Senior Credit Portfolio Manager
3 weeks ago
The Senior Credit Portfolio Manager is a key member of the Global Head of Credit Risk Management team at Deutsche Bank. The successful candidate will be responsible for managing the bank's counterparty credit risk to US hedge fund and private equity clients, with a focus on approval and review of transactions, as well as ongoing dialogue and due diligence with 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.
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.
- Strong analytical and problem-solving skills, with the ability to calculate and quantify transaction risk.
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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