3 days ago

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Credit Risk Workout and Recovery - Assistant Vice President Jacksonville, 5022 Gate Parkway

$78k - $111k

Deutsche Bank

USRemote

Job Description:

Job Title Credit Risk Workout and Recovery

Corporate Title Assistance Vice President

Location Jacksonville, FL

Overview

As a Workout Credit Officer in credit risk management, you’ll play an integral role in contributing to the success of Deutsche Bank’s lending franchise. You will work in close collaboration with Workout colleagues to analyze transactions for underperforming clients and distressed situations. You will manage a diversified portfolio across various industries and participate in regulatory audits. You will also play a critical role in ensuring adherence to all credit policies, associated governance, internal data quality, and regulatory reporting.

What We Offer You

  • A diverse and inclusive environment that embraces change, innovation, and collaboration

  • A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

  • Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

  • Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

  • Educational resources, matching gift and volunteer programs

What You’ll Do

  • Distressed Portfolio Management: Collaborate with senior credit officers and front office colleagues to manage a portfolio of distressed credits, primarily in the Leveraged Lending and Commercial Real Estate sectors. Perform ongoing quarterly and annual reviews, recommend internal and regulatory-equivalent ratings, and ensure data quality meets a high standard

  • Restructuring & Other Transaction Assessment: Assist senior credit officers in analyzing transactions that include amendments and extensions, in-court and out-of-court debt restructurings, exit financings in connection with borrowers’ emergence from Chapter 11, and insolvency proceedings. Help to ensure that credit approval documentation is clear and that credit recommendations are consistent with risk appetite, internal policies, and applicable regulations

  • Reporting and Audit Support: Provide support for reporting and audit-related requirements, helping to ensure timely and accurate reporting of essential credit information, while also participating in both internal and external audits and regulatory examinations

  • Training & Mentorship: Provide training and guidance to junior credit officers particularly with respect to credit analysis as well as policy and regulatory adherence

Skills You’ll Need

  • A degree in accounting, Business, Finance or Economics from accredited college or university (or relevant work experience)

  • Moderate Credit analysis experience from a Financial Institution or Rating Agency

  • Strong written and oral communication skills, great attention to detail, and the ability to work with a variety of different teams and professionals

Skills That Will Help You Excel

  • Previous experience in Leverage Debt Capital Markets, Commercial Real Estate, Real Estate Investment Trusts, Workout and Recovery management or financial modeling a plus

  • Ability to work in a fast-paced environment

  • Self-starter

Expectations

It is the Bank’s expectation that employees hired into this role will work in the Jacksonville office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in Jacksonville is $78,000 to $111,800. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees https://careers.db.com/life

The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email HR.Direct@DB.com.

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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEOC Know Your RightsEmployee Rights and Responsibilities under the Family and Medical Leave ActEmployee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.