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Institutional Credit Management (ICM) works closely with our front line businesses to serve as a critical component of our First Line of defense for wholesale and counterparty credit risk management and also with our Independent Risk partners to ensure best-in-class risk and controls, as well as client responsiveness. Key responsibilities include portfolio analysis, documentation, risk identification, management, monitoring, administration, and stress testing. The Credit Portfolio Manager will be part of the global underwriting function primarily focused on Alternatives (Hedge Fund and Private Equity), spanning various products including Prime Brokerage, Futures and Clearing, OTC products.
Job Responsibility:
Evaluating transactions risk across the business covering full range of products
Involvement in underwriting and supporting a portfolio of complex products
Strong knowledge of Prime Brokerage, Repo, Derivatives and structured lending
Facilitate relationships with key clients, internal stakeholders and 2LoD Risk
Requirements:
Financial Services experience including 8+ years of credit experience in Banking, Trading, Structuring or Credit Risk Management
Underwriting experience spanning various products (e.g. subscription call facilities, Fund Financing, FX, Derivatives, Prime Brokerage, and structured lending)
Experience with other alternative managers like Hedge Funds
Degree in Finance or Accounting or higher degree in Business (MBA), or any other related subject
An MBA, CPA, CFA preferred, and formal credit training is a plus
Ability to understand capital markets products and complex financing and product structure
Risk/risk-related counterparty credit work experience in banking/financial institutions with expertise in the alternative investment counterparties
Demonstrates strong ethics and integrity
Dynamic, flexible, and with strong communication skills
Can make decisions under pressure and short timeline
Excellent verbal & written communication skills. Active listening skills
Excellent presentation skills – adept at presenting effectively to audiences of various sizes and various constituencies
Proven ability to understand nuances of local markets, local regulation, and the capabilities and practices of competitors
Provides well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationships
Proven track record of partnering with global peers in leveraging and implementation of best practices
Nice to have:
An MBA, CPA, CFA preferred, and formal credit training is a plus
What we offer:
medical, dental & vision coverage
401(k)
life, accident, and disability insurance
wellness programs
paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays
discretionary and formulaic incentive and retention awards