VP Credit Risk Management, Hedge Funds & Private Equity

Madison-Davis, LLC; New York (NY); Hybrid; USD 160,000 - 190,000; Full time

Job summary

Madison-Davis, LLC in New York seeks a Vice President to own credit risk oversight for hedge fund and private equity counterparties. You will assess fund strategy, liquidity, leverage, and sponsor strength, and work with Front Office on risk approvals and documentation.

The role demands 10+ years of experience, strong quantitative skills, and mastery of ISDA, CSA, GMRA and prime brokerage agreements. You will mentor junior staff and contribute to firmwide risk initiatives while engaging with

Qualifications

• 10+ years of counterparty credit risk experience with hedge funds or private equity funds.
• Deep knowledge of hedge funds and private equity strategies.
• Strong quantitative skills and experience with trading documentation.

Responsibilities

• Assess creditworthiness of hedge funds and private equity funds through fund strategy and leverage analysis.
• Prepare high-quality credit approval memos and reviews.
• Approve internal counterparty ratings and limits under delegated authority.
• Conduct client due diligence calls and meetings.
• Monitor credit risk framework with exposure metrics and stress testing.
• Develop relationships with Front Office and clients and coordinate with Sales, Market Risk, Legal, Operations, and Client Integration.
• Lead or participate in firmwide projects on credit policy, systems, and regulatory responses.
• Mentor junior team members and promote analytical rigor and proactive risk management.

Skills

Credit risk management

Counterparty risk

Quantitative analysis

Tools

ISDA

CSA

GMRA

F&O

Prime Brokerage agreements

Job description

Title: VP Credit Risk Management, Hedge Funds & Private Equity Office Status: Hybrid New York, NY Base Salary: $160k $190k + Bonus

ABOUT THE ROLE

This Vice President opportunity sits within the Credit Risk Management function of a leading global financial services group, offering independent ownership of credit risk oversight for a dedicated portfolio of hedge fund and private equity fund counterparties. The role covers exposures generated across OTC derivatives, securities financing, prime brokerage, loan agreements, and bespoke structured transactions combining rigorous credit assessment and ongoing portfolio monitoring with active engagement across trading activity approvals, legal documentation negotiation, and firmwide risk initiatives. It s an ideal fit for a credit risk professional with 10+ years of experience managing counterparty credit risk to alternative investment funds at a major financial institution who combines deep knowledge of hedge fund and private equity strategies with strong quantitative skills, master trading documentation expertise, and the ability to engage credibly with Front Office, senior management, and external clients.

RESPONSIBILITIES

• Assess the creditworthiness of hedge funds and private equity funds through comprehensive analysis of fund strategy, performance attribution, liquidity profile, leverage, and manager or sponsor strength
• prepare high-quality written credit approval memos and reviews
• approve internal counterparty ratings and limits under delegated authority
• Perform client due diligence calls and meetings
• demonstrate a detailed understanding of the credit risk framework including relevant exposure metrics and stress testing
• identify emerging risks and trends across the alternative investment space
• Perform ongoing monitoring including monthly and quarterly NAV reviews, performance attribution analysis, redemption tracking, and proactive identification of deteriorating credit quality
• Review and approve trading activity, margin requirements, and structural enhancements to transactions
• challenge structured transactions and articulate the credit risk viewpoint to senior management and committees as appropriate
• Negotiate legal documentation for traded products including ISDA, CSA, GMRA, F&O, and Prime Brokerage agreements
• maintain a strong understanding of associated covenants and risk characteristics
• Develop and maintain relationships with senior stakeholders across Front Office and client organizations
• work closely with business partners including Sales and Trading, Market Risk, Legal, Operations, and Client Integration
• Lead or participate in firmwide projects including credit policy development, system implementations, and regulatory response efforts
• support enhancement of specialized data analytics and portfolio monitoring toolsSupport day-to-day management of the team
• mentor junior team members and contribute to a culture of analytical rigor and proactive risk management