Sector Credit Officer
Overview
- Responsible for processing credit requests and annual reviews in Diversified Industries (especially Automotive, Agri-food, EPC), Global Commodities Finance and LBO.
- Supervision of four credit analysts.
- Position based in Chicago
Key responsibilities
- For assigned files for which RPC is responsible for the primary credit analysis, preparation of the first level credit application and analysis based on requests received from the Front Office including:
o Presentation of sector trends and drivers, and counterparty market position. Peer comparison.
o Detailed presentation of financial statements and financial projections when applicable.
o Review of legal protections including credit and trading agreements, guarantees and financial covenants as applicable.
o Prepare and/or review Anadefi ratings.
o Submission of files to NY Credit Committee via email or in person.
o Processing of Phidias and Anadefi.
- For assigned files for which the Front Office prepares the first level credit application, p reparation of the second level RPC opinion, including independent analysis of the borrower, transaction structure, term sheet, financial models, etc. Review and verify Anadefi ratings. Process Phidias.
- Presentation of the RPC Opinion to RPC management and to the NYCC.
- Frequent interaction with the various Front Office teams to gather additional information concerning the client, discuss credit risk issues and mitigants, and obtain relationship profitability information and commercial support/strategy.
- Active coordination with RPC Paris to answer any inquiries for additional information/explanations, follow-up on rating validations, and communicate credit issues and trend as appropriate.
- Active monitoring of the sectors and portfolios covered, and communication to senior management locally and in Paris as appropriate. Participation to Early Warning and SAR meetings as necessary.
- Contribute to portfolio reviews, preparation of documents for US Risk Committee, audit assessments, loan reviews, or special projects as needed.
- Data Quality: verify accuracy of, and correct as necessary, data in risk systems (Phidias/Eurecca/RICOS/Anadefi etc.).
- May also be asked to analyze counterparties in different sectors depending on workloads.
Key Internal contacts
- Reporting to the Chief Credit Risk Officer for the Americas based in New York
- Local RPC teams and Front Office teams (USA, Canada, Latam, CIN, GCF, CLF, DAR)
- Loan Review team
- Head Office RPC SCS and Front Office
Special Role Requirements
Qualifications/Education Required:
Bachelor’s degree in Business
Desirable
Master’s degree a plus
Experience Required:
12+ years of credit experience at a bank and/or a credit rating agency
Desirable
Experience in sectors covered a strong plus
Competencies Required
Strong ability to:
- Succinctly analyze and synthesize credit risk
- Manage high workload effectively
- Work independently and solve problems
- Be proactive and self-reliant
- Cooperate with local and international teams
- Work across various industry sectors
- Make presentations to Credit Committee and other
constituents as needed
- Be flexible to changing environments
Desirable
- Knowledge of Spanish and French a
plus.
Skills & Knowledge Requirements
- Credit analysis experience
- Microsoft Office suite
- Lucid written and verbal communication skills
