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

InfinityRx

Back End Developer Job at InfinityRx

 ...more reliable outcomes for patients and healthcare stakeholders. Were looking for a Software...  ...design and consumption ~ Skilled with unit and integration testing using frameworks...  ...Mix of in-office (New Hyde Park, NY) and remote flexibility Salary Range: $90,000-$120... 

D3 Search

Senior Legal Secretary Job at D3 Search

D3 Search is actively seeking a Snr. Litigation Secretary candidate on behalf of a highly respected CA-based law practice with a growing office situated in San Diego, CA (92101). Position Title: Snr. Litigation Secretary ~ Note: 7+ years relevant litigation...

Final Stretch Delivery

Delivery Driver Associate Job at Final Stretch Delivery

 ...Final Stretch Delivery, LLC is a locally owned and operated Amazon DSP dedicated to providing exceptional delivery service to our community. Location...  ...a positive impact on the community As a Delivery Driver at Final Stretch Delivery, you will play a crucial role... 

The Sack Company

HVAC Engineer Job at The Sack Company

 ...offer competitive pay, great benefits, and the perfect place to launch and grow your career. Job Description: Mechanical Engineer (HVAC)(M.E.)(P.E) The Sack Company, is looking for a Mechanical Engineer in our Charlotte office . Job Summary: We are... 

International House Hotel

Director of Housekeeping Job at International House Hotel

 ...The Director of Housekeeping is r esponsible for the supervision and control of cleaning and servicing all guestrooms, restaurant, function and public spaces in the hotels and Entrepreneur Row. The job duties are critical in the effective supervision of the hotel, as...