CRO - Risk Specialist - Associate

Job description

Job Description: Details of the Division and Team: The role supports the assessment and ongoing monitoring of hedge fund counterparties, providing credit analysis and risk oversight across a diverse portfolio of clients. Responsibilities include conducting credit due diligence, analysing investment strategies and risk management frameworks, preparing credit assessments, and supporting the establishment of appropriate credit, financing, and derivatives limits. The Associate Credit Risk Officer will work closely with senior Credit Officers in the review of hedge fund counterparties across a broad range of investment strategies and products, including derivatives, financing transactions and securities financing activities. The role offers exposure to complex financial products, hedge fund structures and counterparty risk management within a global risk environment. The successful candidate will contribute to credit reviews, transaction analysis, portfolio monitoring and risk reporting, while developing a strong understanding of hedge fund business models, financial markets and risk management practices. The Associate will report to the Head of Funds and work as part of a global team responsible for managing Deutsche Bank's credit exposure to hedge fund counterparties. What we will offer you: A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center. You can expect: Competitive Salary and non-contributory pension 20 days annual leave plus generous number of public holidays Life Assurance and Private Healthcare for you and your family A range of flexible benefits including retail discounts, gym benefits, wellbeing incentives The opportunity to support a wide ranging CSR program plus take volunteering leave days Your key responsibilities: Support due diligence reviews for new hedge fund relationships, participating in meetings with investment, risk, operations and investor relations teams to assess investment strategies, risk controls, operational infrastructure and liquidity management practices. Prepare credit assessments and annual reviews covering investment performance, portfolio composition, leverage, liquidity, financing arrangements, valuation practices and operational risk considerations. Assist senior Credit Officers in determining appropriate risk appetite, credit limits and transaction structures. Analyse proposed client transactions, including OTC derivatives, foreign exchange, securities financing and financing facilities, identifying key risks and supporting approval recommendations. Monitor portfolio developments, utilisation trends, collateral positions, market events and emerging risk indicators. Review fund reporting, investor disclosures, financial statements and risk reports to identify material developments and changes in risk profile. Assist with the review of legal documentation, including ISDA Master Agreements, Credit Support Annexes and other trading agreements, working alongside Legal and senior risk colleagues. Prepare management information, portfolio reporting and presentations for governance forums and senior stakeholders. Work closely with Front Office, Financing, Legal, Operations and Collateral Management teams to support client activity while maintaining adherence to risk standards and policies. Maintain awareness of developments in hedge fund markets, investment strategies, financing structures and regulatory requirements affecting counterparty risk. Develop relationships with internal stakeholders and support ongoing engagement with hedge fund counterparties and industry participants. Your skills and experience Relevant experience in credit risk, market risk, counterparty risk, fund research, investment risk, portfolio analytics, valuations, audit, consulting, asset management or a related field. Basic understanding of hedge fund structures and investment strategies, including long/short equity, macro, relative value, multi-strategy or credit strategies. Exposure to financial statement analysis, investment performance analysis and risk assessment techniques. Familiarity with derivatives, securities financing or capital markets products would be beneficial but is not essential. A CFA designation or progress towards CFA, FRM or a similar professional qualification would be advantageous. Degree-level education or equivalent in Finance, Economics, Mathematics, Accounting or a related discipline. Strong analytical and quantitative skills with the ability to interpret and synthesise complex information. Excellent written and verbal communication skills with the ability to present findings in a clear and concise manner. Proficiency in Excel and other analytical tools. Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs. You Will Be Curious and eager to develop expertise in hedge fund credit and counterparty risk. A strong analytical thinker with good judgement and attention to detail. Comfortable working with large amounts of information and drawing balanced conclusions. A collaborative team player who works effectively across functions and regions. Organised and capable of managing multiple priorities in a fast-paced environment. Confident communicating with colleagues at different levels of seniority. Proactive, self-motivated and committed to continuous learning. How we’ll support you: Flexible working to assist you balance your personal priorities Coaching and support from experts in your team A culture of continuous learning to aid progression A range of flexible benefits that you can tailor to suit your needs Training and development to help you excel in your career About us and our teams: Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do globally and in Hong Kong . Deutsche Bank & Diversity We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment.