Senior Credit Officer

Senior Credit Risk Officer

The Senior Credit Risk Officer makes decisions within the limits of their lending authority or makes recommendations and is primarily responsible for credit synopses for which they have prepared the loan records. Guided by the highest quality standards in analysis and decision-making, the Senior Credit Risk Officer takes into account the riskiness of an exposure to which they match the amount of work and depth of analysis required, even deviating from applicable standards if necessary. They work out possible loan structures and/or risk mitigation schemes with the competent group relationship manager in internal exposure discussions. They may get actively involved in meetings with customers in the case of risk-critical and/or complex credit structures. In addition to their primary risk responsibility, they share responsibility for the performance (gross/value contribution margin) of the exposure they process. They handle the one-step credit processing for the borrowing entity, including the relevant German and non-German borrowers, and thus act as Group Credit Officer. In doing so, they are guided by the strategic goals, business policy focus, and in particular by the Bank’s credit risk strategy.

Essential Duties and Responsibilities

• To improve the risk result and the risk quality of the credit portfolio within their responsibility- To balance risk and return focus- Timely accurate and independent analysis of the financial and economic circumstances of single borrowers and borrowing entities (spreading of annual financial statements) as well as assigned industries and decision-making taking into account the most relevant segmentation criteria applicable to each case on hand- Valuation of collateral and its documentation- To fix the Rating in a consistent and risk-sensitive manner in compliance with the applicable guidelines and to overrule Ratings if necessary- To provide advice and support to the Market unit in the internal exposure discussion- To get actively involved in meetings with the customer occasionally, to hold regular contact by telephone in the case of risk-critical and/or complex credit structures and/or ensure direct access to all relevant electronic deal systems (e.g. intralinks)- To check the contract documentation (especially credit and collateral agreements) and to ensure that the decision is implemented, in particular with respect to any restrictive provisions, covenants, and/or collaterals- Identification and early detection of risks, perception of risk signals with proactive approach, maintaining name and accurate data in the Early Warning Tool (EWT and/or Credit Watchlist)- Risk classification (situational) in cooperation with other Credit Officers to ensure a consistent, comprehensible credit policy- To take into account portfolio targets- To monitor and define deteriorations in creditworthiness and to pass on such commitments to the Intensive Treatment units in line with the applicable guideline (right/duty to tender)- Duty to inform Group Head or Head of Department of process disruptions, problematic cases, relevant decisions in individual cases- To comply with the Service Level Agreements in terms of quantity and quality- To ensure data quality (e.g. Rating, Exposure Grids, Collateral, CRR etc.), especially with respect to regulatory requirements (Basel II, KWG)- To promote the transfer of know-how and experience as well as team spirit- To assist the Head of Department or Group Head in performing risk-management tasks in their area (e.g. portfolio analyses)- To act as an instructor or speaker in internal qualification measures and to junior staff in training- To verify and act on daily and weekly overdraft reports, reporting violations- To maintain follow-up on conditions/preconditions and their respective fulfillment- Responsible for special projects, such as preparing for audit- Miscellaneous responsibilities as required

Experience /Qualifications/Education

• Several years of experience in the analysis and decision of credit exposures in corporate lending operations with in-depth credit know-how, ideally supplemented by special preparatory training- Solid finance and accounting background- Comprehensive financial modeling/projections and sensitivity requirements- Minimum BA/BS in a business-related discipline; MBA/CFA a plus- Comprehensive knowledge of legal and tax matters relating to the credit business- Comprehensive general and business management knowledge as well as knowledge of industry analyses- Comprehensive knowledge of the wide range of finance products- Excellent verbal and written communication skills

Base Salary Range: $150,000 - $170,000 annually