The Credit team operates as part of this investment banks financing business and from the Geneva office deals with structuring credit transactions for ultra high net worth clients on a global basis. Increased demand for these types of services mean the bank is looking to add a skilled Structurer of Credit to the team who deals with property, private jet, super yacht and arranging leveraged borrowing on a range of other diverse investments and assets.
The work of the Structurer of Credit is central to that teams operation as they create, structure and price all credit transactions
for their clients. To do that they must work not only closely with the customers but also with their private bankers and ensure the credit transactions meet all risk, regulatory and legal requirements. There will also be occasions where the Structurer of Credit will be asked to advise upon credit issues and client queries for either issue resolution or to assist with new business generation. Essentially working directly for the Head of Credit Structuring the Structurer of Credit will have considerable remit to decide and use their own judgment in managing and creating these deals. The creative side comes with the need to balance the needs of risk and reward in a structure that appeals to all counter parties. Finally the Structurer of Credit will work extremely closely with the product development team responsible for credit products in setting fees and maintaining competitive product tariffs.
Here are the duties and responsibilities of the Structurer of Credit in some more depth:
- Work with RM's and sales colleagues to build a pipeline of credit deals. Manage revenue delivery and meet cost targets whilst creating a profitable portfolio of business from your allocated clients. Report to senior management on your transactions and be able to accurately forecast future business. Structure and assist in the execution of complex tailored credit transactions. Work with the risk and compliance teams to access all potential deals and manage as appropriate.
- Client Relationship Management will be key to the Structurer of Credit's success. They can expect to be asked to attend very important customer meetings to explain and discuss specific transactions alongside the customers RM. They must take ownership of the negotiation of these deals directly with the client and their advisers.
- Credit products and provide essential technical advice on the development of new products and their implementation. Work hard to spot new product opportunities and new revenue potential. Help the sales staff spot new credit opportunities via a program of enlightenment and education, coupled with helping marketing create some clear and powerful messages that can be used to attract new customers.
- Ensure full compliance and all governing controls are met and a controlled credit loaning environment
is maintained at all times. Adhere to international and external regulation, service levels and standards of risk and compliance.
The Structurer of Credit is a senior client facing role, combining the need for true expertise in credit structuring with a open, client friendly manner and professionalism. Not only does the Structurer of Credit have to sell to external customers but they also will have market the skill if the credit team internally among other departments. For serious consideration for the Structurer of Credit vacancy you should be:-
~ Having at least three years prior experience as a credit structuring expert in another bank or asset managing organization.
~ Have the ability to draw conclusions about credit worthiness from a corporate or private investors set of accounts.
~ Experience in valuing a range of real estate and property from a financing view point.
~ Complete experience in asset backed lending, working against a variety of instruments such as fixed income, equity, structured products and alternative assets.
~ Exposure to working with tax reporting in a number of jurisdictions or with clients who operate in multiple jurisdictions.
~ Fluent English and a solid academic history
The future growth of the banks credit business is tied into the successful appointment of the new Structurer of Credit, as such the successful applicant will have all their remuneration requirements met. To apply, or to find out more simply click the button above.