AVP / VP, Credit Officer (Hedge Fund)
Madison-Davis, LLC - New York City, NY
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Get AI-powered advice on this job and more exclusive features. Madison-Davis, LLC provided pay range This range is provided by Madison-Davis, LLC. Your actual pay will be based on your skills and experience "” talk with your recruiter to learn more. Base pay range $125,000.00/yr - $203,000.00/yr Office Status: Hybrid Responsibilities: Undertake initial credit due diligence for new clients by way of meetings with relevant personnel at the fund manager to fully understand the investment process and strategy, risk management approach and products traded. The credit officer would be expected to run these meetings and approve appropriate credit limits, margins and documentation terms based on their risk assessment of the hedge funds. Review and approve transaction requests for private equity funds, including Foreign Exchange (FX) hedging and deal contingent trades, engaging closely with the sales team during the approval process. Play a key role in the legal documentation process to ensure appropriate credit covenants are included in legal agreements to allow the bank to close out portfolios and terminate trades in the event of a default or credit deterioration. Ongoing dialogue and due diligence with clients and preparation of annual credit reviews, which outline the background of the fund management company, investment strategy, risk and liquidity management, and performance. Manage the risk and exposures within their portfolio on an ongoing basis, using credit risk management and product monitoring systems, including internal stress test information and performance data from hedge funds. Stay updated with market developments affecting the hedge fund sector, including regulatory issues or weaknesses in particular asset classes. Engage directly with top-tier clients and senior Business, taking ownership of credit decisioning. Serve as a seasoned Subject Matter Expert (SME) to offer guidance and expertise to junior team members. Seniority level Mid-Senior level Employment type Full-time Job function Finance #J-18808-Ljbffr
Created: 2025-03-01