Credit Associate Sr - Entertainment & Sports, HNW
About The Position
The Credit Associate Sr. is responsible for supporting credit analysis and portfolio management activities. This role involves assisting with credit data analysis, underwriting, and portfolio review activities including facilitating credit risk recommendation. The Credit Associate Sr. may be assigned a book of lower-complexity loans and relationships. The Credit Associate collaborates with team members to ensure effective credit operations. The Credit Solutions Associate helps maintain high standards of credit quality and compliance. Private Bank - UHNW Experience with structuring and monitoring of HNW and UHNW lending through analysis of complex (often event-driven) cash flow, asset verification and valuation, and complex estate and family office structures Private Bank – Professional Svc Firms Experience with structuring and monitoring professional service firm credits based on both a) working assets borrowing base structure and corporate covenants appropriate for super-regional and national firms as well as b) guarantor global cash flow and global asset support appropriate for regional and super local firms Private Bank – Marketable Securities Secured Experience with structuring and monitoring high-volume, collateral dependent lending secured by a pledge of marketable securities Commercial Real Estate The Commercial Real Estate Credit [Products/Solutions] team provides underwriting and proactive portfolio management expertise to the Bank’s CRE clients, including private individuals and family offices, and institutional funds/investors/developers. Colleagues will partner across numerous bank lines and divisions to provide tailored CRE lending solutions to clients, while proactively identifying risk on new and existing credits within the portfolio through a combination of internal and external resources. CRE portfolio includes a variety of loan products secured or supported by varying asset types.
Requirements
- Bachelor's Degree or equivalent in Finance, Business, or related field
- Minimum 2 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries
- Extensive experience in credit management and lending operations, with a strong understanding of risk management principles
- Desire to build leadership and coaching skills, with the ability to train and develop talent
- Strong communication and collaboration skills, with the ability to work effectively with senior leadership and cross-functional teams
- Extensive analytical skills, with the ability to interpret complex data and make informed decisions
- Industry-specific knowledge and expertise
Nice To Haves
- Experience with structuring and monitoring of HNW and UHNW lending through analysis of complex (often event-driven) cash flow, asset verification and valuation, and complex estate and family office structures
- Experience with structuring and monitoring professional service firm credits based on both a) working assets borrowing base structure and corporate covenants appropriate for super-regional and national firms as well as b) guarantor global cash flow and global asset support appropriate for regional and super local firms
- Experience with structuring and monitoring high-volume, collateral dependent lending secured by a pledge of marketable securities
Responsibilities
- Performs credit analysis activities to assess creditworthiness of borrowers, guarantors, and sponsors.
- Performs portfolio management activities to monitor and analyze portfolio performance, including periodic reviews and covenant tracking.
- Analyzes credit data, market and industry reports, trendcards, and prepare credit presentations to support underwriting and portfolio management.
- Supports effective risk management practices, maintaining high standards of credit quality and origination in alignment with Bank’s credit risk appetite, and compliance with institutional and regulatory requirements.
- Works closely with team members to ensure cohesive and effective credit operations. Participate in ad-hoc projects to support the organization’s priorities.
- Demonstrates a strong desire to learn underwriting and portfolio management skills, actively seeking opportunities for professional growth and development, eventually leading to ownership of a portfolio of credits.
Benefits
- Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
- Generous 401(k) company matching contribution
- Career Development through Tuition Reimbursement and other internal upskilling and training resources
- Valued Time Away benefits including vacation, sick and volunteer time
- Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
- Career Mobility support from a dedicated recruitment team
- Colleague Resource Groups to support networking and community engagement
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What This Job Offers
Job Type
Full-time
Career Level
Senior
