Bank of America · 1 week ago
Credit Analyst III/Hedge Funds - Global Markets Credit
Charlotte, NC
Full-time
Onsite
Entry, Mid Level
2+ years expBank of America is committed to helping make financial lives better through connections and responsible growth. The Credit Analyst III for Hedge Funds will manage underwriting and credit for Hedge Funds, including trade approvals and risk monitoring, while building relationships with clients and internal partners.
Asset ManagementBankingFinanceFinancial ServicesFinTech
Responsibilities
Credit analysis: Participate in initial and ongoing due diligence of HFs. Perform quantitative and qualitative credit assessment, setting internal ratings and recommending credit limits
Initial margin calculation: Determine initial margin (IM) and evaluate transactional risks associated with OTC and exchange traded derivatives, securities financing and structured trades
Trade approval: Hold delegated approval authority to approve trading floor request (OTC derivatives) or to make recommendations to higher authority levels
Relationship management: Build strong working relationship with external HF clients, internal business partners including Sales, Structuring & Trading, Risk counterparts, Legal and Audit Function
Risk monitoring: Undertake regular exposure analysis including internal stress testing and IM back testing. Monitoring of performance and AUM flow data received from HFs
Trading documentation: Liaise with Legal and client in negotiating ISDA, CSA, GMRA etc
Portfolio reviews: Preparation of portfolio reports and reviews, including analysis of OTC and F&O exposures, any counterparties of concern and other pertinent risk issues
Candidate will be responsible for underwriting credit lines to support hedge fund client traded products
Qualification
Required
2+ years of prior hedge fund (Reg Fund or Financial Institution) risk management and/or hedge fund due diligence experience
Proficient with Microsoft Office
General knowledge of Hedge Funds, their strategies and financial derivatives
Candidate will have significant exposure to Global Markets personnel including Trading / Structuring / Sales, as well various support partners
Candidate must be comfortable working on transactions in a fast-paced capital markets/trading environment
Ability to thrive in a fast-paced environment, consistently meet deadlines, and demonstrate strong quantitative and analytical skills
Preferred
Bachelor's Degree
Masters Degree
CFA Charter Holder
Company
Bank of America
Bank of America is a financial institution that offers credit cards, home loans, and auto loan services.
10001+ employees
H1B Sponsorship
Bank of America has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (780)
2024 (546)
2023 (590)
2022 (759)
2021 (715)
2020 (931)
Funding
Current Stage
Public CompanyTotal Funding
$3.59BKey Investors
Berkshire Hathaway
2025-02-20Post Ipo Debt· $386.79M
2024-11-26Post Ipo Debt· $2B
2020-07-28Post Ipo Equity· $400M
Leadership Team
Charissa Messer
Senior Vice President, Creative Agency Executive (Enterprise Creative Solutions)
Rami Salem
SVP Strategic Competitive Intelligence
Recent News
2026-01-13
Company data provided by crunchbase