At a Glance
- Tasks: Oversee credit risk for hedge funds and assess ongoing financial health.
- Company: Large bank in Midtown with a strong reputation.
- Benefits: Competitive salary ranging from $150,000 to $200,000.
- Other info: Collaborative environment with opportunities for professional growth.
- Why this job: Join a dynamic team and influence key financial decisions.
- Qualifications: 8-12+ years in credit risk with strong analytical skills.
The predicted salary is between 150000 - 200000 £ per year.
About Our Client
Large bank based in Midtown.
Job Description
- Hedge Fund Credit Risk Oversight
- Perform credit analysis and ongoing risk assessment of hedge fund counterparties across prime brokerage products.
- Evaluate fund structures, strategies, leverage, liquidity profiles and risk concentrations.
- Approve and monitor credit limits, margin requirements and financing terms in line with risk appetite.
- Review fund performance, NAV movements, drawdowns and stress scenarios to identify emerging risks.
- Prime Brokerage & Financing Exposure
- Oversee credit risk related to margin lending, securities financing, derivatives and synthetic prime brokerage.
- Monitor counterparty exposures, collateral coverage and margin sufficiency under normal and stressed conditions.
- Partner with front office to support new client onboarding, product expansion and structuring discussions.
- Assess impact of market volatility on hedge fund portfolios and financing arrangements.
- Risk Monitoring & Governance
- Conduct ongoing portfolio surveillance, including limit utilisation, concentration risk and wrong-way risk.
- Escalate credit concerns and recommend risk mitigation actions, including margin calls or exposure reductions.
- Prepare credit memos, risk assessments and materials for senior risk committees.
- Ensure adherence to internal risk frameworks, policies and regulatory expectations.
- Stakeholder Management
- Act as a key risk partner to Prime Brokerage, Sales, Trading, Operations and Legal teams.
- Provide clear, actionable risk guidance while supporting commercial objectives.
- Contribute to process enhancements, risk analytics improvements and control initiatives.
The Successful Applicant
- Bachelor's degree in Finance, Economics, Mathematics or a related discipline.
- Typically 8-12+ years of experience in credit risk, counterparty risk or prime brokerage risk.
- Strong understanding of hedge fund strategies, leverage, derivatives and securities financing.
- Proven experience assessing margining, collateral and exposure management.
- Excellent analytical, judgement and problem-solving skills.
- Strong communication skills with the ability to challenge constructively and influence senior stakeholders.
- Experience working in fast-paced, market-driven environments.
What's on Offer
$150,000 - $200,000 base salary.
VP, Hedge Fund Credit Officer employer: Page Executive
As a leading large bank located in the vibrant Midtown area, we pride ourselves on fostering a dynamic work culture that encourages innovation and collaboration. Our employees benefit from competitive salaries, comprehensive professional development opportunities, and a supportive environment that values diverse perspectives, making it an ideal place for those looking to advance their careers in finance and risk management.
StudySmarter Expert Advice🤫
We think this is how you could land VP, Hedge Fund Credit Officer
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to folks on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Ace the Informational Interview
Set up informal chats with professionals in hedge fund credit risk. Ask them about their experiences and insights. This not only helps you learn but also puts you on their radar. We love seeing candidates who take the initiative!
✨Showcase Your Skills
Prepare to discuss your analytical skills and experience with credit risk in detail. Use real-life examples to demonstrate how you've tackled challenges in the past. We want to see your problem-solving prowess shine through!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always on the lookout for passionate candidates who are ready to make an impact in the world of hedge funds.
We think you need these skills to ace VP, Hedge Fund Credit Officer
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of VP, Hedge Fund Credit Officer. Highlight your experience in credit risk and hedge fund strategies, and don’t forget to showcase those analytical skills that we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention specific experiences that relate to hedge fund credit risk oversight and how you can contribute to our team.
Showcase Your Communication Skills:Since strong communication is key for this role, make sure to demonstrate your ability to convey complex ideas clearly in your application. Use examples from your past where you’ve influenced stakeholders or provided actionable guidance.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Page Executive
✨Know Your Numbers
Make sure you brush up on key financial metrics and credit risk indicators relevant to hedge funds. Be prepared to discuss how you would evaluate fund structures, leverage, and liquidity profiles. This shows you understand the technical side of the role.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical prowess. Discuss past experiences where you assessed margining or collateral management, and how your insights led to effective risk mitigation. This will demonstrate your problem-solving abilities.
✨Understand the Market Landscape
Stay updated on current market trends and how they impact hedge fund portfolios. Be ready to discuss recent market volatility and its implications on financing arrangements. This shows you’re not just knowledgeable but also engaged with the industry.
✨Communicate Effectively
Practice articulating complex ideas clearly and concisely. You’ll need to influence senior stakeholders, so prepare to explain your thought process behind credit assessments and risk recommendations. Strong communication can set you apart from other candidates.
