Job Location : New York,NY, USA
We are looking for an experienced VP Leveraged Finance Risk to join our team. Your next role will require a solid understanding of the drivers, opportunities and challenges of the US leveraged finance markets. You should have extensive experience in Leveraged Finance transactions and be familiar with all associated credit products including their inherent risks. You should also be familiar with best practices with regard to the execution of protective legal documentation and other risk mitigants.
To be successful as a VP Leveraged Finance Risk, you should have:
* Ample understanding of leveraged finance and banking products, including derivatives documentation and terms
* Analytical skills with attention to detail, ability to provide big picture decision making, and ability to mentor and train junior staff.
* Possess effective interpersonal, verbal and written communication skills, and have the ability to clearly articulate complex concepts and ideas
Some other highly valued skills may include:
* An MBA, CFA and / or Formal Credit training
* Extensive credit experience in Leveraged Finance risk and transactions
* Experience of building and maintaining effective relationships at a senior level
* Understanding of regulatory requirements affecting the portfolio
You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.
This role is located in New York, NY.
Minimum Salary: $165,000
Maximum Salary: $225,000
The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available.
Purpose of the role
To assess and approve/decline credit applications based on established credit policies, risk appetite, and regulatory requirement and analysing financial information, evaluating creditworthiness, and recommending credit terms and conditions to ensure responsible lending practices.
Accountabilities
* Analysis of lending applications, financial statements, credit reports, and other relevant documents to assess the borrower's creditworthiness and repayment capacity.
* Monitoring the performance of approved lending , identifying potential risks and early warning signs of delinquency.
* Evaluation of the risk profile of each application considering factors like industry trends, borrower financials, collateral, and market conditions.
* Provision of independent credit decisions on lending applications, adhering to established credit policies, risk parameters, and regulatory requirements.
* Development and implementation of appropriate course of action for troubled lending , including workout plans, restructuring, or collections.
Vice President Expectations
* Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
* Manage and mitigate risks through assessment, in support of the control and governance agenda.
* Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
* Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
* Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
* Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
* Adopt and include the outcomes of extensive research in problem solving processes.
* Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.
All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship - our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset - to Empower, Challenge and Drive - the operating manual for how we behave.