Title: ED Credit Risk Management, Hedge Funds & Private Equity
Office Status: Hybrid New York, NY
Base Salary: $220k $260k + Bonus
ABOUT THE ROLE This Executive Director opportunity sits within the Credit Risk Management function of a leading global financial services group, offering senior leadership of the Hedge Funds and Private Equity credit risk team in the Americas. The role carries delegated credit approval authority and reports to the Global Head of Hedge Funds and Private Equity Credit Risk combining independent credit assessment and limit management across a large and diverse portfolio of fund counterparties with team leadership, stakeholder management, and active engagement across OTC derivatives, securities financing, prime brokerage, loan agreements, and bespoke structured transactions. It s the right seat for a seasoned credit risk professional with 12+ years of experience managing credit risk to hedge funds and private equity funds at a major financial institution who combines deep knowledge of alternative investment strategies with strong quantitative skills, master trading documentation expertise, and the leadership presence to develop a high-performing team and engage credibly with Front Office, Legal, Market Risk, and senior management globally.
RESPONSIBILITIES- Review and approve credit memos, ratings, and limits under delegated credit authority;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
- Conduct due diligence visits and calls with HF and PE clients;analyze trading strategies, risk management frameworks, performance metrics, operational controls, and governance structures to produce high-quality credit assessments
- Collaborate with Front Office Risk and other risk functions to understand stress loss scenarios;perform ongoing monitoring including monthly and quarterly NAV reviews, performance attribution analysis, and proactive identification of deteriorating credit quality
- Review credit limit breaches and recommend appropriate credit actions when risk appetite thresholds are exceeded;review and approve trading activity, margin requirements, and structural enhancements to transactions
- Oversee daily trade approvals in coordination with other risk teams;establish appropriate margining requirements across OTC derivatives, securities financing, and prime brokerage activities
- Define credit terms and covenants for legal documentation including Prime Brokerage agreements, ISDA/CSA, GMRA, and other master trading documentation;negotiate legal documentation while maintaining a thorough understanding of associated covenants and risk characteristics
- Maintain close communication with HF and PE team leads globally;monitor international risk developments and present comprehensive Americas portfolio risk summaries at global risk review calls and regional and global risk committees
- Establish and maintain constructive relationships with Front Office, Market Risk, Legal, Operations, Compliance, and Finance;oversee client engagement and credit standards in coordination with key firmwide stakeholders
- Support enhancement of specialized data analytics and portfolio monitoring tools;lead or participate in firmwide projects including credit policy development, system implementations, and regulatory initiatives
- Lead, develop, and mentor a team of credit risk analysts and associates;foster a culture of inclusion, intellectual rigor, and proactive risk management in a fast-paced, high-pressure environment