Senior Vice President, Credit Risk

About the role

We’re seeking a future team member for the role of SVP Counterparty Credit Risk Manager –Alternative Asset Managers and Regulated Funds to join our Credit Risk team. This role is located in New York City, New York.

Responsibilities

• Manage counterparty credit risk across a portfolio of traditional and alternative asset management clients.
• Responsible for 2LoD credit underwriting processes and ongoing portfolio management.
• Assess and recommend counterparty risk appetite and limits, including fund financing lines and subscription/capital call facilities.
• Review, approve, and monitor exposures arising from capital markets and lending products (e.g. repo, securities financing, foreign exchange, prime brokerage, subscription/capital call facilities, and fund financing arrangements).
• Participate and lead periodic portfolio reviews, including stress analysis and scenario-based assessment of market, liquidity, and concentration risks.
• Identify emerging risks, deteriorating trends, and exceptions to risk appetite; escalate issues clearly and promptly.
• Partner with front office, legal, documentation, and other risk stakeholders on transaction review, client onboarding, and legal negotiation.
• Drive consistency in underwriting standards and monitoring processes.
• Recommend and lead initiatives that improve processes and increase the firm’s ability to accurately and quickly identify emerging risk issues.

Requirements

• Bachelor’s degree in finance, economics, accounting, or another relevant discipline is required.
• MBA, CFA, or Series 7/63 preferred.
• 7+ years of relevant experience e.g. in related counterparty credit risk roles or comparable buy-side roles.
• Experience underwriting or managing credit exposure to hedge funds, alternative investment managers, regulated funds, or similar institutional counterparties.
• Strong understanding of underlying mechanics and risks associated with various capital markets products and lending practices.
• Makes clear, well-founded decisions under pressure, and in line with the firm’s risk appetite.
• Excellent written and verbal communication skills and the ability to engage constructively with senior stakeholders across business and risk functions.
• Experience with legal and credit documentation such as ISDA, CSA, GMRA, prime brokerage agreements, and lending covenants.
• Familiarity with stress testing, exposure measurement, and market risk concepts relevant to counterparty credit risk.
• Strong data analytics and AI prompting skills; Excel, Tableau and PowerPoint skills preferred.