Senior Credit Risk Officer

Job Description:

Job Title Senior Credit Risk Officer Location London Corporate Title Vice President The role entails providing expert credit analysis and comprehensive risk management oversight for hedge fund clients.

• Key responsibilities include conducting detailed counter party due diligence, assessing investment strategies and risk management frameworks, determining risk appetite, and establishing appropriate credit, financing, and derivatives limits.
• The role involves assigning and approving internal credit ratings, reviewing trading and financing transactions, and assessing the adequacy of collateral and legal protections.
• The Credit Officer will be responsible for managing a portfolio of hedge fund counter parties across a broad range of investment strategies and products, including derivatives, financing transactions, and securities financing activities.
• Undertake initial credit due diligence for new hedge fund relationships, conducting meetings with portfolio managers, chief investment officers, chief risk officers, chief operating officers, chief financial officers, and investor relations personnel to assess investment strategy, risk management frameworks, operational infrastructure, valuation controls, liquidity management practices, and investor composition.
• Perform comprehensive credit assessments of hedge funds and fund management groups, analysing investment performance, portfolio composition, leverage utilisation, liquidity characteristics, valuation methodologies, financing arrangements, and operational risk controls.
• Determine and approve appropriate credit, financing and derivatives limits based on an assessment of counter party risk, portfolio characteristics, risk appetite, and transaction structure.
• Review and approve a broad range of client transactions, including OTC derivatives, foreign exchange products, securities financing transactions, repo, prime brokerage, and other capital markets activities, ensuring exposures remain within approved risk parameters.
• You will also exercise delegated credit authority and represent Credit Risk Management in credit committees, transaction approval discussions, and governance forums, providing independent challenge and risk recommendations to senior stakeholders.
• Play a leading role in the review and negotiation of ISDA Master Agreements, Credit Support Annexes, Global Master Repurchase Agreements, Prime Brokerage Agreements, and other trading documentation to ensure appropriate risk mitigation, collateral protection, and close-out rights.
• In addition, you will prepare annual credit reviews and periodic risk assessments covering performance trends, portfolio exposures, leverage, liquidity, investor concentration, organisational changes, and broader market developments impacting counter parties.
• Continuously monitor portfolio risk using internal risk systems and external data sources, reviewing utilisation, collateral positions, margin disputes, stress testing results, and emerging risk indicators.

• Experience in credit risk, counter party risk, market risk, hedge fund due diligence, prime brokerage risk, or related discipline.
• Strong knowledge of hedge fund structures, operating models, and investment strategies, including long/short equity, multi-strategy, event-driven, relative value, macro, quantitative/systematic and credit-oriented approaches.
• Experience performing fundamental credit analysis and risk assessments of investment funds, asset managers, or other financial institutions.
• In addition to having an understanding hedge fund leverage methodologies, liquidity management frameworks, portfolio construction techniques, and risk measurement tools.
• Product knowledge covering derivatives,…