Credit Officer, Hedge Funds

3 weeks ago


London, United Kingdom BNP Paribas Full time

**BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.**

**BNP Paribas Corporate and Institutional Banking is a globally recognised leader offering capital markets, securities services, financing, treasury and advisory solutions.**

RISK MFI Credit & Counterparty Risk Team’s main responsibility is the risk management oversight and control of credit and counterparty risks within the remit of RISK MFI’s authority for all activities conducted within BNP Paribas.

RISK MFI Credit & Counterparty Risk Team (CCR Team) is to promote a holistic and integrated end-to-end approach of risk management - whereby the collective efficiency is improved. The Credit & Counterparty Risk pillar of Risk Analysis & Decisions is structured to ensure a full consistency between counterparty and credit risks approach for each approval across MFI.

CCR Team comprises of three sub-teams:

- Credit Team - responsible for managing the credit decision process and evolution of the counterparty and credit risks on the Bank's institutional clients (excluding HFs). This team comprises of Credit Officers (COs), organized by types of counterparties and transversal Senior Credit Officers (SCOs);
- Hedge Fund Team - responsible for managing the credit decision process and steering the counterparty and credit risks on Hedge Funds (“HFs”) and Risky Funds (“RFs”) clients. The HF Team is the main point of contact for the Business and other RISK teams on both credit and counterparty risks in relation to HFs and RFs.
- Counterparty Risk Team - a transversal team serving the credit decision process and managing the counterparty risks generated by any corporate, financial institution (incl. market infrastructure) or sovereign counterparty, as well as collateral risks generated by Global Markets and 2S;

**Main responsibilities of the Hedge Fund team**:

- Central point of contact for CIB (FIC[1], GM, 2S) and within RISK on counterparty and credit risks with HFs and RFs, responsible to provide risks analysis (as LoD2), express opinion, and take decisions. Setting risk appetite and framework, provide support and guidance to other RISK teams
- Responsible for credit process and decision making on HFs and RFs.
- Anticipation, detection along with analysis and decisions on credit and counterparty risks associated to HFs and RFs. Escalation of risk topics and issues as appropriate
- Participation to the permanent risks controls and framework, contribution to projects notably related to the improvements of reporting/monitoring tools, methodologies, regulatory and policies.:
**Purpose**: Managing the credit decision process and monitoring the counterparty and credit risk on the Hedge Funds and levered funds clients. Risk management and oversight control over the relevant activities and associated risks.

**Scope**: EMEA

**THE RESPONSIBILITIES**:
**Credit process**
- Exercise credit delegation in accordance with the delegation scheme and credit process rules and co-chair Credit Committees together with the Coverage or Business Lines representatives
- Responsible for Credit Committee Minutes’ contents and sign off as RISK delegation holder
- Authorized to approve policy exceptions as defined in procedures such as collateral, legal credit terms
- Participate in or request Due Diligences
- Provide support, guidance and decision, as RISK SPoC and expert, to other RISK teams, ICAT and other businesses (with relevant exposures e.g. BP2S, WM ) relating to HFs and RFs topics (e.g. specific portfolio reviews, complex transactions )
- Guarantee the quality and timeliness of synthetic credit risk analysis and recommendation (Annual review, ad hoc, credit notes, and comparative analysis) provided by the credit risk analysts on files that fall within his/her level of delegation.

**Interact with the Coverage of Financial Institutions and Business Lines**
- Assess, with the support of the credit risk analysts, the credit proposal in the light of FIC commercial strategy, coverage memo, and of any material information (transaction or risks) provided by the RM Pilot or the Binome.
- Contribute together with Coverage and ICAT to the identification of the credit points that need to be discussed with the client (during Due Diligence for example).
- Discuss the requests of Credit limits with the Business Lines together with Credit Analyst.
- Work with Coverage of Financial Institutions and Business Lines to mitigate risk related to the counterparties.

**Be responsible for (incl. governance/regulatory responsibilities)**
- Actin



  • London, United Kingdom Selby Jennings Full time

    A global Hedge Fund is seeking a Credit Fundamental Research Analyst with a large cross regional coverage across Investment Grade and High Yield Credit. 2-5 years of relevant industry experience at a bank, asset manager or hedge fund. · Understanding of main credit instruments (Bonds, CDS, Index, Loans) · Ability to be nimble and react quickly to news...


  • London, United Kingdom BNP Paribas Full time

    HEDGE FUNDS CREDIT OFFICER (JOB NUMBER: 25538) **BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, International Financial Services (whose retail-banking...

  • Operations Analyst

    6 days ago


    London, United Kingdom OCR Alpha Full time

    Operations Analyst with established Multi-Strategy Hedge Fund We are looking to speak with bright, analytical Middle Office professionals regarding an opportunity at one London’s top systematic hedge funds. Given that science is at the heart of what they do, this is a fantastic opportunity for someone to develop their career in a finance function within...


  • London, United Kingdom Martis Search Full time

    The RoleYou can get further details about the nature of this opening, and what is expected from applicants, by reading the below.Senior Hedge Fund Trade Support – Credit strategy (Boutique Hedge Fund: 3-5-years’ experience/ will also look a hands-on Hedge Fund Operations Manager/ Supervisor)Martis Search are representing a boutique, Mayfair based Hedge...


  • London, United Kingdom Martis Search Full time

    Job DescriptionThe RoleSenior Hedge Fund Trade Support – Credit strategy (Boutique Hedge Fund: 3-5-years’ experience/ will also look a hands-on Hedge Fund Operations Manager/ Supervisor)Martis Search are representing a boutique, Mayfair based Hedge Fund to hire a “Senior Hedge Fund Trade Support – Credit strategy.”Our client is small global Credit...


  • London, United Kingdom Martis Search Full time

    The RoleSenior Hedge Fund Trade Support – Credit strategy (Boutique Hedge Fund: 3-5-years’ experience/ will also look a hands-on Hedge Fund Operations Manager/ Supervisor)Martis Search are representing a boutique, Mayfair based Hedge Fund to hire a “Senior Hedge Fund Trade Support – Credit strategy.”Our client is small global Credit strategy Hedge...


  • London, United Kingdom Jefferies Full time

    VP role within Global Counterparty Credit Risk management will be responsible for supporting the team’s counterparty primary credit coverage of hedge funds, family offices, and asset managers with secondary responsibilities supporting coverage of Banks and Broker Dealers. The role will be instrumental in assisting with ongoing management and growth of...

  • EM Credit PM

    2 weeks ago


    London, United Kingdom Selby Jennings Full time

    We are actively working with a leading hedge fund that are looking to expand there credit exposure. They are looking for a portfolio manager / senior trader who has experience trading EM credit. Must have experience trading emerging markets credit ideally focusing on high yield.

  • EM Credit PM

    4 weeks ago


    London, United Kingdom Selby Jennings Full time

    We are actively working with a leading hedge fund that are looking to expand there credit exposure. They are looking for a portfolio manager / senior trader who has experience trading EM credit. Must have experience trading emerging markets credit ideally focusing on high yield.


  • London Area, United Kingdom Martis Search Full time

    The RoleSenior Hedge Fund Trade Support – Credit strategy (Boutique Hedge Fund: 3-5-years’ experience/ will also look a hands-on Hedge Fund Operations Manager/ Supervisor)Martis Search are representing a boutique, Mayfair based Hedge Fund to hire a “Senior Hedge Fund Trade Support – Credit strategy.”Our client is small global Credit strategy Hedge...


  • London Area, United Kingdom Martis Search Full time

    The RoleSenior Hedge Fund Trade Support – Credit strategy (Boutique Hedge Fund: 3-5-years’ experience/ will also look a hands-on Hedge Fund Operations Manager/ Supervisor)Martis Search are representing a boutique, Mayfair based Hedge Fund to hire a “Senior Hedge Fund Trade Support – Credit strategy.”Our client is small global Credit strategy Hedge...


  • London Area, United Kingdom Martis Search Full time

    The RoleSenior Hedge Fund Trade Support – Credit strategy (Boutique Hedge Fund: 3-5-years’ experience/ will also look a hands-on Hedge Fund Operations Manager/ Supervisor)Martis Search are representing a boutique, Mayfair based Hedge Fund to hire a “Senior Hedge Fund Trade Support – Credit strategy.”Our client is small global Credit strategy Hedge...


  • London Area, United Kingdom Martis Search Full time

    The Role Senior Hedge Fund Trade Support – Credit strategy (Boutique Hedge Fund: 3-5-years’ experience/ will also look a hands-on Hedge Fund Operations Manager/ Supervisor) Martis Search are representing a boutique, Mayfair based Hedge Fund to hire a “Senior Hedge Fund Trade Support – Credit strategy.” Our client is small global Credit strategy...


  • London, United Kingdom Michael Page (UK) Full time

    Market-leading credit hedge fund Aid in the investment process and idea generation Assess risk/reward calculations at the position level and consider the impact of macro risk factors Collaborate with other team members and produce reports, devise investment strategies, and deliver presentations to stakeholders Substantial experience in leverage...


  • London, United Kingdom Jefferies Full time

    VP role within Global Counterparty Credit Risk management will be responsible for supporting the team's counterparty primary credit coverage of hedge funds, family offices, and asset managers with secondary responsibilities supporting coverage of Banks and Broker Dealers. The role will be instrumental in assisting with ongoing management and growth of the...

  • EM Credit PM

    2 weeks ago


    London, United Kingdom Selby Jennings Full time

    We are actively working with a leading hedge fund that are looking to expand there credit exposure. They are looking for a portfolio manager / senior trader who has experience trading EM credit. Requirements: Must have experience trading emerging markets credit ideally focusing on high yield. Preference for Latam, APAC and or CEEMEA. Must have a Dollar...

  • EM Credit PM

    4 weeks ago


    London, United Kingdom Selby Jennings Full time

    We are actively working with a leading hedge fund that are looking to expand there credit exposure. They are looking for a portfolio manager / senior trader who has experience trading EM credit. Requirements: Must have experience trading emerging markets credit ideally focusing on high yield. Preference for Latam, APAC and or CEEMEA. Must have a Dollar...

  • EM Credit PM

    3 weeks ago


    Greater London, United Kingdom Selby Jennings Full time

    We are actively working with a leading hedge fund that are looking to expand there credit exposure. They are looking for a portfolio manager / senior trader who has experience trading EM credit.Requirements:Must have experience trading emerging markets credit ideally focusing on high yield.Preference for Latam, APAC and or CEEMEA.Must have a Dollar Pnl of at...

  • EM Credit PM

    3 weeks ago


    Greater London, United Kingdom Selby Jennings Full time

    We are actively working with a leading hedge fund that are looking to expand there credit exposure. They are looking for a portfolio manager / senior trader who has experience trading EM credit.Requirements:Must have experience trading emerging markets credit ideally focusing on high yield.Preference for Latam, APAC and or CEEMEA.Must have a Dollar Pnl of at...

  • EM Credit PM

    4 weeks ago


    Greater London, United Kingdom Selby Jennings Full time

    We are actively working with a leading hedge fund that are looking to expand there credit exposure. They are looking for a portfolio manager / senior trader who has experience trading EM credit.Requirements:Must have experience trading emerging markets credit ideally focusing on high yield.Preference for Latam, APAC and or CEEMEA.Must have a Dollar Pnl of at...