Office Status: Hybrid
Salary: $135,000 – $175,000
Responsibilities:
To improve the risk result and the risk quality of the credit portfolio within his/her responsibility
To balance risk and return focus
Timely accurate and independent analysis of the financial and economic circumstances of single borrowers and borrowing entities (spreading of annual financial statements) as well as assigned industries and decision-making taking into account the most relevant segmentation criteria applicable to each case on hand
Valuation of collateral and its documentation
To fix the Rating in a consistent and risk-sensitive manner in compliance with the applicable guidelines and to overrule Ratings, if necessary
To provide advice and support to the Market unit in the internal exposure discussion
To get actively involved in meetings with the customer occasionally, to hold regular contact by telephone in the case of risk-critical and/or complex credit structures and/or ensure direct access to all relevant electronic deal systems (e.g. intralinks)
To check the contract documentation (especially credit and collateral agreements) and to ensure that the decision is implemented, in particular with respect to any restrictive provisions, covenants and/or collaterals
Identification and early detection of risks, perception of risk signals with proactive approach, maintaining name and accurate data in the Early Warning Tool (EWT and/or Credit Watchlist)
Risk classification (situational) in cooperation with other COs to ensure a consistent, comprehensible credit policy
To monitor and define deteriorations in creditworthiness and to pass on such commitments to the Intensive Treatment units in line with the applicable guideline (right/duty to tender)
Duty to inform Group Head or Head of Department of process disruptions, problematic cases, relevant decisions in individual cases
To comply with the Service Level Agreements in terms of quantity and quality
To ensure data quality (e.g. Rating, Exposure Grids, Collateral, CRR etc.), especially with respect to regulatory requirements (Basel II, KWG)
To promote the transfer of know-how and experience as well as team spirit
To assist the Head of Department or Group Head in performing risk-management tasks in their area (e.g. portfolio analyses)
