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| Job Mode : | Temporary Job |
| Published On : | 2011-01-11 |
| Last Application Date : | 0 days remaining (2011-12-31) |
| Category : | Banking (Credit/Risk Management) |
| Pay Rate : | ��£600 - ��£800 per day |
| Location : | LU4 8SB |
| City : | Luton |
| Country : | United Kingdom |
| Job Posted By: | Randstad Employment Bureau Ltd |
| Jobs Publisher's Website: |
http://www.randstad.co.uk/ |
Job Description
Credit Risk - Hedge Funds - Docklands - London
A major financial services company requires an individual to join their company and to work within the Hedge Fund team. The Hedge Fund team within Credit Risk Management (CRM) is responsible for managing, approving, monitoring and controlling all credit risks with hedge funds based in the EMEA region. The team is also responsible for managing credit risks associated with our EMEA fund linked derivatives business. The hedge fund team is responsible for supporting all business areas in the EMEA region although our primary business partner is the Investment Banking division.
The successful candidate will be an experienced credit risk management professional who has worked at a major investment or global commercial bank.
This key credit risk role will see you:
* Managing the credit risks arising from a portfolio of hedge funds based in the EMEA region including several of the bank's key clients.
* Determining the risk appetite for individual or groups of hedge funds.
* Trade approvals: Analyse and approve transactions within existing limits or via a personal delegated credit authority.
* Setting transaction level initial margin amounts as appropriate. Re-structure or amend transactions if necessary to comply with risk appetite.
* Work closely with front office business units in our Global Securities group, including Fund Linked Derivatives, and other support areas, e.g. market risk and Legal in the creation of client solutions, as required.
* Undertaking risk focused due diligence meetings with clients;
* Credit risk analysis: Review and analysis of constitutional documentation; qualitative, quantitative and financial analysis to determine an internal credit ratings and risks at both the hedge fund group and individual fund level; and ultimately determination of our credit risk appetite;
* Trading documentation: Set credit risk related terms in trading documentation and liaise with our Legal department and clients or their lawyers, as appropriate;
* Monitor the investment performance and financial condition of each fund;
* Collaborate with colleagues in the front office and other support / control functions.
The successful candidate will be an experienced credit risk management professional already working in major commercial or investment bank. He or she is likely to have solid experience working in Credit Risk Management which includes experience covering hedge funds. The ideal candidate will have relevant university degree preferably in a finance, risk management, economics or quantitative discipline
Joslin Rowe soon to be Randstad Financial & Professional.
Joslin Rowe encourages applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Joslin Rowe acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003
Skills
Credit Risk, Hedge funds
For more information please visit here: http://www.randstad.co.uk/find-jobs/jobs/job-details.html?t=credit+risk&jl=london&l2=12379&j=3702184
