Senior Credit Officer - Structured Credits - Wealth Management - Director

Job Description: What You’ll Do

· Manage portfolio primarily comprising Structured credit transactions (incl. lending against private equity / illiquid shares / unsecured loans etc.) as well as Commercial Real Estate transactions (backup). · Analyze, 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. Portfolio coverage includes large and complex structured loans (including lending against unlisted / unrated / illiquid securities) as well as regular Margin Lending, Real Estate deals etc. · Interface directly with front office staff across the WM business division on credit approvals, credit requirements and relationship matters; liaise with clients (where required). Work with the Lending team (1st line of defense) and Relationship Managers to manage risk and try to find an optimal solution especially on challenging asks. Provide timely, transparent communication on the decision-making including risk analysis and approval conditions to the key stakeholders. · Robustly monitor the portfolio and ensure pockets of risks within the portfolio are timely identified - be well aware of global, regional and local market events and their potential impact on the portfolio. Ensure portfolio quality remains satisfactory, and any risk concentrations and risk limits do not exceed defined risk appetites and are compliant with risk policies and regulations. · Work with both internal and external auditors to ensure that audits progress smoothly and that any issues raised are resolved promptly and support any ad hoc projects assigned on a regional or global level. · Maintain a clean shop with good discipline ensuring trades are properly booked / recorded / covenants and conditions timely monitored / credit terms correctly documented / risk reporting systems contain timely and accurate information.