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Director, Loan Workout (Corporates)

  • New York, NY
  • Full Time

Apply for the Director, Loan Workout (Corporates) position

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Office Status: Hybrid
Salary: Up to $220,000

Responsibilities:

  • Review and process of waivers and amendments, leading the preparation of credit applications, managing the credit process with the Credit Department and back office, performing any due diligence activities, and negotiating documentation.
  • Keep abreast of business and market trends that may affect deal/portfolio performance.
  • Prepare periodic reports and information pertaining to the account for senior management. Pro-actively escalate credit risk, loss events to management if applicable.
  • On a quarterly basis analyze and report reserve/write-off calculations complying with both US GAAP and JGAAP, assign proper accrual / non-accrual status, and handle credit cost forecasts.
  • Prepare materials for regulator examinations, external and internal audits.
  • Ensure compliance of all internal and external matters in accordance with banking regulations, bank policy and best
    practices.

  • Provide mentorship and guidance to deal team members and give guidance and feedback. Help train junior members of team.
  • Undertake ad hoc tasks and projects as required and assigned.