Counterparty Credit Risk Specialist

Company Description

Tradeweb is a global leader in electronic trading across asset classes. As financial markets become increasingly interconnected, our technology enables efficient, multi-asset trading on a global scale. We serve more than 3,000 clients in more than 85 countries, including many of the world's largest banks, asset managers, hedge funds, insurers, corporations, and wealth managers.

Creative collaboration and sharp client focus have helped fuel our organic growth. We facilitated average daily trading volume (ADV) of more than $2.8 trillion over the past four fiscal quarters, topping $3.3 trillion in ADV for the first quarter of 2026.

Since our IPO in 2019, Tradeweb has completed four acquisitions and doubled our revenues - and 2025 was our 26th consecutive year of record revenues.

Tradeweb plays a central role in modernizing market structure by developing innovative trading protocols, embedding analytics into execution, and building technology infrastructure that supports the convergence of traditional and digitally native financial markets. Tradeweb is a great place to work, recognized in 2025 by Forbes as one of America's Best Companies and by U.S. News & World Report as one of the Best Financial Services Companies to Work For.

Tradeweb Markets LLC ("Tradeweb") is proud to be an EEO Minorities/Females/Protected Veterans/Disabled/Affirmative Action Employer.

Workplace Posters | U.S. Department of Labor

Group Details

Tradeweb is seeking a Risk Management Assistant Vice President, Credit Risk Analyst, based in our Bengaluru office. The successful candidate will support Tradeweb's global counterparty credit risk management framework, with a focus on APAC and UK business-hours coverage.
The role will report into the Head of Counterparty Credit Risk, based in New York, and will work closely with Risk Management colleagues, Operations, Client Services, Product, Technology, Legal, Compliance and other internal stakeholders.
The successful candidate will be responsible for counterparty credit reviews, counterparty onboarding support, credit exposure monitoring, escalation of exposure issues, and key credit risk reporting. This position will require strong credit judgment, comfort working with trading and settlement data, and the ability to act in a timely and controlled manner when counterparty exposure or settlement issues arise.
The individual will work with Operations teams to determine settlement status of trades and overall counterparty exposures, and will support decisions related to temporarily restricting or re-enabling client trading activity in accordance with Tradeweb's credit risk policies and procedures.

Job Responsibilities

Perform counterparty credit analysis and assess the creditworthiness of financial institutions and other institutional clients, including broker/dealers, banks, investment managers, proprietary trading firms and hedge funds.

Support the review and onboarding of counterparties from a credit risk perspective.

Prepare and maintain periodic counterparty credit reviews, internal credit ratings, external ratings, exposure limits, risk classifications and related documentation.

Monitor counterparty credit exposures, including current exposure, potential future exposure, limit utilization, credit exceptions, intraday limit encroachments and breaches.

Evaluate and escalate credit exceptions, settlement concerns, exposure overages, watchlist developments and other issues that may affect counterparty risk appetite.

Work closely with Operations and settlement teams to determine trade settlement status, failed or outstanding trade activity and other factors that may impact counterparty exposure.

Support decisions to temporarily restrict, suspend or re-enable client trading activity based on counterparty exposure, settlement status, credit profile and applicable risk procedures.

Prepare key credit risk reporting for management, risk committees and internal stakeholders.

Maintain the accuracy and integrity of credit risk data, limit records, exposure reports, escalation records and supporting documentation.

Liaise with Risk, Operations, Client Services, Product, Technology, Legal, Compliance, Business and Sales teams to support quick resolution of client or credit exposure related issues.

Support the continued development of counterparty credit risk policies, procedures, standards, tools and governance processes.

Provide APAC and UK business-hours coverage for the global Counterparty Credit Risk function, with clear escalation and handoff to New York-based management as appropriate.

Qualifications

BA/BS degree in Finance, Accounting, Economics, Engineering, Mathematics, Statistics, Business or a related discipline.

5 plus years of relevant experience in counterparty credit risk, credit analysis, market risk, trading risk, settlement risk, operations risk or a related financial services risk role.

Experience analyzing financial institutions and institutional counterparties, including banks, broker/dealers, investment managers, proprietary trading firms, hedge funds or similar entities.

Strong understanding of counterparty credit risk concepts, including credit ratings, exposure limits, current exposure, potential future exposure, limit utilization, settlement risk and escalation processes.

Excellent financial statement analysis skills and ability to assess creditworthiness using quantitative and qualitative information.

Strong understanding of fixed income products and key counterparty risk metrics.

Advanced Excel skills, including experience working with large data sets, pivot tables, lookups, complex formulas, reconciliations, controls and recurring reporting workflows.

Strong analytical and problem-solving skills, with the ability to evaluate credit, exposure and settlement data under time-sensitive conditions.

Excellent written and verbal communication skills, with the ability to communicate concisely and effectively across regions and management levels.

Ability to manage competing deadlines, prioritize responsibilities and escalate issues appropriately.

Strong attention to detail and commitment to maintaining accurate risk data, documentation and controls.

Ability to work independently while remaining aligned with a global team across APAC, UK and US time zones.

Willingness to provide APAC and UK business-hours coverage from the Bengaluru office.

Desired Skills

Direct experience in counterparty credit risk, credit limit monitoring, trading risk, settlement risk or real-time exposure monitoring.

Familiarity with fixed income, rates, credit, repo, derivatives or other institutional trading products.

Experience working with Operations or settlement teams to resolve failed trades, outstanding settlements or exposure-related issues.

Experience with counterparty stress testing, portfolio reviews, watchlist reporting or risk committee materials.

Experience with SQL, Python, Tableau, Power BI, Alteryx, VBA or similar analytics and reporting tools is preferred but not required.

Knowledge of regulatory requirements, risk governance, escalation frameworks, policies, procedures and internal controls.

Professional certification or progress toward CFA, FRM, PRM or similar risk/finance certification is helpful but not required.

Experience working across global teams and time zones.

Additional Information

This role is based in the Bengaluru office and will support APAC and UK business hours as part of a global Risk Management function. The role is structured as hybrid, with regular in-office presence expected and flexibility subject to business needs and local practice.
The successful candidate will receive both on-the-job and professional training, where needed, to integrate into the team and develop a strong understanding of Tradeweb's products, risk management practices, operational workflows and credit monitoring processes.