Product Specialist-Counterparty Credit Portfolio Management-Funds

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Global Markets Credit (GMC) is responsible for ensuring a comprehensive and consistent credit underwriting and monitoring process for Global Markets lending and trading activities. The GMC Portfolio Management Team is responsible for credit portfolio management, data analysis, and reporting of the GMC lending and trading portfolios. The Funds Portfolio Manager will be responsible for the creation, maintenance and improvements of reports and data analysis for the Hedge Fund and Regulated Fund portfolios.

As a Funds Portfolio Manager (PM), you will be integral in delivering Hedge Fund and Regulated Fund related counterparty credit risk reports, portfolio reviews, and presentations on a timely basis. The PM will contribute to a robust monitoring environment through analysis and written updates to management, while working closely with GMC Credit Officers, Portfolio Managers, and Risk colleagues. You will develop an understanding of Global Markets Credit as you analyze our Hedge Fund and Regulated Fund portfolios. The experience level of individuals in this role typically ranges from three to six years. Associated role title includes Credit Portfolio Manager.

Responsibilities:

• Assist with preparing critical risk overviews with accuracy and timeliness to support a strong risk monitoring environment
• Develop a strong understanding of Hedge Fund and Regulated Fund credit underwriting and monitoring process, as well as the stress testing framework and methodologies employed to the trading portfolio; identify and help implement opportunities to enhance efficiency
• Enable proactive risk management by evaluating credit risk, market risk/sensitivities, and stresses; partner with the broader team to produce recurring portfolio level and counterparty based combined credit and market risk reporting
• Collaborate closely with Credit Officers and other stakeholders to refine, adapt, or create specialized reporting/monitoring, data analysis, and data solutions in a fast paced, evolving environment
• Leverage AI solutions available bank-wide to drive efficiencies and reduce operational risks, ultimately resulting in time savings
• Support data integrity efforts by identifying, escalating, and driving resolution of data issues, coordinating with various partner groups to ensure timely remediation
• Uphold a strong control environment by designing and executing control checks, and developing and maintaining comprehensive process documentation
• Produce ad hoc reporting and presentations to meet emerging business needs and respond to shifts in the risk environment; contribute materials prepared for regulatory examinations and senior management requests

Required Qualifications:

• 3+ years of experience in counterparty credit risk, market risk, or credit portfolio management; at least 1 year experience with traded products portfolios (Hedge Funds, Regulated Funds), with an understanding of potential future exposure, stressed exposures, margin, and trading sensitivities, as well as trading agreements (ISDA, GMRA/MRA, FIA, PB)
• Understanding of traded products and businesses, including an understanding of Prime Brokerage
• Ability to understand and synthesize complex data sets
• Proficiency with SQL, Word, Excel, and PowerPoint, along with ability to quickly learn new programs and applications. Proficiency in VBA, Tableau, Alteryx, and Python is a plus.
• Personal drive and a sense of urgency and responsiveness with a willingness to grow, learn, and take on increasing levels of responsibility
• Desire to improve and streamline processes, and to troubleshoot independently

Skills:

• Data Collection and Entry
• Data and Trend Analysis
• Price Verification and Valuation
• Research Analysis
• Analytical Thinking
• Collateral Management
• Issue Management
• Policies, Procedures, and Guidelines Management
• Negotiation
• Research
• Risk Management
• Valuation Ethics and Practice Standards
• Vendor Management

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40