CRO - Risk Specialist - Associate

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,