Deutsche Bank · 1 day ago
Senior Credit Officer – Private Equity + Private Credit Funds - Vice President
New York, NY
Full-time
Hybrid
Senior Level
$125K/yr - $203K/yrDeutsche Bank is seeking a Senior Credit Officer for their Private Equity and Private Credit Funds. The role involves managing counterparty credit risk, approving transactions, and conducting ongoing due diligence with clients in the private capital sector.
BankingFinanceFinancial Services
Responsibilities
Undertake initial credit due diligence for new clients by way of meetings with relevant personnel at the financial sponsor or fund manager to fully understand the investment process and strategy, risk management approach and products traded. The credit officer will then approve appropriate credit limits, transaction structures, and documentation terms on the back of their risk assessment of the fund client based on information gathered at the meetings and the relevant constitutional documentation and financial information provided by the client
Review and approve transaction requests for private equity and private credit funds, which typically include FX hedging, deal contingent trades, and structured financing (i.e. NAV financing and single asset financing). The credit officer will engage closely with the sales and structuring teams to review proposed trade/legal structures, underwrite underlying portfolio assets, and diligence private capital funds as part of the approval process
Play a key role in the legal documentation process to ensure that appropriate credit covenants are included in legal agreements to allow Deutsche Bank to take action to close out portfolios and terminate trades in the event of a default or any credit deterioration (e.g. a sharp deterioration in performance)
Ongoing dialogue and due diligence with clients and preparation of annual credit reviews, written reports which outline areas including the background of the fund management company, investment strategy of underlying funds, risk and liquidity management, and performance. This written report will highlight the key risks associated with each counterparty and outline the credit officer’s view of the group/funds
Manage the risk and exposures within their portfolio on an ongoing basis, using the various credit risk management and product monitoring systems within Deutsche Bank, including internal stress test information, exposure data and performance/portfolio data received on a regular basis from fund clients. This includes day-to-day transaction approvals, setting initial margin levels for trade requests received from sales teams across the Bank, and analysis of more bespoke structured transactions
Keep up-to-date with market developments affecting the private markets and hedge fund sector, e.g. regulatory issues or weakness/stress in particular asset classes
Qualification
Required
Degree level education or equivalent, with Extensive industry experience in managing private equity and private credit fund credit risk
Solid understanding of private equity and private credit sector, which should include an understanding of fund structures, strategies, limited partnership agreements, performance metrics, valuation approaches and their associated risks
Product knowledge should cover all major derivative instruments and financing products, with a full understanding their respective risk characteristics. Ideal candidate will have prior experience in evaluating structured financing transactions such as NAV financing
Understanding of master trading documentation, particularly International Swaps and Derivatives Association (ISDA) and Global Master Repo Agreements (GMRA). This should include sound understanding and knowledge of the principal risk mitigating clauses employed across the industry
Deep knowledge of private markets and hedge fund industry, with strong familiarity of key market participants and proven track record of managing a funds portfolio through period of market volatility
A confident decision maker able to competently explain the reasoning, which supports credit decisions
A strong team player, capable of working alongside colleagues in an effort to achieve team goals
A self starter, able to manage their own workload with minimal guidance from senior members of the team
Articulate and at ease when interacting with internal and external clients
Ability to calculate and quantify transaction risk is also desirable but not essential
Benefits
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
Company
Deutsche Bank
Deutsche Bank is an investment bank that offers financial products and services to corporate and institutional clients.
Founded in 1870
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$2.07BKey Investors
European Investment BankCapital GroupCerberus Capital Management
2025-06-11Post Ipo Debt· $570.76M
2024-11-14Post Ipo Debt· $1.5B
2020-10-13Post Ipo Equity
Leadership Team
Dilipkumar Khandelwal
Chief Executive Officer, Deutsche India
T
Tom Patrick
CEO, Americas
Recent News
BATimes Newspaper
2026-01-08
2026-01-06
Retail Banker International
2026-01-06
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