Chief Manager/AVP - Credit Underwriting - Wholesale Structured Finance Vertical Job Description Template
The Chief Manager/AVP in Credit Underwriting for the Wholesale Structured Finance Vertical will play a critical role in assessing and mitigating credit risks, structuring complex financial deals, and ensuring that all transactions comply with regulatory standards. This role demands a high level of expertise in finance, analytical skills, and the ability to manage and mentor a team effectively.
Responsibilities
- Evaluate and underwrite credit risk for wholesale structured finance deals.
- Structure and negotiate complex financial transactions.
- Ensure compliance with financial regulations and internal policies.
- Work closely with cross-functional teams including sales, legal, and risk management.
- Develop and maintain relationships with clients and stakeholders.
- Prepare detailed credit reports and present findings to senior management.
- Mentor and lead a team of junior underwriters.
Qualifications
- Bachelor's degree in Finance, Economics, Business, or a related field; MBA or CFA preferred.
- Minimum of 7-10 years of experience in credit underwriting, particularly in the wholesale structured finance sector.
- Strong understanding of financial regulations and compliance requirements.
- Proven track record in structuring complex financial deals.
- Excellent analytical and decision-making skills.
- Strong leadership and team management experience.
- Exceptional communication and negotiation skills.
Skills
- Credit Risk Assessment
- Financial Structuring
- Regulatory Compliance
- Analytical Thinking
- Team Leadership
- Client Relationship Management
- Financial Modelling
- Decision Making
Frequently Asked Questions
A Chief Manager/AVP in Credit Underwriting within the Wholesale Structured Finance Vertical is responsible for evaluating the creditworthiness of large-scale finance projects. This includes analyzing financial statements, assessing risk, and structuring finance products. They ensure compliance with regulatory standards and contribute to the decision-making process for lending decisions. This role requires expertise in finance, risk management, and credit assessment.
To become a Chief Manager/AVP in Credit Underwriting for Wholesale Structured Finance, candidates typically need a bachelor's degree in finance, accounting, or a related field. A master’s degree or professional certifications such as CFA or CPA can be advantageous. Experience in credit analysis, risk management, and financial structuring is crucial. Industry knowledge and leadership skills are essential as the role involves decision-making and team management.
The average salary for a Chief Manager/AVP in Credit Underwriting in the Wholesale Structured Finance Vertical varies by location, experience, and institution size. Salaries often fall within a competitive range and are supplemented by bonuses and benefits, reflecting the seniority and responsibility of the position. Compensation may also depend on the financial institution's size and resources.
The qualifications needed for a Chief Manager/AVP in Credit Underwriting for Wholesale Structured Finance include a degree in finance, business, or a related discipline. Professional certifications like CFA or CPA are beneficial, alongside extensive experience in credit underwriting and risk management. Strong analytical skills, knowledge of financial regulations, and leadership capabilities are critical for success in this role.
Essential skills for a Chief Manager/AVP in Credit Underwriting for Wholesale Structured Finance include advanced analytical abilities, financial acumen, and risk assessment expertise. Responsibilities encompass evaluating complex finance deals, developing underwriting strategies, and ensuring compliance with financial regulations. Leadership and negotiation skills are crucial for overseeing teams and negotiating terms with stakeholders.