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Credit Risk Hedge Funds Jobs (NOW HIRING)

UBS

Credit Risk Officer - Hedge Funds

New York, NY · On-site

$140K - $188K/yr

... hedge funds, family offices and private equity funds. You will serve as a Credit Officer focusing on quantitative risk assessment of transactions and hedge fund counterparty credit analysis. Your ...

BNY

Senior Vice President, Credit Risk

Manhattan, NY

This role is located in New York City, New York BNY is seeking a Senior Counterparty Credit Risk professional with experience covering Alternative Asset Managers (Hedge Funds, Private Equity, Private ...

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$50K

$109.3K

$183K

How much do credit risk hedge funds jobs pay per year?

As of Aug 3, 2026, the average yearly pay for credit risk hedge funds in the United States is $109,314.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,000.00 and $142,000.00 per year, depending on experience, location, and employer.

How does a Credit Risk professional in a hedge fund typically collaborate with portfolio managers and traders?

In a hedge fund setting, Credit Risk professionals work closely with portfolio managers and traders to assess and manage the creditworthiness of counterparties and investment opportunities. They provide timely risk analysis and limits, review structured deals, and flag potential credit concerns before trades are executed. Regular communication ensures that risk exposures align with the fund's risk appetite, and credit risk staff often participate in investment committee meetings, contributing valuable insights that help balance risk and return. This collaborative approach is essential for maintaining a robust risk management framework and supporting informed investment decisions.

What are Credit Risk Hedge Funds?

Credit Risk Hedge Funds are investment funds that specialize in strategies related to the creditworthiness of borrowers. These funds analyze and invest in securities, such as corporate bonds or credit default swaps, based on their assessment of a company's or government's ability to repay debt. By leveraging sophisticated credit analysis, these hedge funds aim to profit from changes in credit spreads, defaults, or other credit events. They often use a variety of instruments to manage risk and can take both long and short positions in credit markets. This approach allows them to seek returns that are less correlated with traditional equity markets.

What are the key skills and qualifications needed to thrive as a Credit Risk professional in Hedge Funds, and why are they important?

To thrive as a Credit Risk professional in hedge funds, you need strong quantitative analysis, financial modeling, and credit assessment skills, typically supported by a degree in finance, economics, or a related field. Familiarity with credit risk management systems, Bloomberg Terminal, and advanced Excel or programming tools like Python is highly valued, along with relevant certifications such as CFA or FRM. Excellent attention to detail, critical thinking, and effective communication are crucial soft skills for interpreting complex data and presenting findings to stakeholders. These competencies are essential for identifying, evaluating, and mitigating credit risks, ultimately protecting the fund's assets and supporting sound investment decisions.
More about Credit Risk Hedge Funds jobs
What are the most commonly searched types of Credit Risk Hedge Funds jobs? The most popular types of Credit Risk Hedge Funds jobs are:
What job categories do people searching Credit Risk Hedge Funds jobs look for? The top searched job categories for Credit Risk Hedge Funds jobs are:
Credit Risk Hedge Funds jobs near you
Infographic showing various Credit Risk Hedge Funds job openings in the United States as of July 2026, with employment types broken down into 86% Full Time, and 14% Part Time. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $109,314 per year, or $52.6 per hour.

Credit Risk Management - Hedge Funds / Private Equity

Nomura International

Manhattan, NY • On-site

$220K - $250K/yr

Full-time

Medical, Retirement, PTO

Re-posted 5 days ago

Job description

Job title: Credit Risk Management - Hedge Funds / Private Equity
Corporate Title: Executive Director
Department: Risk Management
Location: New York
The pay range for this position at commencement of employment is expected to be between $220,000 and $250,000/year*
* (see below footnote for additional compensation and benefits information).
Company overview
Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.
Aon's Benefit Index®, Nomura's benefits rank #1 amongst our competitors
Division Overview:
Credit Risk Management (CRM) is a key function in protecting the Firm and ensuring prudent risk-taking. CRM is responsible for analyzing counterparty creditworthiness, assigning internal credit ratings, establishing and managing credit risk limits in accordance with the risk tolerance. In addition, CRM measures and controls credit exposure associated with lending, financing and trading activities. CRM is a "Second Line of Defense" control function.
Within CRM, the Hedge Funds (HF) and Private Equity (PE) credit team is responsible for managing all credit risk involving this large and diverse set of clients. The HF & PE Team sits within the Counterparty Credit Risk silo organizationally and works closely with colleagues in other areas of risk and other functions globally including, Front Office, Legal, Finance, Operations and Collateral Management.
Role Description:
The candidate will be responsible for independently managing and monitoring exposure to a diverse portfolio of fund counterparties generated by activities including OTC derivatives, securities financing, prime brokerage, loan agreements, and other structured or bespoke transactions. The role requires strong technical expertise in hedge fund and private equity fund credit risk, proven stakeholder management skills, and the ability to lead and develop a high-performing team.
Key Responsibilities
  • Lead and manage a team within the Hedge Funds and Private Equity Funds Credit Risk team in New York, providing day-to-day oversight and guidance to a team of VPs, Associates and Analysts
  • Review and approve credit memos, ratings and limits under delegated authority; assess creditworthiness of hedge funds and private equity funds through comprehensive analysis of fund strategy, performance attribution, liquidity profile, leverage, and manager or sponsor strength
  • Conduct due diligence visits and calls with HF and PE clients; analyze trading strategies, risk management frameworks, performance metrics, operational controls and governance structures to produce high-quality credit assessments
  • Collaborate with Front Office Risk and other risk functions to understand stress loss scenarios; perform ongoing monitoring including monthly/quarterly NAV reviews, performance attribution analysis, and proactive identification of deteriorating credit quality; review credit limit breaches and recommend appropriate credit actions when risk appetite thresholds are exceeded
  • Review and approve trading activity, margin requirements and structural enhancements to transactions; oversee daily trade approvals in coordination with other risk teams and establish appropriate margining requirements
  • Define credit terms and covenants for legal documentation including Prime Brokerage agreements, ISDA/CSA, GMRA, and negotiate legal documentation while maintaining thorough understanding of associated covenants
  • Maintain close communication with HF and PE team leads globally and monitor international risk developments; present comprehensive Americas portfolio risk summaries at global risk review calls and regional/global risk committees
  • Establish and maintain constructive relationships with Front Office, Market Risk, Legal, Operations, Compliance and Finance; oversee client engagement and credit standards in coordination with key firmwide stakeholders
  • Support enhancement of specialized data analytics and portfolio monitoring tools; lead or participate in firmwide projects such as credit policy development, system implementations, and regulatory

Skills, experience, qualifications and knowledge required:
  • 12+ years of relevant experience in managing credit risk to Hedge Funds and/or Private Equity Funds at a major financial institution, with proven team management experience including application of delegated approval authority
  • Deep understanding of alternative investment strategies and well-versed in leading client due diligence meetings; experience in both hedge funds and private equity transactions/structures strongly preferred
  • Strong knowledge of all major derivative instruments and Prime Brokerage products/services with full understanding of their respective risk characteristics; thorough understanding of master trading documentation (ISDA, CSA, GMRA, F&O, Prime Brokerage agreements)
  • Strong quantitative skills with ability to interpret complex risk metrics for informed credit decision-making; comprehensive understanding of portfolio trade risks and credit risk frameworks
  • Proven ability to lead, develop and mentor analysts in a fast-paced, high-pressure environment with ability to prioritize and complete tasks according to project needs
  • Excellent interpersonal and communication skills with demonstrated ability to engage effectively with Sales teams, Front Office, and external clients at all levels; strong negotiation and consensus-building abilities
  • Experience working closely with various business partners such as sales/trading, market risk, legal, operations and client integration; demonstrated business and project management acumen with executive presence

Bachelor's degree in Finance, Economics, Mathematics, or related field required; advanced degree
Nomura Competencies
Explore Insights & Vision
  • Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.

Making Strategic Decisions
  • Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.

Inspire Entrepreneurship in People
  • Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.

Elevate Organizational Capability
  • Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.

Inclusion
  • Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired in the U.S., employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors".
Nomura is an Equal Opportunity Employer

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