Back to jobsWe are seeking an experienced professional to join our Credit Risk Management team as an AVP, Credit Risk Analyst. In this role, you will play a crucial part in assessing, monitoring, and governing credit risk, ensuring compliance with internal policies and regulatory standards. Your expertise will be instrumental in maintaining the bank's risk appetite and providing objective oversight across various products and strategies.
Job Description
- 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.
- 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.