Senior Credit Risk Officer – Hedge Funds & Private Equity - SVP

Location: New York

Job d:

Location:

New York, New York, United States Salary: $ - $Category:
Risk Management, Professional Company:
Citi

Job Description Institutional Credit Management (ICM) is a core First Line of Defense function responsible for wholesale and counter party credit risk management across Citi’s Markets and institutional businesses. ICM partners closely with Front Office and Independent Risk to deliver disciplined underwriting, robust portfolio oversight, and consistent global risk standards while supporting sustainable client growth.

We are seeking a Senior Vice President, Hedge Funds & Private Equity Credit Portfolio Manager to join the global underwriting team focused on Alternative Asset Managers, including Hedge Funds, Private Equity firms, and related investment structures (e.g., BDCs). The role spans a broad range of products including Prime Brokerage, Futures & Clearing, OTC derivatives, repo, and structured financing.

This is a senior, judgment‑driven SVP role with material portfolio responsibility, global exposure, and frequent engagement with senior Markets, Risk, and client stakeholders, based in New York, Citi’s global hub for Alternatives and counter party credit risk.

Role Overview The (SVP) is responsible for underwriting, monitoring, and managing counter party credit exposure across a complex Alternatives portfolio. The role requires deep technical expertise in hedge fund business models, capital markets products, and risk mitigation techniques, alongside the ability to make sound decisions in dynamic market environments

Key Responsibilities Credit Underwriting & Risk Judgment Assess transaction‑level and portfolio‑level risk across a wide range of hedge fund strategies and financing structures

Lead or review underwriting for complex exposures, ensuring alignment with risk appetite and policy

Apply rigorous risk analysis across Prime Brokerage, repo, derivatives, fund financing, and structured lending​Portfolio Management & Monitoring Own ongoing monitoring of a hedge fund and alternatives counter party portfolio

Identify emerging risks, liquidity pressures, and concentration issues; escalate proactively

Evaluate stress scenarios, market dislocations, and idiosyncratic counter party events

Stakeholder & Client Partnership Act as a senior risk partner to Front Office, product teams, and Independent Risk (2

LoD)
Participate in key client discussions related to risk framework, limits, and exposure

Provide balanced, well‑reasoned views on risk/return trade‑offs to support business objectives

Governance & Best Practices Contribute to global underwriting consistency and portfolio governance standards

Support senior risk committees, portfolio reviews, and regulatory interactions

Apply a strong controls mindset and ensure adherence to internal policies and regulatory expectations

Experience & Qualifications8+ years of experience in counter party credit, credit risk management, structuring, or underwriting within a major financial institution

Deep expertise covering Hedge Funds and Private Equity and alternative investment counter parties

Strong understanding of capital markets products, including Prime Brokerage, derivatives, repo, and structured financing

Proven ability to exercise independent credit judgment under time pressure

Bachelor’s degree in Finance, Accounting, Economics, or a related field (or equivalent experience)
Experience covering Private Equity, BDCs, or other alternative investment vehicles

Exposure to subscription finance or fund‑level lending structures

Advanced degree (MBA) or professional certification (CFA, CPA) a plus, but not required

Formal credit training advantageous------------------------------------------------------Job Family Group:
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