Risk Management Specialist
3 weeks ago
The role of Senior Credit Officer at Deutsche Bank involves managing the bank's counterparty credit risk to US hedge fund and private equity clients. As a key member of the Global Head of Credit Risk Management team, you will be responsible for approving transactions, reviewing and monitoring counterparties, and maintaining a deep understanding of investment strategies and their associated risks.
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.
Requirements:
- Degree-level education or equivalent, with extensive industry experience in managing hedge fund credit risk.
- Knowledge of alternative funds sector, including an understanding of a broad range of investment strategies and their associated risks.
- Product knowledge covering all major derivative instruments and Prime Brokerage products/services, with a full understanding of their respective risk characteristics.
The estimated salary range for this position is $125,000 to $203,000 per annum, based on location and qualifications. In addition to competitive compensation, Deutsche Bank offers a comprehensive benefits package, including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits.
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