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Credit Risk Officer

New York, New York

Job Description:

Responsible for all aspects of the credit management of Hedge Funds

(HF). This is a high-volume and fast-moving portfolio that utilizes a risk-

based approach to drive revenue while maintaining appropriate credit

risk disciplines.

• Credit analysis: Participate in initial and ongoing due diligence of HFs.

Perform quantitative and qualitative credit assessment, setting internal

ratings and recommending credit limits

• Initial margin calculation: Determine initial margin (IM) and evaluate

transactional risks associated with OTC and exchange traded derivatives,

securities financing and structured trades 

• Trade approval: Hold delegated approval authority to approve trading

floor request (OTC derivatives) or to make recommendations to higher

authority levels. 

• Relationship management: Build strong working relationship with

external HF clients, internal business partners including Sales, Structuring

& Trading, Risk counterparts, Legal and Audit Function

• Risk monitoring: Undertake regular exposure analysis including internal

stress testing and IM backtesting. Monitoring of performance and AUM

flow data received from HFs 

• Trading documentation: Liaise with Legal and client in negotiating ISDA,

CSA, GMRA etc. 

• Portfolio reviews: Preparation of portfolio reports and reviews,

including analysis of OTC and F&O exposures, any counterparties of

concern and other pertinent risk issues. 

Candidate will have significant exposure to Global Markets personnel

including Trading / Structuring / Sales, as well various support partners.

Candidate must be comfortable working on transactions in a fast-paced

capital markets/trading environment.

*Required Skills: “Must” have these skills to be minimally qualified.

10+ years of Hedge Fund Credit Risk Management Experience

Desired Skills:

Proficient with Microsoft Office, Bloomberg

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Responsible for all aspects of the credit management of Hedge Funds

(HF). This is a high-volume and fast-moving portfolio that utilizes a risk-

based approach to drive revenue while maintaining appropriate credit

risk disciplines.

• Credit analysis: Participate in initial and ongoing due diligence of HFs.

Perform quantitative and qualitative credit assessment, setting internal

ratings and recommending credit limits

• Initial margin calculation: Determine initial margin (IM) and evaluate

transactional risks associated with OTC and exchange traded derivatives,

securities financing and structured trades 

• Trade approval: Hold delegated approval authority to approve trading

floor request (OTC derivatives) or to make recommendations to higher

authority levels. 

• Relationship management: Build strong working relationship with

external HF clients, internal business partners including Sales, Structuring

& Trading, Risk counterparts, Legal and Audit Function

• Risk monitoring: Undertake regular exposure analysis including internal

stress testing and IM backtesting. Monitoring of performance and AUM

flow data received from HFs 

• Trading documentation: Liaise with Legal and client in negotiating ISDA,

CSA, GMRA etc. 

• Portfolio reviews: Preparation of portfolio reports and reviews,

including analysis of OTC and F&O exposures, any counterparties of

concern and other pertinent risk issues. 

Candidate will have significant exposure to Global Markets personnel

including Trading / Structuring / Sales, as well various support partners.

Candidate must be comfortable working on transactions in a fast-paced

capital markets/trading environment.

*Required Skills: “Must” have these skills to be minimally qualified.

10+ years of Hedge Fund Credit Risk Management Experience

Desired Skills:

Proficient with Microsoft Office, Bloomberg

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21082394

Band: H5

Manages People: No

Travel: Yes, 25% of the time

Manager:

Talent Acquisition Contact:

Jennifer Murphy

Referral Bonus:

0

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036