Credit Risk Analyst

About Tradeweb

Tradeweb Markets Inc. (NASDAQ: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. Tradeweb provides access to markets, data and analytics, electronic trading, straight-through processing and reporting for clients in the institutional, wholesale and retail markets. Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations.

Tradeweb is a culture built on innovation, creativity and collaboration. Through a combination of talented and driven people, innovative products and solutions, market data, technology and a global client network, Tradeweb continues to improve the way financial markets trade.

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

Job Description

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, credit exposure monitoring, data analytics, management reporting and real-time escalation of counterparty exposure issues.

This position will require strong credit judgment, advanced Excel capabilities, 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.

We are looking for someone who is comfortable working with minimal supervision as part of a global team, can prioritize time-sensitive issues across regions, and can communicate clearly with both technical and non-technical stakeholders.

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.
• Prepare and maintain periodic counterparty credit reviews, internal credit ratings, external ratings, exposure limits, risk classifications and related documentation.
• Monitor counterparty credit exposures in real time, 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 daily, weekly and periodic credit risk reporting for management, risk committees and other internal stakeholders.
• Develop and enhance analytics, dashboards, reports and processes used to monitor counterparty exposures, limit utilization, settlement activity and portfolio-level credit trends.
• Participate in periodic portfolio reviews, counterparty watchlist materials, management updates and risk committee reporting.
• 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 and Compliance to support quick resolution of client or credit exposure related issues.
• Identify opportunities to streamline credit monitoring, reporting, escalation and control processes.
• 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.

Required 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 are required, 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.
• Experience developing risk dashboards, exposure monitoring tools, management reporting packs or workflow improvements.
• 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.

Tradeweb is committed to providing valuable and competitive benefits in accordance with local market practice and company policy.