Groupe BPCE
Credit Risk Officer - Corporate & Leveraged Finance
Groupe BPCE, New York, NY
Poste et missions
Natixis is currently hiring a Credit Risk Officer (Vice President, but will consider Director) who will primarily focus on Corporate and Leveraged Finance in North Americas. He/she/they will be responsible for preparing credit risk opinions and market & financial analyses of clients in the Americas with respect to the transactions proposed by the front office groups in the bank and/or Annual/quarterly Reviews as well as Watch List if applicable for existing transactions.
Responsibilities include the following:
The salary range at the VP-level for this position will be between $145,000 - $175,000. Natixis is required by law to include a reasonable estimate of the compensation range for this role. Actual base salary will vary and will be based on several factors including, but not limited to, relevant experience, education, skills set, applicable licensure and certifications, and other business and organizational needs. Base salary is only one component of our total rewards package. Natixis also offers a generous benefits package, and you may be eligible for a discretionary incentive award depending on company and individual performance.
Essential duties and responsibilities
Credit Risk Process involving new proposed exposures:
Portfolio Monitoring of existing exposures:
Profil et compétences requises
• Bachelor's degree in Finance or related field is required. MBA in Finance or related field is desired.
• 6+ years' experience in a credit risk or front office department in a bank, insurance or large company is required
• Knowledge of the banking system and financial products / financial instruments such as medium to long-term loans, trade finance, structured finance, and capital markets.
• Working experience in the various sectors or industries where the bank focuses on : Corporate and Leveraged Finance is desired. .
• In-depth knowledge and understanding of credit risk analysis and cash flow modeling is desired.
• Open minded, hard-working, committed to meeting deadlines, thorough and detailed, and teamwork oriented
• MS Office (Word, Excel, PowerPoint, Outlook)
Natixis is currently hiring a Credit Risk Officer (Vice President, but will consider Director) who will primarily focus on Corporate and Leveraged Finance in North Americas. He/she/they will be responsible for preparing credit risk opinions and market & financial analyses of clients in the Americas with respect to the transactions proposed by the front office groups in the bank and/or Annual/quarterly Reviews as well as Watch List if applicable for existing transactions.
Responsibilities include the following:
- Prepare credit risk opinions, market & financial analyses of clients in the Americas with respect to the transactions proposed by the front office groups in the bank (business lines:Corporate, Acquisition and Leveraged Financetransactions in the Americas).
- Strengthen market knowledge of the different industries and transaction structures in which the bank focuses on.
- Monitor a selected subset of the portfolio by writing detailed credit risk opinions (credit risk opinions in connection with annual reviews, quarterly reviews and watchlist fiches, amendments, waivers, and one-off type requests) applicable to the selected subset of the portfolio being followed.
- Contribute to the enhancement of the credit risk processes and templates being used by the bank.
- Report any credit events that may result in a breach of covenant or credit risk deterioration of the underlying borrower and/or industry.
- Assist in writing selected portfolio updates on topics of interest to general management of the bank.
- Follow up credit risk processes in line with Lending Policy requirements until and after credit approval is obtained.
The salary range at the VP-level for this position will be between $145,000 - $175,000. Natixis is required by law to include a reasonable estimate of the compensation range for this role. Actual base salary will vary and will be based on several factors including, but not limited to, relevant experience, education, skills set, applicable licensure and certifications, and other business and organizational needs. Base salary is only one component of our total rewards package. Natixis also offers a generous benefits package, and you may be eligible for a discretionary incentive award depending on company and individual performance.
Essential duties and responsibilities
Credit Risk Process involving new proposed exposures:
- Identify and evaluate credit risks related to a new proposed client for one or more of the following sectors: Corporate and Leveraged Finance.
- Write credit risk opinions related to new transactions, annual/quarterly reviews, waiver, and amendment requests according to lending policy requirements.
- Perform industry studies and run/request financial model sensitivities when applicable to support credit risk analysis and associated credit risk recommendation to senior management.
- Work closely with various other groups of the bank such as Front Office Origination, DRAS (Workout), AMP (Portfolio Management), Loan Review, and Credit Surveillance & Analytics in particular.
- Maintain constructive relationships with various business unit contacts to ensure responsiveness and appropriate prioritization for the pipeline of requests for on-boarding of new counterparties. Work in close coordination with Front Office and Syndication Teams in NY
- Follow up credit risk processes in line with Lending Policy requirements until and after credit approval is obtained.
- Make presentations to senior management and credit committees.
Portfolio Monitoring of existing exposures:
- Monitor credit performance of a portfolio of existing accounts.
- Write credit risk opinions in connection with annual reviews, quarterly reviews and watchlist fiches, amendments, waivers, and one-off type requests applicable to the selected subset of the portfolio being followed.
- Follow credit events such as covenant breaches and process credit alerts that are being generated by the systems.
- Maintain valid and updated internal and regulatory ratings as well as watchlist levels.
Profil et compétences requises
• Bachelor's degree in Finance or related field is required. MBA in Finance or related field is desired.
• 6+ years' experience in a credit risk or front office department in a bank, insurance or large company is required
• Knowledge of the banking system and financial products / financial instruments such as medium to long-term loans, trade finance, structured finance, and capital markets.
• Working experience in the various sectors or industries where the bank focuses on : Corporate and Leveraged Finance is desired. .
• In-depth knowledge and understanding of credit risk analysis and cash flow modeling is desired.
• Open minded, hard-working, committed to meeting deadlines, thorough and detailed, and teamwork oriented
• MS Office (Word, Excel, PowerPoint, Outlook)