Workout Credit Officer

1 month ago


New York, New York, United States Deutsche Bank Full time
Job Title: Workout Credit Officer

Deutsche Bank is seeking a skilled Workout Credit Officer to join our Lending franchise. As a key member of our credit risk management team, you will play a critical role in analyzing transactions from underperforming clients or in distressed situations.

Key Responsibilities:
  • Analyze transactions and credit requests, including amendments and extensions, exit financing from Chapter 11, debt restructuring and insolvency proceedings, Foreign Exchange (FX)/ Inherent Risk/commodity derivatives, transaction banking, etc.
  • Provide credit recommendations and present to senior management and/or underwriters
  • Assist in interactions with and associated on-going reporting requirements for internal/external auditors and regulatory authorities
  • Ensure credit approval documentation is consistent with lending policies and applicable regulations
  • Portfolio management: responsible for ongoing quarterly and annual portfolio monitoring for assigned counterparties as well as limit review including oversight of data integrity in credit systems
Requirements:
  • A degree in accounting, finance or economics from an accredited college or university (or relevant work experience) and an extensive credit analysis experience (ideally with part in non-investment grade credit lending and/or commercial real estate)
  • Solid understanding of leveraged market and regulatory standards with an ability to assess credit structures and documentation and suggest appropriate changes
  • Strong accounting and credit risk analysis skills (leveraged loan and high yield structures a plus, as is experience with commercial real estate structures), financial modeling/forecasting, and understanding of derivative structures
What We Offer:
  • A diverse and inclusive environment that embraces change, innovation, and collaboration
  • A hybrid working model, allowing for in-office/work from home flexibility, generous vacation, personal and volunteer days
  • Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
  • Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits


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