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Senior Counterparty Risk Analyst Jobs in Newark, NJ

ACT Group

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 ...

BNY

Senior Vice President, Credit Risk

Manhattan, NY · On-site

The successful candidate will lead complex credit analysis, recommend and monitor counterparty ... senior stakeholders across business and risk functions. * Experience with legal and credit ...

BNY

Senior Vice President, Credit Risk

Manhattan, NY · On-site

The successful candidate will lead complex credit analysis, recommend and monitor counterparty ... senior stakeholders across business and risk functions. * Experience with legal and credit ...

Morgan Stanley

Risk Analyst

New York, NY · On-site

$75K - $95K/yr

Responsibilities - Identify and perform analysis of counterparty credit risk for derivatives ... senior management, regulatory authorities, Independent Process Validation Group, and Internal Audit ...

Morgan Stanley

Risk Analyst

New York, NY · On-site

$75K - $95K/yr

Responsibilities - Identify and perform analysis of counterparty credit risk for derivatives ... senior management, regulatory authorities, Independent Process Validation Group, and Internal Audit ...

Morgan Stanley

Risk Analyst

New York, NY · On-site

$75K - $95K/yr

Responsibilities - Identify and perform analysis of counterparty credit risk for derivatives ... senior management, regulatory authorities, Independent Process Validation Group, and Internal Audit ...

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All JobsCounterparty Risk Analyst JobsSenior Counterparty Risk Analyst JobsSenior Counterparty Risk Analyst Jobs in Newark, NJ

Senior Counterparty Risk Analyst information

See Newark, NJ salary details

$55.9K

$114.9K

$149K

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

As of Aug 30, 2026, the average yearly pay for senior counterparty risk analyst in Newark, NJ is $114,869.00, according to ZipRecruiter salary data. Most workers in this role earn between $94,600.00 and $143,300.00 per year, depending on experience, location, and employer.

What does a senior counterparty risk analyst do?

A Senior Counterparty Risk Analyst is responsible for assessing and managing the risks that arise from trading and business relationships with other financial institutions or counterparties. They analyze the creditworthiness and financial stability of these counterparties to ensure the firm is protected from potential losses due to defaults. Their role involves monitoring exposure limits, conducting stress tests, and collaborating with traders, credit officers, and risk managers to implement effective risk mitigation strategies. They also stay updated on market trends and regulatory requirements to support the firm's overall risk management framework.

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

To thrive as a Senior Counterparty Risk Analyst, you need a strong background in finance, quantitative analysis, and risk management, often supported by a bachelor's or master's degree in finance, economics, or a related field. Proficiency with risk modeling tools, databases like SQL, and systems such as Bloomberg, as well as relevant certifications like FRM or CFA, is highly valued. Exceptional analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These skills and qualities are critical for accurately assessing and mitigating counterparty risks, ensuring organizational stability and compliance in complex financial environments.

What are the main challenges a senior counterparty risk analyst faces when assessing new counterparties?

A Senior Counterparty Risk Analyst often encounters challenges such as limited access to reliable financial information, especially for counterparties in emerging markets or with complex corporate structures. Navigating rapidly changing market conditions and regulatory requirements can also complicate risk assessments. Additionally, balancing thorough due diligence with tight decision-making timelines requires strong analytical skills and effective collaboration with credit, legal, and front-office teams. Staying proactive about industry trends and developing robust risk models are essential for success in this role.

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

AspectSenior Counterparty Risk AnalystCredit Risk Analyst
Required CredentialsBachelor's degree, often CFA or FRM, experience in risk analysisBachelor's or master's degree, CFA or FRM certifications common
Work EnvironmentFinancial institutions, banks, investment firmsBanks, credit agencies, financial services companies
Employer & Industry UsageUsed in risk management teams focusing on counterparty exposureUsed in credit departments assessing borrower risk

The main difference is that a Senior Counterparty Risk Analyst focuses on evaluating the risk of specific counterparties in transactions, while a Credit Risk Analyst assesses the creditworthiness of individual borrowers or clients. Both roles require similar credentials and are found in financial institutions, but they target different aspects of risk management.

Senior Counterparty Risk Analyst jobs near you
Infographic showing various Senior Counterparty Risk Analyst job openings in Newark, NJ as of June 2026, with employment types broken down into 2% As Needed, 86% Full Time, 9% Part Time, and 3% Temporary. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $114,869 per year, or $55.2 per hour.

Business Analyst -Credit Risk, Market Risk, Counterparty Risk

Accord Technologies Inc.

New York, NY • On-site

Contractor

Re-posted 17 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