This is a credit risk analyst role based in Hong Kong that manages credit exposure to Hedge Fund (HF) counterparties located in Asia ex-Japan (AeJ). Good knowledge of OTC derivative trades is required for this role.
Undertake Due Diligence (DD) visits to, or calls with, with Hedge Fund clients, collect credit information necessary for undertaking credit analysis
Analyze Hedge Funds’ trading strategies, risk management processes & practices, performance metrics, operations, controls etc. and write high quality Credit Memos
Prescribe credit terms & covenants for legal documents such as ISDAs, CSAs, GMRAs etc.
Approve derivative trades on a daily basis for HF counterparties. Liaise with Credit Quant team and obtain Independent Amount (IA) or Initial Margin numbers for derivative trades.
Review NAV and Performance data for Hedge Funds under coverage on a monthly basis. Follow up with HF Managers who have not submitted monthly newsletters. Flag to supervisor, those Hedge Funds that exhibit deteriorating performance metrics.
Investigate credit limit breaches by speaking to Sales, Operations and Credit Risk Analytics team, determine the cause and escalate as per Credit Policies.
Skills, experience, qualifications and knowledge required:
Should have 7 years of work experience as a credit analyst analyzing Hedge Funds or Financial Institutions or as a Credit Quant in an investment bank
Good understanding of derivative trades and how ‘Independent Amount’ (IA) is calculated for them.
Should be highly numerate. Quant background and knowledge of excel modelling will be a definite advantage
Should be thorough and have an eye for details
Should have excellent report writing skills
Should have good inter-personal and strong verbal communication skills. Should be at ease in communicating with Sales and external clients
Should be able to work under time pressure
Working business knowledge of Mandarin language desirable, but not necessary.
If you are interested in finding out more about this career opportunity, please email your resume to Nestor Roldan, email@example.com Web: www.charterhouse.com.hk
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