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.
• 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 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.