Credit Risk Manager

3 days ago


New York, New York, United States Deutsche Bank Full time

The Deutsche Bank is seeking a skilled Credit Risk Manager to join their team in New York. This role will involve managing counterparty credit risk to US hedge fund and private equity clients.

Key Responsibilities
  • Undertake initial credit due diligence for new clients by way of meetings with relevant personnel at the fund manager to fully understand the investment process and strategy, risk management approach and products traded.
  • Review and approve transaction requests for private equity funds, which typically include Foreign Exchange (FX) hedging and deal contingent trades.
  • Play a key role in the legal documentation process to ensure that appropriate credit covenants are included in legal agreements to allow Deutsche Bank to take action to close out portfolios and terminate trades in the event of a default or any credit deterioration.
  • Ongoing dialogue and due diligence with clients and preparation of annual credit reviews, written reports which outline areas including the background of the fund management company, investment strategy of underlying funds, risk and liquidity management, and performance.
Requirements
  • Degree level education or equivalent, with extensive industry experience in managing hedge fund credit risk.
  • Knowledge of alternative funds sector which should include an understanding of a broad range of investment strategies and their associated risks.
  • Product knowledge should cover all major derivative instruments and Prime Brokerage products/services with a full understanding of their respective risk characteristics.
What We Offer

A competitive salary of $125,000 to $203,000, as well as benefits such as a diverse and inclusive environment, hybrid working model, employee resource groups, and educational resources.


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