Credit Manager (Leveraged Finance experience required)

The Risk Management Group is an independent unit, responsible for assessing, quantifying and mitigating risks across the businesses. The group's principal responsibility is to take an independent view on all of the risk decisions made by the business. The group supports the growth of all of Macquarie's businesses. The Credit Risk group is responsible for analyzing and assessing credit and equity exposures taken by Macquarie, to minimize the risk of loss arising from failure of counterparties to repay loans or honor contracts.  Credit's responsibilities include assessing the credit and equity risks arising from new products, businesses, funds and trading structures. Credit is also responsible for undertaking reviews of counterparties and establishing appropriate limit frameworks. On principal transactions, Credit works with the deal teams to develop risk mitigation strategies.

As Macquarie continues to grow in North America, the Group seeks a talented individual to join the Credit Risk team in New York. Partnering with businesses in the U.S., You will have a record of performance and a minimum of two to three years of risk management/leveraged finance experience. You will have been closely aligned within the credit trading and leveraged finance businesses of their respective institution. You will assist in the execution and structuring of complex debt and equity transactions including principal, LBO, project and structured finance transactions, in a deal-oriented environment. Working as part of a growing, high profile team who deal extensively with senior management, your ability and proven record of effectively managing and analyzing complex transactions will be key to the success of in this role and Macquarie's businesses. 

Purpose of Role

• Project management and evaluation/analysis of debt and principal equity transactions
• Due diligence of documentation, to expose any covenants or clauses that may impact the structure or pricing of a transaction
• Sector or counterparty specific market analysis and outlook, forecasting likely impact of changing market conditions on a transaction or counterparty operating environment 

Key Responsibilities

• Annual review of existing limits, market performance and outlook of counterparties
• Assisting in the execution, structuring and objective analysis of new complex transactions
• Real time, on-going and self-initiated monitoring of counterparty developments including, review of and seeking approval for, new transactions
• Ensure that appropriate guidelines, procedures and approvals are in place for new products or limits, through proactive liaison with appropriate business unit and other relevant areas
• Proactively engage with business units and colleagues to understand underlying needs and opportunities, and identify innovative solutions in a timely manner
• Working in tandem with other sectors within Macquarie's risk group: Market, Operational, Compliance and Internal Audit

Demonstrable Skills Required / Key Competencies

Confidently numerate; able to distil, assess and test validity of high volumes, and complex data

Comfortable planning and re-prioritizing workload in an unpredictable environment

High degree of ownership, delivery and timeliness in a fast-paced, output focused environment

Anticipates and flags issues before they become a problem

Strong commercial orientation and understanding of business and risk-related issues

Qualifications in finance, economics, engineering, or other quantitative disciplines

Persuasive communication skills (both written and verbal) and confidence when being challenged

Self-directed in an unpredictable market environment

Pro-active, flexible and outgoing

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, or protected veteran status.  Macquarie takes affirmative action in support of its policy to hire and advance in employment individuals who are minorities, women, protected veterans, and individuals with disabilities

About the Risk Management Group

The Risk Management Group (RMG) is an independent, centralised unit responsible for ensuring all risk across Macquarie are appropriately assessed and managed. Its divisions include Behavioural Risk, Compliance, Credit, Financial Crime Risk, Internal Audit, Market Risk, Operational Risk, Regulatory Affairs and Aggregate Risk, and RMG Enterprise Support.

Our commitment to Diversity, Equity and Inclusion 

The diversity of our people is one of our greatest strengths. An inclusive and equitable workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of ‘empowering people to innovate and invest for a better future’, we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.

We equip our people with the support to work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.

Salary range for this position: $129,000 - $155,000/Yr.  Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location. The successful candidate may also be eligible for an annual discretionary incentive compensation award. Macquarie offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.

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