Alternative Asset Credit Risk Manager - (Hedge Fund, Private Equity & IFO) - Vice President

Posted:
9/10/2024, 8:49:01 PM

Location(s):
England, United Kingdom ⋅ London, England, United Kingdom

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking

Job Description

Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICM’s Counterparty Credit Risk’s objective is to provide integrated “end-to-end” credit underwriting, identification, measurement, management, and monitoring for wholesale credit risk across the enterprise.  Within ICM, the CCR Underwriting function provides analysis, greenlight, underwriting, first-line-of-defense credit approval and subsequent credit monitoring across all ICG wholesale credit businesses including Banking, Capital Markets, and Advisory (BCMA), Global Structured Products, Financings, and Securitizations (GSP-F&S), Treasury & Trade Services (TTS), Markets, and Securities Services (MSS).

The Credit Risk Manager will be part of the global CCR underwriting function, spanning various products including subscription call facilities, Fund Financing, FX, Derivatives, Prime Brokerage, and structured lending. Candidate should have experience managing alternative managers like Hedge Funds, Private Equity and Institutional Family Offices.

Key Responsibilities:

  • Evaluating transactions risk across the business covering full range of complex products
  • Role demands excellence in analysis, underwriting, monitoring, and drives global consistency across regions
  • Conduct and take ownership of the Credit Approval Memo process (CAM), generate risk rating and update on an as need basis, perform quality control of the CAM / Risk Rating Scorecard
  • Negotiation of credit structures and documentation, including ISDA’s, Derivatives Clearing, Prime Brokerage and Repo documents
  • Strong knowledge of Derivatives and structured lending
  • Facilitate relationships with key clients in Banking and Risk

Client Relationships / Business Partnership:

  • 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

Knowledge, skills and experience required:

  • Ability to understand capital markets products and complex financing and product structures
  • Significant 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.

Qualifications:

  • 4+ years in Risk Management covering Hedge Funds, Private Equity and Institutional Family Offices
  • Bachelor's degree/University degree or equivalent experience
  • Master's degree preferred

#LI-SH2

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Job Family Group:

Risk Management

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Job Family:

Credit Decisions

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Time Type:

Full time

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