VP/Director, Hedge Fund Underwriting, Global Markets Credit- Enterprise Credit

Bank of America; London; On-site; GBP 100,000 - 150,000; Full time

Job summary

A leading financial institution is seeking a VP/Director for Hedge Fund Underwriting in London. This pivotal role involves managing counterparty risk for hedge funds, conducting credit analyses, and ensuring compliance with credit standards. The ideal candidate will have extensive experience in hedge fund strategies and demonstrate excellent communication and quantitative analysis skills. Join a dynamic team committed to responsible growth and diversity.

Qualifications

• Experience in hedge fund counterparty credit risk roles.
• Strong knowledge of hedge fund strategies and risks.

Responsibilities

• Manage a portfolio of EMEA hedge fund clients.
• Conduct detailed credit analyses and stress testing.
• Lead credit due diligence calls and prepare assessments.

Skills

Communication

Negotiation

Problem Solving

Quantitative Analysis

Tools

Excel

Bloomberg

Job description

VP/Director, Hedge Fund Underwriting, Global Markets Credit- Enterprise Credit

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Job Overview

Bank of America is seeking a VP/Director for Hedge Fund Underwriting within Global Markets Credit. This role involves managing counterparty risk for hedge funds, analyzing investment strategies, and ensuring compliance with credit standards.

Key Responsibilities

1. Manage a portfolio of EMEA hedge fund clients from onboarding to ongoing risk management.
2. Conduct detailed credit analyses, including stress testing and sensitivity analysis.
3. Lead credit due diligence calls and prepare assessments for risk review.
4. Propose and monitor risk limits, approve trade flows, and liaise with legal for documentation.
5. Identify and escalate limit breaches, margin disputes, and other issues.
6. Support junior team members' development and prepare management reports.
7. Engage with sales, trading, legal, and other stakeholders to ensure robust risk management.
8. Assist with ad-hoc projects and regulatory compliance tasks.

Minimum Requirements

• Experience in hedge fund counterparty credit risk roles.
• Strong knowledge of hedge fund strategies, risks, and related financial products.
• Understanding of global markets and derivatives documentation.
• Ability to manage deal flow under tight deadlines.
• Excellent communication, negotiation, and problem-solving skills.
• Proficiency in quantitative analysis and Excel; Bloomberg experience is a plus.
• Team-oriented with a willingness to support colleagues.

Additional Information

Bank of America emphasizes responsible growth, diversity, and inclusion. The role is full-time, based in London, with senior executive responsibilities within the finance and sales industry.