Description
The Chief Risk Office has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks.
As a Senior Credit Officer Structured Credits & Commercial Real Estate - Director, you will manage a portfolio primarily comprising Structured credit transactions and Commercial Real Estate transactions.
Responsibilities
- Review and approve transactions booked under the WM business in US and support the growth of WM’s lending book by managing the risk on a portfolio of WM counterparties in US.
- Interface directly with front office staff across the WM business division on credit approvals, credit requirements and relationship matters.
- Robustly monitor the portfolio and ensure pockets of risks within the portfolio are timely identified.
- Work with both internal and external auditors to ensure that audits progress smoothly and that any issues raised are resolved promptly.
- Maintain a clean shop with good discipline ensuring trades are properly booked / recorded / covenants and conditions timely monitored / credit terms correctly documented.
Leadership
- Provide strong leadership, guidance, and mentorship to junior and senior team members, fostering their professional growth and expertise in commercial real estate fundamentals.
- Set clear objectives and strategic priorities for the team, ensuring alignment with departmental and bank-wide goals.
- Drive continuous improvement in team processes, analytics, and reporting capabilities.
Requirements
- Extensive relevant work experience in corporate credit and structured finance in major International Financial Institutions.
- Familiar with legal documentation and risk issues including credit mitigating features.
- Strong communication skills (both written and verbal skills) with an ability to write concise reports.
- Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
Benefits
- 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.
- Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits.
The salary range for this position in New York City is $170,000 to $308,000.