VP, Global Counterparty Credit - Hedge Funds

TD Bank Group; New York (NY); On-site; USD 180,000 - 220,000; Full time

Job summary

TD Bank Financial Group, in New York, seeks a Vice President in Global Counterparty Credit (GCC) Hedge Funds to manage a portfolio of hedge fund counterparties and assess trading and credit risk across derivatives, financing, and prime brokerage. You will work with Global Markets teams and legal to structure risk-mitigating credit terms.

The role requires 5–10 years in credit risk at a large financial institution, experience with Prime Brokerage and equity derivatives, and solid Excel modeling

Qualifications

• Undergraduate degree in Business, Finance, or Economics.
• 5–10 years of counterparty or credit risk experience at a large financial institution.
• Experience with Prime Brokerage underwriting and equity derivatives products.
• Experience with ISDAs, MCAs, GMRAs, MRAs and PBAs.

Responsibilities

• Manage hedge fund counterparties portfolio including prime brokerage and margins.
• Assess counterparty risk for equities, fixed income, and FX transactions.
• Negotiate and structure credit terms per trading or lending agreements.
• Coordinate with Global Markets, Credit Risk Management, Documentation, Legal, Compliance and Operations.
• Conduct market, industry, and counterparty due diligence as part of credit assessments.
• Monitor portfolio performance and ensure compliance with credit terms.

Skills

Credit risk experience

Prime Brokerage underwriting

Equity derivatives

ISDAs & other credit agreements

Excel modeling

Education

Undergraduate degree in Business/Finance/Economics

Tools

Excel

Job description

TD Bank Financial Group, in New York, seeks a Vice President in Global Counterparty Credit (GCC) Hedge Funds to manage a portfolio of hedge fund counterparties and assess trading and credit risk across derivatives, financing, and prime brokerage. You will work with Global Markets teams and legal to structure risk-mitigating credit terms.

The role requires 5–10 years in credit risk at a large financial institution, experience with Prime Brokerage and equity derivatives, and solid Excel modeling