Product Specialist-Counterparty Credit Portfolio Management-Funds

Responsibilities

• Assist with preparing critical risk overviews with accuracy and timeliness to support a strong risk monitoring environment
• Develop a strong understanding of Hedge Fund and Regulated Fund credit underwriting and monitoring process, as well as the stress testing framework and methodologies employed to the trading portfolio; identify and help implement opportunities to enhance efficiency
• Enable proactive risk management by evaluating credit risk, market risk/sensitivities, and stresses; partner with the broader team to produce recurring portfolio level and counterparty based combined credit and market risk reporting
• Collaborate closely with Credit Officers and other stakeholders to refine, adapt, or create specialized reporting/monitoring, data analysis, and data solutions in a fast paced, evolving environment
• Leverage AI solutions available bank-wide to drive efficiencies and reduce operational risks, ultimately resulting in time savings
• Support data integrity efforts by identifying, escalating, and driving resolution of data issues, coordinating with various partner groups to ensure timely remediation
• Uphold a strong control environment by designing and executing control checks, and developing and maintaining comprehensive process documentation
• Produce ad hoc reporting and presentations to meet emerging business needs and respond to shifts in the risk environment; contribute materials prepared for regulatory examinations and senior management requests

Requirements

• 3+ years of experience in counterparty credit risk, market risk, or credit portfolio management; at least 1 year experience with traded products portfolios (Hedge Funds, Regulated Funds), with an understanding of potential future exposure, stressed exposures, margin, and trading sensitivities, as well as trading agreements (ISDA, GMRA/MRA, FIA, PB)
• Understanding of traded products and businesses, including an understanding of Prime Brokerage
• Ability to understand and synthesize complex data sets
• Proficiency with SQL, Word, Excel, and PowerPoint, along with ability to quickly learn new programs and applications. Proficiency in VBA, Tableau, Alteryx, and Python is a plus.
• Personal drive and a sense of urgency and responsiveness with a willingness to grow, learn, and take on increasing levels of responsibility
• Desire to improve and streamline processes, and to troubleshoot independently

Skills

• Data Collection and Entry
• Data and Trend Analysis
• Price Verification and Valuation
• Research Analysis
• Analytical Thinking
• Collateral Management
• Issue Management
• Policies, Procedures, and Guidelines Management
• Negotiation
• Research
• Risk Management
• Valuation Ethics and Practice Standards
• Vendor Management

Qualifications

High School Diploma / GED / Secondary School or equivalent

Shift

1st shift (United States of America)

Hours Per Week

40