Credit Underwriter II - Global Corporate & Investment Banking

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Job Description:
This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions.

Credit Associates conduct intensive qualitative and quantitative analysis on company, industry and macroeconomic factors to support credit decisions for GCIB clients in the Energy & Power industry. Associates will be deeply involved with underwriting, structuring and documenting financial solutions to meet client credit needs related to working capital loans, M&A financing, hedging, leasing and treasury management products.

Responsibilities:

• Analyzes client's financial performance by comparing it to past performance, projections, and industry standards

• Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted

• Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures

• Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital

• Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings

• Trains, coaches, and mentors Credit Analysts

• Developing financial statement forecasts and enterprise valuations

• Discussing the merits of financing transactions from a credit risk and relationship perspective while modeling transaction and relationship profitability

• Reviewing legal documentation related to loans and derivatives

• Writing credit memorandums to summarize your analysis and conclusions

Required Qualifications:

• Robust understanding of corporate finance and accounting concepts

• Excellent writing and verbal communication skills

• Effective time management skills with ability to balance multiple competing priorities

• Proficiency in Microsoft Excel

• 3+ years of commercial and/or corporate banking credit underwriting related experience, preferably in a bank or large financial institution

Desired Qualifications:

• Bachelor's degree with emphasis in finance, accounting or economics

Skills:

• Analytical Thinking

• Financial Analysis

• Financial Forecasting and Modeling

• Profitability Analysis

• Research Analysis

• Attention to Detail

• Business Acumen

• Credit and Risk Assessment

• Underwriting

• Written Communications

• Collaboration

• Critical Thinking

• Portfolio Analysis

• Prioritization

• Technical Documentation

Shift:
1st shift (United States of America)

Hours Per Week:
40

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