Credit Officer
- Employer
- Bank of America Merrill Lynch
- Location
- New York, USA
- Salary
- Competitive
- Closing date
- May 29, 2021
View more
- Job Function
- Credit Analysis
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
You need to sign in or create an account to save a job.
Job Description:
Job Description and Requirements
Responsible for all aspects of the credit management of Hedge Funds (HF). This is a high-volume and fast-moving portfolio that utilizes a risk-based approach to drive revenue while maintaining appropriate credit risk disciplines.
Candidate will have significant exposure to Global Markets personnel including Trading / Structuring / Sales, as well various support partners. Candidate must be comfortable working on transactions in a fast-paced capital markets/trading environment.
Required Job Skills:
Job Band:
H6
Shift:
1st shift (United States of America)
Hours Per Week:
40
Weekly Schedule:
Referral Bonus Amount:
0
Job Description:
Job Description and Requirements
Responsible for all aspects of the credit management of Hedge Funds (HF). This is a high-volume and fast-moving portfolio that utilizes a risk-based approach to drive revenue while maintaining appropriate credit risk disciplines.
Candidate will have significant exposure to Global Markets personnel including Trading / Structuring / Sales, as well various support partners. Candidate must be comfortable working on transactions in a fast-paced capital markets/trading environment.
Required Job Skills:
Job Band:
H6
Shift:
1st shift (United States of America)
Hours Per Week:
40
Weekly Schedule:
Referral Bonus Amount:
0
Job Description:
Job Description and Requirements
Responsible for all aspects of the credit management of Hedge Funds (HF). This is a high-volume and fast-moving portfolio that utilizes a risk-based approach to drive revenue while maintaining appropriate credit risk disciplines.
Candidate will have significant exposure to Global Markets personnel including Trading / Structuring / Sales, as well various support partners. Candidate must be comfortable working on transactions in a fast-paced capital markets/trading environment.
Required Job Skills:
Shift:
1st shift (United States of America)
Hours Per Week:
40
Job Description and Requirements
Responsible for all aspects of the credit management of Hedge Funds (HF). This is a high-volume and fast-moving portfolio that utilizes a risk-based approach to drive revenue while maintaining appropriate credit risk disciplines.
- 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 (IM) and evaluate transactional risks associated with OTC and exchange traded derivatives, securities financing and structured trades
- Trade approval: Hold delegated approval authority to approve trading floor request (OTC derivatives) or to make recommendations to higher authority levels.
- Relationship management: Build strong working relationship with external HF clients, internal business partners including Sales, Structuring & Trading, Risk counterparts, Legal and Audit Function
- Risk monitoring: Undertake regular exposure analysis including internal stress testing and IM backtesting. Monitoring of performance and AUM flow data received from HFs
- Trading documentation: Liaise with Legal and client in negotiating ISDA, CSA, GMRA etc.
- Portfolio reviews: Preparation of portfolio reports and reviews, including analysis of OTC and F&O exposures, any counterparties of concern and other pertinent risk issues.
Candidate will have significant exposure to Global Markets personnel including Trading / Structuring / Sales, as well various support partners. Candidate must be comfortable working on transactions in a fast-paced capital markets/trading environment.
Required Job Skills:
- General knowledge of Hedge Funds, their strategies and derivative products
- A deep understanding as well as exposure to the derivative and structure products space
- Ability to manage significant deal volume in a fast-paced environment and products with heavy regulatory oversight
- Strong organizational, oral, and written communication skills, with ability to communicate effectively with all levels of risk, support, and business partners
- Proficiency with Bloomberg, Word, Excel and PowerPoint, along with ability to quickly learn new programs and applications
- Undergraduate degree in Finance, Business Administration or related fields.
- CFA/FRM or other professional qualification will be highly preferred
- Candidate should exhibit strong personal drive, individual initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility
- Formal bank credit training or equivalent is a plus
Job Band:
H6
Shift:
1st shift (United States of America)
Hours Per Week:
40
Weekly Schedule:
Referral Bonus Amount:
0
Job Description:
Job Description and Requirements
Responsible for all aspects of the credit management of Hedge Funds (HF). This is a high-volume and fast-moving portfolio that utilizes a risk-based approach to drive revenue while maintaining appropriate credit risk disciplines.
- 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 (IM) and evaluate transactional risks associated with OTC and exchange traded derivatives, securities financing and structured trades
- Trade approval: Hold delegated approval authority to approve trading floor request (OTC derivatives) or to make recommendations to higher authority levels.
- Relationship management: Build strong working relationship with external HF clients, internal business partners including Sales, Structuring & Trading, Risk counterparts, Legal and Audit Function
- Risk monitoring: Undertake regular exposure analysis including internal stress testing and IM backtesting. Monitoring of performance and AUM flow data received from HFs
- Trading documentation: Liaise with Legal and client in negotiating ISDA, CSA, GMRA etc.
- Portfolio reviews: Preparation of portfolio reports and reviews, including analysis of OTC and F&O exposures, any counterparties of concern and other pertinent risk issues.
Candidate will have significant exposure to Global Markets personnel including Trading / Structuring / Sales, as well various support partners. Candidate must be comfortable working on transactions in a fast-paced capital markets/trading environment.
Required Job Skills:
- General knowledge of Hedge Funds, their strategies and derivative products
- A deep understanding as well as exposure to the derivative and structure products space
- Ability to manage significant deal volume in a fast-paced environment and products with heavy regulatory oversight
- Strong organizational, oral, and written communication skills, with ability to communicate effectively with all levels of risk, support, and business partners
- Proficiency with Bloomberg, Word, Excel and PowerPoint, along with ability to quickly learn new programs and applications
- Undergraduate degree in Finance, Business Administration or related fields.
- CFA/FRM or other professional qualification will be highly preferred
- Candidate should exhibit strong personal drive, individual initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility
- Formal bank credit training or equivalent is a plus
Job Band:
H6
Shift:
1st shift (United States of America)
Hours Per Week:
40
Weekly Schedule:
Referral Bonus Amount:
0
Job Description:
Job Description and Requirements
Responsible for all aspects of the credit management of Hedge Funds (HF). This is a high-volume and fast-moving portfolio that utilizes a risk-based approach to drive revenue while maintaining appropriate credit risk disciplines.
- 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 (IM) and evaluate transactional risks associated with OTC and exchange traded derivatives, securities financing and structured trades
- Trade approval: Hold delegated approval authority to approve trading floor request (OTC derivatives) or to make recommendations to higher authority levels.
- Relationship management: Build strong working relationship with external HF clients, internal business partners including Sales, Structuring & Trading, Risk counterparts, Legal and Audit Function
- Risk monitoring: Undertake regular exposure analysis including internal stress testing and IM backtesting. Monitoring of performance and AUM flow data received from HFs
- Trading documentation: Liaise with Legal and client in negotiating ISDA, CSA, GMRA etc.
- Portfolio reviews: Preparation of portfolio reports and reviews, including analysis of OTC and F&O exposures, any counterparties of concern and other pertinent risk issues.
Candidate will have significant exposure to Global Markets personnel including Trading / Structuring / Sales, as well various support partners. Candidate must be comfortable working on transactions in a fast-paced capital markets/trading environment.
Required Job Skills:
- General knowledge of Hedge Funds, their strategies and derivative products
- A deep understanding as well as exposure to the derivative and structure products space
- Ability to manage significant deal volume in a fast-paced environment and products with heavy regulatory oversight
- Strong organizational, oral, and written communication skills, with ability to communicate effectively with all levels of risk, support, and business partners
- Proficiency with Bloomberg, Word, Excel and PowerPoint, along with ability to quickly learn new programs and applications
- Undergraduate degree in Finance, Business Administration or related fields.
- CFA/FRM or other professional qualification will be highly preferred
- Candidate should exhibit strong personal drive, individual initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility
- Formal bank credit training or equivalent is a plus
Shift:
1st shift (United States of America)
Hours Per Week:
40
You need to sign in or create an account to save a job.
Sign in to create job alerts
Sign in or create an account to start creating job alerts and receive personalised job recommendations straight to your inbox.
Create alert