Risk - Credit Officer, Global Credit Financing and Solutions - Vice President

  • Competitive
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • Deutsche Bank APAC
  • 18 Jun 18 2018-06-18

Risk - Credit Officer, Global Credit Financing and Solutions - Vice President



Risk

The Risk division has a fundamental responsibility to protect the Bank. With group-wide responsibility for the management and control of credit, market, operational and reputational risks, we have a unique vantage point which allows us a holistic view of our businesses and our clients. Nearly 4,000 employees work together to achieve our ambition to be an industry-leading risk management organisation.

In an increasingly complex environment, risk management is fast-becoming the most sought after place to build a career within the banking world. Risk at Deutsche Bank is relied upon to help shape the strategy of the organisation and the wider industry agenda.

Position Overview

As the Credit Officer in Hong Kong you will join the Business Aligned Risk Management Credit Team for Global Credit Financing and Solutions (BRM GCFS). You will support Global Credit Trading within Global Markets with specific coverage of the North Asia portfolio and deal flow, and report into the team's Regional Head of Greater China & Korea. BRM GCFS supports the following Business units; Direct Lending (corporate lending), Credit Solutions (liquid/illiquid financial asset financing), Distressed Product Group (secondary market loan trading book, new money banking book, loan restructurings and direct equity investments), and transactions are typically complex, highly structured, secured, occasionally non-recourse and of elevated leverage.

Key responsibilities:

  • Manage a portfolio of existing transactions with responsibilities including:
    • Monitor counterparty performance by reviewing financial and operational reporting, confirming covenant compliance and assessing industry trends. Contribute to regular portfolio reviews.
    • Monitor and evaluate ratings on an ongoing basis, identify credit deterioration and make recommendations for watch list. Conduct quarterly reviews as required for maintaining US Regulatory classifications.
    • Produce annual credit and rating reviews and watch list reviews as applicable.
    • Evaluate and make recommendations in respect to waiver and amendment requests.
  • Assess new transactions, including (but not limited to) the following:
    • Interface with Front Office on new deal screenings and assess credit risks related to operating environment, business strategy, financial profile and management. Provide preliminary views on ratings, risk appetite and compliance with regulatory and policy requirements.
    • Participate in due diligence by reviewing internal and independent financial, commercial and technical analysis and evaluating business plans, financial projections and models, including downside scenario analysis.
    • Review loan terms and documentation, assess compliance with underwriting standards, portfolio limits and other requirements.
    • Review credit request memos, assess credit and repayment capacity, analyse valuations, and liquidity.
    • Determine ratings and LGDs, write and present credit recommendations to required approvers, and document and communicate credit decisions.
  • Collaborate with other areas within the Bank, including front office and support functions such as Market Risk, Regulatory and Advisory, Legal, Compliance, Finance and Operations
  • Manage and respond to internal and regulatory audit requests and other senior management inquiries

Key skills and qualifications:
  • Minimum 10 years of experience in a risk management function, preferably covering leveraged lending or project finance; knowledge of derivatives and margin product
  • Strong analytical and financial modeling skills and knowledge of corporate finance; familiarity with structured finance transactions and legal documentation.
  • Broad knowledge of a range of industries
  • Strong communication and solid leadership skills – ability to lead/ work with other junior members of the team across locations
  • Detail-focused with strong writing and verbal communication skills. Ability to present information in a structured, clear and concise way


Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.