Senior Credit Risk Officer – Hedge Funds

About the role

Deutsche Bank is looking for a Senior Credit Risk Officer in London to provide expert credit analysis and risk management oversight for hedge fund clients. The role covers a portfolio of hedge fund counterparties across derivatives, financing transactions and securities financing activities.

Key responsibilities

• Conduct initial credit due diligence for new hedge fund relationships, meeting portfolio managers, CIOs, CROs, COOs, CFOs and investor relations teams
• Perform comprehensive credit assessments of hedge funds and fund management groups, including leverage, liquidity, valuation and operational risk
• Determine and approve credit, financing and derivatives limits
• Review and approve client transactions such as OTC derivatives, FX, securities financing, repo and prime brokerage, and exercise delegated credit authority
• Represent Credit Risk Management in credit committees and governance forums, and negotiate ISDA Master Agreements, Credit Support Annexes, GMRAs and prime brokerage agreements
• Prepare annual credit reviews and periodic risk assessments, and monitor portfolio risk using internal systems and external data

Required profile

• Experience in credit risk, counterparty risk, market risk, hedge fund due diligence, prime brokerage risk or a related discipline
• Strong knowledge of hedge fund structures, operating models and investment strategies (long/short equity, multi-strategy, event-driven, relative value, macro, quantitative/systematic and credit-oriented)
• Experience performing fundamental credit analysis of funds, asset managers or financial institutions
• Experience reviewing and negotiating legal documentation such as ISDA and Credit Support Annexes

Required skills

• Product knowledge of derivatives, securities financing, repo and prime brokerage
• Strong analytical and quantitative skills, including financial statement interpretation and risk metrics
• Excellent written communication and presentation skills to senior stakeholders and credit committees
• Proven ability to use AI tools productively and responsibly

What we offer

• Hybrid working for eligible employees
• Competitive salary and non-contributory pension
• 30 days' holiday plus bank holidays, with the option to buy extra days
• Life assurance and private healthcare for you and your family
• Retail discounts, Bike4Work scheme, gym benefits and 2 days' volunteering leave per year