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SVP, Credit Risk – Hedge Funds & Alternative Investments

Job Req Id:
26945569
Location(s):
New York, New York, United States
Job Type:
Hybrid
Posted:
Mar. 19, 2026

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Job Overview

Institutional Credit Management (ICM) is a core First Line of Defense function responsible for wholesale and counterparty credit risk management across Citi’s Markets and institutional businesses. ICM partners closely with Front Office and Independent Risk to deliver disciplined underwriting, robust portfolio oversight, and consistent global risk standards while supporting sustainable client growth.


We are seeking a Senior Vice President, Hedge Fund Credit Portfolio Manager to join the global underwriting team focused on Alternative Asset Managers, including Hedge Funds, Private Equity firms, and related investment structures (e.g., BDCs). The role spans a broad range of products including Prime Brokerage, Futures & Clearing, OTC derivatives, repo, and structured financing.


This is a senior, judgment‑driven SVP role with material portfolio responsibility, global exposure, and frequent engagement with senior Markets, Risk, and client stakeholders, based in New York, Citi’s global hub for Alternatives and counterparty credit risk.

Role Overview

The Hedge Fund Credit Portfolio Manager (SVP) is responsible for underwriting, monitoring, and managing counterparty credit exposure across a complex Alternatives portfolio. The role requires deep technical expertise in hedge fund business models, capital markets products, and risk mitigation techniques, alongside the ability to make sound decisions in dynamic market environments

Key Responsibilities

Credit Underwriting & Risk Judgment

  • Assess transaction‑level and portfolio‑level risk across a wide range of hedge fund strategies and financing structures
  • Lead or review underwriting for complex exposures, ensuring alignment with risk appetite and policy
  • Apply rigorous risk analysis across Prime Brokerage, repo, derivatives, fund financing, and structured lending

Portfolio Management & Monitoring

  • Own ongoing monitoring of a hedge fund and alternatives counterparty portfolio
  • Identify emerging risks, liquidity pressures, and concentration issues; escalate proactively
  • Evaluate stress scenarios, market dislocations, and idiosyncratic counterparty events

Stakeholder & Client Partnership

  • Act as a senior risk partner to Front Office, product teams, and Independent Risk (2LoD)
  • Participate in key client discussions related to risk framework, limits, and exposure
  • Provide balanced, well‑reasoned views on risk/return trade‑offs to support business objectives

Governance & Best Practices

  • Contribute to global underwriting consistency and portfolio governance standards
  • Support senior risk committees, portfolio reviews, and regulatory interactions
  • Apply a strong controls mindset and ensure adherence to internal policies and regulatory expectations

Experience & Qualifications

  • 8+ years of experience in counterparty credit, credit risk management, structuring, or underwriting within a major financial institution
  • Deep expertise covering Hedge Funds and alternative investment counterparties
  • Strong understanding of capital markets products, including Prime Brokerage, derivatives, repo, and structured financing
  • Proven ability to exercise independent credit judgment under time pressure
  • Bachelor’s degree in Finance, Accounting, Economics, or a related field (or equivalent experience)
  • Experience covering Private Equity, BDCs, or other alternative investment vehicles
  • Exposure to subscription finance or fund‑level lending structures
  • Advanced degree (MBA) or professional certification (CFA, CPA) a plus, but not required
  • Formal credit training advantageous

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Job Family Group:

Risk Management

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Job Family:

Credit Risk

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$163,600.00 - $245,400.00


In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Most Relevant Skills

Analytical Thinking, Constructive Debate, Escalation Management, Financial Analysis, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Anticipated Posting Close Date:

Apr 13, 2026

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View Citi’s EEO Policy Statement and the Know Your Rights poster.

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