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

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

Corporate Title Director

Location New York

Overview

Credit Risk Management is a centralized risk-type function within the Chief Risk Office. Our CRM - Hedge Funds and Private Equity team provides critical risk oversight and expertise across various business units within the Corporate & Investment Bank, with a primary focus on the Fixed Income & Currencies businesses. As the Americas Head of Credit Risk Management - Hedge Funds and Private Equity, you will be a pivotal leader, responsible for overseeing and actively managing the credit risk profile of Deutsche Bank’s regional hedge fund and private equity client portfolio. This encompasses a diverse range of investment strategies, traded products, and structured lending solutions. Based in New York, you will report directly to the Global Head of CRM Funds in London, This role demands a seasoned professional capable of leading a team of experienced credit officers, acting as the key regional decision-maker, and serving as the primary escalation point for all credit-related matters within your remit.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs

What You’ll Do

• Strategic Leadership & Team Management: Lead, mentor, and develop a high-performing team of nine (9) credit officers across New York and Jacksonville. Provide strong guidance, expertise, and thought leadership, fostering a culture of excellence and continuous improvement

• Portfolio Oversight & Risk Management: Be ultimately accountable for managing the credit risk of the regional hedge fund and private equity portfolio. This includes approving complex and/or large transactions, particularly structured financing with private capital funds, and actively managing high-profile or higher-risk relationships

• Decision-Making & Escalation: Serve as the key regional decision-maker and primary escalation point for all credit-related issues within the Americas portfolio. This includes matters requiring urgent attention, such as missed margin calls or information indicating client financial distress, necessitating rapid assessment and decisive action

• Senior Stakeholder Engagement: Comfortably brief and engage with senior management and regulators on portfolio developments, emerging risk issues, and strategic risk appetite discussions. Build and maintain strong relationships with key internal stakeholders across various functions

• Due Diligence & Documentation: Participate in and lead credit due diligence meetings with clients to gain a comprehensive understanding of their investment processes, strategies, risk management frameworks, and traded products. Lead complex legal negotiations and approve non-standard documentation terms based on a thorough overall risk assessment

• Proactive Portfolio Management: Implement proactive monitoring and management strategies for large, concentrated, or illiquid exposures utilizing Deutsche Bank’s credit risk management and product monitoring systems. Ensure active portfolio management and maintain high data quality for all existing counterparties

How You’ll Lead

• Market & Regulatory Intelligence: Participate in regular meetings with CRM senior management and 1st Line of Defense to discuss market dynamics, top exposures, and stress names. Stay abreast of market developments, regulatory issues, and potential weaknesses or stress within the hedge fund and private equity sectors

• Senior Stakeholder Engagement: Comfortably brief and engage with senior management and regulators on portfolio developments, emerging risk issues, and strategic risk appetite discussions. Build and maintain strong relationships with key internal stakeholders across various functions

• Cross-Functional Collaboration: Liaise effectively with internal divisions such as Legal, Front Office Risk, Collateral Management, Compliance, and Exposure Management to assess and approve new or complex product offerings and transactions

Skills You’ll Need

• Extensive Leadership Experience: Minimum of extensive years of progressive experience in a leadership role, specifically managing hedge fund and/or private equity fund credit risk

• Deep Sector Expertise: Profound knowledge of credit risk management principles coupled with a solid understanding of hedge funds and private equity funds, including expertise in a broad range of investment strategies and their associated risks

• Master Trading Documentation Fluency: Strong understanding of master trading documentation (e.g., ISDA, GMRA, MSLA) and proven ability to guide and support the team during complex negotiations

• Crisis Management & Distressed Situations: Demonstrated experience in managing funds in distress and leading effectively during crisis situations is highly advantageous. Prior experience in managing private equity funds credit risk is strongly preferred

• Comprehensive Product Knowledge: In-depth knowledge of all major derivative instruments and their respective master agreements, with a full understanding of their risk characteristics

Skills That Will Help You Excel

• A Confident Leader: A decisive and inspiring leader capable of building trust and respect within a team of experienced credit professionals and with clients

• Technically Astute & Mentoring: A technically strong candidate with a proven ability to coach, mentor, and develop staff, consistently driving excellent results

• An Exceptional Communicator: An articulate and poised communicator, comfortable and effective in interacting with regulators, senior business leaders, and external clients

• A Strategic Thinker: Able to identify emerging risks, anticipate market shifts, and contribute strategically to the Bank's risk framework

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $170,000 to $280,500. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees https://careers.db.com/life

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We welcome applications from all people and promote a positive, fair and inclusive work environment.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.