VP, Credit Risk Review
Page Executive · Jersey City, NJ · 1 wk ago
Accounting$175k–$200k/yrFull-time
Top tier corporate and investment bank.
About the role
This role provides objective assessment and challenge of underwriting, risk ratings, portfolio management practices, and ongoing credit monitoring across a complex leveraged finance portfolio.
Responsibilities
- Conduct independent reviews of leveraged loan transactions and portfolio exposures to assess overall credit quality and adherence to risk standards.
- Evaluate underwriting practices, transaction structures, covenant packages, repayment capacity, and key credit risks.
- Assess the accuracy and appropriateness of internal risk ratings and borrower classifications.
- Review ongoing portfolio surveillance and monitoring processes to identify deterioration trends and emerging risks.
- Analyse borrower financial statements, projections, capital structures, liquidity profiles, and debt service capabilities.
- Prepare detailed review reports summarising findings, risk assessments, and recommendations for management.
- Challenge credit decisions where appropriate and provide constructive feedback to business and risk partners.
- Monitor trends within leveraged finance markets, industry sectors, and broader economic conditions that may impact portfolio performance.
- Collaborate with internal stakeholders across credit risk, leveraged finance, portfolio management, and audit functions.
- Support regulatory examinations and internal governance initiatives as required.
Requirements
- Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.
- 5+ years of experience in leveraged finance, corporate banking, credit risk, credit underwriting, loan review, portfolio management, or related functions.
- Strong understanding of leveraged loan structures, cash flow lending, acquisition financing, and capital markets transactions.
- Experience analysing middle market and large corporate borrowers.
- Solid financial statement analysis and credit modelling capabilities.
- Knowledge of credit risk frameworks, risk rating methodologies, and portfolio monitoring practices.
- Excellent written and verbal communication skills.
- Ability to present findings and recommendations to senior stakeholders.
Preferred Qualifications
- Experience within an independent credit review, loan review, portfolio risk, regulatory review, or internal audit environment.
- Exposure to syndicated lending and leveraged buyout transactions.
- Advanced degree or professional certification such as CFA, CPA, or FRM.
- Familiarity with regulatory expectations related to leveraged lending and credit risk management.
Pay
$175,000 - $200,000 base salary.