Hedge Fund Credit Risk Analyst

Overview

• Manage counterparty risk for hedge funds and proprietary trading groups, ensuring compliance with risk appetite and market conditions.
• Conduct due diligence on hedge funds, analyzing investment and operational risks, and preparing comprehensive reports.
• Negotiate credit terms in legal agreements, including ISDA and GMRA, to mitigate risk exposure.
• Monitor counterparty risk metrics and exposures, addressing breaches and maintaining updated risk information.
• Develop solutions to enhance risk management processes and systems within the organization.
• Collaborate with stakeholders to ensure effective risk mitigation strategies are implemented.
• Provide analysis and opinions on transactions, supporting decision-making processes.
• Contribute to team goals while maintaining individual accountability and meeting deadlines.

Key Responsibilities & Duties

• Perform hedge fund due diligence, including documentation review and on-site meetings.
• Draft detailed due diligence reports and manage client ratings.
• Prepare annual reviews, set limits, and actively monitor risk exposures.
• Negotiate legal terms in agreements to mitigate credit risks effectively.
• Maintain proficiency in systems used for risk management and reporting.
• Monitor portfolio metrics, addressing overshoots and ensuring compliance.
• Assist in developing and testing solutions for risk management projects.
• Collaborate with internal teams to enhance risk mitigation strategies.

Job Requirements

• Bachelor’s degree in Finance or related field; Master’s degree preferred.
• Minimum 3 years of experience in hedge fund credit or investment risk analysis.
• Strong knowledge of hedge fund structures, strategies, and associated risks.
• Proficiency in analyzing legal documentation, including ISDA and financing agreements.
• Excellent analytical and statistical skills, with understanding of performance metrics.
• Ability to work independently and contribute to team objectives effectively.
• Comfortable interacting with clients and stakeholders regularly.
• Familiarity with regulated funds and mandates is a plus.