Credit Risk Management For PE/PC Portfolio, AS

Role Description

• The Private Equity + Private Credit Credit Officer will be responsible for supporting the management of Deutsche Banks counterparty credit risk to US financial sponsor and private capital clients.
• You will work closely with onshore Primary Credit Officers in covering a broad funds portfolio, and will be closely involved in reviewing and monitoring the counterparties on an ongoing basis.
• The ideal professional will have prior experience covering private equity and private credit fund clients and will be comfortable performing rating analysis and drafting credit reviews.
• The Credit Officer will be a self-starter, able to manage their own workload with minimal guidance.The role will be part of a larger global funds team and will have both regional and global reporting lines.

Your key responsibilities

• Analysing and on-boarding of new Private Equity (PE) and Private Credit (PC) funds, perform the rating assessment, draft the addendum to add new funds, and set the PFE credit limit for trading
• For all new fund onboardings, complete the PE risk appetite and input CSA thresholds into dbGrip monitoring
• Timely drafting rating and credit analysis of PE Groups/Funds by identifying business and financial risk based on understanding of business model, financial statement analysis, NAV analysis and peer analysis.
• Reports outline areas including the background of the fund management company, investment strategy of underlying funds, risk and liquidity management, and performance. This written report will highlight the key risks associated with each counterparty and outline the credit officers view of the group/funds
• Active participation in Live trades with onshore credit officers (KCP) by understanding the trade dynamics, providing recommendation and completing the credit write-ups (Addendum) for the same.
• On-going monitoring & surveillance of assigned PE portfolios, including rating changes, market/industry developments, news events, etc and assessing the impact on credit worthiness of the counterparty, keeping DBs exposure in mind.
• Understand various trading products (FX/SWAP/Repo/Sec Lending etc) and credit documentation for the same. Support the KCP with appropriate checks and its inclusion in the credit reviews.
• Monitoring of limits/exposure: Updating Limit amendments and credit relevant data updates in the credit system. Exposure monitoring and timely clearance of Excess tickets.
• Timely monitoring of covenants, NAV triggers, internal stress test information, and performance/portfolio data received on a regular basis from fund clients and regular discussion with KCPs.
• Update financial reporting in GCRS for all PE funds - including NAV, Net Worth, Uncalled Capital and Liquidity
• Participate in ad-hoc projects related to portfolio exercises (industry/regional exercise), regulatory developments, sector notes, audit exercises and support onshore KCPs for various business strategies.
• Partner with colleagues across the globe including Credit officers (KCP) and other stakeholders (Business, Exposure managements, Legal and various ops teams) to ensure complete understanding of DBs exposure and timely completion of the credit reviews.
• Adhering strictly to compliance and operational risk controls in accordance with internal and regulatory standards, policies and practices; reporting weaknesses, compliance breaches and operational loss events.

Your skills and experience

• Relevant professional qualifications are MBA / CA / CFA, etc.
• Solid track record of working in risk management with a specialization in PE/PC funds and asset management companies across the globe
• Advanced knowledge of financial derivative products (FX/SWAP/MBS Forward/Repo/Sec Lending-Borrowing etc) and derivative documentation (ISDA/CSA/GMRA/GMSLA etc)
• Solid communication and interpersonal skills, stakeholder management abilities
• Superior ability to prioritize and manage time and various tasks running in parallel
• Strong comprehension, written, and verbal communication skills in English
• Must demonstrate ability to manage own time efficiently and effectively, and be able to multitask, absorb ideas and facts quickly, while maintaining a strict eye for detail