Description
Responsible for analysis to aid in either the underwriting of hedge fund credit risk, issuer risk, credit mitigates in structured transactions or counterparty risk.
Additional responsibilities include proactive evaluation of Problem Assets, some limit approval authority and reporting of capital markets credit risk.
The Counterparty Credit Risk Specialist will primarily interface with the traders / marketers and other risk and support groups (i.
e. Compliance, Finance, Operations, etc.). Incumbents typically have over five years of experience in credit risk management.
Product knowledge and credit skills are necessary.
The role sits within the Global Markets Credit ("GMC") group within the Enterprise Credit organization.
Responsibilities :
- Within GMC, the Vice President will assist with the credit underwriting and ongoing portfolio management functions for Structured Derivatives and Lending exposures booked within the Global Commodities line of business
- Product coverage includes e.g. Lien Based Hedging, Spark Spread swaps, Natural Gas hedging, and Lending secured by commodities and related contracts.
Underlying client sectors include power generation, upstream oil & gas, midstream and downstream energy and metals & mining.
The Vice President will work closely with both senior and junior team members within the GMC Specialty Finance team as well as other constituents within GMC.
The role will coordinate closely with the Commodities sales & trading team, and various Risk partners to help drive responsible loan and traded products growth.
We also partner with other parts of Enterprise Credit to leverage industry-specific expertise.
Key responsibilities will include participation in the deal screening, term negotiation, diligence, and credit committee process.
The Vice President will review and potentially challenge all elements of transactions including structure, collateral, and cashflow stress analysis.
Post-close, the role will have responsibility for ongoing deal and portfolio monitoring and will exercise credit approval authority for amendment / waiver / renewal / extension activity.
The Vice President will assist in the preparation and review of credit approval memos including quantitative and qualitative analysis.
The role will also assist with periodic reporting requirements, policy and procedure updates, risk rating scorecard maintenance, regulatory inquiries, limit requests, and other ad hoc projects.
Required Skills :
- 5-8 years of experience in financial services. Relevant prior experience may include roles in : credit risk management, credit underwriting, structuring, loan origination, or public rating agencies
- The candidate will likely have had experience of reviewing lending or debt transactions including securitization or collateral based lending facilities and derivatives.
- Exposure to Energy and Commodity industries and related products
- Candidate should exhibit strong analytical skills, personal drive, individual initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility
- Strong organizational, oral, and written communication skills, with ability to communicate effectively with all levels of risk, support, and business partners
- Candidate should be a strong team player, willing to support more junior members of the team as required.
- Proficiency with Word, Excel and PowerPoint, along with ability to quickly learn new programs and applications
- High level of attention to detail
Desired Skills :
- Strong knowledge of the related natural gas, metals & mining, midstream & downstream and power industries and related products
- Formal Credit training at a major bank
- Proficiency with Bloomberg
Skills :
- Critical Thinking
- Analytical Thinking
- Portfolio Analysis
- Credit and Risk Assessment
- Oral Communications
- Presentation Skills
- Written Communications
- Collaboration
- Technical Documentation
- Monitoring, Surveillance, and Testing
- Data and Trend Analysis
- Issue Management
- Regulatory Compliance
- Active Listening
Minimum Education Requirement : BA / BS degree in Finance, Accounting, Economics, Engineering majors preferred
Shift :
1st shift (United States of America)
Hours Per Week :
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