Copyright © 2013 by Standard & Poor’s Financial Services LLC (S&P), a subsidiary of The McGraw-Hill Companies, Inc.

Associate/Analyst, Problem Loan Management – NYC

30 July 2014

 

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AVP Problem Loan Management – NYC  (req 2708)

 

 

 

Roles & Responsibilities:
-Support portfolio manager in analyzing and managing assigned portfolio to maximize loan recovery through extensive cash flow modeling, enterprise valuation, industry analysis, competitive assessment, etc.
-Assist with quarterly portfolio reviews through completion of PLM status reports and in the preparation of other regular reporting items as needed.
-Support portfolio analysis with system devleopment/data management.
-Prepare monthly and quarterly analysis of the individual accounts for discussion during the Criticized Asset Committee meetings.
-Provide in depth financial analysis of historical financial statements and operating information, and identify important value determinants and risks, using knowledge of accepted accounting principle, model design, and financial analysis
-Develop cash flow models taking into historical performance, account industry and economic environment and various restructuring alternatives
-Comfort with DCF models is critical, development of collateral and enterprise valuation models and analysis.
-Complete PD and LGD models.
-Ensure accurate regulatory rating.
-Perform industry/economic assessments, identifying economic trends, competitive analysis and business models.
-In conjunction with team leader, make recommendations regarding waivers, amendments and restructuring strategies.
-Assist in the identification of the distinctive competences, competitive advantages, and competitive weaknesses
-Prepare presentations materials, discussion points and questions prior to meetings.
-Assist in the preparation of credit approval request memorandum which support the valuation of companies and the economics of proposed transactions and identify major risks and mitigants.
-Assist with negotiations of restructuring proposals and legal documentation

Minimum Required Skills and Experience:
-2 to 5 years of experience in leveraged lending/commercial banking
-BA/BS with a concentration in finance or accounting preferred
-Ability to build detailed financial models, perform valuation analysis, evaluate credit profiles and capital structures
-Perform industry analysis and understand its impact on the credit
-Strong knowledge of secured lending, capital structures and inter-creditor issues
-Knowledge of Credit Agreements and other legal documentation
-Desire and commitment to learn new techniques to create solutions and the intellectual curiosity and flexibility to question assumptions
-Candidate should demonstrate excellent verbal and written communication skills. PC skills such as (Microsoft Word, Excel, and Power Point) are required.

 

CIT is an Equal Employment Opportunity (EEO) employer. It is the policy of CIT to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, national origin, age, protected veteran or disabled status. If you would like more information about your EEO rights as an applicant under the law, please click here .
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Apply online  (req 2708)

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