Global Markets Credit - Hedge Funds, VP

$120,000 - $145,000 yearly
  • The Resume Review - Recruiting Department
  • New York, NY, USA
  • Apr 18, 2022
Full time Accounting Banking Finance

Job Description

Job description
Job Description and Requirements
Responsible for credit analysis and investigation of existing and prospective clients and counter parts under direction of senior team members. Requires a full understanding of the organization's credit policies and existing credit arrangements. Requires continued knowledge development of specifics related to the business unit or product being supported, including unique credit arrangements. Experience level typically ranges from two to eight years.
 
Job Requirements:
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