VP, Senior Credit Analyst (Hedge Fund Sector)

Office Status: Hybrid
Salary: $150,000 – $200,000

Responsibilities:

• Conduct due diligence meetings with all hedge fund clients for new relationships as well as annual reviews of existing relationships
• Write complete first level credit applications for all hedge fund files including funds’ structure, investment strategies, risk management framework, liquidity and leverage analysis, financial performance, legal protections, risks and mitigants, and recommendation to include credit limits and ratings
• Ensure compliance with the Bank’s strategy for the sector, as well as internal policies and procedures
• Make presentations to Credit Committees both locally and at Home Office level
• Propose/validate internal ratings for all hedge fund counterparties
• Coordinate with the Credit Risk Department in Home Office as needed to provide any answers or additional information that may be required, and ensure timely approvals
• Participates in internal and external audits, portfolio reviews, and ad hoc projects as needed
• Conduct monthly performance monitoring of all hedge fund files, and report material findings to senior management
• Process any amendments/modifications/waivers requests as needed
• Process credit files through the Bank’s internal systems, and perform various operational and administrative functions
• Review and approve credit terms of ISDA/CSA/GMRA documentation in coordination with Legal
• May also be involved in the review of other counterparties in the FI portfolio including asset managers, broker dealers, private equity funds, NBFI, etc.