The Key responsibilities in the position will include:

· Assessment – Performing independent LOD2 hedge fund due diligence on a portfolio of funds assigned, including the review of relevant documentation, analysing investment and operational risks, performing background checks, arranging and attending on-site due diligence meetings and drafting well-written, cogent, due diligence documents. Opining on individual counterparty transactions and associated risks.

· Mitigation – Enforcing processes and procedures designed to mitigate against losses in the event that a counterparty defaults, including negotiating credit terms of legal documents (e.g. ISDA CSA, GMRA, FIA and PB agreements) and negotiating and opining on Independent Amounts and margin requirements.

· Approval Recommendations – Providing recommendations and facilitating the approval of files, limit requests, ratings and transactions to the appropriate level of escalation.

· Monitoring – Maintaining up to date risk information and the ongoing monitoring of hedge fund performance and credit worthiness. Independent and continuous monitoring and managing risk exposures across multiple metrics in accordance with defined risk appetite. LOD2 follow-up on limit and policy breaches.

· Transversal - The incumbent will also contribute to/manage/co-ordinate relevant projects, as assigned, supporting the RISQ RMA HPC key goals and roadmap.

· Building and sustaining strong relationships across the organization - Manage information vertically and laterally with senior staff and team members, both within and outside of RISQ/GBR, to drive topics and ensure the efficient and effective implementation of HPC’s key roles and responsibilities.

· Support and challenge LOD1 requests to ensure they addressed appropriately and ensure that the prudent level of risk appetite set by senior management is kept in force to protect the Bank’s capital.

· Regulatory topics - Contributing to relevant regulator meetings, answering questions and information requests (e.g. Dear CRO/CEO letters) and contributing to the closure of any related framework upgrades