VP Credit Risk Manager - Fund Finance - CER Financial

CER Financial; City Of London; On-site; GBP 90,000 - 110,000; Full time

Job summary

A mid-tier bank in the City of London seeks a Vice President Credit Risk Manager to oversee Fund Finance activities and ensure compliance with regulatory standards. The ideal candidate will have significant experience in Fund Finance and strong analytical abilities. This role involves independent risk assessments, developing risk frameworks, and preparing management reports. A Bachelor's degree in Finance or Economics is required, with CFA or FRM certification preferred.

Qualifications

• Significant experience in Fund Finance or related disciplines with a focus on NAV finance.
• Deep understanding of Fund and Sponsor Finance structures and legal documentation.
• Excellent quantitative and financial modeling skills.

Responsibilities

• Independently review risk assessments and underwriting standards.
• Contribute to the development of risk policies and governance frameworks.
• Prepare and present risk reports to senior management.

Skills

Experience in Fund Finance

Technical Knowledge of Fund Structures

Analytical Abilities

Regulatory Acumen

Communication Skills

Education

Bachelor's degree in Finance, Economics, or related field

CFA or FRM certification

Job description

VP Credit Risk Manager - Fund Finance

Mid Tier Bank - Up to £110k

City

3 / 2 work Practices

Role Summary :

I am working with a mid tier bank who are looking to employ a Vice President to join their Second Line of Defense (2LOD) Fund and Finance Risk team. This role is crucial for ensuring the integrity and compliance of our Fund Finance activities by providing independent oversight and challenge to the First Line of Defense (1LOD).

• Risk Oversight & Challenge : Independently review and challenge the risk assessments, underwriting standards, and ongoing portfolio management of Fund Finance transactions including margin finance, back leverage and GP finance structures originated by the 1LOD.
• Policy & Framework Management : Contribute to the development and maintenance of the firm's Fund Finance risk policies, procedures, and governance frameworks to ensure they align with regulatory requirements and internal risk appetite.
• Credit Analysis : Conduct detailed credit analysis and due diligence on new and existing Fund Finance transactions, including margin lending, and back leverage, NAV and GP Finance, Hybrid finance and other structured fund and sponsor facilities.
• Regulatory & Compliance : Stay informed of evolving regulatory landscapes (e.g., Basel, CRR, Solvency II) and ensure Fund Finance activities adhere to all relevant legal and regulatory standards.
• Reporting & Communication : Prepare and present risk reports to senior management and risk committees, highlighting key risks, trends, and mitigation strategies. Act as a subject matter expert for Fund Finance risk within the bank.
• Special Projects : Lead or support ad-hoc risk-related projects and reviews, contributing to the continuous improvement of the firm's risk management capabilities.

Qualifications and Skills :

• Experience : Significant experience in Fund Finance, or related asset level disciplines (RE, Infra, LevFin) with a strong focus on NAV finance and / or Lev Fin. Experience in a 2LOD risk management or credit risk role is highly preferred.
• Technical Knowledge : Deep understanding of Fund and Sponsor Finance structures, including Hybrid structures, Margin Finance combining deep collateral analysis, and legal documentation analysis. Familiarity with various asset classes (e.g., Private Equity, Infra, Real Estate).
• Analytical Abilities : Excellent quantitative, analytical, and financial modelling skills.
• Regulatory Acumen : Solid knowledge of global and regional Fund Finance regulations and risk management principles.
• Communication : Exceptional written and verbal communication skills, with the ability to articulate complex risk concepts clearly to diverse audiences.
• Education : Bachelor's degree in Finance, Economics, or a related field. CFA or FRM certification is a plus.

Accountabilities and Responsibilities :

• Review & authorise transactions in accordance with the Credit Officer Approval Authority Policy and Portfolio Management Rules, subject to the approval limits delegated from the General Manager of CD.
• Exercise strong risk assessment methodology toward new transactions and management of a portfolio of clients across a variety of sectors, geographies, and asset / product types.
• Working as a trusted partner with Front Office deal teams to ensure delivery to clients whilst maintaining high credit quality. Articulate CD risk perception and appetite for a transaction in line with bank policy and procedures, manage the interaction and communication with front office teams, and attend meetings with clients where necessary.
• Experience and capability to take a complex transaction from inception to approval with limited supervision.