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GMC Specialty Finance Analyst

New York, New York

Job Description:

Global Markets Credit ("GMC") is responsible for ensuring robust and

consistent credit underwriting for Global Markets lending activities,

particularly on a non-recourse basis.  Within GMC the Specialty Finance

coverage area focuses on underwriting structured loans including non-

recourse financing secured by ABS assets (consumer and commercial

financial assets), high yield corporate loans, equities, private equity fund

LP capital commitments, residential mortgage related assets, as well as

trading exposures. Associates will be expected to develop strong subject

matter expertise in securitized lending and work closely with various

lines of business, banking and risk partners. 

Key responsibilities include:

• Review new business opportunities being presented by the

front line, provide early feedback on structure/terms and client selection

in the screening process to ensure transactions fit within risk appetite

• Partner with the front line unit in recommending transactions

for risk approval and respond to risk review and challenge

• Partner with the front line unit in preparation of underwriting

materials, manage overall creation and submission of credit approval

memo’s, approve credit memo’s on behalf of the line of business and

secure risk approvals. Engage partners including client coverage areas,

legal and market risk as required  

• Ongoing monitoring of transactions including client and asset

performance 

• Engagement in various other aspects of credit underwriting

including development of policy and procedures, scorecards, asset

quality monitoring etc.  

• Support firm wide Wholesale Credit initiatives and liaise with

applicable stakeholders across the firm on emerging topics as needed

*Required Skills: “Must” have these skills to be minimally qualified.

• Bachelor's degree required

• 2+ years of experience in financial services.  Relevant prior experience may include roles in: credit risk management, structuring, trading, asset management, origination, rating agencies  

• The candidate will likely have had experience of reviewing a variety of structured transactions including asset based lending facilities and derivatives facing securitization vehicles. An understanding of counterparty risk measurement and metrics (expected exposure, etc.) and the ability to factor in non-credit specific issues such as capital and accounting treatment into risk recommendations is desired

• Candidate should exhibit strong personal drive, individual initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility

• Strong organizational, oral, and written communication skills, with ability to communicate effectively with all levels of risk, support, and business partners

• Proficiency with Bloomberg, Word, Excel and PowerPoint, along with ability to quickly learn new programs and applications

• High level of attention to detail

Job Band:

H6

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Global Markets Credit ("GMC") is responsible for ensuring robust and

consistent credit underwriting for Global Markets lending activities,

particularly on a non-recourse basis.  Within GMC the Specialty Finance

coverage area focuses on underwriting structured loans including non-

recourse financing secured by ABS assets (consumer and commercial

financial assets), high yield corporate loans, equities, private equity fund

LP capital commitments, residential mortgage related assets, as well as

trading exposures. Associates will be expected to develop strong subject

matter expertise in securitized lending and work closely with various

lines of business, banking and risk partners. 

Key responsibilities include:

• Review new business opportunities being presented by the

front line, provide early feedback on structure/terms and client selection

in the screening process to ensure transactions fit within risk appetite

• Partner with the front line unit in recommending transactions

for risk approval and respond to risk review and challenge

• Partner with the front line unit in preparation of underwriting

materials, manage overall creation and submission of credit approval

memo’s, approve credit memo’s on behalf of the line of business and

secure risk approvals. Engage partners including client coverage areas,

legal and market risk as required  

• Ongoing monitoring of transactions including client and asset

performance 

• Engagement in various other aspects of credit underwriting

including development of policy and procedures, scorecards, asset

quality monitoring etc.  

• Support firm wide Wholesale Credit initiatives and liaise with

applicable stakeholders across the firm on emerging topics as needed

*Required Skills: “Must” have these skills to be minimally qualified.

• Bachelor's degree required

• 2+ years of experience in financial services.  Relevant prior experience may include roles in: credit risk management, structuring, trading, asset management, origination, rating agencies  

• The candidate will likely have had experience of reviewing a variety of structured transactions including asset based lending facilities and derivatives facing securitization vehicles. An understanding of counterparty risk measurement and metrics (expected exposure, etc.) and the ability to factor in non-credit specific issues such as capital and accounting treatment into risk recommendations is desired

• Candidate should exhibit strong personal drive, individual initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility

• Strong organizational, oral, and written communication skills, with ability to communicate effectively with all levels of risk, support, and business partners

• Proficiency with Bloomberg, Word, Excel and PowerPoint, along with ability to quickly learn new programs and applications

• High level of attention to detail

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21083345

Band: H6

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Jennifer Murphy

Referral Bonus:

0

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036