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

Haugland Group LLC

Environmental Safety Manager Job at Haugland Group LLC

 ...experienced Safety Professional. We are seeking a motivated Stony Brook University graduate (or equivalent) with a degree in Environmental Science and a solid foundation in Environmental Health & Safety. The ideal candidate will be familiar with EPA and NYS DEC regulations... 

Sun Country Builders

Assistant Project Manager Job at Sun Country Builders

 ...Country Builders is an award-winning builder of multi-family affordable homes. We believe in meaningful relationships with our employees...  ...) licenses. The firms primary area of work is multi-family housing, most typically of Type-V construction, either with or without... 

Spotix Inc.

Director of Growth Marketing Job at Spotix Inc.

 ...networks, or marketplaces; analytics/BI skills helpful. Why You Should Work at Spotix: We offer competitive pay in a growing online landscape with a fun work environment and unique employee benefits like Friday afternoon cookouts. Were a team of talented and... 

Tata Consultancy Services

Onsite Resident Engineer Job at Tata Consultancy Services

 ...tracking tools (e.g., JIRA, DOORS, DAVIE, DSA). Work closely with offshore/engineering teams to provide reproducible steps, logs, and test...  ...Summary: Discretionary Annual Incentive. Comprehensive Medical Coverage: Medical & Health, Dental & Vision, Disability... 

Security Finance

Licensing Specialist Job at Security Finance

 ...details buttoned up, this role will put your skills to work. As a Licensing and Ancillary Product Specialist, you will play a key part in ensuring our field agents are properly licensed to sell credit insuranceand that we stay in lockstep with state regulations. You...