VP, Credit - Fund and Leveraged Finance
Job Description
JOB PURPOSE:
Role involves evaluating, assisting in structuring and writing credit proposals for undertaking structured debt transactions across APAC and Europe. The candidate will need to work with the Relationship Managers, Legal and Risk teams internally along with client counterparts and external advisors occasionally to ensure robust credit risk assessment and compliance to regulatory standards
KEY ACCOUNTABILITIES:
Handle independently credit evaluation and approval process for structured debt for IB & WB teams. This includes Non recourse facilities across Financial Sponsors, NBFI clients and large
- Wholesale Banking clients. These include Project Finance, Infrastructure Financing, Capital Call Facility, NAV based financing, Back leverages etc.
- To coordinate with Corporate Finance teams in developing product programs and assist in development of RACs
- Analyze financing structures, asset quality and counterparty risk as part of the credit analysis.
- Review term sheets and identify credit and structural risks in collaboration with legal counsel.
- Set Credit terms and conditions including limits / amortization schedule, covenants, seniority of claims, EoD terms etc.
- Monitor ongoing credit exposure at product level and counterparty level; Also undertake Ad-hoc event-based risk analysis on structured debt exposures.
Ensure compliance with credit policies, regulatory requirement and industry best practices
QUALIFICATIONS & EXPERIENCE:
- Minimum 10 -12 years of experience in banking /NBFI of which at least 5 years in structured debt looking at such non-recourse structures
- Good understanding of fund structures, capital commitments, waterfall distributions, fund asset valuations,
- Strong financial modelling skills with ability to review a financial model critically.
- Understand the market risk elements for both listed & unlisted entities (incl. standard valuation procedures, mark to market and monitoring frameworks)
- Excellent communication skills with ability to clearly articulate risk consideration and credit rationale.
Knowledge of regulatory requirements (Basel norms, IFRS 9 etc.) relevant to credit risk.