Counterparty & Credit Risk Specialist | Based in Barcelona
Kantox is formalising its counterparty and credit risk function. As we scale our Liquidity Model client base, we need someone to build and operate the framework that governs client credit assessment, margin management, and exposure oversight, and to embed sound risk culture across our first line of defence.
This is a hands‑on role combining framework development with daily risk operations in a regulated fintech environment. You will work closely with Sales, Operations, Finance, and group‑level risk stakeholders, and report directly to the Chief Risk and Compliance Officer, with a broader mission to develop risk awareness and embed a sound risk culture across Kantox's first line of defence.
What you will work on
Framework & Governance
- Drafting and maintaining the internal procedure and policy governing collateral and risk management, including margin methodology, eligible collateral, and escalation thresholds
- Designing and maintaining the Counterparty & Credit Risk Policy, ensuring periodic review covering governance, risk appetite, limit structure, and escalation protocols
- Defining a client tiering model based on creditworthiness and ensuring it is embedded in platform margin parameters
- Translating entity‑level risk appetite into per‑client credit limits
- Monitoring regulatory developments affecting counterparty and credit risk (EMIR, EBA guidelines) and assessing their impact on Kantox's framework, proposing updates to the CRO as required
- Supporting the development of risk awareness within Kantox's first line of defence, acting as a point of reference for Sales, Operations, and Finance on counterparty and credit risk matters
Daily Risk Monitoring
- Monitoring counterparty exposure daily: MtM positions, margin balances, and credit limit utilisation
- Overseeing the margin call process to ensure calls reflect credit assessment and current market conditions
- Maintaining a daily monitoring report
