AVP, Oil + Gas Credit Risk, Bulge Bracket Bank
The role will involve:
Effective credit risk management (evaluation of risk/exposure management) of credits within the North American Natural Resources sectors, including Oil and Gas, Mining and Metals, and Chemicals
Prudent and appropriate use of delegated discretion to approve the granting of credit approval in accordance with Bank policy
Ensuring continued growth of the business without incurring unmanageable risks
Engage in assessing and making recommendations of proposals received from business development/product areas
Stay current with financial analysis and risk profile of the assigned sectors, borrowers and
counterparties
Alerting senior management to negative developments and trends within the assigned sectors
Main Duties
Prepare and oversee/add value to credit papers and industry reviews
Maintain integrity of credit risk function whilst ensuring that the team continues to fully support Front Office relationship and sales staff
Engage with IBD, Legal, Leveraged Finance, and Commodities to structure satisfactory credit terms in lien-based secured lending and trading documentation
Where sector difficulties or client specific difficulties are identified, provide hands-on support to the team to ensure that appropriate action is taken to mitigate credit risk
Development of personal contacts with all product teams and related support functions
Supported by the use of both internal and external financial models, the candidate analyzes: (1) the probability of default of the client based on its capitalization structure, ability to generate cash flow to meet debt requirements, and (2) the loss given default/probable recovery of the principal due under the contract. The analysis to be performed for each transaction entails a thorough review of the client historical operating performance (analysis of balance sheet, cash flow and income statement), ability to achieve projected future results based on a set of variables (including, but not limited to, market.
Our client is looking for:
Bachelors Degree in finance or comparable field
2+ years' experience in a commercial or investment bank covering both investment grade and leveraged and/or sub-investment grade clients
1 plus years experience in leveraged corporate/financial institutions/structured credit, documentation issues and capital markets
1 plus years experience with worksheet-based financial modeling and analysis of financial projections
Preferred Qualifications :
Strong written and verbal presentations skills.
Experience in leveraged corporate/financial institutions/structured credit, documentation issues and capital markets
Experience in the Natural Resources sector, especially Oil Gas.
Knowledge of Loan, High Yield and derivatives documentation.
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