Senior Manager, Risk & Credit

Gordon Brothers•Melville, NY

23h

About The Position

Responsible for the underwriting and risk assessment of complex commercial lease and loan transactions and for supporting the oversight of the underwriting process within an assigned line of business. Prepares and reviews underwriting analyses, approves transactions within assigned credit authority, and serves as a senior technical resource and mentor to the underwriting team. Reviews transaction terms and conditions of exposures generally between $1,000,000 and $25,000,000, including identifying the strength and experience of new and existing obligors and evaluating more complex credit structures Assists in managing and overseeing workflow and assignments of credit actions within the assigned area to ensure timely turnaround and appropriate use of personnel, in coordination with the Director of Risk & Credit Prepares financial statement spreads and reviews the adequacy of supporting financial information and the need to obtain additional and/or more current financial data Reviews key financial results, ratios and transaction structure elements including the adequacy of the debt service coverage and loan to value. Identifies any missing information or inquiries for credit decisioning Preparation of comprehensive Credit Offering Memoranda covering key aspects of financial and credit risk elements, obligor credit profile, etc., including determination of risk rating. Communicates with internal and external sources to request specific information required for analysis Reviews, evaluates and approves credit actions prepared by junior and mid-level underwriting staff within assigned credit authority, and makes recommendations to a senior level underwriting position for final disposition of transactions outside of credit authority Will participate in business opportunity meetings to determine potential investment interests Helps develop and maintain portfolio monitoring reports and analysis to support applicable lines of business and risk management objectives. Assists in ensuring the accuracy and timeliness of risk ratings Mentors, trains, and provides guidance to junior and mid-level underwriting staff, and may assist with performance feedback and development Serves as a backup to the Director on select management and workflow responsibilities as needed Responsible for compliance with Company policies and procedures Prepares annual reviews Assists with departmental duties as directed by their manager

Requirements

Credit analysis and financial statement analysis experience required
Proficient knowledge ability with MS Word and Excel
Minimum of eight (8) years foundational experience
Prior credit authority required
Bachelor's degree (BA, BS, BBA, etc.) from a four-year college or university required

Nice To Haves

Concentration in Accounting and/or Finance preferred
Financial spreading software a plus
Strong to exceptional written and verbal communication skills
Prior mentoring or lead experience preferred
Concentration in Accounting and/or Finance preferred for applicants with no prior relevant work experience

Responsibilities

Underwriting and risk assessment of complex commercial lease and loan transactions
Supporting the oversight of the underwriting process within an assigned line of business
Preparing and reviewing underwriting analyses
Approving transactions within assigned credit authority
Serving as a senior technical resource and mentor to the underwriting team
Reviewing transaction terms and conditions of exposures generally between $1,000,000 and $25,000,000
Identifying the strength and experience of new and existing obligors
Evaluating more complex credit structures
Managing and overseeing workflow and assignments of credit actions within the assigned area
Preparing financial statement spreads
Reviewing the adequacy of supporting financial information
Reviewing key financial results, ratios and transaction structure elements
Identifying any missing information or inquiries for credit decisioning
Preparing comprehensive Credit Offering Memoranda
Communicating with internal and external sources to request specific information
Reviewing, evaluating and approving credit actions prepared by junior and mid-level underwriting staff
Making recommendations to a senior level underwriting position for final disposition of transactions outside of credit authority
Participating in business opportunity meetings
Developing and maintaining portfolio monitoring reports and analysis
Ensuring the accuracy and timeliness of risk ratings
Mentoring, training, and providing guidance to junior and mid-level underwriting staff
Assisting with performance feedback and development
Serving as a backup to the Director on select management and workflow responsibilities
Ensuring compliance with Company policies and procedures
Preparing annual reviews
Assisting with departmental duties as directed by their manager