Workout Credit Officer - Vice President

at  Deutsche Bank

POSITION OVERVIEW

Job Title Workout Credit Officer
Corporate Title Vice President
Location New York, NY

SKILLS YOU’LL NEED

• A degree in accounting, finance or economics from accredited college or university (or relevant work experience) and an extensive credit analysis experience (ideally with part in non-investment grade credit lending and/or commercial real estate)
• Solid understanding of leveraged market and regulatory standards with an ability to assess credit structures and documentation and suggest appropriate changes
• Strong accounting and credit risk analysis skills (leveraged loan and high yield structures a plus, as is experience with commercial real estate structures), financial modeling/forecasting, and understanding of derivative structures
• Good knowledge of a range of commercial banking products and associated documentation, such as swaps, FX, Cash management, and Trade finance products

SKILLS THAT WILL HELP YOU EXCEL

• Excellent communication skills, both written and verbal, with the ability to articulate recommendations and build consensus
• Experience related to workouts / distressed credit situations, either in an origination or credit risk management capacity
• Exposure to various industry verticals across the corporate lending space; commercial real estate experience a plus

• Analyze transactions and credit requests, mostly in the leverage lending and commercial real estate sectors, including amendments and extensions, exit financing from Chapter 11, debt restructuring and insolvency proceedings, Foreign Exchange (FX)/ Inherent Risk/commodity derivatives, transaction banking, etc. and provide credit recommendations / present to senior management and /or underwriters
• Assist in interactions with and associated on-going reporting requirements for internal / external auditors and regulatory authorities
• Ensure credit approval documentation is consistent with lending policies and applicable regulations
• Portfolio management (in conjunction with credit and front office colleagues): responsible for ongoing quarterly and annual portfolio monitoring for assigned counterparties as well as limit review including oversight of data integrity in credit systems
• Management of and participation in diverse internal projects