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Counterparty Credit Risk Analyst Jobs in New York

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 ...

Role Description The Vice President, Portfolio Analysis - Stress Testing & CCAR, will serve as a key contributor within the Counterparty Credit Risk (CCR) Portfolio Analysis team. The VP will drive ...

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Counterparty Credit Risk Analyst information

See New York salary details

$40.5K

$124.6K

$216.1K

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

As of Aug 18, 2026, the average yearly pay for counterparty credit risk analyst in New York is $124,590.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,300.00 and $153,700.00 per year, depending on experience, location, and employer.

What is a counterparty credit risk analyst?

A Counterparty Credit Risk Analyst is a finance professional who evaluates and manages the risk that a counterparty (such as a bank, corporation, or trading partner) may default on financial obligations. They analyze creditworthiness, monitor exposures, and recommend risk mitigation strategies to protect their organization from potential losses. Their work is critical in areas like trading, lending, and derivatives, helping financial institutions make informed decisions and comply with regulatory requirements.

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

A Counterparty Credit Risk Analyst requires strong analytical skills, a background in finance or economics, and proficiency in risk assessment methodologies, often supported by a relevant degree or certifications such as CFA or FRM. Familiarity with risk management systems, financial modeling tools like Excel or Python, and industry databases is crucial. Attention to detail, effective communication, and problem-solving abilities help analysts interpret data and collaborate with stakeholders. These competencies are vital for accurately assessing credit exposures, minimizing losses, and supporting informed decision-making in financial institutions.

How does a counterparty credit risk analyst typically interact with other teams within a financial institution?

Counterparty Credit Risk Analysts collaborate closely with teams such as trading, risk management, legal, and operations. They frequently consult with traders to understand transaction details and assess exposure, while also working with legal teams to review contracts and ensure adequate risk mitigations are in place. Regular communication with risk management colleagues helps ensure consistent risk assessment standards, and interactions with operations support accurate data flow and timely reporting. This cross-functional teamwork is essential for comprehensive risk evaluation and effective decision-making.

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

AspectCounterparty Credit Risk AnalystCredit Risk Analyst
CredentialsTypically requires a degree in finance, economics, or related field; certifications like CFA or FRM are commonSimilar credentials; CFA or FRM preferred
Work EnvironmentFinancial institutions, investment banks, trading desksBanks, asset management firms, credit agencies
Industry UsageFocuses on assessing risks from specific counterparties in trading and derivativesBroader credit risk assessment across various portfolios

The main difference is that a Counterparty Credit Risk Analyst specializes in evaluating risks associated with specific counterparties, especially in trading and derivatives, while a Credit Risk Analyst assesses overall creditworthiness across multiple portfolios. Both roles require similar qualifications and are found in similar financial environments, but their focus areas differ.

What are popular job titles related to Counterparty Credit Risk Analyst jobs in New York?

For Counterparty Credit Risk Analyst jobs in New York, the most frequently searched job titles are:

What job categories do people searching Counterparty Credit Risk Analyst jobs in New York look for?

The top searched job categories for Counterparty Credit Risk Analyst jobs in New York are:

Infographic showing various Counterparty Credit Risk Analyst job openings in New York as of August 2026, with employment types broken down into 82% Full Time, 17% Part Time, and 1% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $124,590 per year, or $59.9 per hour.

VP, Counterparty Credit Risk Quantitative Analyst

Jefferies

Manhattan, NY

$185K - $200K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 12 days ago


Job description

We are seeking a highly skilled quantitative professional to join the Risk Analytics group to develop and manage analytics for counterparty credit risk models focused on fixed income products, including repos, security lend/borrow, mortgages, and interest rate derivatives. The candidate will contribute to model development across the full model lifecycle, from methodology and design to implementation, validation, and ongoing performance monitoring. The successful candidate will also provide quantitative risk analysis to support day-to-day counterparty credit risk management. 

Responsibilities

  • Develop and implement analytics to support counterparty credit risk management.
  • Design and Build infrastructure to consolidate counterparty credit risk models across systems.
  • Conduct quantitative research to implement model changes, enhancements, and remediations.
  • Design and develop analytical tools and dashboards to enhance risk transparency and decision-making.
  • Build and maintain model performance monitoring, benchmarking, and backtesting frameworks.
  • Assess methodologies and processes to identify potential weaknesses and evaluate risk materiality.
  • Partner with stakeholders across business, risk, technology, and other functional teams to ensure effective model development, governance, and usage 

Qualifications

  • Master's Degree in a quantitative discipline; PhD preferred.
  • A minimum of 3-5 years of experience in counterparty credit risk modeling.
  • Deep understanding of pricing and risk calculations for financial products.
  • Strong analytical skills, with the ability to interpret complex quantitative models and translate business requirements into robust library design, code development, and integration into IT systems.
  • Proficiency in Python and other programming languages, with strong data-handling skills in SQL.
  • Strong project management, organizational, and stakeholder communication skills.
  • Excellent written communication skills, with the ability to produce clear, precise, and compliant model documentation.
  • Familiarity with Numerix and/or Bloomberg platforms is preferred.
  • CQF Certification is highly desired. 

Primary Location Full Time Salary Range of $185,000 - $200,000. 

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.

At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodation to individuals with disabilities, as required by applicable law.

The salary offered will take into consideration an individual's experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full-time employees, paid parental leave.