Director - Senior Workout Officer - Foreign Investment Bank, NYC Hybrid Job at M-Logic, Inc., New York, NY

dCtPM3U4RmhzRXhVMDNUNGpUaWxDZVRzNWc9PQ==
  • M-Logic, Inc.
  • New York, NY

Job Description

Global Foreign Investment Bank is looking for a director-level Workout Officer to join their Asset Restructuring & Recovery Management Group which manages all defaulted and sensitive/credit watch list exposures. The team works in partnership with client-facing teams to develop and execute optimum recovery strategies on all problem assets in the Americas. The team is responsible for developing valuation analysis and determining all regulatory classifications for impaired assets.

SKILLS AND QUALIFICATIONS:

Must Have:

  • 10 + years of experience working for a major US or international bank
  • 5+ years of experience performing credit analysis;
  • 5 + years of experience working with clients and bank groups; and
  • Minimum 5 years of workout/restructuring experience including working with counterparties and creditors on negotiating/enforcing on loan and trading products
  • Strong credit skills
  • Deep experience with loan documentation
  • Background in negotiating workouts, restructurings, and/or credit agreements
  • Knowledge of US GAAP related to impaired assets
  • Strong working knowledge of financial markets products
  • Deliver as a team player in a fast-paced environment
  • Strong communication skills (written and oral)
  • Ability to communicate messages effectively and succinctly to senior audiences
  • Strong working knowledge of the US Bankruptcy Code
  • Strong working knowledge of US regulatory guidelines and internal policies
  • Experience managing distressed assets, including, but not limited to, the following risks: debtor, counterparty credit, and clearing. Experience leading bank groups as an agent and steering committees
  • Experience working with debtors, lenders, and other creditors in bankruptcy, restructuring, and foreclosure
  • Familiarity and proficiency on FRB regulations including those related to criticized and classified assets; leveraged lending; and best practices in problem asset management.
  • BA or BS

Nice to Have:

  • Knowledge of European Central Bank regulations for problem assets.
  • Familiarity and proficiency managing commodity borrowing base transactions and clearing exposures.
  • Working knowledge of International Accounting Standard related to impaired assets.
  • CFA, MBA, or JD
  • Formal Bank Credit Training Program
  • French
  • Spanish
  • Portuguese

Job Tags

Similar Jobs

Sparks Group

Technical Writer Job at Sparks Group

 ...stakeholders. Interpret a variety of instructions provided in writing, orally, by diagram, or in checklist formats. Understand and translate operations related instructions, standards, regulatory requirements, test data/results, and various other highly technical... 

Sinai Chicago

MSH-RENAL HEMO. DIALYSIS TECHNICIAN Job at Sinai Chicago

 ...Hospital hemodialysis unit is one of the few remaining hospital-based dialysis programs in the country. The hemodialysis unit has always been...  ..., 2 staff shifts (AM and PM), 6 days per week Mon-Sat 3:1 nurse patient ratio o Acute unit, 4 chairs, and also bedside... 

Deutsche Post und DHL

Air Freight Supervisor Job at Deutsche Post und DHL

 ...Title: Air Freight Supervisor Location: Austin, Texas DHL Global Forwarding (DGF) is the world leader in air freight services and...  ...performance-based incentives. * 401(k) Match: $1-for-$1 match up to 4% quarterly + 2% annual base contribution. * Stock... 

DetaPent

Junior Data Analyst Job at DetaPent

Were Hiring: Entry-Level Data / BI Analyst (OPT/CPT Welcome)&##128205; Location: Woonsocket, RI ( Remote )&##128188; Experience: 03 Years &##128338; Job Type: Full-Time ( No employer ) A leading healthcare and retail organization in the U.S. is seeking... 

TekWissen ®

Drilling Fluids Plant Operator Job at TekWissen ®

 ...Client has four principal executive offices located in Paris, Houston, London, and The Hague. This Client is the worlds largest offshore drilling company. Job Description: The MI Fluids Plant Operator is responsible for delivering safe, efficient, and reliable...