Executive Director

Executive Director, Leveraged Finance Credit Risk OfficerNew York, United States of America

Essential Functions/Responsibility Statements:

• Responsible for risk oversight and credit approval for one or more industry verticals within the leveraged lending group, including product and credit standards.
• Monitor portfolio performance and monitor exceptions to refocus business strategy.
• Providing guidance to coverage partners on new credit transactions with respect to appropriate credit structures and terms.
• Provide oversight and mentor a team of credit officers and underwriters.
• Monitor credit approval workflows to be more effective and efficient in turnaround and quality of approvals.
• Promote a strong and balanced risk management culture and demonstrate rigorous credit analysis in the underwriting and portfolio management process.
• Lead execution of key projects.
• Interacts with internal credit reviews and regulators.
• Manage compliance with internal policies, work flow procedures, regulations.
  

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:

• Bachelor's Degree, or equivalent degree and/or work experience.
• MBA or equivalent advanced training is preferred.
  

Work Experience:

• Minimum 10 years of experience in leveraged lending credit.
  

Skills and Abilities:

• Deep understanding of leveraged loan market dynamics, complex finance structures, and ability to identify risk and mitigants associated with the leveraged deals.
• Previous approval authority required.
• Appropriate risk appetitive with respect to size of individual underwritings, overall book deals, leverage levels and hold positions.
• Minimum 2 years of people management.
• Experience in a wide range of products (including capital markets, derivatives, leverage finance).
• Industry expertise preferred.
• Experience through multiple credit cycles.
• Experience in remedial management situations.
• Demonstrate integrity, independence, leadership, judgment, and ability to balance risk and reward.
• Superior attention to details, ability to quickly focus on the key risk factors and visually present complex concepts.
• Comprehensive knowledge of legal documentation associated with credit risk.
• Ability to manage deal volume in a fast-paced environment and analyze the credit application and prepare written summary in a short timeframe.
• Ability to work closely with other areas of the bank, relationship bankers, product managers, legal, loan operations.