VP Private Banking Credit Risk recruitment
Responsibilities:
• Pre-screen appropriate transactions and communicate with Origination team, Sales coverage and/or Financial Advisor.
• Responsible for conducting all due diligence on new credit requests including credit analysis, financial statement analysis, client calls and visits.
• Develop and negotiate structuring recommendations within context of firm’s credit policy and philosophy. Produce high quality credit memoranda clearly outlining transaction, purpose, strengths, risks and mitigates.
• Make approval or decline recommendations to Credit Approval authorities or Credit Committee as applicable. Articulate recommendation in a clear, concise and informed manner. Demonstrate acceptable level of preparation and knowledge.
• Work with internal and external legal counsel to prepare loan agreements. Negotiate and execute loan agreements.
• Manage all loan requests within stated turn times unless justified as an exception. Manage expectations through active communication with Origination Team, FA and/or Sales Coverage.
• Provide guidance on procedures and make recommendations where appropriate
• Provide for accurate, complete and timely hand-off of transactions to Portfolio Management team after booking and funding and to Loan Operations team for booking and funding.
• Ensure accurate and timely update of Origination Workflow Tracker and data base management system.
• Participate in ongoing pipeline meetings. Facilitate meeting budgeted loan volume goals through efficient and timely processing of loan requests.
• Extend training and sales support, as needed through ongoing interactions with business/sales/financial advisors.
• Maintain ongoing communication with Origination Team, Financial Advisor Coverage, management and Financial Advisors.
Requirements:
• 7+ years credit risk experience in private banking, wealth management or commercial banking in lending
• Formal commercial credit training required
• Broad experience providing counterparty credit risk for lending portfolios within the private bank
• Excellent Communication skills, proactive approach to resolution of process deficiencies
• Bachelor degree required. CPA/CA preferred
For immediate consideration, please forward resume and contact details to: info@ashtonlanegroup.com
Ashton Lane Group is a boutique executive recruitment firm serving the Banking, Insurance, and Alternative Investment sectors. For the latest opportunities, visit www.AshtonLaneGroup.com
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