AVP, Hedge Fund Credit Risk

New York, New York Permanent USD115,000 - USD160,000 per year View Job Description
This role is ideal for someone currently at the Associate or AVP level who has hands‑on experience assessing fund structures, analyzing trading counterparties, and working closely with front office teams. The position offers meaningful ownership, cross‑asset exposure, and the ability to influence risk decisions across a fast‑moving business.
  • Broad hedge fund and asset manager exposure.
  • High‑visibility role with senior leadership.

About Our Client

A global financial institution is seeking an AVP to join its Credit Risk team, focusing on hedge fund counterparty risk and broker‑dealer credit exposures.

Job Description

Key Responsibilities

  • Conduct credit due diligence on hedge funds, asset managers, broker‑dealers, and other institutional counterparties.
  • Evaluate financials, performance, liquidity, strategy complexity, leverage, and structural risks.
  • Review and challenge counterparty onboarding proposals, credit limits, margin frameworks, and risk ratings.
  • Partner closely with prime brokerage, FICC, equities, and trading desks to understand exposure drivers and transaction structures.
  • Monitor ongoing creditworthiness, including stress testing, scenario analysis, and exposure trend reviews.
  • Prepare clear written recommendations for credit committees and senior risk leadership.
  • Identify early warning indicators and escalate material credit concerns promptly.
  • Contribute to policy enhancements, risk methodology projects, and process improvements.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

Qualifications

  • 4-8+ years of credit risk experience within a bank, broker‑dealer, prime brokerage, asset manager, or similar financial institution.
  • Strong understanding of hedge fund strategies, financing structures, margining, and collateral practices.
  • Familiarity with broker‑dealer regulatory frameworks and capital/liquidity considerations.
  • Excellent analytical skills with the ability to interpret complex financial information.
  • Comfort interacting with senior stakeholders and challenging assumptions when necessary.
  • Strong writing skills and the ability to produce concise, decision‑ready credit memos.
  • Bachelor's degree required; advanced degrees or certifications (CFA/FRM) are a plus.

What's on Offer

$115,000-$165,000 (depending on experience)

Contact
Lauren VanManen
Quote job ref
JN-032026-6961957

Job summary

Sector
Banking & Financial Services
Sub Sector
Credit Analysis & Research
Industry
Financial Services
Location
New York
Contract Type
Permanent
Consultant name
Lauren VanManen
Job Reference
JN-032026-6961957