An SVP on the Second Line of Defense (2LOD), Hedge Fund Credit Team, will be responsible for managing Citi's credit risk, providing review and challenge to the First Line of Defense (1LOD) Institutional Credit Management (ICM) team based on risk appetite, policies, exceptions, and credit analysis and final approval regarding a portfolio of the firm's Hedge Fund relationships.

The analyst will be responsible for the following:

- Providing review, challenge and final approval of initial and annual credit reviews conducted by ICM on a portfolio of hedge funds.

- From 2LOD perspective, approving credit facilities, specific transactions, and exceptions within delegated credit authority.

- Approving trade exceptions while communicating with the sales team when necessary.

- Advancing and innovating risk management tactics.

- Streamlining processes and changing firm-wide policies and procedures to be more reflective of current market conditions.

- Reviewing and challenging credit-related terms in ISDA, MRA, MSFTA and other capital markets documentation proposed by the 1LOD.

- Partnering with a specific trading desk within the firm and educating the team on the risks associated with their given desk(s).

- Interacting with ICM team, Hedge Fund clients, trading desks, operations and legal.

- Providing leadership and guidance to junior staff.

Qualifications:

The ideal candidate will have experience managing a complex portfolio of hedge funds - spanning the various strategies traded by these counterparties.   

The candidate should also possess the following qualifications:

- 5 years of previous work experience in a related field.

- Knowledge across Capital Markets trading and lending products, particularly in derivatives, structured and other complex products traded by hedge funds.

- Strong risk management skills as well as familiarity with current risk reporting platforms for risk monitoring and stress testing purposes is highly beneficial.

- Advanced working knowledge of Microsoft Excel, PowerPoint, Word, and Access.

- Highly effective communication skills, used to partner with other groups and present findings and suggestions to management.

- Motivated and confident to drive change.

- Attention to detail; unaffected by high pressure situations.

- Quantitative and intuitive skills in the risks inherent in capital markets products, transactions, and positions.

- Formal credit training with experience in a global institution.

- Real sense for how to build / support business growth.

- Bachelor’s degree required; additional degrees/designations which may include MBA, or MS desirable.

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Job Family Group:

Risk Management

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Job Family:

Credit & Portfolio Risk Management

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$163,600.00 - $245,400.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Dec 09, 2024

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

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