New York, NY, 10176, USA
25 days ago
Director – Senior Alternatives Risk Manager (Hedge Funds/ Private Markets Risk Manager)
Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and structuring experience in the Private Market, Fund Financing and Family office space with a huge growth area of focus. By Joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. **Team/Role Overview:** The Credit Risk Manager will join the 1st LOD (line of defense), spanning various portfolios including Hedge Funds, Private markets Counterparties Full suite of Citi capabilities including – + HF: Prime Brokerage (EQ/FI/FX), ETD and OTC Clearing, Cross Portfolio Margining, Derivatives Trading across all products, Repo Financing, Structured Solutions, Management Company Financing; + PE Funds: Derivatives Trading across all products, Repo Financing, Management Company Financing, Subscription Credit Financing, Structured Solutions incl. NAV Financing, Secondaries Financing, Asset Backed Facilities etc. + Lead junior staff to manage portfolio of diverse set of counterparties and oversee annual reviews/limit exceptions + Responsibilities include regional team and portfolio leadership **What you’ll do:** + Role demands excellence in analysis, underwriting, monitoring, and drives global consistency across regions + Experience underwriting and supporting a portfolio of complex products + Strong knowledge of Derivatives and structured lending + Facilitate relationships with key clients in Banking and Risk What we’ll need from you **What we’ll need from you:** + Ability to understand capital markets products and complex financing and product structures + Significant risk/risk-related counterparty credit work experience in banking/financial institutions with expertise in the alternative investment counterparties + Demonstrates strong ethics and integrity + Strong leadership. Dynamic, flexible, and with strong communication skills + Can make decisions under pressure and short timeline + Excellent verbal & written communication skills. Active listening skills. + Excellent presentation skills – adept at presenting effectively to audiences of various sizes and various constituencies. **Qualifications:** + 15+ years financial services experience including credit experience in corporate and commercial bank + Regulatory experience or relevant experience in a similar role at another institution is desirable. + Fully conversant in credit policy matters + Good knowledge of capital markets products, including derivatives + Skilled at analyzing root causes of problems and anticipating “horizon” issues + Ability to coordinate and manage large review teams + Ability to work at senior levels and build constructive and effective relationships with peers + Effective analytical, written and oral communication skills + Project management skills **Education:** + Bachelor’s/University degree, Master’s degree preferred This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required. ------------------------------------------------------ **Job Family Group:** Risk Management ------------------------------------------------------ **Job Family:** Credit Decisions ------------------------------------------------------ **Time Type:** Full time ------------------------------------------------------ **Primary Location:** New York New York United States ------------------------------------------------------ **Primary Location Full Time Salary Range:** $170,000.00 - $300,000.00 In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire. ------------------------------------------------------ **Anticipated Posting Close Date:** Oct 23, 2024 ------------------------------------------------------ Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** . View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) . View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) . View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf) Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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