Credit Risk Analyst (Hedge Funds)

Credit Risk Analyst (Hedge Funds) (SG Americas Securities LLC, New York, NY)

Multiple positions available. Participate in funds due diligence meetings, including completing minutes from due diligence meetings and client ratings; Prepare hedge funds annual review templates with all required information (fund information and documentation, performance and NAV statistics etc.); Monitor exposures and analyze various counterparty risk reports (daily PNL report, ad hoc client reporting, margin calls, disputes etc.); Assist in negotiating credit terms of Legal agreements (ISDA, GMRA, Clearing agreements etc.); Monitor portfolio and address daily overshoots across all applicable metrics; Build proficiency with all systems used by the Group; Develop, test and deliver solutions relating to assigned projects and goals as applicable; Assist in performing funds due diligence including the review of relevant documentation, analyzing investment and operational risks, performing background checks, arranging and attending on-site due diligence meetings and drafting well-written due diligence documents; Assist in opining on transactions and associated risks and limits; Continuously monitor across a broad range of metrics and indicators and management of counterparty exposures in accordance with developing market conditions, counterparty risk profile and defined risk appetite; Follow up on limit, threshold and policy breaches; Maintain up to date risk information and the ongoing monitoring of funds performance and creditworthiness; and Enforce procedures designed to mitigate against losses in the event that a counterparty defaults, assisting in negotiating credit terms of legal documents (e.g. ISDA ATEs). Requires up to 5% domestic travel. Partial telecommuting permitted; on-site at 245 Park Ave., New York, NY 10167 when not telecommuting. Salary: $112,778 - $150,000 per year.