VP, Hedge Fund Credit Officer

About Our Client

Large bank based in Midtown.

Job Description

Hedge Fund Credit Risk Oversight

• Perform credit analysis and ongoing risk assessment of hedge fund counterparties across prime brokerage products.
• Evaluate fund structures, strategies, leverage, liquidity profiles and risk concentrations.
• Approve and monitor credit limits, margin requirements and financing terms in line with risk appetite.
• Review fund performance, NAV movements, drawdowns and stress scenarios to identify emerging risks.

Prime Brokerage & Financing Exposure

• Oversee credit risk related to margin lending, securities financing, derivatives and synthetic prime brokerage.
• Monitor counterparty exposures, collateral coverage and margin sufficiency under normal and stressed conditions.
• Partner with front office to support new client onboarding, product expansion and structuring discussions.
• Assess impact of market volatility on hedge fund portfolios and financing arrangements.

Risk Monitoring & Governance

• Conduct ongoing portfolio surveillance, including limit utilisation, concentration risk and wrong‑way risk.
• Escalate credit concerns and recommend risk mitigation actions, including margin calls or exposure reductions.
• Prepare credit memos, risk assessments and materials for senior risk committees.
• Ensure adherence to internal risk frameworks, policies and regulatory expectations.

Stakeholder Management

• Act as a key risk partner to Prime Brokerage, Sales, Trading, Operations and Legal teams.
• Provide clear, actionable risk guidance while supporting commercial objectives.
• Contribute to process enhancements, risk analytics improvements and control initiatives.

The Successful Applicant

• Bachelor’s degree in Finance, Economics, Mathematics or a related discipline.
• Typically 8-12+ years of experience in credit risk, counterparty risk or prime brokerage risk.
• Strong understanding of hedge fund strategies, leverage, derivatives and securities financing.
• Proven experience assessing margining, collateral and exposure management.
• Excellent analytical, judgement and problem‑solving skills.
• Strong communication skills with the ability to challenge constructively and influence senior stakeholders.
• Experience working in fast‑paced, market‑driven environments.

What’s on Offer

• $150,000 – $200,000 base salary.

#J-18808-Ljbffr…