As a Credit Risk Associate in the Diversified Industries team, you will play a part in leading the credit origination and portfolio management of non-investment grade / leveraged companies covered by the Diversified Industries team. You will lead the structuring and underwriting of new lending activities, analyze and approve other credit requests, facilitate regulatory monitoring, and perform on-going portfolio monitoring. In each capacity, the Credit team works in partnership with Investment Banking Coverage, Global Corporate Banking, Debt Capital Markets, and many other product partners to meet the needs of clients. You will develop a broad and deep understanding of the business, financial, competitive, and industry risks faced by clients in the assigned portfolio. You will work closely with the team’s Credit Executive, Credit Officers and Analysts/Associates on the team. This candidate will also be expected to play an important role in mentoring and developing team Analysts to enhance the performance of the broader team.
Job Responsibilities
- Identify the key risk factors associated with clients, transactions, and industry sub-sectors across an assigned portfolio, and develop and articulate a dynamic, forward-looking risk assessment of client companies, transactions, competitive threats, industry and other factors
- Lead and/or participate in client due diligence by way of attending client, bank, and other meetings to develop a better understanding of client companies, management teams, and industry sectors, and using financial models to incorporate the impact of forward-looking risk assessment on key value drivers, ultimately developing and recommending appropriate credit structures relative to risk assessment
- Apply corporate finance and accounting expertise to develop appropriate financing structures, and prepare and review credit approval materials, ensuring all credit risk policies are followed
- Review and negotiate legal documentation to ensure terms are appropriate and consistent with credit approval
- Ensure risk ratings are accurate and reflect a current forward-looking view of the client, while providing early identification and proactive management of deteriorating credits and other problem situations
- Prepare and present quarterly financial snapshot of the Diversified Industries portfolio, as well as annual portfolio review materials to senior management
- Assist in training and developing analysts, and work closely with analysts and our middle office and data teams to ensure accuracy of credit system data
Required Qualifications, Skills and Capabilities
- Bachelor’s degree
- 2+ years of commercial/investment banking lending experience including extensive credit, structuring and marketing
- Possesses a solid understanding of financial products, corporate finance, financial modeling and market dynamics
- Advanced knowledge of financial statements and accounting
- Experience with documentation related to credit agreements
- Knowledge/experience of derivative products and documentation (including ISDA and CSA)
Preferred Qualifications, Skills and Capabilities
- Excellent communication skills, both verbal and written
- Ability to effectively present analysis and interact with key stakeholders
- Capability to perform due diligence and negotiation with clients
- Ability to perform well under pressure in a demanding environment managing multiple tasks at the same time