VP, Hedge Fund Credit Risk & Strategy

Deutsche Bank AG; New York (NY); Hybrid; USD 125,000 - 223,000; Full time

Benefits offered by this job

Hybrid work model

Generous vacation, personal and volunt

Competitive compensation with benefits

401(k) / retirement savings

Educational resources & matching gifts

Job summary

Deutsche Bank AG in New York seeks a Senior Credit Officer to provide expert credit analysis and risk management oversight for hedge fund clients. You will lead due diligence, set and defend credit limits, and approve complex transactions across derivatives and financing products.

You will manage a hedge fund counterparty portfolio, collaborate with Front Office, Legal, and Operations, and exercise delegated authority while challenging assumptions to ensure prudent risk management.

Qualifications

• Degree-level education or equivalent professional experience.
• Knowledge of hedge funds and their investment strategies, including portfolio construction, leverage, liquidity, financing structures.
• Experience conducting credit analysis and risk assessments of hedge funds, including evaluating financial, portfolio, performance, and risk information.
• Knowledge of derivatives and financing products, including OTC derivatives, foreign exchange, securities financing, repo, and prime brokerage, and their associated credit and market risk characteristics.

Responsibilities

• Lead credit due diligence and risk assessment for hedge fund and private equity relationships, engaging directly with senior client personnel to evaluate investment strategies, portfolio construction, leverage, liquidity, risk management, operational infrastructure, and other key sources of counterparty risk.
• Own credit decision-making for an assigned portfolio, establishing appropriate risk appetite, credit and financing limits, margin requirements, and transaction parameters, while exercising delegated credit authority and providing independent challenge.
• Evaluate and approve complex transactions across derivatives, financing and securities products, including OTC derivatives, Foreign Exchange, repo, prime brokerage, securities financing and bespoke structured transactions.
• Lead the credit risk aspects in negotiating trading and financing documentation, including ISDA, Credit Support Annexes, GMRA, and other agreements, ensuring appropriate credit protections, collateral terms, covenants and close-out rights.
• Maintain senior-level oversight of portfolio risk, utilizing the various credit risk management and product monitoring systems within Deutsche Bank, including annual and periodic credit reviews, exposure and collateral monitoring, stress testing, counterparty performance, liquidity and leverage trends, and emerging risks.
• Partner closely with clients and internal stakeholders across Front Office, Sales, Trading, Financing, Legal, Operations and Collateral Management, while maintaining awareness of market, regulatory and industry developments relevant to counterparty credit risk

Skills

Counterparty credit risk

Hedge funds knowledge

Derivatives & financing

ISDA Master Agreements

Credit analysis

AI tools usage

Education

Bachelor's degree or equivalent

Tools

ISDA Master Agreements

GMRA

Prime Brokerage docs

Job description

Deutsche Bank AG in New York seeks a Senior Credit Officer to provide expert credit analysis and risk management oversight for hedge fund clients. You will lead due diligence, set and defend credit limits, and approve complex transactions across derivatives and financing products.

You will manage a hedge fund counterparty portfolio, collaborate with Front Office, Legal, and Operations, and exercise delegated authority while challenging assumptions to ensure prudent risk management.