Why you should apply for a job to Merrill:
4.5/5 in supportive management
67% say women are treated fairly and equally to men
After working one year, employees can take up to 16 weeks of paid maternity, paternity, and adoption leave.
Life Event Services team provides resources and benefits for life events like retirement; loss of a loved one; or gender transition.
Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
#23001665
Position summary
Job Description:
Responsible for all aspects of the credit management of Hedge Funds (HF). This is a high-volume and fast-moving portfolio that utilizes a risk-based approach to drive revenue while maintaining appropriate credit risk disciplines.
• Credit analysis: Participate in initial and ongoing due diligence of HFs. Perform quantitative and qualitative credit assessment, setting internal ratings and recommending credit limits
• Initial margin calculation: Determine initial margin (IM) and evaluate transactional risks associated with OTC and exchange traded derivatives, securities financing and structured trades
• Trade approval: Hold delegated approval authority to approve trading floor request (OTC derivatives) or to make recommendations to higher authority levels.
• Relationship management: Build strong working relationship with external HF clients, internal business partners including Sales, Structuring & Trading, Risk counterparts, Legal and Audit Function
• Risk monitoring: Undertake regular exposure analysis including internal stress testing and IM backtesting. Monitoring of performance and AUM flow data received from HFs
• Trading documentation: Liaise with Legal and client in negotiating ISDA, CSA, GMRA etc.
• Portfolio reviews: Preparation of portfolio reports and reviews, including analysis of OTC and F&O exposures, any counterparties of concern and other pertinent risk issues.
Candidate will have significant exposure to Global Markets personnel including Trading / Structuring / Sales, as well various support partners. Candidate must be comfortable working on transactions in a fast-paced capital markets/trading environment.
Required Skills: "MUST" have these skills to be minimally qualified
15+ years of prior hedge fund risk management and/or hedge fund due diligence experience required
Proficient with Microsoft Office, General knowledge of Hedge Funds and financial derivatives
Desired Skills:
Bloomberg
Other Position Requirements:
Insurance License(s)
Designations
Training, post-hire assessment or certification as a condition of employment. (Not including compliance training)
Shift:
1st shift (United States of America)
Hours Per Week:
40
What are Merrill perks and benefits
Paid maternity
Paid paternity
Paid adoptive
About the company
Merrill Lynch Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals and businesses. We focus on helping all clients pursue their goals by uncovering client concerns and priorities and helping them develop portfolios that align with what they want to achieve, including planning for retirement, ...
Why you should apply for a job to Merrill:
4.5/5 in supportive management
67% say women are treated fairly and equally to men
After working one year, employees can take up to 16 weeks of paid maternity, paternity, and adoption leave.
Life Event Services team provides resources and benefits for life events like retirement; loss of a loved one; or gender transition.
Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
