VP-Credit Job Description

VP-Credit Job Description

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Vp-credit provides credit decision/approval of credit propositions, credit review, temporary excesses and transaction exceptions within authorized lending authority limit.

VP-Credit Duties & Responsibilities

To write an effective vp-credit job description, begin by listing detailed duties, responsibilities and expectations. We have included vp-credit job description templates that you can modify and use.

Sample responsibilities for this position include:

Develop and document credit rating models that quantify various aspects of credit risk such as credit ratings, default probability, loss given default, exposure given default
Liaison with Legal Department on all documentation issues related to individual clients for all products including specification of appropriate credit terms using the Documentation Information Form (DIF) used to advise Legal on minimum credit terms to be negotiated
Responsible for the effective credit risk management (evaluation of risk/exposure management) of US federal and state entities, municipalities and their instrumentalities
Support Senior Management in the management of Credit Risk Management Americas
Evaluation and proactive management of credit exposures to assigned names and their subsidiaries/associates/instrumentalities
Preparation of annual credit and industry reviews
Evaluate new investments in the Primary and Secondary Markets by (a) performing thorough analysis of the due diligence information on the Borrower’s business, industry drivers, inherent credit risks, asset valuation and (b) developing a financial model to assess the Borrower’s ability to service debt, evaluate recovery prospects
Regional Banking, Commercial Finance, Real Estate Finance, Corporate Banking, Corporate Finance, Global Payments, Indirect Credit, Trade Finance, Special Credits, Business Banking, Brokerage, CIBM, International Private Banking, Panama, Precious Metals (NY and Australia), Receivable Finance, Canada corporations, oil and gas companies and asset-backed securities conduit
The position has US$ 10MM – 25MM total related credit (TRC) authority (new and transactional), US$20MM – 50MM TRC for reviews and renewals of exposure
Alert senior management to negative developments and trends for clients and segments within the assigned sectors

VP-Credit Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for VP-Credit

List any licenses or certifications required by the position: CFA, FRM, PMP, RICS, PMI

Education for VP-Credit

Typically a job would require a certain level of education.

Employers hiring for the vp-credit job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Economics, Accounting, Statistics, Business, MBA, Engineering, Mathematics, Graduate, Education

Skills for VP-Credit

Desired skills for vp-credit include:

Accounting
Basel II requirements
Regulations and applicable law
Lending process
Transaction structures
Banking industry and regulatory guidelines as they relate to credit review and credit risk management practices
Credit
Credit policies / underwriting standards
Credit policies and procedures
Credit securities pricing and relative value

Desired experience for vp-credit includes:

Execution orientated
Thoughtful analytical skills
Strong interest in programming and design, including Object Oriented programming with excellent knowledge of C++
Pro-active attitude and excellent communication skills
Extensive FI product knowledge
Good drafting ability, but written communications are limited to short policy/guideline documents and trainings

VP-Credit Examples

1

VP-Credit Job Description

Job Description Example
Our growing company is looking for a vp-credit. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for vp-credit
  • Review new products, processes and operations for any additional intraday credit exposure
  • Keep abreast of market conditions, regulatory developments and industry trends to anticipate credit deterioration and recommend corrective courses of action, as needed
  • Be the communication key with relevant stakeholders and external parties regarding credit risk related matters
  • Manage a team of junior credit analysts
  • You will be involved in the pricing and structuring of a wide array of transactions from derivative instruments, structured repos, structured notes and asset based credit facilities
  • Continuously evaluate the effectiveness of the risk management process for the portfolio and make appropriate recommendations for improvement as needed
  • Monitoring of annual and interim financial performance
  • Counterparty/obligor / issuer due diligence, including participation in calls on/meeting with counterparties with Relationship Executive or Sales Personnel
  • Attendance at bank meetings/analyst meetings, as appropriate
  • Annual portfolio review and presentation
Qualifications for vp-credit
  • Advanced Degree (M.S.) required in a highly technical/mathematical discipline
  • Accurate and relevant documentation of required information in all presentations in conformance with Bank policy
  • Processing of all Limits Requests/Product Proposals for the assigned names, preparation of recommendations to senior management for such names
  • Meetings with internal & external auditors and regulators
  • Experience at an investment bank, but other financial services experience
  • Proficiency in MS Excel including macros, vlookup, pivot tables and complex formulas
2

VP-Credit Job Description

Job Description Example
Our growing company is looking for a vp-credit. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for vp-credit
  • A deep understanding of credit and securitization/RMBS models
  • Quantitative bond and credit derivative alphas
  • Fully understand the credit under analysis along with all related regulatory/legal issues and risks involved
  • Provide a full set of credit or claim documents to Desk Execution
  • Providing independent assessments and recommendations to Approval Committees and Senior Risk Approvers regarding the credit worthiness of proposed transaction
  • Perform daily Profit and Loss (P&L) analysis and reporting, and collaboration with the remote team
  • Ensure effective validation and control, timely and transparent communication of results with insightful commentary on drivers such as P&L attributions, market changes, new trading activity, and trading strategies consistent with permitted products listing
  • Diligently monitor a portfolio of credits including recent news, monthly/ quarterly/ annual financial statements, ratings changes, Amendments and Waivers
  • Also proactively manage the portfolio of credits to support relative value based trade ideas (maintain a current view on the industry, key macro themes, sector risks and opportunities, industry leaders and laggards)
  • Manage day-to-day trade and payment activities to support cash management and securities processing businesses
Qualifications for vp-credit
  • Graduate, preferably in a quantitative subject Mathematics, Finance, Economics or IT
  • Knowledge of at least one specialist area
  • Previous experience within a front line advisory compliance role within an investment bank and/or front office
  • A good understanding of the UK and EU regulatory environment
  • Fixed Income product knowledge would be advantageous
  • Experience in developing policies and procedures, assessing conduct risk, identifying conflicts of interest and conducting investigations is desirable
3

VP-Credit Job Description

Job Description Example
Our growing company is looking to fill the role of vp-credit. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for vp-credit
  • Structuring loans and coordinating the credit approval process in conjunction with Underwriters, Client Executives and Credit Executives
  • Ensure the compliance of credit policy & lending guidelines in daily operation
  • Complete credit related projects assigned
  • Responsible for the credit adjudication and decision process for Franchise Finance business segment
  • Be an senior member of the wholesale credit stress testing team responsible for enhancing the Held-for-Investment (HFI) analytics and results presentation process
  • Develops and implements strategic plans to improve Delinquency and the customer experience related to credit & collections policies and procedures
  • Ability to effectively communicate views to senior business partners and senior credit risk management external stakeholders including regulators
  • Global role including overall responsibility for a department or multiple departments within the Credit Organization
  • Evaluating new loan and other credit opportunities
  • Reviewing Investment Committee Memorandums, Credit Approval Packages and Risk Rating recommendations
Qualifications for vp-credit
  • Good knowledge of products/markets
  • Excels in and enjoys coordinating a team effort
  • Bachelor degree in business management, finance or accounting
  • Undergraduate Degree in finance, economics, banking or accounting
  • Significant relevant credit risk sanctioning experience at a top tier institution
  • Languages (French, German, Spanish)
4

VP-Credit Job Description

Job Description Example
Our company is looking for a vp-credit. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for vp-credit
  • Identify demand for new credit products
  • Assist Credit teams in performing studies to update changes to rating methodologies
  • Maintain close relationship with our internal clients including product specialists, loan syndications and risk teams to develop better two way communications and facilitate credit processing
  • Minimum requirement of 5 years of credit analysis experience
  • Solid credit analytical skills
  • Analyze transactions under delegated approval authority, provide approvals and escalate as appropriate
  • Ensure annual ratings review of APAC FI clients
  • Work with Legal to provide documentation to support in ISDA negotiation
  • You will come in at the Snr
  • You will help the team in developing financing solutions for clients based on their business needs
Qualifications for vp-credit
  • 5+ years of product control experience a plus especially in FI Credit group
  • Minimum of 8-15 years proven, progressive and broad-based experience in credit, lending and/or workout areas or equivalent
  • Liaison with different business lines to share client information, ensure smooth and timely credit process to ensure that global reviews are properly and timely executed and to minimize overdue files in collaboration with Relationship Managers (coordination role)
  • Participation to client meetings jointly with Relationship Managers
  • Corporate credit analysis skill
  • Japanese language proficiency for internal/external communication and reading of Japanese financial statements
5

VP-Credit Job Description

Job Description Example
Our company is looking to fill the role of vp-credit. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for vp-credit
  • Recommending and negotiating credit terms in legal documentation with funds
  • Representing RISK I2S in discussion with business and other functions for matters related to APAC funds, and acting as the central point of contact for APAC Credit Team with respect to PS&F activities
  • Providing guidance to junior analysts supporting APAC funds on credit related issues, transaction approvals, legal terms negotiations
  • You will conduct research related to industries specific to our clients, general topics, for the purposes of expanding the team’s business scope and providing innovative solutions to the firm’s client base
  • You will market products internally to sales, and externally with clients – including creating marketing material for new products, helping make products as transparent and clear as possible and explaining them internally and externally
  • You will perform regulatory capital and return analysis for various transactions and maintain models for each transaction
  • You will liaise with various shared services partners
  • Serve as the point of escalation to technology when program issues arise
  • Modeling corporate bond levels
  • Automated risk management strategies for the desk’s market making books
Qualifications for vp-credit
  • Interpersonal relationship skill, team spirit, autonomy
  • Commercial banking product knowledge
  • Credit Derivatives Structuring or Marketing experience in Global Investment Bank based in Japan
  • Minimum 5-7 years of experience in bank operations, securities processing and/or credit analysis
  • BA or BS required, preferably in finance, economics or accounting
  • Have a thorough understanding of the cash and securities payment systems and the settlement restrictions

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