1

Contractual Counterparty Risk Analyst Jobs in Madison, NJ

Sr. Credit Risk Analyst

New York, NY · On-site

$100K - $150K/yr

As a Senior Credit Risk Analyst, you will join our Global Risk team in New York and oversee credit ... Assess and manage counterparty credit risk across existing and prospective clients. * Partner with ...

Sr. Credit Risk Analyst

New York, NY · On-site

$100K - $150K/yr

As a Senior Credit Risk Analyst, you will join our Global Risk team in New York and oversee credit ... Assess and manage counterparty credit risk across existing and prospective clients. * Partner with ...

Risk Analyst

New York, NY · On-site

$75K - $95K/yr

Responsibilities - Identify and perform analysis of counterparty credit risk for derivatives ... traded products, contractual agreements, collateral management, risk data and metrics ...

Risk Analyst

New York, NY · On-site

$75K - $95K/yr

Responsibilities - Identify and perform analysis of counterparty credit risk for derivatives ... traded products, contractual agreements, collateral management, risk data and metrics ...

next page

Showing results 1-20

Contractual Counterparty Risk Analyst information

See Madison, NJ salary details

$45.9K

$89.4K

$128.3K

How much do contractual counterparty risk analyst jobs pay per year?

As of Aug 25, 2026, the average yearly pay for contractual counterparty risk analyst in Madison, NJ is $89,356.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,200.00 and $103,100.00 per year, depending on experience, location, and employer.

What does a contractual counterparty risk analyst do?

A Contractual Counterparty Risk Analyst is responsible for assessing and managing the risks associated with entering into contracts and agreements with other parties—known as counterparties. Their main tasks include analyzing the financial stability and creditworthiness of counterparties, reviewing contract terms, and recommending risk mitigation strategies. They work closely with legal, compliance, and business teams to ensure that contractual obligations do not expose the organization to unnecessary financial or reputational risks. By identifying and monitoring potential risks, they help protect the company from losses due to counterparty defaults or breaches.

What are the key skills and qualifications needed to thrive as a contractual counterparty risk analyst?

To thrive as a Contractual Counterparty Risk Analyst, you need a strong understanding of financial risk assessment, contract analysis, and regulatory frameworks, often supported by a degree in finance, economics, or a related field. Familiarity with risk management software, data analytics tools like Excel or SQL, and knowledge of industry regulations such as Basel III or Dodd-Frank are typically required. Excellent analytical thinking, attention to detail, and effective communication skills help you interpret complex agreements and collaborate with stakeholders. These competencies are crucial for identifying, evaluating, and mitigating counterparty risks, thereby protecting the organization's financial interests.

How does a contractual counterparty risk analyst typically collaborate with legal and trading teams to assess risk exposure?

As a Contractual Counterparty Risk Analyst, you will frequently work alongside legal and trading teams to evaluate the risk profiles of counterparties and ensure contracts are structured to mitigate potential losses. This collaboration often involves reviewing legal documentation, analyzing creditworthiness, and providing input on risk terms before agreements are finalized. Effective communication and a solid understanding of both financial instruments and legal frameworks are essential. You'll contribute to regular meetings and reporting cycles, ensuring all parties are aligned on risk assessments and mitigation strategies.

What is the difference between Contractual Counterparty Risk Analyst vs Credit Risk Analyst?

AspectContractual Counterparty Risk AnalystCredit Risk Analyst
Primary FocusAssessing risks related to contractual obligations and counterparty agreementsEvaluating the creditworthiness of borrowers and debtors
CertificationsTypically CFA, FRM, or similar certificationsOften CFA, FRM, or credit-specific certifications
Work EnvironmentFinancial institutions, trading firms, or corporations managing contractual risksBanks, investment firms, or credit agencies analyzing credit profiles
Industry UsageCommon in banking, trading, and financial servicesWidely used in banking, asset management, and credit sectors

The Contractual Counterparty Risk Analyst focuses on contractual obligations and counterparty exposures, while the Credit Risk Analyst evaluates the creditworthiness of clients. Both roles require similar certifications and often work within financial institutions, but their core responsibilities differ in scope and focus.

What cities near Madison, NJ are hiring for Contractual Counterparty Risk Analyst jobs?

Cities near Madison, NJ with the most Contractual Counterparty Risk Analyst job openings:

Business Analyst -Credit Risk, Market Risk, Counterparty Risk

New York, NY • On-site

Accord Technologies Inc.
51 - 200 employees

Contractor

Re-posted 12 days ago


Job description

Job Title: Business Analyst (Credit Risk, Market Risk, Counterparty Risk)
Location: New York, NY (onsite)
Duration: 12 months 
Job Type: W2 contract.
 
We are seeking an experienced Risk Business Analyst to bridge the gap between our Risk Management organization and Technology teams in New York City. This role requires deep subject matter expertise in Credit Risk, Market Risk, and Counterparty Credit Risk (CVA) to drive requirements for risk system enhancements, regulatory implementations, and data infrastructure projects.
Key ResponsibilitiesRisk Analysis & Requirements
  • Elicit and document detailed business requirements for risk measurement systems (VaR, PFE, EPE, SIMM, SA-CCR)

  • Analyze data flows for risk aggregation, stress testing (CCAR/DFAST), and regulatory reporting (Basel III/IV, FRB 2052a)

  • Define specifications for limit monitoring, collateral management, and risk attribution

Stakeholder Management
  • Serve as liaison between Front Office, Risk Managers, Quants, and IT teams

  • Conduct gap analysis of current systems vs. business needs for trading book/banking book risks

  • Present solution recommendations to senior stakeholders

Project Delivery
  • Lead UAT for risk system implementations

  • Create data dictionaries and mapping documents for risk factor transformations

  • Support remediation of audit findings and regulatory requirements

Required Qualifications

Domain Expertise:

  • 9+ years as a Risk Business Analyst in capital markets

  • Hands-on experience with:

    • Credit Risk: Exposure methodologies (PFE, EAD), ratings, RWA calculations

    • Market Risk: VaR (Historical/Parametric), stress testing, product coverage

    • Counterparty Risk: CVA/DVA, margin frameworks (SIMM, ISDA SIMM)

Technical Skills:

  • Proficient in SQL for data analysis

  • Experience with risk systems: Moodys RiskFrontier, Algorithmics, Bloomberg MARS, RiskMetrics

  • Understanding of risk data models and regulatory timelines

Soft Skills:

  • Exceptional communication for technical and non-technical audiences

  • Proven ability to manage conflicting priorities