Senior Credit Risk Officer - Private Equity/Private Credit | London, UK

Deutsche Bank; London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

Deutsche Bank seeks a Senior Credit Risk Officer in London to oversee credit analysis for private equity and private debt. This Vice President role involves due diligence, risk management, and credit ratings, offering a competitive salary and hybrid working options.

Benefits

Hybrid Working Model

30 days' holiday plus bank holidays

Life Assurance and Private Healthcare

Flexible Benefits

2 days' volunteer leave

Qualifications

• Experience in managing credit risk and structured credit transactions required.
• Knowledge of private capital sector and investment risks necessary.
• Understanding of ISDA agreements important.

Responsibilities

• Conduct due diligence for structured transactions and manage risk exposure.
• Review and approve transaction requests including FX hedging.
• Prepare annual credit reviews and maintain client dialogue.

Skills

Credit Risk Management

Structured Credit Transactions

Investment Strategies

Tools

Derivative Instruments

Risk Management Systems

Job description

Job Description:

Job Title Senior Credit Risk Officer - Private Equity/Private Credit

Location London

Corporate Title Vice President

This role entails providing expert credit analysis and comprehensive risk management oversight for private capital clients (private equity, private debt, real assets etc). Key responsibilities include performing thorough transaction due diligence to ensure the integrity and viability of each deal. Additionally, the role involves determining the risk/return ratio and establishing the associated limit framework at the client level for standard risk transactions, as well as assigning and approving credit ratings. You will play a crucial role in independently challenging the business and escalating issues when necessary, making informed decisions and approvals within their allocated authority level.

What we'll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
• Competitive salary and non-contributory pension
• 30 days' holiday plus bank holidays, with the option to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
• The opportunity to support a wide ranging CSR programme + 2 days' volunteering leave per year

Your key responsibilities

• Undertaking initial credit due diligence for new structured transactions by conducting meetings with relevant personnel at the fund manager
• Reviewing and approving ancillary transaction requests for such funds, which typically include FX hedging and deal contingent trades
• Playing a pivotal role in the legal documentation process to ensure that appropriate credit covenants are included in legal agreements
• Maintain ongoing dialogue and due diligence with clients, preparing annual credit reviews and written reports that outline areas such as the background of the fund management company, investment strategy of underlying funds, and performance
• Managing the risk and exposures within their portfolio on an ongoing basis, utilising various credit risk management and product monitoring systems within Deutsche Bank
• Working with the bank's Collateral Management team as required to resolve any margin or collateral issues
• Stay informed about market developments affecting the private capital sector, such as regulatory issues or stress in particular asset classes

Your skills and experience

• Industry experience in managing credit risk. The ideal candidate will also have prior experience in managing structured credit transactions
• Knowledge of the private capital sector, including an understanding of a broad range of investment strategies and their associated risks
• Product knowledge covering all major derivative instruments, with a full understanding of their respective risk characteristics. The ability to calculate and quantify transaction risk is desirable but not essential
• Understanding of facility agreements and master trading documentation, particularly International Swaps and Derivatives Association (ISDA)

How we'll support you

• Training and development to help you excel in your career

• Flexible working to assist you balance your personal priorities

• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• We value diversity and as an equal opportunities' employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named in The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

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