Vice President, Credit Risk Specialist, Hedge Fund

  • Competitive
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • Morgan McKinley Hong Kong
  • 18 Jun 18 2018-06-18

Vice President, Credit Risk Specialist, Hedge Fund

This role is within Global Markets Risk team, under Hedge Fund (HF) Risk Team responsible for credit risk management of HFs and Prime Services clients. HF Risk team supports all front office trading activities including fixed income, equities, futures and structured products.

The incumbent will be managing credit risk of Hedge Fund clients, spanning a broad range of investment strategies (equity long/short, multi-strategy, event driven, credit, arbitrage etc). Responsible for onsite due diligence, credit memo preparation, trade approval and monitoring on an ongoing basis.

Key Responsibilities

  • Credit analysis: Participate in initial and ongoing due diligence of HFs. Perform quantitative and qualitative credit assessment, setting internal ratings and recommending credit limits
  • Initial margin calculation: Determine initial margin and evaluate transactional risks associated with OTC and exchange traded derivatives, securities financing, and structured trades.
  • Trade approval: Hold delegated approval authority to approve credit facilities, new trade positions or to make recommendations to higher authority levels.
  • Risk monitoring: Managing HF portfolio risk via exposure analysis, internal stress testing, monitoring of portfolio/ performance data received from HFs and market events
  • Trading documentation: Liaise with Legal and client in negotiating ISDA, CSA, GMRA etc
  • Collaboration: Regular interaction with Hedge Fund clients, trading desks, Sales, Operations and Legal.

Key Requirements
  • At least 7 years relevant experience as a Senior Associate up to VP candidates with relevant credit experience covering Hedge Funds or Banks. Counterparty Credit experience will be considered as an advantage
  • Bachelor's degree or international equivalent, preferably in accounting or finance. MBA/ CFA/FRM or other professional qualification will be preferred
  • A deep understanding as well as exposure to the derivative and structure products space.
  • Proficiency in Bloomberg