Senior Credit Manager job description

At HSBC, the health and well-being of our employees remains of utmost importance. Many of our roles are permitted to work from home (in states in which HSBC is licensed to operate) until further notice. Upon resumption of normal operations, this role may be performed at our New York, New York office.

The Senior Manager Credit Review will manage credit risk and provide decisioning for Commercial Banking Technology sector deals and the Global Venture Debt team in particular, exercising delegated credit authority for credit exposure to existing and new clients across the world. They will ensure appropriate lending structures and controls are in place to handle inherent and unique risks in reviewed transactions and consult with businesses regarding appropriate credit facility structuring to meet company standards, regulatory guidelines and client needs.
About Us

HSBC is one of the largest banking and financial services organizations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfill their hopes and realize their ambitions.

You will be responsible for:


Participating with lenders and management of the US Commercial Banking and Global Venture debt teams, ensuring responsiveness, meeting portfolio exposure targets, minimizing credit costs and maintaining and acquiring profitable and prudent credit exposures on a global basis. Reviewing, recommending and approving individual credit limits within assigned authority for large and complex loans within the Technology and Venture Debt sectors involving the Company's and Group's customer base, ensuring compliance with Bank Credit Policy and Risk Appetite Guidelines as well as adherence to all Regulatory requirements Credit analysis and evaluation of the client's business model, financial performance, management, industry (including micro / macro-economic factors) and forecasted business plans.



Requirements


Employment eligibility to work with HSBC in the U.S. is required as the company will not pursue visa sponsorship for these positions.


Minimum of 8-15 years proven, progressive and broad-based experience in credit, lending and / or workout areas or equivalent. Minimum of a bachelor's degree in business, finance, related field or equivalent experience. Credit training or equivalent experience, including demonstrated ability to identify, evaluate and discuss credit risk in new, unusual or complex proposal structures. An In-depth knowledge of businesses supported, their credit products and pertinent regulations affecting the extension of credit for those businesses, particularly in technology and tech-enabled deals, will be a plus. Strong analytical, planning, mathematical, problem-solving, communications, financial, technical, interpersonal and diplomatic skills.


As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

We are eager to attract the best, so we offer competitive compensation and a generous benefits package, including full health insurance (medical, dental and vision), 401(k), life insurance, disability, and the opportunity to participate in a company incentive plan.

What you'll do on a typical day:

• Work closely and build strong relationships with various stakeholders: Sales, B2B customers, Finance and Business Units Leaders
• Analyze financial data, summarize findings, and make recommendations for the senior management
• Monitor the credit risk portfolio for the region
• Leverage the credit tool (HRC), power BI, Excel (pivot tables, VLOOKUP) to meet goals
• Manage a team of 5-7 credit analysts to ensure adherence to approved policy and procedures.

What you need to succeed at XPO:

At a minimum, you'll need:

• Bachelor's degree or equivalent related work or military experience
• 5 years of credit department of a Fortune 500 company, including 3 years in a leadership role

It'd be great if you also have:

• MBA
• 5 years of credit department of Fortune 500 companies
• Credit software experience desired (High Radius, etc.)
• Quickly learns and achieves proficiency in new software applications as needed
• Oracle and Power BI experience
• Microsoft Office - Intermediate to Advanced skill level - Excel (Pivot tables, macros, v-lookup) and PowerPoint

Be part of something big.

We are proud to be an Equal Opportunity/Affirmative Action employer. Qualified applicants will receive consideration for employment without regard to race, sex, disability, veteran or other protected status.

All applicants who receive a conditional offer of employment may be required to take and pass a pre-employment drug test.

The above statements are not an exhaustive list of all required responsibilities, duties and skills for this job classification.

Review XPO's candidate privacy statement here.

PandoLogic. Keywords: Credit Manager, Location: Fort Worth, TX - 76161

**Do you want your voice heard and your actions to count?**

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. Across the globe, we're 180,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

This is a remote position. A member of our recruitment team will discuss location preferences with you in more detail.

**Job Summary:**

Overall responsibility for oversight of high-quality credit underwriting and portfolio maintenance to support Private Wealth segment. Awareness of liquid-secured lending, aircraft lending and individual lending in Wealth venue necessary. Plays a key role in balancing asset growth with credit quality as part of achieving division & financial objectives. Role manages a team of Credit Executives that includes one Director, six Vice Presidents and one Assistant Vice President (8 FTE). Reports to the Business Credit Center of Excellence Managing Director.

**Key Responsibilities** **:**

New Business: Provides oversight for the initial evaluation of each new credit opportunity to determine the appropriateness of moving forward with the diligence and underwriting. The candidate will have the ability working with Relationship Managers/Wealth Leadership and with prospects/customers to properly evaluate an opportunity including evaluation of the management to determine the most appropriate credit structures. Act as senior credit sponsor on deals. They will additionally work effectively with Credit Admin to obtain appropriate approvals outside of their delegated credit authority. Appropriately adjudicate credits within assigned loan authority. (50%)

Portfolio Management: Provide existing portfolio oversight with focus on emerging portfolio issues and specific credit problems. Monitor portfolio performance aligned to risk appetite statements. Manage Credit Executives assigned to the relationships. Resolve with the Wealth Advisors/Relationship Managers any disputes or conflicts arising between Relationship Managers/Credit Executives and/or Credit Administration. (50%)

Requires highly effective risk management, analytic, structuring and negotiating skills coupled with highly effective interpersonal skills emphasizing communications and collaboration consistent with the Bank's Culture Principles. Transactions include credits of simple to high complexity ranging up to $50 million. Responsible for applying America's Credit Policy, Procedures and Underwriting Guidelines and for granting appropriate and permissible exceptions thereto within delegated credit authority. Must continually seek process improvements to gain greater efficiencies.

**Qualifications:**

+ Education: Bachelor's degree required. Master's degree preferred.

+ 15 years commercial credit / wealth underwriting.

+ Management / Leadership / talent development in a virtual environment

+ Proficient in standard bank software - Word, Excel, Teams, RACER/nCino, TOPS

+ Strong communication skills and collaborative personality

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.

\#LI-Remote