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Job Description

Job description summary

Responsible for analysis to aid in either the underwriting of hedge fund credit risk, issuer risk, credit mitigates in structured transactions or counterparty risk. Additional responsibilities include proactive evaluation of problem assets, some limit approval authority and reporting of capital markets credit risk. The counterparty credit risk specialist will primarily interface with the traders/marketers and other risk and support groups (i.e. compliance, finance, operations, etc.). Incumbents typically have over five years of experience in credit risk management. Product knowledge and credit skills are necessary.

Looking for a counterparty credit risk specialist to join our risk management team.

The hedge fund credit role is responsible for managing the counterparty risk on a portfolio of EMEA based hedge funds. The position offers a high level of interaction with various sale and trading teams as well as interfacing directly with clients.

In return we will offer the training and support you’d expect from a leading global bank but also the opportunity to grow your career right here in London. With exposure to a variety of financial products and the continued year-on-year growth of the team, we can offer excellent mobility and development.

As a counterparty credit risk specialist your main responsibilities will involve:

  • Performing due diligence of fund clients
  • Preparing written analysis substantiating recourse value of counterparty
  • Proposing risk based limits based on assigned internal counterparty rating
  • Reviewing  potential exposures using VaR, scenario, and other risk based metrics
  • Negotiating of standard industry documentation / conducting ad hoc portfolio reviews.

As a counterparty credit risk specialist your skills/competencies would include:

Skills:

  • Must have solid experience in markets and hedge fund products (derivatives, prime brokerage, etc).
  • Excellent written and verbal skills
  • Quantitative understanding
  • Excel based skills required

If you are interested in this role please apply below or contact me for more information.