Deutsche Bank
Senior Credit Officer – Private Equity + Private Credit Funds - Vice President
Deutsche Bank, New York, New York, us, 10261
Senior Credit Officer – Private Equity + Private Credit Funds - Vice President
Location:
New York, NY
Corporate Title:
Vice President
Overview The Private Equity + Private Credit Senior Credit Officer will be responsible for managing Deutsche Bank’s counterparty credit risk to US financial sponsor and private capital clients. They will have a dedicated funds portfolio spanning a broad range of investment strategies, and will be responsible for approving transactions, as well as reviewing and monitoring the counterparties on an ongoing basis. The ideal professional will have extensive experience covering private equity and private credit fund clients and will be comfortable engaging directly with clients and senior business partners. The product universe primarily covers structured financing transactions and over-the-counter (OTC) derivatives hedging. The Credit Officer will be a self‑starter, able to manage their own workload with minimal guidance, and able to train or develop more junior team members. The role reports into the Global Head of Credit Risk Management (CRM) Funds based in New York and is part of a larger global funds team.
What We Offer You
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
What You’ll Do
Undertake initial credit due diligence for new clients by meeting 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 based on the client’s risk assessment.
Review and approve transaction requests for private equity and private credit funds, which typically include FX hedging, deal‑contingent trades, and structured financing (e.g., 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 conduct due diligence of 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 default or any credit deterioration.
Maintain ongoing dialogue and due diligence with clients, preparing annual credit reviews and written reports that outline the background of the fund management company, investment strategy of underlying funds, risk and liquidity management, and performance, highlighting key risks and the credit officer’s view of the group/funds.
Manage the risk and exposures within their portfolio on an ongoing basis using internal stress‑test information, exposure data and performance/portfolio data received from fund clients. This includes day‑to‑day transaction approvals, setting initial margin levels for trade requests and analyzing more bespoke structured transactions.
Stay up‑to‑date with market developments affecting the private markets and hedge fund sector, such as regulatory changes or stress in particular asset classes.
How You’ll Lead
Comfortably engage directly with top‑tier clients and senior business partners, taking ownership of credit decisioning.
Serve as a seasoned Subject Matter Expert (SME) who provides guidance and expertise to more junior team members.
Skills You’ll Need
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 sectors, including fund structures, strategies, limited partnership agreements, performance metrics, valuation approaches, and associated risks.
Product knowledge covering all major derivative instruments and financing products, with a full understanding of their respective risk characteristics.
Understanding of master trading documentation, particularly ISDA and GMRA, including 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 a proven track record of managing a funds portfolio through periods of market volatility.
Skills That Will Help You Excel
Confident decision maker able to clearly explain the reasoning behind credit decisions.
Strong team player, capable of working alongside colleagues to achieve team goals.
Self‑starter, able to manage workload with minimal guidance.
Articulate and at ease when interacting with internal and external clients.
Ability to calculate and quantify transaction risk is desirable but not essential.
It is the Bank’s expectation that employees hired into this role will work in the Santa Ana, California office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability, pregnancy, and/or religion.
The salary range for this position in New York City is $125,000 to $203,000. Actual salaries may be based on a number of factors, including a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other remuneration.
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.
#LI-HYBRID
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
#J-18808-Ljbffr
New York, NY
Corporate Title:
Vice President
Overview The Private Equity + Private Credit Senior Credit Officer will be responsible for managing Deutsche Bank’s counterparty credit risk to US financial sponsor and private capital clients. They will have a dedicated funds portfolio spanning a broad range of investment strategies, and will be responsible for approving transactions, as well as reviewing and monitoring the counterparties on an ongoing basis. The ideal professional will have extensive experience covering private equity and private credit fund clients and will be comfortable engaging directly with clients and senior business partners. The product universe primarily covers structured financing transactions and over-the-counter (OTC) derivatives hedging. The Credit Officer will be a self‑starter, able to manage their own workload with minimal guidance, and able to train or develop more junior team members. The role reports into the Global Head of Credit Risk Management (CRM) Funds based in New York and is part of a larger global funds team.
What We Offer You
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
What You’ll Do
Undertake initial credit due diligence for new clients by meeting 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 based on the client’s risk assessment.
Review and approve transaction requests for private equity and private credit funds, which typically include FX hedging, deal‑contingent trades, and structured financing (e.g., 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 conduct due diligence of 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 default or any credit deterioration.
Maintain ongoing dialogue and due diligence with clients, preparing annual credit reviews and written reports that outline the background of the fund management company, investment strategy of underlying funds, risk and liquidity management, and performance, highlighting key risks and the credit officer’s view of the group/funds.
Manage the risk and exposures within their portfolio on an ongoing basis using internal stress‑test information, exposure data and performance/portfolio data received from fund clients. This includes day‑to‑day transaction approvals, setting initial margin levels for trade requests and analyzing more bespoke structured transactions.
Stay up‑to‑date with market developments affecting the private markets and hedge fund sector, such as regulatory changes or stress in particular asset classes.
How You’ll Lead
Comfortably engage directly with top‑tier clients and senior business partners, taking ownership of credit decisioning.
Serve as a seasoned Subject Matter Expert (SME) who provides guidance and expertise to more junior team members.
Skills You’ll Need
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 sectors, including fund structures, strategies, limited partnership agreements, performance metrics, valuation approaches, and associated risks.
Product knowledge covering all major derivative instruments and financing products, with a full understanding of their respective risk characteristics.
Understanding of master trading documentation, particularly ISDA and GMRA, including 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 a proven track record of managing a funds portfolio through periods of market volatility.
Skills That Will Help You Excel
Confident decision maker able to clearly explain the reasoning behind credit decisions.
Strong team player, capable of working alongside colleagues to achieve team goals.
Self‑starter, able to manage workload with minimal guidance.
Articulate and at ease when interacting with internal and external clients.
Ability to calculate and quantify transaction risk is desirable but not essential.
It is the Bank’s expectation that employees hired into this role will work in the Santa Ana, California office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability, pregnancy, and/or religion.
The salary range for this position in New York City is $125,000 to $203,000. Actual salaries may be based on a number of factors, including a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other remuneration.
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.
#LI-HYBRID
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
#J-18808-Ljbffr