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Counterparty Credit Risk Jobs in Virginia (NOW HIRING)

Collaborate with the Counterparty Credit Risk Management (CCRM) Team to gain in-depth understanding of various types of financial institutions (e.g. Mortgage Banks, Depository Institutions, Insurers ...

As part of the Models & Analytics team, this role will primarily support Freddie Mac's Counterparty Credit Risk Management and Asset-Liability Management functions, with responsibilities spanning ...

Collaborate with the Counterparty Credit Risk Management (CCRM) Team to gain in-depth understanding of various types of financial institutions (e.g. Mortgage Banks, Depository Institutions, Insurers ...

Understanding Freddie Mac's retained risks, on desks such as Asset Liability Management, Retained Portfolio Investments or Counterparty Risk Management Credit Risk: * Learning how Freddie Mac manages ...

Understanding Freddie Mac's retained risks, on desks such as Asset Liability Management, Retained Portfolio Investments or Counterparty Risk Management Credit Risk: * Learning how Freddie Mac manages ...

Senior Legal Counsel, Ceded Reinsurance

Richmond, VA · On-site

$138K - $187K/yr

Partner with Ceded Re leadership to embed counterparty concentration and credit-risk controls into master QS language/MOUs and future fronting frameworks. * Ensure all agreements are executed on a ...

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Showing results 1-20

Counterparty Credit Risk information

See Virginia salary details

$49.6K

$108.4K

$181.4K

How much do counterparty credit risk jobs pay per year?

As of Aug 29, 2026, the average yearly pay for counterparty credit risk in Virginia is $108,376.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,400.00 and $140,800.00 per year, depending on experience, location, and employer.

What is counterparty credit risk?

A Counterparty Credit Risk job involves assessing and managing the credit exposure a financial institution faces from its counterparties, such as banks, hedge funds, and corporations. Professionals in this role analyze the creditworthiness of counterparties, set risk limits, and monitor exposures to mitigate potential losses. They use quantitative models and market data to assess risks in trading, lending, and derivative transactions. The role requires strong analytical skills, knowledge of financial markets, and an understanding of regulatory requirements.

What does a counterparty credit risk professional do?

Professionals in Counterparty Credit Risk spend their days analyzing the creditworthiness of clients, assessing exposures, and monitoring limits to minimize potential losses. They frequently review financial statements, assign credit ratings, and collaborate with front office, legal, and operations teams to structure deals and set terms. Ongoing responsibilities may also include preparing risk reports, presenting findings to risk committees, and staying informed about market events that could impact counterparties. This role combines independent analysis with close teamwork and cross-departmental communication, making it dynamic and integral to risk management in financial institutions.

What skills and qualifications are needed to thrive in counterparty credit risk?

To thrive in Counterparty Credit Risk, you need a strong background in financial analysis, quantitative modeling, and risk assessment, typically supported by a degree in finance, mathematics, or a related field. Familiarity with credit risk modeling tools such as Moody’s RiskCalc, SAS, and advanced proficiency in Excel and SQL is highly valued, alongside relevant certifications like FRM or CFA. Strong analytical thinking, attention to detail, and clear communication skills set top professionals apart. These abilities are crucial for accurately assessing counterparties’ creditworthiness, mitigating financial risks, and supporting sound decision-making in fast-paced financial markets.

What are popular job titles related to Counterparty Credit Risk jobs in Virginia?

For Counterparty Credit Risk jobs in Virginia, the most frequently searched job titles are:

What job categories do people searching Counterparty Credit Risk jobs in Virginia look for?

The top searched job categories for Counterparty Credit Risk jobs in Virginia are:

Infographic showing various Counterparty Credit Risk job openings in Virginia as of August 2026, with employment types broken down into 77% Full Time, and 23% Part Time. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $108,376 per year, or $52.1 per hour.

Counterparty Credit Risk Management, Sr

Freddie Mac

Mclean, VA • On-site

$109K - $163K/yr

Full-time

Posted 15 days ago


Freddie Mac rating

9.2

Company rating: 9.2 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


Job description

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Continue your career journey where your work contributes to a greater purpose.

Position Overview:

Are you passionate about counterparty credit risk management? We're looking for someone who can navigate complex credit challenges across banks and corporates - identifying, measuring, and managing risk while delivering solutions that are innovative, thorough, and practicable. If that sounds like you, come join our team! You'll have the opportunity to assess the credit strength of counterparties and perform financial continuous due-diligence activities, while playing an active role in the development of methodologies and related risk reporting on counterparty matters. Apply now and learn why there's #MoreAtFreddieMac!

Our Impact:

  • Our team is responsible for managing Freddie Mac's counterparty credit risk exposure to Banks and Corporates.
  • Ensure that counterparty risks are adequately evaluated, and that adverse portfolio and/or individual counterparty trends are identified in a proactive manner.

Your Impact:

  • Assess on an ongoing basis the creditworthiness of Banks and Corporate counterparties.
  • Assign internal counterparty ratings and document the corresponding rationale similar to a rating agency credit opinion.
  • Conduct due diligence on new counterparty applicants as needed as part of internal approval processes.
  • Develop recommendations for corrective actions to address counterparty non-compliance.
  • Assist in the development and improvement of counterparty eligibility requirements and related policies and procedures.
  • Manage and monitor internal counterparty risk exposures against corporate limits.
  • Conduct credit risk analyses of emerging industry issues and industry trends.
  • Find opportunities for operational improvement that streamline or improve existing processes.
  • Perform periodic management reporting related to counterparty credit risk and assist in developing presentations to senior management.

Qualifications:

  • BS/BA Degree in finance, economics, accounting, or a related degree or equivalent along with 5+ years of related professional work experience in financial services, consulting, risk management, or a related field
  • 3+ year of Counterparty experience
  • Ability to assess a company's financial strength through analyzing its financial documents, statements, and other related materials
  • Proficient in MS Office with advanced skills in Excel

Keys to Success in this Role:

  • Excellent analytical skills
  • Good verbal and written communication skills
  • Ability to work independently with limited direct supervision
  • Ability to work independently with limited direct supervision

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $109,000 - $163,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.Employment Type: FULL_TIME

What Freddie Mac employees say

Pay

Hours and flexibility

Workplace

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Freddie Mac logo

About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970