Credit Officer II - Asset Based Finance

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This job is responsible for managing clients and related credit products, partnering closely with relationship management, sales/trading, treasury management, operations and risk teams to support the client relationship. Key responsibilities include underwriting, monitoring, managing operational needs and/or client requests. Job expectations include credit-focused client management responsibilities, independent thought leadership, strong leadership skills, the ability to provide feedback to less experienced teammates and may also manage a team.

More specifically, this job is responsible for managing, monitoring, and documenting credit risk for an asset based (ABL) portfolio of clients. Key responsibilities include monitoring changes in credit profiles, compliance with credit agreements as well as structuring and underwriting new financing solutions across the Global Banking and Markets product spectrum. Job expectations may include assessing risk solutions which adhere to the bank's risk appetite and risk strategies and coaching and leading team members.

“Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy”

Responsibilities:

• Partners with relationship management and product partners to assess clients’ credit needs and create solutions

• Drives credit and risk approval processes for new credit originations, renewals, increases, and modifications

• Leads ongoing monitoring efforts for a portfolio of clients in compliance with regulations, policy and procedure

• Drives the growth of funded loans and revenue while mitigating risks, maintaining asset quality and adhering to regulatory requirements

• Serves as an escalation point for complex credit transactions

• Mentors and supports associates

• Oversee credit assessment and approval by evaluating borrower creditworthiness through financial analysis, forecasting, industry and company risk assessment, and due diligence to support high-quality decisions across Corporate Banking, Investment Banking, Global Markets, and Treasury

• Exercises Delegated Approval Authority to structure and approve transactions, including lending limits, deal terms, risk ratings, renewals, and breach actions, applying sound judgment and maintaining alignment with the bank’s risk appetite

• Leads credit origination and portfolio management by partnering with cross-functional teams, serving as a senior advisor on credit matters, and ensuring accurate risk ratings and proactive management of asset quality throughout the client lifecycle

Required Qualifications:

• 7+ years of experience in asset based and/or commercial lending

• Experience in monitoring the credit health of asset based or commercial lending clients.

• Strong knowledge and comprehension of loan and collateral documentation

• Ability to accurately analyze borrower’s financial picture and deliver a comprehensive risk analysis to manager and risk officers

• Confidence and ability to develop an independent viewpoint and present a business case to support conclusions

• Excellent relationship management skills, experience working in a team environment, ability to help influence constituencies with diverse views towards consensus

• Coaching and mentoring skills

• Proficiency in Microsoft Office Excel, Word, Outlook, PowerPoint

Desired Qualifications:

• Bachelor’s degree in accounting and/or finance

• 10+ years of experience in asset-based lending and/or commercial lending

Skills:

• Business Acumen

• Coaching

• Decision Making

• Loan Structuring

• Collaboration

• Credit Documentation Requirements

• Oral Communications

• Risk Management

• Written Communications

• Client Solutions Advisory

• Underwriting

• Analytical Thinking

• Credit & Risk Assessment

• Attention to Detail and Organizational Effectiveness

• Financial Analysis, Forecasting, Modeling & Research Analysis

Shift:

1st shift (United States of America)

Hours Per Week: 

40