VP Credit Risk-Private Banking recruitment
Our client a large global wealth manager is looking for a Vice President to join their Wealth Management Mortgage Credit Risk team. Coverage within the team includes mortgages, margin, stock financing, special situation secured and unsecured lending, and trading facilities. Primary responsibilities include:
- Initial underwriting and credit application control and monitoring for UHNW residential and commercial lending
- Approval of large, complex residential loans ensuring that credit quality meets internal and secondary market standards and credit policies
- Evaluate and approve collateral that may lie outside standard credit policy and evaluate unsecured transactions
- Evaluate large structured transactions
- Review existing credit facilities and make recommendations regarding changes in credit risk limits
- Monitor credit portfolio for concentration risk, adverse housing price trends, and produce quality portfolio risk reporting for senior management
The ideal candidate has 7+ years Credit Risk experience within a Wealth Management Group or Private Bank. Experience evaluating tax returns for UHNW borrowers including experience with self employed and K-1 partnership documentation. MBA and/or CFA preferred.
July 30, 2010
• Tags: Private Banking, Private Banking recruitment, VP Credit Risk, Wealth Management careers in the USA • Posted in: Financial