Credit Risk Manager – Hedge Fund Analyst – Tier 1 IB

Main Function

* Responsible for the effective credit risk management (evaluation of risk/exposure management) related to a portfolio of European hedge funds.

* Prudent and appropriate use of delegated discretion to approve the granting of credit approval in accordance with Bank policy.

* Ensure continued growth of the business without incurring unmanageable risks.

* Engage in assessing and making recommendations of proposals received from business development/product areas.

* Stay current with financial analysis and risk profile of the assigned sectors and counterparties.

* Alert senior management to negative developments and trends for clients and segments within the Hedge Fund sector.

* Support Senior Management in the management of contingent risk.

Responsibilities

Evaluation and proactive management of credit exposures to assigned Hedge Fund counterparties.

* Monitoring of financial performance.

* Preparing and approving annual credit and industry reviews; potential presentation of larger, more complex group reviews to Credit Committee.

* Counterparty/borrower due diligence, including participation in calls/meetings with counterparties with Relationship Executive or Sales Personnel.

* Negotiation of legal documents.

* Evaluating and approving internal credit grades on an ongoing basis.

* Portfolio reviews and presentation.

* Continuous development of industry knowledge through research, contacts and participation in seminars.

* Continuous development of product knowledge in accordance with product offerings of the firm.

* Development of personal contacts with all product teams and related support functions.

* Accurate and relevant documentation of required information in all presentations in conformance with Bank policy.

* Reviewing and approving Limits Requests/Product Proposals for the assigned names; preparation of recommendations to senior management for such names.

* Monitoring of limit utilization and excesses over limits; referral of excesses with recommendations to senior management for authorization/endorsement as necessary.

* Liaison with Administration Unit staff relative to updating of Global Customer Information System ("GCIS")/preparation of credit committee presentations; responsibility for ultimate integrity of GCIS data for assigned names.

* Liaison with Legal Department on all documentation issues related to individual clients for all products.

* Meetings with internal external auditors and regulators.

The successful candidate will have good written and verbal skills, a strong governance mentality and good attention to detail. They will be a self starter, with ability to think independently and pro-actively drive tasks through to completion.

Qualifications:

* Undergraduate degree

* At least 3-5+ years of experience working in a credit department of an investment bank

* Minimum 2-3 years of experience in analyzing hedge funds

* Strong understanding of all trading products and related market risks

* Strong knowledge of various product specific documentation and negotiating credit terms

* Self-starter who can manage with minimal direction

May 30, 2013 • Tags:  • Posted in: Financial

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