Senior Manager, Risk & Credit

Gordon Brothers; Melville (NY); On-site; USD 140,000 - 180,000; Full time

Job summary

Gordon Brothers in Melville, NY seeks a Senior Manager, Risk & Credit to lead underwriting and risk assessment of complex commercial leases and loans. You will review transaction terms, prepare credit analyses, and serve as a senior technical resource for the underwriting team.

Hybrid work arrangements apply with a focus on timely decisions and disciplined risk management. You will mentor junior staff, oversee assignments, and help maintain portfolio monitoring and annual risk reviews while

Qualifications

• Credit analysis and financial statement analysis experience required.
• Strong written and verbal communication skills.
• Bachelor's degree in Accounting/Finance preferred.

Responsibilities

• Underwrites and assesses risk on complex commercial lease and loan transactions.
• Prepares credit memos and reviews exposure terms within authority.
• Mentors junior underwriting staff and oversees workflow.
• Maintains risk ratings and supports portfolio monitoring.

Skills

Credit analysis

Financial analysis

Excel proficiency

Communication skills

Leadership

Education

Bachelor's degree in Accounting/Finance

Tools

MS Word

Excel

Spreading software

Job description

## Senior Manager, Risk & CreditApply: Hybrid: Melville, NY: Full time: Posted Today: R-100861About Gordon Brothers:Since 1903, Gordon Brothers has helped companies unlock the potential of their assets. Our solutions-oriented approach combined with over 120 years of industry knowledge enables clients to get the most value from their assets with tailored solutions across asset services, asset lending and financing, and asset trading. Leveraging our deep expertise in retail, industrial, brands and real estate, we work closely with clients globally to determine the value of, lend against, or buy and sell their assets to help them achieve their business goals.At Gordon Brothers, we foster a culture of collaboration and creativity to find unique and innovative solutions for our clients. We take pride in fostering an engaging, inclusive culture and encouraging employees to bring new ideas to the table, develop their skills, and build dynamic and fulfilling careers.For more information, please visit www.gordonbrothers.com.## DescriptionResponsible for the underwriting and risk assessment of complex commercial lease and loan transactions and for supporting the oversight of the underwriting process within an assigned line of business. Prepares and reviews underwriting analyses, approves transactions within assigned credit authority, and serves as a senior technical resource and mentor to the underwriting team.* Reviews transaction terms and conditions of exposures generally between $1,000,000 and $25,000,000, including identifying the strength and experience of new and existing obligors and evaluating more complex credit structures* Assists in managing and overseeing workflow and assignments of credit actions within the assigned area to ensure timely turnaround and appropriate use of personnel, in coordination with the Director of Risk & Credit* Prepares financial statement spreads and reviews the adequacy of supporting financial information and the need to obtain additional and/or more current financial data* Reviews key financial results, ratios and transaction structure elements including the adequacy of the debt service coverage and loan to value. Identifies any missing information or inquiries for credit decisioning* Preparation of comprehensive Credit Offering Memoranda covering key aspects of financial and credit risk elements, obligor credit profile, etc., including determination of risk rating. Communicates with internal and external sources to request specific information required for analysis* Reviews, evaluates and approves credit actions prepared by junior and mid-level underwriting staff within assigned credit authority, and makes recommendations to a senior level underwriting position for final disposition of transactions outside of credit authority* Will participate in business opportunity meetings to determine potential investment interests* Helps develop and maintain portfolio monitoring reports and analysis to support applicable lines of business and risk management objectives. Assists in ensuring the accuracy and timeliness of risk ratings* Mentors, trains, and provides guidance to junior and mid-level underwriting staff, and may assist with performance feedback and development* Serves as a backup to the Director on select management and workflow responsibilities as needed* Responsible for compliance with Company policies and procedures* Prepares annual reviews* Assists with departmental duties as directed by their manager Qualifications/Education Requirements* Concentration in Accounting and/or Finance preferred; required for applicants with no prior relevant work experience. Credit analysis and financial statement analysis experience required* Proficient knowledge ability with MS Word and Excel. Financial spreading software a plus* Strong to exceptional written and verbal communication skills* Minimum of eight (8) years foundational experience. Prior credit authority required; prior mentoring or lead experience preferred* Bachelor's degree (BA, BS, BBA, etc.) from a four-year college or university required, with a concentration in Accounting and/or Finance preferredGordon Brothers offers a very competitive total compensation package, including base salary and bonus plan, health insurance, dental benefits, a generous 401(k) match, time off benefits, and more. In compliance with the Americans with Disabilities Act (ADA), please contact the Human Resources department if you have a disability and need reasonable accommodation with any part the application process. Requests will be considered on a case-by-case basis.*Gordon Brothers is an Equal Opportunity Employer.*