Leverage Finance Risk - AVP

New York, USA
12 Jan 2023
05 Feb 2023
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
As a Barclays Leveraged Finance Credit Risk - AVP (Assistant Vice President), you will be a part of the Wholesale Credit Sanctioning (WCS) Americas Leveraged Finance Team, accountable for carrying out credit analysis, sanctioning credit limits, and ultimately approving credit risk for all leveraged finance obligors domiciled within North America and operating within their respective industry sectors.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality, and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

Salary/ Rate Minimum: $115,000
Salary/ Rate Maximum: $150,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available.

Working Flexibly

We're committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognizes and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers' and clients' needs. Whether you have family commitments or you're a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs.

We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We're flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month, or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally can request work patterns to reflect their personal circumstances. Please discuss the detail of the working pattern options for the role with the hiring manager.

What will you be doing?

• Maintaining integrity of credit risk function whilst ensuring that the team continues to fully support Front Office relationship and sales staff
• Preparing credit papers for new transactions, annual reviews, and quarterly reviews/Watchlist
• Engaging in assessing and making recommendations of proposals received from business development/product areas
• Ensuring that the approvals are within the defined Limits and Mandate and Scale set for the Sector
• Staying current with financial analysis and risk profile of the assigned sector, borrowers, and counterparties
• Alerting senior management to negative developments and trends within the assigned sectors and clients

What we're looking for:

• Familiarity with corporate finance and banking products, including knowledge of Loan, High Yield and derivatives documentation, and credit terms
• Good analytical skills with attention to detail, and with the ability to provide big picture decision making and mentor and train junior staff
• Excellent interpersonal, verbal, and written communication skills, and with the ability to clearly articulate complex concepts and ideas

Skills that will help you in the role:

• Knowledge of Loan, High Yield and derivatives documentation
• MBA, CPA, or CFA and Formal Credit training is preferred
• Independent problem-solving skills
• High degree of self-motivation

Where will you be working?

You will be working at our Americas Headquarters at 745 Seventh Avenue. This 37-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the facade of the building.
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