Vice President, Credit Risk Position Available In New York, New York

Lead due diligence of newly originated Leveraged Finance and Structured Finance transactions in partnership with Investment Banking, Global Markets, Market Risk, Legal and other departments. Analyze and opine on transaction structure, including key terms, pricing, and covenants. Present credit views and transaction recommendations to Regional Head of Credit Risk, Regional Chief Risk Officer, Global Head of Credit Risk, and Global CRO as required. Negotiate ISDA terms, working closely with legal counsel and trading desk to adequately structure hedging transactions. Establish and manage credit risk limits in accordance with the risk tolerance guidelines and policy for corporate lending and derivate counterparties. Monitor a portfolio of counterparties, including timely completion of semi-annual credit reviews, global/regional portfolio reviews, and other reporting as required. Lead ad-hoc projects and participate in global working groups to enhance policies, procedures, and other Risk Management priorities.

Requirements:

Master’s Degree in Finance, Accounting, Economics, or Strategic Management, plus three years of experience in the offered position or as Credit Analyst or Associate.•All required experience must have included supporting due diligence of leveraged finance and structured finance transactions; identifying key risks and mitigants; spreading historical financials, projecting cash flows, and calculating financial/credit metrics (EBITDA, leverage, ICR, DSCR) using CapIQ and Bloomberg Terminal software; assessing prospective borrowers and assigning internal credit ratings to corporate and SPV counterparties using rating tools and scorecard methodologies; running Monte Carlo simulations to estimate credit exposure and potential MtM losses in Tail Risk events across various confidence intervals; assigning recovery ratings based on collateralization, subordination and expected loss metrics (PD, LGD and EAD); preparing counterparty credit reviews with updated business and industry trends, financial performance, and notional/MtM exposure changes; reviewing Credit Agreements, ISDAs and CSAs to assess appropriateness of terms and covenants; and analyzing CVA and CECL charges based on ratings, market trading levels and spreads.

This role entails hybrid work, with time split between working in our New York, NY office and flexibility to telecommute from another U.S. location.#

LI-DNIMinimum Salary:

140,000

Maximum Salary:

140,000

Salary Unit:

Yearly