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

FORTIS Resource Partners

Human Resources Admin Job at FORTIS Resource Partners

 ...Our client is seeking a dynamic Human Resources Admin for a 3-month contract, part-time, 8-16 hours per week, at their Santa Fe Springs location. The working environment is fast-paced, high-volume, and dynamic. Position Responsibilities may include, but are not limited... 

CAREonsite

Licensed Vocationall Nurse Job at CAREonsite

 ...Join CAREonsite as a Licensed Vocational Nurse (LVN) Occupational Health & Disability Management! CAREonsite, a division of Tang & Company, provides occupational medical services nationwide. We have an exciting opportunity for a highly motivated Licensed Vocational Nurse... 

Charter One

Accounting Clerk Job at Charter One

 ...Minimum Qualifications: High school diploma or equivalent; associates degree in accounting or a related field Valid AZ IVP Fingerprint Clearance card One year or more experience in bookkeeping, accounting, or a similar role Preferred Qualifications:... 

The Axel Group, LLC

Junior Estimator Job at The Axel Group, LLC

 ...ground up. Why This Role Is a Great Fit Perfect for recent grads, upcoming graduates, or professionals with 018 months of experience Learn directly from a seasoned Head Estimator/Head of Sales Exposure to million-dollar custom homes and high-end... 

Basilica of the National Shrine of the Immaculate Conception

Security Guard Job at Basilica of the National Shrine of the Immaculate Conception

The Basilica of the National Shrine of the Immaculate Conception is accepting applications for part-time security personnel to ensure a safe and welcoming environment for its visitors and pilgrims. The position is responsible for monitoring assigned areas with vigilance...