Director Counterparty Credit Risk - Prime Services

CFA Institute; Singapore; On-site; SGD 180,000 - 280,000; Full time

Job summary

CFA Institute in Singapore seeks a senior credit risk professional to lead hedge fund counterparty credit coverage, partnering with Global Markets and Prime Services. You will manage risk while enabling growth, reporting to senior stakeholders.

The candidate should have 10+ years in credit or counterparty risk, strong margin knowledge, and experience with hedge funds in prime services. CFA/FRM is a plus.

Qualifications

• 10+ years in credit or counterparty risk, with hedge fund coverage essential.
• Strong margin, leverage, and hedge fund documentation knowledge.
• Experience handling market stress events and fund distress scenarios.

Responsibilities

• Lead credit risk coverage for hedge fund counterparties across prime brokerage, OTC derivatives, repo and financing.
• Perform in-depth credit analysis and due diligence on funds, covering strategy, leverage, liquidity and redemptions.
• Recommend and approve credit limits; shape margin, collateral, and documentation terms (ISDA/CSA).
• Run stress tests, concentration risk and early risk detection when needed.
• Be a trusted senior voice to front office and management; support regulatory reviews.

Skills

Credit risk

Hedge funds

Prime brokerage

Stakeholder communication

Document drafting

Analytical mindset

Education

Bachelor's degree

CFA/FRM advantage

Tools

Isda/CSA

Job description

Our client, a leading Global Bank, is looking for a senior credit risk professional to lead its hedge fund counterparty credit coverage from Singapore. This is a senior, visible role partnering closely with Global Markets and Prime Services. It suits someone who can hold their ground on risk while helping the business grow safely but commercially.

What you'll do

1. Lead credit risk coverage of a portfolio of hedge fund counterparties across prime brokerage, OTC derivatives, repo and securities financing.
2. Carry out in-depth credit analysis and due diligence on funds, covering strategy, leverage, liquidity, performance, redemption terms and key-person risk.
3. Recommend and approve credit limits, and shape margin, collateral and documentation terms, including ISDA/CSA, prime brokerage agreements, NAV triggers and termination events.
4. Run stress testing, concentration and wrong-way risk analysis, and accelerate early when a fund's risk profile changes.
5. Act as a trusted senior voice to front office and senior management, and support regulatory and internal reviews.

What you'll bring

1. Around 10 or more years in credit or counterparty risk, with direct hands-on coverage of hedge funds in a prime brokerage or prime services environment. This is essential.
2. A strong understanding of margin methodologies, leverage, and the documentation that governs hedge fund relationships.
3. Experience working through market stress events and fund distress situations.
4. Confidence and credibility with senior front-office stakeholders, and clear, concise written credit papers.
5. A relevant degree. CFA or FRM is an advantage.

Why apply

This is a rare opportunity to take a senior hedge fund credit role in Singapore with a highly regarded institution. It offers real ownership of the portfolio and a strong platform for further growth.