Wholesale Credit Risk assesses, permissions, and manages credit and counterparty risks on an industry, client, geographic, and transaction basis within the Commercial and Investment Bank.   The team is organized by industry, and has risk responsibility globally for nearly every bank product and risk exposure available to corporate clients in the capital markets today.   Teams work closely with coverage and product groups to support business needs, and operate independently within Corporate Risk Management, reporting to the firm’s Chief Risk Officer (CRO).  Our practices are designed to preserve the independence and integrity of decision making.

Associates utilize superior analytical skills, combined with credit and industry knowledge, to make and support credit decisions for a portfolio of clients.  They collaborate across credit risk and the business teams to meet client credit requests, while balancing the risk-return needs of the Firm.  They constantly monitor their portfolio to accurately assign risk ratings to clients and facilities, while ensuring a robust culture of compliance is adhered to at all times.  They are exceptional partners with all colleagues, and are skilled trainers and developers of the junior team members in Wholesale Credit Risk.

 

Job responsibilities

 

Manages and monitors a portfolio of client credit exposures, across industry classes, on an ongoing basisTakes ownership of client credit needs and projects and independently develops a credit opinionOversees and conducts credit analysis and approves or seeks approval for all lending and trading related transactions, including operating exposures, individually or as part of a deal team Provides credit expertise in structuring new loan and derivative transactionsLeads or assists in negotiating, finalizing, and executing documentation for loans and derivatives Remains current on all aspects of the credit relationship, including exposure, compliance, potential problems and opportunitiesProvides a cohesive and comprehensive approach to review ratings, risk assessment, portfolios, clients and industries in their sector Prepares and presents quarterly and annual risk reviews and tiering analysesReviews and assigns risk ratings and maintains updated credit research on their portfolio of clientsWorks with CIB Coverage, CB Coverage and Americas Corporate Banking on allocation of capital for clients; maintains threshold and industry limits

Required qualifications, capabilities and skills 

Excellent accounting and corporate finance expertiseCompletion of a major corporate bank credit training program or equivalent experienceStrong analytical and financial modeling abilitySolid knowledge of loan and derivative products, documentation, and structuringExperience negotiating legal documents associated with credit productsAn interest in client interactionOutstanding verbal and written communication, along with strong inter-personal skills An exceptional work ethicAbility to work well under pressure on teams in a demanding environment Proficiency in Excel, PowerPoint and Word software Minimum of 3 years related experience in credit risk, either in banking or a corporate finance role

Preferred qualifications, capabilities and skills

BA/BAA degree required, MBA or CFA designation is a plus