ZipRecruiter

Log In

1

Credit Risk Hedge Funds Jobs (NOW HIRING)

Careers at KKR

VP, Credit Risk Modeling

New York, NY · On-site

$160K - $175K/yr

... partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and ... Build and own portfolio credit risk models that quantify tail losses from default and rating ...

CIBC

Sr. Director, Trading Credit Risk

New York, NY

... including hedge funds, funds/SPVs, pensions, insurance companies, brokers, banks, CCPs and ... The department manages credit and counterparty credit risk on a large set of counterparties ...

New

Goldman Sachs Bank AG

Credit Risk

Salt Lake City, UT · On-site

$90 - $170/hr

Assess the financial strength of hedge funds by performing fundamental counterparty analysis ... internal risk rating for each counterparty and setting credit limits Basic Qualifications:

BNY

Specialist, Credit Risk

Manhattan, NY · On-site

... Hedge Funds, Private Equity Funds * Analyzing financial performance of clients and assessing the ... entity's risk profile * Establishing and monitoring credit limits including Repo, FX and OTC ...

BNY Mellon

Specialist, Credit Risk

Manhattan, NY · On-site

... Hedge Funds, Private Equity Funds * Analyzing financial performance of clients and assessing the ... entity's risk profile * Establishing and monitoring credit limits including Repo, FX and OTC ...

BNY Mellon

Specialist, Credit Risk

Manhattan, NY · On-site

... Hedge Funds, Private Equity Funds * Analyzing financial performance of clients and assessing the ... entity's risk profile * Establishing and monitoring credit limits including Repo, FX and OTC ...

BNY

Specialist, Credit Risk

Manhattan, NY

... Hedge Funds, Private Equity Funds * Analyzing financial performance of clients and assessing the ... entity's risk profile * Establishing and monitoring credit limits including Repo, FX and OTC ...

BNY

Specialist, Credit Risk

Manhattan, NY · On-site

... Hedge Funds, Private Equity Funds * Analyzing financial performance of clients and assessing the ... entity's risk profile * Establishing and monitoring credit limits including Repo, FX and OTC ...

BNY Mellon

Specialist, Credit Risk

Manhattan, NY · On-site

... Hedge Funds, Private Equity Funds * Analyzing financial performance of clients and assessing the ... entity's risk profile * Establishing and monitoring credit limits including Repo, FX and OTC ...

DV Trading

Credit Risk Manager

Chicago, IL

... markets and hedging opportunities to commodity producers and users. Now, DV group affiliates ... DV is looking for a Credit Risk Manager to lead its counterparty and credit risk management ...

DV Trading

Credit Risk Manager

Chicago, IL

$150K - $200K/yr

... markets and hedging opportunities to commodity producers and users. Now, DV group affiliates ... DV is looking for a Credit Risk Manager to lead its counterparty and credit risk management ...

previous page

Showing results 41-60

All Jobscredit risk Jobshedge funds JobsCredit Risk Hedge Funds Jobs

Credit Risk Hedge Funds information

See salary details

$50K

$109.3K

$183K

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

As of Aug 23, 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.

What is a credit risk hedge fund?

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.

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.

How do I get into a credit risk hedge funds?

To work in a credit risk hedge fund, candidates typically need a strong background in finance, economics, or related fields, along with experience in credit analysis, risk management, or trading. Relevant skills include financial modeling, proficiency with tools like Excel and Bloomberg, and often a CFA or similar certification. Networking and internships at financial firms can also improve chances of entering this competitive environment.

How much do credit risk hedge funds analysts make?

Credit risk hedge fund analysts typically earn between $80,000 and $150,000 annually at entry-level, with experienced analysts and senior roles earning $200,000 or more, including bonuses. Compensation varies based on firm size, location, and individual performance, often supplemented by performance-based incentives and profit sharing.

What does a credit risk hedge funds analyst do?

A credit risk hedge funds analyst evaluates the creditworthiness of debt instruments and counterparties to identify potential risks to the fund's investments. They analyze financial statements, market data, and economic trends, often using financial modeling and risk assessment tools, to inform investment decisions and manage credit exposure.
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 August 2026, with employment types broken down into 84% Full Time, and 16% Part Time. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $109,314 per year, or $52.6 per hour.

VP, Credit Risk Modeling

Careers at KKR

New York, NY • On-site

$160K - $175K/yr

Full-time

Re-posted 24 days ago

Job description

COMPANY OVERVIEW
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries.
The Opportunity
Global Atlantic, a KKR company, is one of the largest insurance and reinsurance platforms in Bermuda, managing over $110 billion across multiple entities. As the portfolio grows in scale and complexity - spanning structured credit, mortgage loans, corporate bonds, and alternative assets - we are investing in a dedicated credit modeling capability to help the firm understand and quantify tail credit risk across the full investment book. This VP role will lead the development of models that measure portfolio-level default and downgrade exposure, inform capital allocation, and strengthen our risk framework.
Responsibilities:
  • Build and own portfolio credit risk models that quantify tail losses from default and rating migration across asset classes
  • Develop a credit risk framework: calibrate transition matrices, model correlated credit migration, and produce full loss distributions to measure tail risk at the portfolio level
  • Calibrate asset-class-specific inputs - transition probabilities, loss given default, recovery rates, and credit spreads
  • Translate model outputs into actionable capital metrics: compute expected loss, cost of downgrade, and tail risk measures by rating and tenor to support portfolio construction, and limit-setting decisions
  • Build production-quality Python pipelines for model execution, data processing, and automated reporting; deliver clear visualizations and summaries for senior leadership and the Board
  • Partner with investment teams, and finance to embed credit risk analytics into portfolio monitoring, stress testing, and strategic asset allocation

Qualifications Required:
  • 8-12 years in credit risk modeling, quantitative finance, or insurance capital modeling.
  • Deep expertise in portfolio credit risk frameworks - transition matrices, Monte Carlo simulation, correlated default modeling, and tail risk measurement.
  • Production-quality Python skills.
  • Experience calibrating and validating credit models.
  • Strong written communication for technical and executive audiences.
  • Comprehensive user of AI tools.

Preferred:
  • Insurance regulatory capital experience (Bermuda, Solvency II, or NAIC RBC).
  • Structured credit modeling (CLO engines, CMBS/RMBS loss models).

This is the expected annual base salary range for this New York-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance. Base Salary Range - $160,000 to $175,000
#LI-Onsite
KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
KKR will provide reasonable accommodations as required by applicable federal, state, and/or local laws. Individuals seeking an accommodation for the application or interview process should email Benefits@kkr.com. Emails sent for unrelated issues, such as following up on an application, will not receive a response.
If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access https://www.kkr.com/careers because of your disability. You can request reasonable accommodations by sending an email to Benefits@kkr.com. Only emails left for this purpose will be returned.
Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. This notice applies only to applicants and employees who work or will work in Massachusetts, in accordance with applicable state law.

Apply