Director, Senior Underwriter/Credit Risk Officer Private Equity/Hedge Funds

BMO Harris Bank; New York (NY); On-site; USD 170,000 - 300,000; Full time

Job summary

A leading bank seeks a Director, Senior Underwriter/Credit Risk Officer to oversee underwriting for Private Equity and Hedge Funds. The role demands extensive experience in risk management, an understanding of capital markets, and strong leadership skills. This senior position involves analyzing complex products and fostering key client relationships, ensuring global consistency and excellence in credit risk assessment. Competitive salary package offered, including benefits.

Benefits

Medical, Dental & Vision coverage

401(k) plan

Life, accident, and disability insurance

Wellness programs

Paid time off packages

Qualifications

• 15+ years of experience in financial services and risk management required.
• Experience underwriting complex products in banking/financial institutions.
• Strong knowledge of capital markets products and financing structures.

Responsibilities

• Lead underwriting across various products including FX Hedging and structured lending.
• Provide risk assessments and facilitate relationships with clients.
• Drive global consistency in analysis and monitoring.

Skills

Risk Management

Decision Making

Communication Skills

Leadership

Analytical Skills

Education

Bachelor's degree

Master's degree

Job description

Director, Senior Underwriter/Credit Risk Officer Private Equity/Hedge Funds

The Credit Risk Manager will lead the underwriting, spanning various products including subscription call facilities, Fund Financing, FX Hedging, Derivatives, Prime Brokerage, and structured lending. Candidate should also have experience managing other alternative managers like Hedge Funds.

Key Responsibilities:

• Leading PE clients/transactions risk across Investment Bank and Markets.
• Provide underwriting capabilities for the business covering full range of products
• Role demands excellence in analysis, underwriting, monitoring, and drives global consistency across regions
• Experience underwriting and supporting a portfolio of complex products
• Strong knowledge of FX Hedging, Subscription Facilities, Derivatives and structured lending
• Facilitate relationships with key clients in Banking and Markets

CLIENT RELATIONSHIPS / BUSINESS PARTNERSHIP:

• Proven ability to understand nuances of local markets, local regulation, and the capabilities and practices of competitors
• Provides well-reasoned, balanced assessments of risk/return trade-offs associated with transactions and client relationships
• Proven track record of partnering with global peers in leveraging and implementation of best practices

QUALIFICATIONS:

• 15+ years of experience in financial services and risk management required
• Ability to understand capital markets products and complex financing and product structures
• Significant risk/risk-related counterparty credit work experience in banking/financial institutions with expertise in the alternative investment counterparties
• Demonstrates strong ethics and integrity
• Strong leadership. Dynamic, flexible, and with strong communication skills
• Can make decisions under pressure and short timeline
• Excellent verbal & written communication skills. Active listening skills.
• Excellent presentation skills adept at presenting effectively to audiences of various sizes and various constituencies

EDUCATION:

• Bachelor's degree/University degree or equivalent experience
• Master's degree preferred

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Job Family Group:

Risk Management

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Job Family:

Portfolio Credit 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:

$170,000.00 - $300,000.00

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:

Jun 05, 2025

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