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Senior Commodities Credit Officer

New York, New York;

Job Description:

• The role sits within the Global Markets Credit group within the Enterprise Credit organization.

• The position will develop GMC's capacity for the underwriting and ongoing monitoring of Structured Derivatives and Lending exposures booked within the Global Commodities line of business.

• Activities will include evaluating new transaction opportunities, screening transactions with the Risk organization and other stakeholders, negotiating key transaction and documentation terms, underwriting and monitoring. Utilizing delegated joinder approval authorities along with Risk.

• Product coverage includes e.g. Lien Based Hedging, Spark Spread swaps, Natural Gas hedging, Carbon Credit financing. Underlying client sectors include natural gas fired power plants, wind farms, solar farms, power storage facilities, renewable refineries, etc.

• Day to day team leadership for junior resources aligned to the activity.

• Creation and maintenance of underwriting related policies and procedures for this business activity. 

• Representing GMC in internal governance forums, audits and regulatory meetings.

• Coordinating periodic and/or ad hoc reporting, product limits and related underwriting governance. 

Required Skills: "Must" have these skills to be minimally qualified.
 

BA/BS degree required; Finance, Accounting, Engineering majors preferred

• 7+ years of experience covering structured product underwriting in a similar role.

• Strong knowledge of the related Gas, Metals & Mining, Midstream & Downstream and Power Industries and related products.

• Ability to establish partnerships across the organization (Structuring, Trading, Sales, Risk and support partners) and build effective work groups.

• Understanding of relevant documentation including ISDA/CSA, loan agreements etc.

• Strong organizational, oral, and written communication skills

• Proficiency with Bloomberg, Word, Excel and PowerPoint

• Willingness/desire to improve and/or streamline processes

Job Band:

H4

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

• The role sits within the Global Markets Credit group within the Enterprise Credit organization.

• The position will develop GMC's capacity for the underwriting and ongoing monitoring of Structured Derivatives and Lending exposures booked within the Global Commodities line of business.

• Activities will include evaluating new transaction opportunities, screening transactions with the Risk organization and other stakeholders, negotiating key transaction and documentation terms, underwriting and monitoring. Utilizing delegated joinder approval authorities along with Risk.

• Product coverage includes e.g. Lien Based Hedging, Spark Spread swaps, Natural Gas hedging, Carbon Credit financing. Underlying client sectors include natural gas fired power plants, wind farms, solar farms, power storage facilities, renewable refineries, etc.

• Day to day team leadership for junior resources aligned to the activity.

• Creation and maintenance of underwriting related policies and procedures for this business activity. 

• Representing GMC in internal governance forums, audits and regulatory meetings.

• Coordinating periodic and/or ad hoc reporting, product limits and related underwriting governance. 

Required Skills: "Must" have these skills to be minimally qualified.
 

BA/BS degree required; Finance, Accounting, Engineering majors preferred

• 7+ years of experience covering structured product underwriting in a similar role.

• Strong knowledge of the related Gas, Metals & Mining, Midstream & Downstream and Power Industries and related products.

• Ability to establish partnerships across the organization (Structuring, Trading, Sales, Risk and support partners) and build effective work groups.

• Understanding of relevant documentation including ISDA/CSA, loan agreements etc.

• Strong organizational, oral, and written communication skills

• Proficiency with Bloomberg, Word, Excel and PowerPoint

• Willingness/desire to improve and/or streamline processes

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-22052373

Band: H4

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Anthony Picano

Referral Bonus:

0