Bank ABC
Base pay range
$200,000.00/yr - $250,000.00/yr The Branch is organized along the three lines of defense operating model. The Senior Credit Officer is part of the control function in the second line of defense. The Senior Credit Officer reports to the Head of Credit and Risk. The Senior Credit Officer at the New York Branch provides functionality across two broad categories: Credit Assessment and efficient processing of CAFS, credit reviews Portfolio Monitoring and Reporting Job Responsibilities
Responsible for the timely assessment of the Branch’s credit applications, annual reviews and administrative notifications for Senior Management. Independently evaluate credit applications, annual credit reviews, and administrative notifications prepared by Relationship Managers and Business Credit Analysts, or existing and potential clients bringing a high level of consultative expertise, intelligence and discretion to the various analyses. Prior experience in high yield/leveraged credits and/or work out/distressed credits is strongly preferred. Prepare memorandum to support recommendation to either approve or decline highlighting key risks & mitigating factors and basis for internal risk rating. Evaluation of multiple trustworthy sources of data in order to make a fair and balanced assessment of the borrowers’ credit, management, operational and financial capabilities as it relates to the existing or potential commitment. Ensure smooth, efficient and effective flow of the credit review process. Coordinate and collaborate to effect good bi‑directional flow of information to ensure a smooth and efficient credit process without compromising credit quality. Proactively seek ways of increasing efficiency, increasing productivity, and improving communication across the teams. Work cooperatively across global jurisdictions on initiatives for improved frameworks that promote efficiencies. Maintain sufficient knowledge on clients and the industry in which they operate. Utilization of multiple media outlets to gather and synthesize relevant data pertaining to existing and potential customers into reports for self and management. Proactively seek to remain up to date on innovative thinking, trends and changes that impact our industry and the industry sectors of our clients. Participate in and seek ongoing training and education (institutional/self‑guided) of relevant skills, tools and knowledge as it relates to credit. Portfolio Monitoring and Reporting
Develop and prepare exposure reports as required including: periodic exposure reports, concentration reporting, rating migration, impaired assets, head office reporting. Knowledge
Extensive knowledge of accounting practices and procedures especially as related to financial statements analysis; keen analytical skills; strong writing, verbal communications and presentation skills; results focused and deadlines conscious; thorough working knowledge of various Wholesale Banking products and services; familiar with end‑to‑end credit processes; developed ability to appropriately gauge industry/market trends. Education / Certifications
M.B.A., finance or equivalent, or B.A. with formal credit training, CFA or CAF Level III candidate preferred. Experience
7‑10 years of experience in credit risk management or credit underwriting. Personal Attributes
Analytical and critical thinking; detail oriented and organized; compliance driven; excellent time management; works efficiently and effectively under pressure and deadlines; highly developed ability to work independently and to function equally well as team player/leader. Superior communication skills, demonstrates accountability and ability to lead by example, comfortable as a mentor and well able to encourage success in others. Seniority level
Mid‑Senior level Employment type
Full‑time Job function
Finance Referrals increase your chances of interviewing at Bank ABC by 2x. Benefits
Medical insurance Vision insurance 401(k) Paid paternity leave Paid maternity leave Disability insurance
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$200,000.00/yr - $250,000.00/yr The Branch is organized along the three lines of defense operating model. The Senior Credit Officer is part of the control function in the second line of defense. The Senior Credit Officer reports to the Head of Credit and Risk. The Senior Credit Officer at the New York Branch provides functionality across two broad categories: Credit Assessment and efficient processing of CAFS, credit reviews Portfolio Monitoring and Reporting Job Responsibilities
Responsible for the timely assessment of the Branch’s credit applications, annual reviews and administrative notifications for Senior Management. Independently evaluate credit applications, annual credit reviews, and administrative notifications prepared by Relationship Managers and Business Credit Analysts, or existing and potential clients bringing a high level of consultative expertise, intelligence and discretion to the various analyses. Prior experience in high yield/leveraged credits and/or work out/distressed credits is strongly preferred. Prepare memorandum to support recommendation to either approve or decline highlighting key risks & mitigating factors and basis for internal risk rating. Evaluation of multiple trustworthy sources of data in order to make a fair and balanced assessment of the borrowers’ credit, management, operational and financial capabilities as it relates to the existing or potential commitment. Ensure smooth, efficient and effective flow of the credit review process. Coordinate and collaborate to effect good bi‑directional flow of information to ensure a smooth and efficient credit process without compromising credit quality. Proactively seek ways of increasing efficiency, increasing productivity, and improving communication across the teams. Work cooperatively across global jurisdictions on initiatives for improved frameworks that promote efficiencies. Maintain sufficient knowledge on clients and the industry in which they operate. Utilization of multiple media outlets to gather and synthesize relevant data pertaining to existing and potential customers into reports for self and management. Proactively seek to remain up to date on innovative thinking, trends and changes that impact our industry and the industry sectors of our clients. Participate in and seek ongoing training and education (institutional/self‑guided) of relevant skills, tools and knowledge as it relates to credit. Portfolio Monitoring and Reporting
Develop and prepare exposure reports as required including: periodic exposure reports, concentration reporting, rating migration, impaired assets, head office reporting. Knowledge
Extensive knowledge of accounting practices and procedures especially as related to financial statements analysis; keen analytical skills; strong writing, verbal communications and presentation skills; results focused and deadlines conscious; thorough working knowledge of various Wholesale Banking products and services; familiar with end‑to‑end credit processes; developed ability to appropriately gauge industry/market trends. Education / Certifications
M.B.A., finance or equivalent, or B.A. with formal credit training, CFA or CAF Level III candidate preferred. Experience
7‑10 years of experience in credit risk management or credit underwriting. Personal Attributes
Analytical and critical thinking; detail oriented and organized; compliance driven; excellent time management; works efficiently and effectively under pressure and deadlines; highly developed ability to work independently and to function equally well as team player/leader. Superior communication skills, demonstrates accountability and ability to lead by example, comfortable as a mentor and well able to encourage success in others. Seniority level
Mid‑Senior level Employment type
Full‑time Job function
Finance Referrals increase your chances of interviewing at Bank ABC by 2x. Benefits
Medical insurance Vision insurance 401(k) Paid paternity leave Paid maternity leave Disability insurance
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