Peter Yip Email & Phone Number

Greater New York City Area

• Analyzing counterparty credit risk and approving credit limits for a portfolio of global clients, primarily within the Asset Management sector (Hedge Fund and Real Money Managers, BDCs, SPV, etc.);• Performing on-site due diligence meetings with current and prospective clients;• Collaborating with legal, relationship, and client management teams to negotiate terms for markets trading agreements (e.g. ISDA/CSA, MSLAs, MRAs/GMRAs, Futures and Cleared Derivatives, etc.), loan documents, and other document types;• Stress testing trading portfolios and identifying emerging credit/market risk factors in conjunction with other bank risk functions;• Evaluating a range of trade types and determining independent amount levels;• Ensuring compliance with regulatory standards and policies. Maintaining and improving operational risk control standards.

Greater New York City Area

• Evaluated counterparty credit risk for a diverse range of counterparties including hedge funds, broker-dealers, investment managers, commercial banks, clearing organizations, and government entities with reports presented to local and global credit committees. Counterparties were both domestic and international (Mexico, Canada, Latam);• Presented credit proposals to senior risk managers for approval;• Collaborated with legal department to negotiate terms for various documents including ISDAs, CSAs, MRAs, MSLAs, etc.;• Performed continuous monitoring of counterparties’ performance and identifying ongoing risk trends;

Greater New York City Area

• Initiated margin calls to and answered calls from trading counterparties, working closely with Front Office and counterparts at other firms to cover daily changes in mark-to-market exposure;• Worked in partnership with Trading Desks (OTC derivatives, repo, and securities lending), Credit Risk, and Credit Monitoring Units daily to identify and remedy issues;• Performed trade reconciliations against counterparty trade portfolios, identifying and resolving trade disputes;

Greater New York City Area

• Executed a multitude aspects of trade processing (trade input, settlement, confirmation, etc.) for Money Market / FX trading desks;• Performed front and back end trade reconciliation;• Worked in the project team to migrate back office trade processing systems.