Senior Credit Risk Manager
3 weeks ago
Job Summary:
We are seeking a highly skilled Senior Credit Officer to join our team at Deutsche Bank. As a Senior Credit Officer, you will be responsible for managing Deutsche Bank's counterparty credit risk to US hedge fund and private equity clients. You will have your own dedicated funds portfolio, spanning a broad range of investment strategies, and will be responsible for approving transactions, as well as reviewing and monitoring the counterparties on an ongoing basis.
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.
* Manage the risk and exposures within their portfolio on an ongoing basis, using the various credit risk management and product monitoring systems within Deutsche Bank.
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 their respective risk characteristics.
* Understanding of master trading documentation, particularly International Swaps and Derivatives Association (ISDA), Global Master Repo Agreements (GMRA), Futures and Options (F&O) and Prime Brokerage.
* Deep knowledge of financial markets and hedge fund industry, with strong familiarity of key market participants and proven track record of managing a funds portfolio through period of market volatility.
What We Offer:
* A diverse and inclusive environment that embraces change, innovation, and collaboration.
* A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days.
* Employee Resource Groups support an inclusive workplace for everyone and promote community engagement.
* Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits.
* Educational resources, matching gift and volunteer programs.
How to Apply:
If you are a motivated and experienced professional looking for a challenging role, please submit your application.
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