Hedge Fund Credit Officer

 Location: London
 Salary: £450-650 a day
 Job type: Permanent
 Closes: closed

Hedge Fund Credit Officer (Contract)

Our client, a leading global banking organisation, is currently seeking an experienced Hedge Fund Credit Officer on a contract basis to join a very busy and expanding team.

Job Description

The role entails contribution to the credit risk management of a portfolio composed of Hedge Funds and Funds of Hedge Funds, and to a lesser extent Private Equity Funds, Regulated Funds or Principals traded through agent.

Responsibilities

  • Analyse creditworthiness of assigned portfolio, which includes writing the credit applications and presenting recommendations to the appropriate credit committee
  • Credit review on an annual basis all counterparts in the designated portfolio
  • Day-to-day transaction approvals (across all types of OTC derivatives), which includes on the Funds part quantifying risk and setting Initial Margin levels for trade requests received from Front Office across the bank
  • Undertake market risk analysis of the funds’ portfolios in relation with counterparty exposure (including Stress Test analysis)
  • Prepare initial Credit Questionnaire for ISDA/CSA and other legal documents, and negotiation of credit related terms in the legal docs
  • Regular reporting of funds exposures, NAV breaches etc.
  • Establishing and maintaining a good working relationship with Trading and Sales and working closely with the other Risk-I2S teams and functions.

Experience

  • Senior technical expert position
  • Strong analytical and writing skills
  • Sound credit judgement, ability to prepare clear and concise recommendations.
  • Strong communication skills for discussions with external (e.g. banks, hedge funds, regulators) and internal clients (e.g. marketers, traders, legal, risk, collateral management) including Senior Management.
  • Good understanding of capital markets products and strategies, in particular OTC derivative products, and their inherent market risks.
  • Some experience in:
    • Conducting due diligence with clients
    • Negotiating credit terms within Legal Documentation (ISDA/CSA)
    • Calculating the risk profile on complex derivatives.

This is an urgent hire so please contact us immediately if you have the relevant experience.

 

credit credit risk hedge fund

Meraki Talent values diversity in our own workforce and we actively support our clients to build diverse and inclusive workplaces. For all our roles, both internal and those on behalf of our clients, we welcome enquiries from everyone

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