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. This is a high-impact senior role that offers genuine ownership, strategic influence, and the opportunity to shape credit standards across a global platform.
- A senior, high-visibility role with direct influence over Citi's credit risk framework for the alternative investments sector globally.
- Hybrid working model — 3 days in the office and 2 days working remotely — offering meaningful flexibility alongside strong in-person collaboration.
- Access to global peers and cross-regional partnerships, enabling you to contribute to and benefit from best-practice sharing across Citi's worldwide network.
- Ongoing learning and professional development opportunities, including access to formal training programs and industry credentials support.
- Competitive compensation and financial wellbeing benefits reflecting the seniority and impact of the role.
- Wellbeing and work-life balance support, including employee assistance programs and family support provisions.
- A culture that values integrity, inclusion, and the kind of independent thinking that drives better risk outcomes.
Apply today to bring your expertise in alternative investment credit risk to a senior role where your judgement, leadership, and market knowledge will have a tangible impact on Citi's global platform.
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Job Family Group:
Risk Management
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Job Family:
Portfolio Credit Risk Management
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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, Industry Knowledge, Policy and Procedure, Policy and Regulation, Process Execution, 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:
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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.
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View Citi’s EEO Policy Statement and the Know Your Rights poster.
