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

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... 

KYOCERA AVX Components Corporation

Control System Engineer Job at KYOCERA AVX Components Corporation

 ...Position Summary: The Equipment Controls System Engineer is assigned to improve equipment controls systems and to integrate equipment controls systems with higher level production and quality control software systems. Responsible to support the Kyocera AVX initiative... 

Deutsche Post und DHL

Customs Brokerage Manager Job at Deutsche Post und DHL

 ...performance-based incentives. ~401(k) Match: $1-for-$1 match up to 4% quarterly + 2% annual base contribution. ~ Stock Purchase...  ...Global Forwarding (DGF) is a global leader in air and ocean freight, with 30,000+ employees ensuring seamless transport and supply chain... 

Intsel Steel West

Branch Manager Job at Intsel Steel West

 ...The key role of the Branch Manager is to ensure new business development and sales while leveraging the strengths of the overall company...  ...Manager to identify and capture new accounts in both the geographic area and the area of the branch expertise. The Outside Sales... 

U.S. Tsubaki Power Transmission, LLC

Assembler / Operator (SDKY) - 3rd Shift Job at U.S. Tsubaki Power Transmission, LLC

 ...compliance with OSHA regulations and workplace safety regulations. Operates material handling equipment including but not limited to...  ...school diploma or equivalent preferred; equivalent relevant experience may be considered ~1 - 2 years manufacturing related experience...