Senior Credit Analyst (AVP Level)

Posted: 4 months ago

SUMMARY
The (Senior) Credit Analyst is responsible for managing all credit issues relating to assigned NY and Mexico corporate accounts (mixed portfolio of Mid-Market, Large Corporate and Key Account customers). This includes tasks such as preparation of credit applications, periodic reviews, ratings and ensuring regulatory compliance. The (Senior) Credit Analyst prepares/supports with loan and collateral documentation. Monitoring of assigned corporate accounts, reporting and proposing adequate risk-reducing measures are further central tasks.

DUTIES

  • Assess the creditworthiness of existing/prospective borrowers (and guarantors) in various industry sectors and propose adequate loan/facility/collateral structures, terms and conditions and documentation.
  • Independently prepare ratings, financial spreads, credit applications, periodic reviews, amendment and waiver decisions as well as other internal documents that relate to credit issues.
  • Draft and/or review of loan and collateral documentation, waiver, ancillaries and amendments under German or U.S. law in conjunction with internal/external legal counsel as applicable.
  • Maintain credit and collateral files and databases and ensure compliance with German and U.S. regulatory framework.
  • Ongoing monitoring of assigned corporate accounts. Identify potential problems early on and propose adequate risk-reducing measures.
  • Regular status reporting to manager, risk committee, NY branch management and various recipients in head office based on established internal protocol (e.g. Watch List procedure).
  • Liaise closely with customers, relationship managers in Germany, NY and Mexico and risk management in Germany and NY.
  • Proactive in suggesting improvements to credit process work flow (e.g. standardization, tools).
  • Participation in digitalization and other projects.

SKILLS REQUIRED
  • Thorough knowledge and experience in financial statement analysis (HGB, US GAAP, IFRS).
  • Ability to work proactively and well under pressure.
  • Good oral and written communication skills.
  • German or Spanish language skills, a plus.
  • Thorough knowledge of LBBW lending procedures.
  • Sound knowledge of U.S. and German banking system and regulatory environment.
  • Solid background in relevant German and U.S. business laws.
  • Team player on a group and interdepartmental basis.
  • 5+ years of experience in risk management of corporate accounts.
  • Advanced MS Office.


EDUCATION
  • Bachelor's or Master's degree in business, economics, or related field.

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