Workout Credit Officer - VP

Deutsche Bank; New York (NY); Hybrid; USD 120,000 - 206,000; Full time

Benefits offered by this job

Hybrid work model

Competitive benefits

Job summary

Deutsche Bank is seeking a Workout Credit Officer – Vice President to lead risk management for underperforming clients in the Lending franchise. You will analyze complex distressed transactions, oversee a diversified portfolio and guide junior officers on regulatory adherence.

This role requires collaboration with risk, legal, and deal teams and active participation in audits. The position is based in New York with a hybrid work model and a salary range reflecting market norms for senior risk

Qualifications

• Bachelor's degree in finance, economics, accounting, or related field; advanced degree preferred.
• Moderate experience in credit analysis, underwriting, or related financial roles.
• Strong analytical and problem-solving abilities with excellent communication and negotiation skills.
• In-depth knowledge of loan origination and workout processes.
• Experience in commercial real estate or distressed assets is highly valued.

Responsibilities

• Oversee a diversified portfolio of distressed assets, focusing on CRE, high-yield structures and leveraged loans; conduct detailed credit evaluations and monitor borrower financials.
• Design and implement strategies to mitigate risk and maximize recovery, including debt restructuring, insolvency proceedings and Chapter 11 exits.
• Support internal and external audits, ensure policy adherence, and maintain accurate documentation.
• Collaborate with risk management, legal, and deal teams to execute workout plans and present findings to senior management.
• Guide junior credit officers on workflows, policy compliance and regulatory changes.
• Provide regular updates to senior management on portfolio performance and risk exposure.

Skills

Credit analysis

Analytical skills

Communication

Negotiation

Loan origination

Workout processes

Commercial real estate

Education

Bachelor's degree

Advanced degree preferred

Job description

As a Workout Credit Officer – Vice President, you will be a key member of Deutsche Bank’s Lending franchise, focusing on credit risk management for underperforming or distressed clients. You will work in close collaboration with Workout colleagues to analyze transactions from underperforming clients or in distressed situations. You will also manage a diversified portfolio and participate in regulatory audits. The role involves analyzing complex transactions, leading workout strategies, and ensuring compliance with credit policies and regulations

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

• Oversee a diversified portfolio of distressed assets, focused on commercial real estate, high-yield structures and leveraged loans and conduct detailed credit evaluations, monitor borrower financials.
• Design and implement strategies to mitigate risk and maximize recovery, including debt restructuring, insolvency proceedings, and Chapter 11 exit financing
• Support internal and external audits, ensure policy adherence, and maintain accurate documentation
• Work with risk management, legal, and deal teams to execute workout plans and present findings to senior management
• Guide junior credit officers on transaction workflows, policy compliance, and regulatory changes
• Provide regular updates to senior management on portfolio performance and risk exposure

How You’ll Lead

• Lead professional transactions, collaborating with the deal team and your colleagues in the Workout team, and other stakeholders
• Provide training and guidance to junior credit officers particularly with respect to transactions workflow as well as policy and regulatory adherence
• You will lead projects to improve the credit process or to adapt the portfolio to regulatory changes

Skills You’ll Need

• Bachelor’s degree in finance, economics, accounting, or a related field; advanced degree preferred
• Moderate experience credit analysis, underwriting, or related financial industry roles
• Strong analytical and problem-solving abilities, excellent communication and negotiation skills, in-depth knowledge of loan origination and workout processes
• Experience in commercial real estate, or similar distressed asset class is highly valued

Skills That Will Help You Excel

• Strong communication skills and the ability to explain potentially complex and nuanced transaction structures to relevant stakeholders
• Desire to go above and beyond to exceed expectations with work product
• Ability to deliver presentations effectively and commercially in an interactive setting
• Ability to work independently and manage multiple priorities

It is the Bank’s expectation that employees hired into this role will work in the New York 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 New York City is $120,000 to $205,500. 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.

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.

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

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