Deputy Head of Credit Risk

The Deputy Head of Credit Risk will oversee credit decisions and approvals for credit propositions, reviews, temporary excesses, and transaction exceptions within the authorized lending limits. This role involves close collaboration with business units to identify potential opportunities and provide guidance on structuring facilities. The focus will be on Commercial & Industrial (C&I) and Technology, Media, and Telecommunications (TMT) deals.

Client Details

My client is a foreign corporate and investment bank, with offices in New York.

Description

Key Responsibilities:

• Approve and make decisions on credit propositions, credit reviews, temporary excesses, and transaction exceptions within the authorized lending authority.
• Partner with business units to explore potential opportunities, including participating in joint calls and site visits, and offering advice on structuring facilities.
• Collaborate with business units to promptly identify early warning signs of credit deterioration and initiate appropriate remedial actions.
• Work with business units to define, review, and enhance Target Market and Risk Acceptance Criteria.
• Conduct targeted portfolio reviews in response to events or developments that may adversely impact overall credit quality, and develop action plans to manage identified risks.
• Perform ad hoc tasks and projects as required.
• Assist in leading the Credit Risk function with a focus on C&I and TMT sectors.
• Provide strategic direction and support to the Credit Risk team, ensuring alignment with organizational goals.
• Mentor and develop junior team members, fostering a culture of continuous improvement and professional growth.
• Stay informed about industry trends and regulatory changes, ensuring the Credit Risk function remains compliant and proactive in risk management.

Profile

Qualifications and Skills:

• Extensive experience in credit risk management, with a strong background in C&I and TMT sectors.
• Proven ability to make sound credit decisions and manage significant deal volumes in a fast-paced environment.
• Strong analytical skills and the ability to quickly assess complex information.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with business units and senior management.
• Bachelor's degree in Finance, Business Administration, or related fields. Advanced degrees or professional qualifications (e.g., MBA, CFA) are highly preferred.

Job Offer

$180,000-$300,000 salary, depending on experience.

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