Hybrid Credit Analyst III – Hedge Funds, Global Markets Credit

Posted 6 minutes ago

Apply now

About the role

  • Credit Analyst responsible for underwriting Hedge Funds within Bank of America’s Global Markets. Managing credit lines, trade approvals, and relationship management in a fast-paced environment.

Responsibilities

  • Responsible for all aspects of the underwriting and credit management of Hedge Funds (HF) for the Global Markets business
  • Participate in initial and ongoing due diligence of HFs
  • Perform quantitative and qualitative credit assessment, setting internal ratings and recommending credit limits
  • Determine initial margin (IM) and evaluate transactional risks associated with OTC and exchange traded derivatives, securities financing and structured trades
  • Hold delegated approval authority to approve trading floor request (OTC derivatives) or to make recommendations to higher authority levels
  • Build strong working relationship with external HF clients, internal business partners including Sales, Structuring & Trading, Risk counterparts, Legal and Audit Function
  • Undertake regular exposure analysis including internal stress testing and IM back testing
  • Liaise with Legal and client in negotiating ISDA, CSA, GMRA etc.
  • Preparation of portfolio reports and reviews, including analysis of OTC and F&O exposures, any counterparties of concern and other pertinent risk issues.

Requirements

  • 2+ years of experience in counterparty credit risk, market risk, or credit underwriting related activities within a financial institution or regulated fund environment
  • Proficient with Microsoft Office
  • General knowledge of Hedge Funds, their strategies and financial derivatives
  • Must be comfortable working on transactions in a fast-paced capital markets/trading environment.

Benefits

  • Discretionary incentive eligible
  • Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors
  • Flexible work arrangements
  • Industry-leading benefits
  • Access to paid time off

Job title

Credit Analyst III – Hedge Funds, Global Markets Credit

Job type

Experience level

JuniorMid level

Salary

$60,800 - $110,000 per year

Degree requirement

High School Diploma

Location requirements

Report this job

See something inaccurate? Let us know and we'll update the listing.

Report job