Leveraged Finance Large Cap Credit Director
Michael Page
- London
- £150,000 per year
- Permanent
- Full-time
- Usage of Credit Officer level delegated authority
- Senior level review and challenge within a Level 2 function of LBO related front office and Loan Capital Markets credit applications implementing the bank's Risk Appetite Framework.
- Deep and extensive credit knowledge and transaction experience to provide credit risk and market risk assessment of net take and underwriting positions with particular focus on large cap sponsor and cross over corporate transactions.
- To lead the interaction with product divisions of the bank on all transactions reviewed with very high independence & oversight by head office on strategic matters only.
- Manage requests and approvals arising from the leveraged loan portfolio including evaluation, challenge and recommendation/approval in relation to proposed waivers, annual reviews, credit monitoring/grading,
- Attendance at Credit Reviews setting strategy for the credit and assessment of provisions.
- Lead, manage and develop a team of VP/AVP credit officers, and contribute to the development of the LBO team within Credit Department, to ensure that it supports the Business Strategy of EMEA. Challenge the status quo, in order to build stronger control function and front offices capabilities, processes and systems.
- Develop and implement training on all aspects of LBO risk including Grading, documentation and Credit Analysis.
- Develop processes to expedite decision making for cross over corporate transactions, working with corporate team and the large cap/corporate coverage team
- Ownership of assessment and review of Large Cap/Cross Over strategy ensuring targeted account plans fit the agreed strategy and regular review of parameters reflect an acceptable risk / reward for the Bank
- Seasoned credit professional with commensurate lending experience leading and negotiating deals in a front office or credit role with knowledge of large cap and cross over corporate transactions.
- Strong people skills. Ability to interact with and operate with the trust and respect of deal team leaders and senior management of front office and loan capital markets as well as junior staff.
- Degree level education and / or equivalent professional qualifications (ACA, ACCA, ACT, CFA, MBA) with longevity (8 years+) and experience at a high level in the financial sector.
- Very strong numerical and financial skills with the ability to interpret financial information and review and interpret financial models including identification of drivers and potential errors.