SVP, Corporate Credit Underwriter - Agribusiness - Korn Ferry : Job Details

Job Title: Senior Vice President, Agribusiness-focus Corporate Credit Underwriter.

Location: New York, NY

Overview:

Our client, a Top European Bank with significant New York operations is looking for a Corporate Credit Underwriter with experience covering the agribusiness sector.

The primary objective of this position is to drive material and visible improvement in Credit Risk Management s (CRM) ability to effectively risk underwrite transactions and manage an existing client portfolio, consistent with industry best practices. Senior Vice President is expected to contribute to leading the internal execution and risk management process within CRM group.

Responsibilities include, but are not limited to, leading and managing an active Agribusiness portfolio, credit underwriting and executing various trade and structured transactions unique to the sector, working with transaction documentation, and, finally, ongoing credit monitoring and portfolio management.

This Senior Vice President will also assist in providing leadership management necessary to ensure that CRM has proper operational controls, administrative and reporting procedures, and people systems in place to efficiently grow the organization and to ensure financial strength and operational excellence.

The Bank is one of the leading proponents of Sustainable investing, helping clients in the transition to a sustainable future by promoting environmental protection, economic growth and social development ( ESG ). The Bank contributes to various Sustainable Development Goals through the development of its business by generating a positive impact through the multiplier effect of banking, the direct impact of its activity, as well as through its investment in the community.

Knowledge in risk management with a focus on climate and sustainability (i.e. GARP SCR or CFA ESG Investing certified) is highly preferable, but not a requirement for the opportunity.

Responsibilities:

• Underwrite new transaction proposals with focused in the Agribusiness sector (may also include other sectors). Proposals to include, amongst other things, in-depth financial due diligence of borrowers, industry research, financial forecasting (when necessary), and strong comprehension of specific transaction structures.
• Safeguarding quality control of credit underwriting to ensure market best practices are adopted and enforced across each borrower.
• Strong understanding of transactional documents, including credit agreements, reimbursement agreements, ISDA documentation, etc.
• Coordinate with Credit Risk Officers, Relationship Managers and Product Specialist to ensure that proposed transactions terms are acceptable to the Bank and to set appropriate global credit limits for both new and existing clients.
• Oversight of the preparation of credit applications, in compliance with the Bank s risk policy and procedure.
• Ensure appropriate processing of transaction-related requests, such as amendments and waivers to existing credit documentation.
• Management of ongoing credit monitoring as per internal policy, including periodic reviews of assigned portfolio.

Qualifications:

• 10 to 20 years of credit risk underwriting experience within a corporate or commercial banking environment, focused in the Agribusiness sector (though open to strong candidates covering other sectors).
• Analytical orientation, critical thinking skills, and autonomous decision-making ability.
• Strong communication and business writing skills.
• Solid level of credit risk skills, including the ability to work across complex structures and products.
• Proficiency in understanding legal documentation, term sheets, etc.
• Ability to create a strong network of relationships among peers, internal partners, external constituencies and decision makers to deliver end products.
• Strong understanding of policies, procedures, compliance and approval process at a Corporate Bank, including comprehension of US lending regulations.
• Undergraduate degree in Finance or Accounting; MBA is a positive but is not required.
• Certified with GARP SCR or CFA ESG Investing highly preferable, but not required.

Salary Range:

$225,000 + bonus

SE# 510646226