Funds Credit Risk VP

3 weeks ago


London, UK, United Kingdom Bruin Full time

Leading Global CIB seeking a Credit Risk VP to join their 2LOD FIG team, focused on regulated funds and hedge funds.


Key Responsibilities

  • Assessment and recommendation of appropriate rating and credit limits for Hedge Funds/ regulated funds counterparties. Oversee the annual review of existing limits and counterparties.
  • Maintenance of EMEA portfolio across the bank and securities within areas of responsibility.
  • 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. This includes assessment of HC and IA requirements where counterparty credit quality is considered.
  • Provide creative solutions: Influencing transaction structures and credit risk related terms/conditions when required.
  • Present transactions to senior management (including CRO) for discussion and approval.
  • Analyse and present complex structures and make recommendations to senior Risk management staff, in a concise and clear manner.
  • 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

  • 6+ years Extensive and solid financial sector experience in a hedge fund focused role in a risk management department. Additional experience in EMEA regulated funds (pension funds, investment funds) is preferred
  • Competence in analysing traded products’ portfolios, including OTC derivatives; Securities Lending/Borrowing and Repo transactions.
  • Experience with 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.


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