Credit Risk Management (CRM) Hedge Funds and Private Equity Team Head - Director

Deutsche Bank; London; Hybrid; GBP 80,000 - 150,000; Full time

Job description

Job Title: Credit Risk Management (CRM) Hedge Funds and Private Equity Team Head - Director

Location: London

Corporate Title: Director

Credit Risk is a centralised risk-type function within the Chief Risk Office. Credit Risk Management - Hedge Funds and Private Equity supports multiple business units across the Corporate & Investment Bank, primarily across the Fixed Income and Currencies businesses.

You will be responsible for managing the credit risk to Deutsche Bank’s European hedge fund and private equity clients. You will have responsibility for a large portfolio of hedge funds, private equity and hybrid funds, spanning a broad range of investment strategies, traded products and structured lending. This role will be based in London and will report into the Global Head of CRM Funds based in New York.

What we’ll offer you:

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them.
• Competitive salary and non-contributory pension.
• 30 days’ holiday plus bank holidays, with the option to purchase additional days.
• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits.
• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year.

Your key responsibilities:

• Manage the day-to-day activities of the team, provide strong guidance, leadership and expertise, and approve complex and/or large transactions, including structured financing transactions with private capital funds.
• Participate in credit due diligence meetings with clients to fully understand their investment process and strategy, risk management approach and products traded. Lead complex legal negotiations and approve non-standard documentation terms on the basis of overall risk assessment.
• Provide ongoing supervision of the preparation of annual credit reviews to ensure consistency, high standards and accurate ratings. Support credit officers in difficult discussions with the Business and/or clients.
• Proactively monitor and manage large, concentrated or illiquid exposures using the various credit risk management and product monitoring systems within Deutsche Bank.
• Work closely with the Business to set and manage the risk appetite for regional hedge funds and private equity funds, manage the pipeline of new counterparties, and identify potential offboard candidates.
• Serve as the escalation point for missed margin calls or upon information suggesting a client is in financial distress.

Your skills and experience:

• Solid experience in a leadership role managing hedge fund or private equity fund credit risk.
• Deep knowledge of credit risk management with solid understanding of hedge funds and private equity funds, including expertise on the broad range of investment strategies and their associated risks.
• Strong understanding of master trading documentation and ability to provide team with guidance during difficult negotiations.
• Experience handling funds in distress and ability to lead in a crisis is a plus. Prior experience in managing private equity funds credit risk is highly preferred.
• Strong product knowledge covering all major derivative instruments and their respective master agreements, with a full understanding of their respective risk characteristics.

How we’ll support you:

• Training and development to help you excel in your career.
• Flexible working to assist you balance your personal priorities.
• A culture of continuous learning to aid progression.

About us:

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named in The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

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.