VP, Private Equity Credit Risk

apartmentMichael Page placeNew York calendar_month 

About Our Client

Large bank located in Midtown.

Job Description

Credit Risk Assessment & Underwriting
  • Conduct in‑depth credit analysis of private equity and private credit platforms, including fund‑level and manager‑level risk.
  • Evaluate investment strategies, leverage, liquidity, capital structures and governance frameworks.
  • Review and approve credit limits, financing terms and risk ratings in line with internal risk appetite.
  • Prepare detailed credit memoranda and recommendations for senior risk committees.
Portfolio Monitoring & Risk Management
  • Perform ongoing surveillance of approved counterparties, including NAV trends, portfolio performance and concentration risk.
  • Monitor covenant compliance, reporting obligations and key risk indicators.
  • Identify emerging risks and recommend mitigation actions, including exposure adjustments or enhanced monitoring.
  • Assess market and idiosyncratic risks impacting private credit portfolios and fund vehicles.
Fund Structures & Products
  • Assess credit risk across a range of structures, including private credit funds, BDCs, managed accounts and registered fund vehicles.
  • Review legal structures, investor bases, liquidity terms and structural protections.
  • Partner with internal stakeholders on new product approvals, fund financing and strategic initiatives.
Governance & Stakeholder Engagement
  • Act as a trusted risk partner to investment, financing, legal and portfolio management teams.
  • Provide clear, balanced risk guidance while supporting business growth objectives.
  • Contribute to policy development, process enhancements and risk framework improvements.
MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law.

MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant
  • Bachelor's degree in Finance, Economics, Accounting or a related discipline.
  • Typically 8-12+ years of experience in credit risk, private equity, private credit or fund finance.
  • Strong knowledge of private market investment strategies, fund structures and leverage.
  • Experience with BDCs, asset managers and registered fund vehicles preferred.
  • Excellent analytical, judgement and problem‑solving skills.
  • Strong written and verbal communication skills with the ability to influence senior stakeholders.
  • Comfortable operating in fast‑paced, judgement‑driven environments.
What's on Offer
  • $150,000 - $200,000 base salary.
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