Workout Credit Officer - Vice President

As a key member of Deutsche Bank’s Lending franchise, you will focus on credit risk management for underperforming or distressed clients. You will work in close collaboration with Workout colleagues to analyze transactions from underperforming clients or in distressed situations, manage a diversified portfolio, and participate in regulatory audits.

Responsibilities

• Oversee a diversified portfolio of distressed assets, focused on commercial real estate, high-yield structures, and leveraged loans; conduct detailed credit evaluations and monitor borrower financials.
• Design and implement strategies to mitigate risk and maximize recovery, including debt restructuring, insolvency proceedings, and Chapter 11 exit financing.
• Support internal and external audits, ensure policy adherence, and maintain accurate documentation.
• Work with risk management, legal, and deal teams to execute workout plans and present findings to senior management.
• Guide junior credit officers on transaction workflows, policy compliance, and regulatory changes.
• Provide regular updates to senior management on portfolio performance and risk exposure.
• Lead professional transactions, collaborating with the deal team, Workout colleagues, and other stakeholders.
• Provide training and guidance to junior credit officers on transactions workflow as well as policy and regulatory adherence.
• Lead projects to improve the credit process or adapt the portfolio to regulatory changes.

Requirements

• Bachelor’s degree in finance, economics, accounting, or a related field; advanced degree preferred.
• Moderate experience in credit analysis, underwriting, or related financial industry roles.
• Strong analytical and problem-solving abilities, excellent communication and negotiation skills.
• In-depth knowledge of loan origination and workout processes.
• Experience in commercial real estate or similar distressed asset class is highly valued.

Skills

• Strong communication skills and the ability to explain complex and nuanced transaction structures to relevant stakeholders.
• Desire to exceed expectations with work product.
• Demonstrating core Deutsche Bank values, teamwork mindset, entrepreneurial drive, and skillset.
• Ability to deliver presentations effectively and commercially in an interactive setting.
• Ability to work independently and manage multiple priorities.

Benefits

• A diverse and inclusive environment that embraces change, innovation, and collaboration.
• Hybrid working model, allowing for in-office/work-from-home flexibility, generous vacation, personal, and volunteer days.
• Employee Resource Groups that support an inclusive workplace and promote community engagement.
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family-building benefits.
• Educational resources, matching gift, and volunteer programs.

Pay

The salary range for this position in New York City is $120,000 to $205,500. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location, and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model. Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.