VP- Credit - Fund and Leveraged Finance

Company Description

Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting & dynamic industry.

Job Description

Job Summary

Role involves evaluating, assisting in structuring and recommending credit proposals for financing provided to private equity funds, SWF, financial sponsors and other asset managers. The candidate will need to work with the Relationship Managers, Legal and Risk teams internally along with client counterparts and external advisors occasionally to ensure robust credit risk assessment and regulatory standards.

Job Description & Responsibilities

• Handle independently credit evaluation and approval process for structured debt for SWF, Financial Sponsors and Asset Manager. This includes Capital Call Facility, NAV based financing, hybrid facilities , back leverages etc.
• To coordinate with Corporate Finance teams in developing product programs and assist in development of RACs
• Analyze fund structures, investment strategies, asset quality and counterparty risk as part of the credit analysis.
• Review term sheets and identify credit and structural risks in collaboration with legal counsel.
• Set Credit terms and conditions including limits / amortization schedule, covenants, seniority of claims, EoD terms etc.
• Monitor ongoing credit exposure at product level and counterparty level; Also undertake Ad-hoc event based risk analysis on structured debt exposures.
• Ensure compliance with credit policies , regulatory requirement and industry best practices.
  
  

Qualifications

• Minimum 10 -12 years of experience in banking /NBFI of which at least 5 years in structured debt looking at such fund financing structures
• Good understanding of fund structures, capital commitments, waterfall distributions, fund asset valuations,
• Strong financial modelling skills with ability to review a financial model critically.
• Understand the market risk elements for both listed & unlisted entities (incl. standard valuation procedures , mark to market and monitoring frameworks )
• Excellent communication skills with ability to clearly articulate risk consideration and credit rationale .
• Knowledge of regulatory requirements ( Basel norms, IFRS 9 etc.) relevant to credit risk.