AVP, Credit Risk Analyst

Responsibilities

• Perform independent credit analysis of hedge fund counterparties.
• Review and challenge Front Office credit proposals, underwriting assumptions, and risk ratings.
• Evaluate collateral terms, margining structures, haircuts, and legal enforceability of credit agreements.
• Analyze stress scenarios and monitor approved exposures for credit deterioration.
• Conduct periodic credit reviews and trigger-based assessments in response to market or counterparty events.
• Identify emerging risks and escalate concerns as per internal protocols.
• Support portfolio-level analysis, including counterparty concentrations, strategy correlations, and sector exposures.
• Assist in portfolio stress testing and scenario analysis exercises.
• Prepare risk dashboards and materials for senior management and risk committees.
• Ensure credit assessments align with internal policies, risk standards, and regulatory expectations.

Qualifications

• 5-8 years of experience in bank credit risk management, counterparty credit risk, hedge fund risk oversight, or leveraged finance.
• Strong understanding of hedge fund structures, trading strategies, and financing arrangements.
• Solid foundation in credit risk principles, exposure measurement, and stress testing.
• Advanced analytical and financial skills, with the ability to assess complex balance sheets.
• Excellent written communication skills, with experience in producing formal risk memoranda.
• Experience covering prime brokerage or hedge fund counterparties is preferred.
• Familiarity with derivatives, Repo, Prime Brokerage, Stock Loan, Stock Borrow, and Futures is an asset.
• Exposure to regulatory interactions and knowledge of SEC 15c3-5 Rules is advantageous.
• MBA, CFA, or a relevant professional qualification is preferred.
• Strong independent judgment, attention to detail, and the ability to manage senior stakeholders.