Senior Credit Underwriter / Credit Underwriter II - Global Wealth & Investment Management

Responsibilities

• Leads the credit analysis process with the support of other analysts and associates
• PARTNERS WITH CREDIT OFFICERS, RELATIONSHIP MANAGEMENT, AND RISK TEAM MEMBERS TO UNDERSTAND STRUCTURING NEEDS AND REQUIREMENTS
• MONITORS OPERATING PERFORMANCE AND FINANCIAL CONDITION, PROACTIVELY IDENTIFYING ISSUES AND OPPORTUNITIES
• ASSISTS IN DELIVERING FINANCIAL MODELING, LOAN STRUCTURE, INDUSTRY, ECONOMIC, AND OTHER ANALYSES TO TEAM MEMBERS TO SUPPORT THE LOAN DECISION-MAKING PROCESS
• REVIEWS WORK OF JUNIOR TEAMMATES TO PROVIDE FEEDBACK/COACHING AND ENSURE COMPLIANCE WITH LAWS, RULES, REGULATIONS AND POLICY PROCEDURE
• MAY HAVE PRIMARY COVERAGE RESPONSIBILITY FOR A PORTFOLIO OF CLIENTS WITH LIMITED COMPLEXITY AND CREDIT APPROVAL FOR CERTAIN CREDIT ACTIONS
• PARTICIPATE IN LOAN STRUCTURE CONVERSATIONS AND COMPLETION OF LOAN DOCUMENTATION WITH INTERNAL/EXTERNAL LEGAL PARTNERS
• COMPLETE CREDIT APPROVAL MEMOS (CAMs) AND MODIFICATIONS TO SECURE CREDIT APPROVAL FOR COMPLEX, CUSTOM LOAN PRODUCTS SECURED BY MARKETABLE SECURITIES
• PERFORM DETAILED MARKETABLE SECURITIES COLLATERAL ANALYSIS ON STOCK CONCENTRATIONS, CONTROL / RESTRICTED STOCK, REIT OPERATING UNITS, EXCHANGE FUNDS, AND DERIVATIVE SECURITIES
• SYNTHESIZE COMPREHENSIVE FINANCIAL INFORMATION TO ASSESS LIQUIDITY, LEVERAGE, CASH FLOW, KEY RISKS/MITIGANTS, AND LEGAL STRUCTURES (TRUSTS, SPECIAL WEALTH VEHICLES, ETC.), APPLYING SOUND JUDGMENT TO SUPPORT APPROPRIATE CREDIT DECISIONS
• PROACTIVELY MANAGE DEAL PIPELINE AND ENSURE TIMELY PROGRESSION OF NEW AND EXISTING TRANSACTIONS

Requirements

• 3 - 5+ YEARS OF COMMERCIAL AND/OR PRIVATE WEALTH MANAGEMENT CREDIT EXPERIENCE
• STRONG FINANCIAL ANALYSIS, ACCOUNTING SKILLS, AND DEAL STRUCTURING FOR BORROWERS WITH COMPLEX BALANCE SHEETS AND INCOME STREAMS
• STRONG NEGOTIATION AND COMMUNICATION SKILLS
• ORGANIZED AND DETAIL ORIENTED WITH ABILITY TO MULTI-TASK
• PROFICIENCY IN WORD, EXCEL AND POWERPOINT
• EXCELLENT INTERPERSONAL SKILLS AND THE ABILITY TO BUILD BUSINESS PARTNERSHIPS WITH RISK, OPERATIONS, AND CLIENT TEAMS THAT MAY NOT BE CO-LOCATED

Desired Qualifications

• FORMAL CREDIT TRAINING AND/OR COMMERCIAL/WEALTH MANAGEMENT CREDIT EXPERIENCE PREFERRED
• BACHELOR’S DEGREE IN BUSINESS ADMINISTRATION, FINANCE, ACCOUNTING OR ECONOMICS PREFERRED
• EXPERIENCE WITH MARKETABLE SECURITIES LENDING PREFERRED