Risk, Credit Risk, Vice President - Dallas

OVERVIEW

The Risk Division is a team of specialists charged with managing the firm's risk, and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firm's counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm's success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

Credit Risk (CR) is responsible for managing the firm's credit exposure to its lending and trading counterparties. Credit professionals protect the firm's capital by using in-depth knowledge of our clients, markets, and products to make decisions on acceptable level of risk appetite. Staffed with ~300 professionals, Credit Risk operates through 11 different offices around the world. Credit Risk provides a unique opportunity to develop a variety of professional skills and expertise in risk management while working on financial transactions and gaining a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects allow for a challenging, varied and multi-dimensional work environment

• Underwrite large, global commercial real estate mortgage transactions and structured financings (warehouse and other asset-backed financings)
• Perform transaction/counterparty reviews, including recommending appropriate internal risk rating for each counterparty and setting credit limits
• Coordinate with business, legal and other teams to fully analyze transactions and ensure appropriate documentation, risk mitigants, and limits to minimize defaults and maximize recoveries
• Represent CRM on deal structuring discussions
• Draft deal memoranda, expressing and supporting CRM's recommendations
• Present credit views in meetings with senior management and committee members; Escalate issues to CRM senior management
• Monitor the performance of loans in the portfolio, including adherence to terms and covenants, and help formulate risk-mitigating strategies as necessary
• Detect and escalate notable industry trends and recommend appropriate action to senior management
• Monitor and manage exposure at the facility, product, and portfolio levels; perform sector analysis regularly in order to assess portfolio concentrations and trends

• Bachelor's degree (or international equivalent)
• Minimum of 5 years of credit risk management experience, with exposure to loan underwriting
• Experience assessing Structure Finance and/or Commercial Real Estate Financing transaction

• Knowledge of lending, derivatives, and funding products and related lending and trading documentation
• Familiarity with regulatory rating requirements and application of such guidance
• Flexibility, ability to learn quickly
• Strong analytical and communication skills, both oral and written
• Experience in team environment, including to work with colleagues across multiple offices and locations
• Strong organizational skills and the ability to manage multiple assignments concurrently

• Functional Expertise - Keeps up-to-date with emerging business, economic, and market trends
• Technical Skills - Demonstrates strong technical skills required for the role, pays attention to details, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills
• Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
• Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations
• Teamwork - Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions
• Communication Skills - Communicates what is relevant and important in a clear and concise manner, shares information/new ideas with others, and demonstrates judgment to escalate as appropriate
• Judgment and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyzes complex issues
• Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value
• Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions by presenting persuasive recommendations