Senior Credit Risk Officer – Hedge Funds & Private Equity - SVP

**Job Description** Citi is looking for a Senior Credit Risk Officer specializing in alternative investment counterparties — including Hedge Funds and Private Equity — to join its Institutional Credit Management (ICM) team as a senior member of the global underwriting function. In this role, you will assess and manage counterparty credit risk across a sophisticated product suite spanning Prime Brokerage, Futures and Clearing, OTC, and Structured Lending, sitting at the intersection of risk oversight and front-line business partnership. Your work will directly shape Citi's risk positioning across alternative investment clients, driving global consistency and best-in-class credit standards. **Responsibilities** - Evaluate counterparty credit risk across a complex portfolio of alternative investment clients, including Hedge Funds, Private Equity firms, and Business Development Companies (BDCs), covering the full range of products from Prime Brokerage to Structured Lending. - Lead credit underwriting decisions for sophisticated financing structures, including subscription credit facilities, Fund Financing, OTC, ensuring rigorous risk/return assessment on every transaction. - Assess and monitor portfolio risk on an ongoing basis, identifying emerging exposures and ensuring timely escalation and remediation in line with credit risk standards. - Provide well-reasoned, balanced risk assessments on new and existing client relationships, clearly articulating trade-offs between risk and return to senior stakeholders and independent risk partners. - Build and maintain strong relationships with key alternative investment clients, internal business partners, and Second Line of Defense risk teams to ensure aligned and responsive credit oversight. - Drive global consistency in underwriting standards and credit monitoring practices, collaborating with regional peers to embed and scale best practices across the platform. - Interpret local market conditions, regulatory frameworks, and competitive dynamics to inform nuanced credit decisions across jurisdictions. **Required Qualifications & Skills** - 8 or more years of credit experience within financial services, gained across Banking, Trading, Structuring, or Credit Risk Management, with a clear focus on counterparty credit risk for alternative investment managers. - Deep expertise in alternative investment counterparties — specifically Hedge Funds and Private Equity — with the ability to assess complex fund structures, financing arrangements, and associated risk profiles. - Hands-on underwriting experience across multiple product types, including Prime Brokerage, Structured Lending, Fund Financing, and FX. - Strong command of capital markets products and complex financing structures, enabling independent and well-informed credit judgement. - Degree in Finance, Accounting, Business, or a related discipline. - Ability to make clear, well-supported decisions under pressure and within tight timelines, demonstrating consistent integrity and sound professional ethics. - Excellent written and verbal communication skills, with the ability to present complex risk analysis persuasively to diverse audiences, including senior leadership and external clients. **Beneficial Skills & Qualifications** - Postgraduate qualifications such as an MBA, CFA, or CPA, demonstrating advanced financial expertise and analytical rigor. - Formal credit training from a recognized banking or financial institution. - Familiarity with local market dynamics, regulatory frameworks, and competitive positioning within the alternatives space. - Underwriting experience spanning various products (e.g. subscription call facilities, Hedge Fund, Private Equity, Fund Financing, FX, Derivatives, Prime Brokerage, and structured lending). **What We Offer** At Citi, you will be part of a globally connected team that operates at the forefront of institutional credit risk for some of the world's most sophisticated alternative investment clients…