ProShares

ProShares

VP, Credit Management

Bethesda, Maryland · Vp

Sponsorship not specified$180k-$225kDetected 71 days ago
AccountingExcelWriting

About the role

  • The individual will also monitor current market events, regulatory updates, and recommend the approval of new counterparties based on risk standards defined by the credit committee.
  • The role will be responsible for oversight on all counterparties with comprehensive documentation that will be utilized by the CIO and other internal and external stakeholders.
  • Finally, the role will be responsible for maintaining ongoing relationships with counterparties and financial officers necessary for the timely completion of annual due diligence reviews.

Responsibilities

  • Create and implement an in house repository for all supporting data and files.

Requirements

  • Undergraduate degree, Finance, economics, math, engineering, accounting, or related field.
  • Familiarity with Bloomberg, Bridge, Trade Web.
  • Familiarity of securities regulations.
  • Ability to establish a new credit framework
  • Excel proficiency required. VBA and macro writing skills preferred.
  • Requires reading and analyzing financial statements.
  • Fundamental credit analysis and research.
  • Requires understanding of Credit Default Swap spreads and their use in credit analysis.
  • Requires extreme attention to detail.
  • Requires strong quantitative and analytical skills.
  • Requires strong oral, written, and presentation skill desirable.
  • Compensation & Benefits:
  • The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $180,000 - $225,000 (USD), which does not include discretionary bonus compensation. Total compensation may vary based on experience, role, location, department, and individual performance.
  • Benefits Include:

Nice to have

  • Five to seven years experience preferred at an asset manager or buy- side firm in a credit analysis role.
  • Excel proficiency required.
  • VBA and macro writing skills preferred.

Compensation

  • The compensation for this position includes salary and incentive pay.
  • The annual base salary range for this role is $180,000 - $225,000 (USD), which does not include discretionary bonus compensation.
  • Total compensation may vary based on experience, role, location, department, and individual performance.

Benefits

  • The annual base salary range for this role is $180,000 - $225,000 (USD), which does not include discretionary bonus compensation.
  • Competitive discretionary bonus
  • Health care benefits (medical, dental & vision)
  • Life, AD&D, supplemental life, disability, and legal benefit insurance
  • 401(k) retirement plan with employer matching
  • Spending accounts (Health Care, Dependent Care, and Transportation)
  • Wellness programs - fitness reimbursement and Employee Assistance Program
  • Education assistance

Company info

  • ProShares now offers one of the largest lineups of ETFs, with approximately $100 billion in assets. The company is a leader in strategies such as crypto, dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.
  • Position Summary:
  • The Credit and Counterparty surveillance position is responsible for the daily monitoring of PFG business partners. The individual will also monitor current market events, regulatory updates, and recommend the approval of new counterparties based on risk standards defined by the credit committee. The role will be responsible for oversight on all counterparties with comprehensive documentation that will be utilized by the CIO and other internal and external stakeholders. Finally, the role will be responsible for maintaining ongoing relationships with counterparties and financial officers necessary for the timely completion of annual due diligence reviews.
  • Success at ProShares:
  • ProShares now offers one of the largest lineups of ETFs, with approximately $100 billion in assets.
  • The company is a leader in strategies such as crypto, dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing.
  • ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.
  • The Credit and Counterparty surveillance position is responsible for the daily monitoring of PFG business partners.
  • Self-starter
  • Tech driven with an emphasis on utilizing automation
  • Process driven and detail oriented
  • What Sets This Role Apart:
  • Direct Reporting to CIO
  • Autonomy to work independently
  • Environment that embraces automation at AI use
  • What You'll Be Responsible For:
  • Surveillance and monitoring of all counterparties:
  • Swap and repo
  • Authorized Participants
  • FCM's
  • Custodians
  • Transfer Agents
  • Firm technology vendors and data providers
  • And any other firm who's viability could directly or indirectly impact the financial condition of either PFG and its affiliates or any products it manages
  • Development and Implementation of best practices with the goal of reducing firm wide risk.
  • Ensure adherence to best practices.
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This listing is sourced directly from ProShares's careers page and normalized into a canonical job model.