Funds Credit Risk Management Executive

3 weeks ago


London, Greater London, United Kingdom Bruin Full time

At Bruin, we are seeking a seasoned credit risk professional to lead our team in Funds Credit Risk. This is an exceptional opportunity for a highly skilled and experienced individual to leverage their expertise in credit risk analysis and management.

Job Description:

  • We are looking for an individual with extensive experience in the financial sector, specifically in a hedge fund-focused role within a risk management department.
  • Competence in analysing traded products' portfolios, including OTC derivatives; Securities Lending/Borrowing and Repo transactions, is essential.
  • The ideal candidate will have experience in opining legal documentation (ISDA/CSA/IM/GMRA/GMSLA/CDEA) from a credit perspective.
  • Familiarity with key regulatory frameworks and relevant banking regulation that impact credit risk management is required.

Key Responsibilities:

  • Assess and recommend appropriate rating and credit limits for Hedge Funds/regulated funds counterparties.
  • Maintenance of EMEA portfolio across
  • Run periodic and at least annual counterparty due diligent calls with Hedge Fund clients.
  • Collaborate with the Risk Analytics Group to ensure credit risk can be modelled and measured correctly.
  • Provide creative solutions: Influencing transaction structures and credit risk related terms/conditions when required.
  • Present transactions to senior management (including the CRO for discussion and approval. Analyse and present complex structures and make recommendations to senior Risk management staff, in a concise and clear manner.
  • Transactional and other trading documentation: Set credit risk related terms in trading documentation to mitigate credit risk and ensure transactions perform as expected. This will involve close liaison with our Legal department, and clients or their lawyers, as appropriate.
  • Monitor that transactions of the delegated responsibility perform within the terms of the credit approval. Assess portfolio level risks. This includes enhanced monitoring framework in place for Hedge Funds.

Skills/Experience Required:

  • Strong analytical skills on how to assess Hedge Funds and regulated funds credit profiles.
  • Strong knowledge of traded products (derivatives, securities financing) and credit/market risk principles.
  • Understanding of how to assign probability of default credit ratings and LGD's.
  • Working knowledge of legal documentation and key credit clauses.

Salary: £120,000 - £180,000 per annum, depending on experience.



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