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

Mindlance

Senior ETL Consultant Job at Mindlance

Position Details: Title: Lead ETL Developer Duration: 6+ Months (with Possible Extension of 1 year) Location: Boston, MA Work Mode: Hybrid Work hours: 37.5 hours per week Key Responsibilities: Participate in crafting application architecture document...

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... 

Orion Talent

Account Manager Job at Orion Talent

 ...Compensation: $,65000$75,000 annually Travel: Moderate travel for customer visits, trade shows, and industry events. Benefits:...  ... Coordinate internally with operations, inventory, and service teams to ensure customer requirements are fulfilled Conduct... 

Windsor Fashions

Creative Producer Job at Windsor Fashions

 ...The Creative Producer plays a key role by leading and managing photo and video productions that define Windsors brand identity and visual storytelling. The Creative Producer oversees creative projects from concept through completion, ensuring that every campaign and shoot... 

Roundglass

Content and Briefs Writer Job at Roundglass

Position Title: Content & Briefs Writer Location: Bellevue, WA Position Type: Regular, Full-Time Who we are: At Roundglass, our mission is to inspire and enable a wholistic wellbeing movement that nurtures individuals and communities alike. We do this through...