Hedge Fund Credit Analyst

Hedge Fund Credit Analyst

City of London

Permanent

Up to £95,000

cer Financial are working alongside a really interesting and progressive mid-tier bank who are based in the City of London. They are seeking a Credit Analyst to work with them on a permanent basis to work on a portfolio of Hedge Fund clientele.

The Responsibilities of a Credit Analyst Will Include:

·Discussion of the dynamics and nature of the Client's Funds portfolio, including key risk aspects.

·Assessment of the Client's competitive positioning within the industry.

·Discussion of management strength, experience and track record and corporate governance more broadly.

·Articulation of the Client's strategy and investment themes and an assessment of its fund's portfolio

·Utilize both qualitative and quantitative skills in analysing funds and be knowledgeable about a wide variety of capital markets products including FX, credit derivatives, interest rate swaps, as well as loan products. Become knowledgeable about capital markets access in Asia, Middle East and Africa and keep current with products, economic, political, regulatory and market trends.

·Interact with RMs/ARMs and clients directly to gather financial statements and other information/inputs for performing quality analysis and due diligence.

·Responsible for credit due diligence of Hedge Funds clients, some private equity and some real money funds,  including but not limited to assessing, managing, and monitoring the credit risk and facilitating market access through the proposing and setting of credit limits.

·Evaluation of risks associated with particular proposed transactions, where required.

·Completion of Group Mandate/BCA Part 1, Part 2, financial analysis, scorecards.

·Ensure use of appropriate calculator in alignment with Credit Policy for relevant approvals (e.g. Raptor)

·Complete ESR 

·For Cat 2 lines, complete Cat 2 substantiation assessment 

·For client requiring Master Agreement documentation, preparation, and submission of Credit Term Sheets.

·Documentation support on credit aspects and working with IMO on BCA reworks.

·Testing and Monitoring Covenants & Risk Triggers; EAR & ASTAR reporting/updates to credit.

·Seek pre-approval endorsements. 

·Preparing country specific regulatory checklists (where applicable).

·Credit stress testing.

·FICC / FIRC Certification, as appropriate.

·Proactive monitoring of key fund or industry wide events and/or developments, as well as of covenants and risk triggers where applicable

·Partnering Relationship Managers in pursuing their client strategies through proactive idea generation, support in preparing materials for client discussion and through ensuring they are always fully briefed on key risk aspects.

·Partnering Risk through clear presentation of credit analysis and proposed credit grading.

The Successful Credit Analyst Will Have:

·Minimum 18m -2yrs experience in credit analysis, ideally in financial institutions and especially with exposure to Hedge Funds on-boarding at financial institutions.

·Basic understanding of Fund types, legal structures, industry standards and general on-boarding dynamics in this specialist client space is preferred.

·Experience in client engagement, both internally and externally. Includes working with senior management, legal teams, external counsel, and product partners.

·Strong analytical ability, focused on the assessment and calibration of credit risk.

·Good Excel skills and ability to manipulate and access large data files.

·Graduates / Graduate calibre

·Sound knowledge of accounting, financial principles and derivatives gained by experience or qualification.

·MBA or CFA qualifications advantageous, but not required.