Neil Spencer

About Neil Spencer

Neil Spencer is a seasoned risk professional with strong management and communications skills with a focus on Alternative Funds and other Financial Institutions. Significant International experience having held senior positions in New York, London, and Hong Kong. Extensive experience working with clients, regulators, and auditors. Client facing roles include marketing and relationship management positions. Substantial experience leading process transformation, policy writing, ratings tool development and merger integration.

Experience

1. Global Head of Alternative Funds Credit Risk

   State Street

   Jan 2015 — Present · New York, NY, US

   November 2024 - Present Global Head of Alternative Funds Credit Risk November 2023 - November 2024 - US Head of Alternative Funds Credit RiskLed a US team covering a portfolio of Hedge Funds, PE Funds, BDCs, Funds of Funds, SPV’s and CLO’sCreated and evolving the Alternative Funds Tool to monitors documentation terms as well as creating a portfolio based sector platform.March 2021 - November 2023 Head of Hedge Fund Credit Americas Led a US team covering a portfolio of 75 Hedge Fund Managers with over $1 trillion of assets under management.Designed and lead a project to create a robust risk process to the Alternative Funds portfolio as well as a future design aimed at significantly reducing work associated with ‘lower risk’ Alternative Funds by way of a perpetual alerts risk-based approach.Enhanced the Early Warning Indicator (‘EWI’) capabilities to enable reduced emphasis on traditional review work as well as rapid crisis action escalation, limit, and ratings processing as needed.Jan 2018 - March 2021 Head of Credit Risk Operations Oversaw credit operations team across the US and EMEA with a primary focus on Counterparty Limit Management analysis and remediation, reporting and a wide variety of other credit risk driven tasks.Jan 2016 - Jan 2018 Head of Credit Risk Governance Led the Global Risk Governance Team covering risk reporting, operations, portfolio reporting, policies, and procedures.Jan 2015 - Jan 2016 Credit Risk Governance Led the re-write and establishment of governance framework for Credit Risk Policies and Procedures.

Education

• South Devon College

  Business

Skills

• Equities
• Counterparty Risk
• Fixed Income
• Capital Markets
• Hedge Funds
• Structured Products
• Financial Risk
• Credit
• Derivatives
• Investment Banking
• Prime Brokerage
• Credit Risk