Credit Services, AVP

State Street; Lombardia; On-site; EUR 120,000 - 180,000; Full time

Job summary

State Street is seeking an AVP for the Global Credit Finance team to extend credit products to existing and potential clients. The role emphasizes credit analysis, structuring and underwriting for syndicated, bilateral or agented facilities across industries.

You will review credit analyses, provide portfolio oversight and liaise with ERM Credit Approvers to ensure favorable outcomes and strong governance. Collaboration with MDs/VPs and client meetings are essential.

Qualifications

• Fund Finance and credit lending knowledge
• Strong analytical and credit underwriting skills
• Ability to present concise risk analyses

Responsibilities

• Review and prepare credit analyses and summaries for approval
• Provide credit portfolio oversight and reporting
• Collaborate with ERM Credit Approvers on outcomes and administration
• Communicate on business initiatives and transactions
• Manage a portfolio of credit facilities including reviews to ensure covenant compliance
• Assist in structuring, underwriting and managing credit facilities for new and renewed credits
• Work with senior leadership on loan structuring and documentation
• Attend due diligence meetings and maintain client credit relationships
• Coordinate with Loan Operations and Middle Office on issues
• Manage Agent Bank relationships in European Loan Markets

Skills

Credit analysis

Financial analysis

Credit underwriting

Communication skills

Excel skills

Education

Degree in Business, Economics, Finance, Maths

MBA or CFA a plus

Tools

Excel

Job description

Join a team dedicated to extending credit products to existing and potential clients of State Street. Your work will contribute to maintaining and growing our relationships - the heart and soul of State Street's strategy.

The Global Credit Finance (GCF) division is made up of approximately 150 employees in various locations across the globe. It provides a range of credit lending products to potential and existing clients of State Street. The business extends credit to clients from a wide range of products and industries including Fund Finance, Commercial Real Estate, Leveraged Loans, Municipal Finance and Stable Value Wrap.

An incoming AVP on the team should possess a positive attitude and strong credit and analytical skills. The successful candidate will have an ability to work effectively with internal and external stakeholders to work on participations in syndicated, bilateral or agented credit facilities.

Major Responsibilities

• Review and preparation of written credit analyses (CAR/CAP), reports and summaries and opinions for credit approval ensuring smooth and timely processing of assigned credit requests;
• Provide effective credit portfolio oversight and management reporting;
• Involvement with the EMEA ERM Credit Approvers to ensure successful outcome on credit requests and credit administration;
• Communicate effectively on specific business initiatives and transactions;
• Assist with the management of a portfolio of credit facilities, including regular monthly and quarterly reviews to track financial performance, collateral and covenant compliance escalating any breaches or concerns;
• Assist with structuring, underwriting, negotiating and managing credit facilities for new business and renewals of existing credits;
• Work closely with the MD and VPs in loan structuring, decision making processes and loan/LC legal documentation;
• Attend due diligence client meetings and assist with the maintenance of client credit relationships;
• Collaborate with GCF Loan Operations and GCF Middle Office on various issues;
• Assist with the management of Agent Bank relationships in the European Loan Markets.

Requirements:

Fund Finance credit and analytical lending industry knowledge and experience in credit analysis, structuring and underwriting.

Education And Experience

• Degree in Business, Economics, Finance, Maths; MBA or CFA a plus but not required.
• Minimum of 5+ years of Credit/Fund Finance lending experience.
• Credit Training a plus.

Skills/Knowledge

• Experience in Credit and Fund Finance work;
• Strong financial analysis, analytical, credit underwriting and problem-solving skills;
• Ability to produce detailed and concise risk analysis;
• Excellent interpersonal, organizational and communication skills and ability to present and explain complex transactions;
• A positive attitude, a client service mindset and high level of attention to detail;
• Strong excel skills.

The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that a candidate may be expected or asked to perform.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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Job ID: R-799187