• Sr. Director , Commercial Credit Officer - Financial Institutions Group Jobs in United States Of America - 25672324

  • United States Of America, Usa
  • Save Job
  • 13 - 16 Years
  • Posted : above 1 month

Job Description:

At Capital One, were building a leading information-based technology company Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking We measure our efforts by the success our customers enjoy and the advocacy they exhibit We are succeeding because they are succeeding

Guided by our shared values, we thrive in an environment where collaboration and openness are valued We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results We elevate each other and obsess about doing the right thing Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams Together, we are on a quest to change banking for good

Sr Director, Commercial Credit Officer - Financial Institutions Group

Commercial Risk & Analytics (CR&A) is recruiting for a Sr Director to serve as the 2nd Line Credit Officer with oversight for the Financial Institutions Group (FIG) focus on non-bank consumer loan originators The ideal candidate would have experience with understanding the inherent risk drivers and historical as well as potential future performance volatility of consumer loan product loss levels

Consumer Asset sectors include Indirect Auto loans (deep sub-prime through prime), unsecured installment loans, Point of Sale lending platforms, residential mortgages (both agency warehouse loans and non-agency jumbo mortgages) and todays new FinTech sector in general Experience with investing in, structuring, and modeling repayment scenarios in Asset Backed securitization is a plus Experience with negotiating Loan structure covenant protections and awareness of current competitive conditions in the market is a plus

The Credit Officer will partner with and credibly challenge the FIG Line of Business (LOB) Credit Analysts and Relationship Management teams to analyze prospective client business models for credit loss resilience as well as non-credit risks such as AML and Reputation Risks The Credit Officer is a key partner and decision maker through the entire credit process from identifying attractive sectors and clients, approving deals, structuring deals, advising on legal contract documentation, and ongoing portfolio monitoring

Responsibilities include, but are not limited to, Risk Assessments, Managing the Credit Approval Process, and On-going Portfolio Management as detailed below

Risk Assessment

- Identify the key historical (and future) credit (and non-credit) risks related to a specific transaction

- Develop a well-informed and forward-looking view of the business and the expected volatility of the assets being financed/securitized

- Evaluate the inputs and results of cash flow models to run stressed asset performance scenarios to determine resilience of the liability structure

- Evaluate and approve the financial strength of asset servicers

- Provide front-end structuring guidance to business partners and negotiate acceptable solutions that prudently balance risk and return

- Be a strategic thought leader with the Line of Business as they develop new credit products and evaluate new asset classes

- Participate and inspect on-site due diligence sessions at the clients office for both new and existing transactions

Manage Credit Approval Process

- Ensure all credit exposures and deal renewals/amendments are approved in accordance with Underwriting Standards and are appropriately Risk Rated

- Oversee written credit analysis on the transactions

- Approve a credit structure appropriate for the risk profile of the Seller/Servicer and the underlying assets

- Advise on transaction legal documentation to ensure terms are appropriate and consistent with credit approval

On-going Portfolio Management

- Continuously monitor the credit quality of each transaction in the portfolio

- Ensure risk ratings are accurate and are based on a forward-looking view

- Identify deteriorating credits and take appropriate action to mitigate risk

- Work closely with middle office to ensure accuracy of credit system data

- Collaborate with the Business as a Subject Matter Expert on regulatory and/or compliance requirements

Basic Qualifications

- Bachelors Degree

- At least 10 years of experience with secured lending, structured finance or asset securitization for consumer loan products

- Completed formal credit training program

- At least 8 years of commercial lending or asset investing and negotiating deal structures

Preferred Qualifications

- Masters Degree

- At least 13 years of experience with secured lending, structured finance or securitization for consumer loan products

- Experience in building support to gain acceptance and buy-in on credit decisions in a collaborative environment

- Ability to partner across business lines and work with the lending and underwriting teams

- Proficiency with structured finance products

At this time, Capital One will not sponsor a new applicant for employment authorization for this position

No agencies please Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law Capital One promotes a drug-free workplace Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York Citys Fair Chance Act; Philadelphias Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodationcapitalonecom All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations

For technical support or questions about Capital Ones recruiting process, please send an email to Careerscapitalonecom

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site

Capital One Financial is made up of several different entities Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp (COPSSC)

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Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Others - other Industry
Functional Area : Banks/Insurance/Financial Services
Role : Banking -General
Salary : As per Industry Standards
Deadline : 15th Jul 2020

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