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Credit Risk Management - Vice President, Oil & Gas
Finance & Investment Industry Company
New York, NY, United States
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Company is a leading global wealth manager with strong investment banking and asset management capabilities. Founded in 1856, Company has expanded to be a global force employing over 45,000 people in 50 countries. With new leadership, a new strategy and a streamlined global organization, we are set for growth. We partner across businesses, divisions and regions to create innovative solutions to meet the needs of our clients—and to help our employees grow. It is a high priority for us to continually invest in our employees by providing ongoing opportunities for training, networking and mobility. Join us and let's shape the future of Company together.
We Offer
Company’s Corporate Credit Risk Management (CRM) team in North America partners with key stakeholders throughout the Bank to meet business demands and an evolving regulatory environment in the US.
CS is seeking a Vice President-level candidate to assist a Director to manage underwriting proposals through the credit approval process and provide senior guidance in monitoring of a portfolio of assigned counterparties within the Natural Resources industry verticals.
Responsibilities to include:
Underwriting: Responsibility for assisting Director in managing transaction requests within the Natural Resources industry verticals including underwritten, best efforts and relationship loans. Additional responsibility includes approval of other counterparty credit requests including derivative, margin loan and other related industry credit extensions. Assist Director in managing communication flow with senior members of transaction teams regarding due diligence, process and approvals.
Credit Monitoring: Ensure ongoing monitoring analyses and documents – including any Shared National Credit exam-specific documents – are prepared to a high quality standard and archived in a manner consistent with approved CS Policies and Procedures. Assist Director in identifying counterparties with deteriorating credit trends, perform monthly re-assessments of credit and regulatory ratings, document proposed rating changes, recommend counterparties for addition/removal from watch lists, and escalate specific credit concerns.
Management of Underwriting/Monitoring Process:
Prioritize, supervise and guide work of Junior Credit Analysts within the team
Prepare credit pages for leveraged loan memoranda and participate in the due diligence process
Ensure underwriting memoranda documentation and all ongoing monitoring documentation are prepared and archived in a manner consistent with approved CS Policies and Procedures
Document all deviations from established underwriting standards and ensure appropriate escalation procedures are followed when underwriting standard thresholds are expected to be breached.
Company maintains a Working Flexibility Policy, subject to the terms as set forth in the Company United States Employment Handbook.
You Offer
Minimum of 5 years of related credit underwriting experience within a wholesale banking organization.
At least 4 years of experience covering Oil & Gas sub-sectors and loan products, specifically Exploration & Production and Reserve-Based Loans.
Prior experience with Exploration & Production Lending and/or Workouts and/or technical expertise in Oil & Gas engineering preferred.
Prior experience negotiating credit and trading terms/documentation.
Bachelor’s Degree in Accounting / Finance / Economics.
Strong analytical and writing skills.
Strong attention to detail and ability to multi-task.
Ability to work on a team under demanding deadlines.
Ability to succinctly communicate with and present to senior managers.
Strong motivation and ability deliver quality work products with minimal supervision.
Experience mentoring and/or managing junior team members.
Company is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success. Company complies with applicable federal, state, and local laws prohibiting discrimination in employment in every jurisdiction in which it maintains facilities. Subject to applicable law and regulatory requirements, Company complies with state and local laws regarding considering for employment qualified individuals with criminal histories.