Job Responsibilities
- Lead credit decision-making process in live stressed / distressed situations while in leadership role amongst lender group/Administrative Agent capacity
- Participate on with deal teams on new originations for distressed borrowers and the restructuring of existing exposure; Transactions often contain material complex legal, financial, reputational, and jurisdictional issues
- Review complex legal, financial and jurisdictional issues with an objective of improving credit structure
- Coordinate across multiple internal constituencies including Industry and Product Coverage, Credit Risk, Capital Markets, Legal, Compliance and Secondary Loan trading
- Work with external constituents, including other lenders, company management, financial advisors, and outside counsel to implement optimal solutions for exposure positions
- Approve quarterly Credit Surveillance, accounting and regulatory reporting on portfolio names
- Evaluate exposure management opportunities through loan sale; Prepare valuations on securities/ other instruments received from previous restructurings and formulate trading and disposal strategies
- Provide leadership on the wholesale regulatory, accounting and risk reporting agenda as well as other Special Credits-specific activities including crisis management and problem credit playbooks
Required qualifications, capabilities, and skills
- 7+ years experience in role focused on corporate finance, credit and leveraged finance
- Strong verbal and written communication skills
- Ability to make, defend, and communicate credit / structuring decisions, often based on limited information
- High degree of motivation with a strong sense of accountability and ownership of tasks; Must be able to work well under pressure on teams in a demanding environment with good time management
- Strong attention to detail and project management skills
Preferred qualifications, capabilities, and skills
- Experience in a workout role at another bank is highly preferred