WCD Corporate and Leverage Finance Vice President
About The Position
The Credit Delivery teams underwrite credit products for new and existing clients and manage existing portfolios to meet client needs while maintaining appropriate risk and return strategies. The group underwrites lead and non-lead opportunities ranging from investment-grade to sponsor-owned leveraged transactions, and executes amendments, refinancings, and ancillary credit product approvals. It maintains ongoing client dialogue and identifies opportunities for product partners where appropriate. The group manages portfolio risk through risk-rating integrity, annual client reviews, watchlist management, amendments and waivers, and compliance with audit and regulatory guidelines. It also identifies emerging credit problems and industry trends early to initiate risk mitigation actions and ensure appropriate capital allocation. Vice Presidents manage a large portfolio that typically includes complex clients or relationships, such as lead clients, leveraged profiles, high-touch or sensitive relationships, and challenging sectors. They also participate in recruiting, training, and mentoring Associates, Analysts, and Summer Interns. The role requires sound credit analysis and risk-rating recommendations, critical thinking, attention to detail, a broad understanding of issues, and effective internal and external communication.
Requirements
- Undergraduate degree.
- Five years of experience in underwriting, portfolio management, and credit decision making for corporate and investment banking clients.
- Strong understanding of accounting, credit, structuring, underwriting, and legal documentation.
- Excellent verbal and written communication, organizational, analytical, critical-thinking, and problem-solving skills.
- Series 79, Series 63, and SIE licenses.
Nice To Haves
- Undergraduate degree with coursework in accounting or finance.
- Expertise within a specific relevant industry or geography.
Responsibilities
- Partner with Coverage Bankers, Risk Managers, and other Product Partners; manage client interactions, maintain ongoing dialogue, and introduce Product Partners where appropriate.
- Execute underwritings, refinancings, and amendments, including due diligence and recommendations on structure, pricing, and capital allocation, while applying credit policy and risk acceptance criteria.
- Perform independent, in-depth analysis of financial statements, valuation, projections and stress tests, industry and competitive dynamics, business plans, and key risks and mitigants.
- Manage a large client portfolio and ensure the quality and timely completion of annual reviews, renewals, amendments and waivers, ancillary credit product approvals, and quarterly risk ratings.
- Maintain detailed knowledge of each client, its industry, and its competitive environment.
- Recommend active portfolio management solutions to minimize credit losses and manage and present watchlist clients.
- Negotiate and ensure legal documentation for credit events reflects approved terms and conditions in accordance with the credit package and closing memo; coordinate and communicate with internal and external counsel.
- Manage portfolios that typically include complex clients or relationships, including lead clients, leveraged profiles, high-touch or sensitive relationships, and challenging sectors.
- Participate in recruiting, training, and mentoring Associates, Analysts, and Summer Interns.
- Deliver sound credit analyses and risk-rating recommendations, exercise critical thinking and attention to detail, and communicate effectively internally and externally.
Benefits
- Medical insurance
- Dental insurance
- Vision insurance
- Life insurance
- Disability insurance
- Accidental death and dismemberment coverage
- Tax-preferred savings accounts
- 401(k) plan
- At least 10 days of vacation during the first year, prorated as applicable
- 10 sick days, prorated as applicable
- Paid holidays
- May be eligible for a defined benefit pension plan, restricted stock units, and/or deferred compensation plan, depending on position and division
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What This Job Offers
Job Type
Full-time
Career Level
Senior
