Business Overview:
Corporate Credit Management ( CCM ) is a transversal team in support of the approximately 800 Corporate Clients of the North American platform. The CCM team works to ensure coverage, monitoring & execution of all counterparty risk requests for the Corporate platform. Three functional pillars exist in the team including:
- Corporate Credit Team consists of the Credit Analyst & Account Management organizations which provide sector/transaction specialized risk monitoring for the Corporate platform
- Transaction Management Front Office liaison team for all functional teams. In addition, provides support on complex transaction and project management
- Corporate Credit Coordination coordinates credit process/methodology topics throughout the CCM team and the Corporate platform
Responsibilities:
Responsible for the credit management of assigned corporate client relationships. Specifically:
- Manage and monitor the credit quality of a portfolio of assigned corporate clients including periodic review of borrower financial statements, covenant compliance reports, press releases and news articles, rating agency and equity analyst reports, industry trends, etc.
- Evaluate clients/transactions for risk-related changes
- Clients consists of US subsidiaries (i.e. Contributors ) of foreign companies (i.e. Pilots )
- Perform credit analysis and prepare credit memoranda for assigned accounts including new transactions, annual reviews, renewals, amendments, waiver requests and financial updates
- Strong interaction with the Risk department, Coverage and Product teams including coordinating the credit process amongst the various Product and Risk Teams to ensure an efficient turnaround of transactions
- Maintain reporting related to the portfolio including pipeline tracking, exposure tracking, and other general reports
- Interact with internal and external auditors during loan examinations
- Interact with other bank branches to coordinate on client strategy
- Attend bank meetings and/or client calls with the Relationship Manager
Minimum Required Qualifications
- Degree in Finance or Accounting
- Solid knowledge of financial statement analysis and robust fundamental corporate credit analysis skillset
- Good knowledge of general banking products and banking practices including a strong understanding of loan structure, terms and credit agreements
- Projection/forecasting modeling skills
- Strong business writing skills
- Proficiency in Word and Excel
- 2 - 5 years of prior experience in corporate banking (preferably in corporate credit management) and/or at rating agencies
Preferred Qualifications:
- Master in Finance
- CFA (or CFA candidacy)
- Completion of formal credit training courses