SVP, Hedge Fund Credit Risk (Prime Financing)

This role plays a critical part in safeguarding the firm's balance sheet while partnering closely with front-office and senior stakeholders. The position focuses on credit risk management for hedge fund clients within a prime financing environment.

Client Details

Large bank based in Midtown.

Description

• Perform comprehensive credit assessments on new and existing counterparties, with an emphasis on hedge fund clients
• Monitor exposures and conduct ongoing counterparty risk analysis across prime financing activities
• Develop, set, and oversee risk limits aligned with portfolio and market dynamics
• Support and participate in the negotiation of credit terms and related legal documentation
• Review, challenge, and provide independent risk perspectives on business proposals
• Prepare analysis and respond to ad hoc requests from senior management, regulators, and internal audit teams

Profile

• A bachelor's degree in finance, economics, or a related discipline (or equivalent professional experience)
• 7+ years of experience in hedge fund credit risk, prime brokerage risk, or a closely related area
• Strong quantitative skills, including familiarity with financial instruments and pricing models (e.g., options, convertible securities, bonds)
• Working knowledge of risk modeling and exposure analytics
• Proficiency with data and analytical tools such as SQL and VBA or Python (use of LLMs/AI tools welcomed)
• Excellent written and verbal communication skills, with the ability to convey complex risk concepts clearly
• Demonstrated experience leveraging AI or advanced analytics to enhance risk management processes

Job Offer

The expected base salary range for this role is $100,000 to $170,000, depending on experience, skills, and location. Total compensation may also include discretionary bonuses, incentive programs, and a comprehensive benefits package.

Employees have access to competitive health and wellbeing programs, flexible resources, financial planning tools, and generous paid time off, including paid volunteer leave.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.