Associate - Credit Risk - Hedge Fund & Private Equity Fund - Investment Banking

Associate - Credit Risk - Hedge Fund & Private Equity Fund - Investment Banking

Credit Officer's responsibility for a portfolio of Counterparties within the EMEA/AEJ Fund, primarily includes coverage for Hedge Funds (HF) and Private Equity Fund (PE)

Daily responsibilities include :

- Undertake Due Diligence (DD) calls with clients. Collect credit information necessary for conducting detailed credit analysis.

- Conduct in-depth credit research and credit analysis and write high quality Credit Memos, to assign internal credit rating, appetite and margin tiers for clients.

- Prescribe credit terms and covenants for legal documents.

- Analyze and support trade approvals by liaising with the Financing Risk team and obtain Independent Amount (IA) or Initial Margin numbers for such trades.

- Investigate credit limit breaches by speaking to Sales, Operations and Credit Risk Analytics team, determine the cause and escalate as per Credit Policies.

- Design automated reports and implement process workflows for the Hedge Funds team to assist in the monitoring of this specialized portfolio, including highlighting hedge fund clients with elevated levels of risks based on client information (risk/ performance), market indicators, early warning indicators and credit exposure.

- Build data processes and implement models in Python/ Alteryx to minimize manual effort and enable analysts to effectively and efficiently manage their portfolios.

- Monitor the portfolio by reviewing and updating NAV and Performance data for Hedge Funds on a monthly basis. Follow up with HF Managers and flag any clients with deteriorating NAV/Performance metrics

- Contribute to the firm's Risk Change agenda and participate in regulatory and audit assessments.

- In addition to HF and PE also support Investment Advisors, Mutual Funds, and Pension Funds reviews as may be needed.

- Participating in global projects and initiatives for example: the development of scorecards, preparing Credit updates

Mandatory requirements :

- Professional degree holders such as CAs (Rank holder or 1st Attempt pass), MBAs from reputed institutes or CFA. Other post graduate degrees will be acceptable, if accompanied by relevant CRM experience

- At least 4 years' prior experience in CRM or Rating assignments, working in any sector. Prior experience in the Hedge Fund Analysis will be an added advantage

- Excellent verbal and written communication skills, especially report writing skills and the ability to independently lead global calls

- Strong analytical ability, with an eye for detail and the ability to identify emerging risks

- The ability to be a 'self-starter', have proactive approach to resolving issues and the willingness to learn

- Proficiency in Microsoft Word, Excel and PowerPoint is a must, any additional technical knowledge will be an added advantage

Desired Requirements :

- Prior experience in managing a Hedge Funds portfolio

- Experience in appetite setting, limit setting and monitoring, setting legal documentation terms

- Strong coding skills in Python, SQL, VBA, Alteryx, Power BI

- Good understanding of products traded by Investment Banks, legal agreements etc.