ZipRecruiter

Log In

1

Counterparty Credit Risk Jobs in Virginia (NOW HIRING)

ODEC

Enterprise Risk Manager

Glen Allen, VA · On-site

This role oversees trading agreement risk, counterparty credit risk, and trading control risk through the use and oversight of services provided by a trading and risk management company. This ...

Capital One

Principal Auditor - Finance

Mclean, VA · On-site

... liquidity risks, counterparty credit risks, and other risks in treasury and balance sheet ... You develop influential relationships based upon shared risk objectives and trust to deliver ...

New

Capital One

Principal Auditor - Finance

Richmond, VA · On-site

... liquidity risks, counterparty credit risks, and other risks in treasury and balance sheet ... You develop influential relationships based upon shared risk objectives and trust to deliver ...

New

Capital One

Principal Auditor - Finance

Mclean, VA · On-site

... liquidity risks, counterparty credit risks, and other risks in treasury and balance sheet ... You develop influential relationships based upon shared risk objectives and trust to deliver ...

New

Brookfield

VP, Ceded Reinsurance

Richmond, VA · On-site

$214K - $257K/yr

Counterparty oversight: manage reinsurance credit risk by ensuring all participating reinsurers meet group security standards * Strategic analysis: conduct ad-hoc analysis on capital impacts and ...

next page

Showing results 1-20

All JobsCounterparty Credit Risk JobsCounterparty Credit Risk Jobs in Virginia

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 Jul 19, 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 are the typical daily responsibilities of someone working in Counterparty Credit Risk?

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 are the key skills and qualifications needed to thrive in the Counterparty Credit Risk position, and why are they important?

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 is a Counterparty Credit Risk job?

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 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:
Counterparty Credit Risk jobs near you
Portfolio Risk Management Senior Business Lead

Portfolio Risk Management Senior Business Lead

Freddie Mac

Mclean, VA • On-site

Full-time

Re-posted 3 days ago

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. Join an organization where your work contributes to a greater purpose.
Position Overview
Are you an innovative risk leader who wants to make an impact? Are you interested in applying your passion, talent, and ambition to support affordable and sustainable housing for families in communities nationwide? Join the Enterprise Risk Division as a Portfolio Risk Management Senior Business Lead!
Our Impact:
The Portfolio Risk Management Senior Business Lead conducts Enterprise Risk counterparty risk analytics, governance, and oversight for Freddie Mac's Single-Family (SF) and Multifamily (MF) mortgage portfolios. The role assesses, monitors, and communicates risks related to mortgage insurers (MIs), seller/servicers (S/S), banks, and other SF/MF counterparties-combining financial analysis, portfolio surveillance, market monitoring, and transaction-driven risk assessments to support risk appetite, approvals, and senior management decision-making.
Your Impact:
Counterparty Risk Analytics & Oversight
  • Lead counterparty-focused risk analysis for SF/MF portfolios, with primary responsibility for mortgage insurers, reinsurers, and/or seller/servicers.
  • Lead assessment of counterparty financial strength, including liquidity, earnings, funding profile, capital adequacy, profitability, risk indicators, and qualitative risk factors, and evaluate potential impacts to counterparty credit risk.
  • Perform counterparty risk attribution and trend analysis to explain changes in counterparty exposures, risk profiles, and concentrations over time.
  • Lead or provide independent risk assessments for transaction-driven counterparty matters, including mergers and acquisitions, significant initiatives, and Freddie Mac's new or expanded counterparty activities.
  • Support counterparty onboarding and approval workstreams, including coordination across stakeholders and ensuring required artifacts are complete for decisioning.
  • Review and provide risk assessments for methodologies and frameworks used for counterparty risk management such as counterparty exposures or counterparty ratings.

Ongoing Counterparty Surveillance
  • Design and maintain ongoing counterparty monitoring frameworks, including financial metrics, performance indicators, and early-warning signals for SF/MF counterparties.
  • Identify, assess, and clearly articulate emerging counterparty risks, including deterioration in financial condition, structural vulnerabilities, or adverse market developments.
  • Provide timely, decision-relevant risk insights to support proactive risk management actions. Escalate material counterparty concerns, mergers and acquisitions, limit breaches, or governance issues to senior risk leadership, and support CRO- and committee-level visibility as needed.

Cross-Functional Collaboration
  • Partner closely with Single-Family, Multifamily and Counterparty Credit Risk teams to ensure alignment of data, analytics, and risk messaging.
  • Work closely with other Enterprise Risk teams, including Credit, Model Risk, Compliance, and Third-Party Risk Management, to support end-to-end risk governance across credit, capital, model, and regulatory dimensions.

Qualifications:
  • 10+ years of experience in counterparty credit risk and mortgage credit risk, with demonstrated expertise in counterparty financial analysis (capital adequacy, liquidity, earnings sustainability, funding structures, and stress performance) across financial institutions and non-bank counterparties.
  • Strong business and risk knowledge of mortgage insurers (MIs), reinsurers (RIs), and/or seller/servicers, including operating models, regulatory frameworks, capital regimes, and performance drivers across market cycles (preferred).
  • Quantitative degree preferred in finance, economics, mathematics, statistics, or a related field; master's degree or professional certifications (e.g., FRM, CFA) a plus.
  • Strong decision-making skills, with the ability to work effectively under pressure to resolve critical issues.
  • Excellent verbal and written communication skills, with the ability to communicate complex information to a variety of audiences (including senior management and regulators) in a clear and actionable manner.
  • Experience analyzing complex financial data and using risk management and financial analysis tools (e.g., Python, R, Excel) a plus.

Keys to Success in this Role:
  • Lead and mentor a team of analysts focused on counterparty and portfolio risk analytics.
  • Promote strong analytical judgment, sound risk reasoning, and clear executive-level communication.
  • Drive continuous improvement in counterparty risk frameworks, policy standards, assessment documentation, and controls.

Current Freddie Mac employees please apply through the internal career site.
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.
A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Exempt
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 $154,000 - $230,000 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.
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

View All Freddie Mac Jobs

Apply