Clm Industry Head

The Credit Group Manager-Mid Corporates is accountable for management of complex/critical/large professional disciplinary areas. Leads and directs a team of professionals. Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function. Applies in-depth understanding of the business impact of technical contributions. Strong commercial awareness is a necessity. Generally accountable for delivery of a full range of services to one or more businesses/ geographic regions. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication may be necessary. Accountable for the end results of an area. Exercises control over resources, policy formulation and planning. Primarily affects a sub-function. Involved in short
- to medium-term planning of actions and resources for own area. Full management responsibility of a team or multiple teams, including management of people, budget and planning, to include performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval. The Commercial Banking Commercial Lending Team Leader - Bilateral CLM position will be responsible for providing thorough, objective analysis of the financial condition and credit worthiness of borrowers, including prevailing industry and market conditions, as well as structuring recommendations. The Commercial Lending Team Leader is expected to own and lead the more complex bilateral credit/loan delivery process, including new money transactions, annual reviews, Greenlight memo process, legal documentation and overall portfolio management of assigned credits. In addition, the Commercial Lending Team Leader will have management responsibilities with respect to Commercial Lending Specialist personnel.
**Responsibilities**:
- Acts as a leader in facilitating the completion of the end to end credit process; as needed provide Business covering authority / Senior Credit Officer (SCO) signature approval in tandem with Independent Risk SCO.
- Manages and leads an assigned team of Commercial Lending Specialists.
- Provides primary support and partnership to Relationship Managers and Commercial Lending Specialist for more complex credit processes and portfolio monitoring to ensure the portfolio maintains high quality, while facilitating growth of the portfolio.
- Manages workflow of underwriting requests for credit extensions and annual reviews; reviews CAS and credit memos, drafts term sheet with the RMs.
- Leads and manages both the early socialization (preliminary due diligence) and Greenlight process with RMs, Commercial Lending Specialist and Analysts and Associates.
- Manages more complex transactions and contributes autonomously in client meetings and maintains high level dialogue with company management, including the Chief Financial Officer and Chief Executive Officer.
- Supervises the timely preparation of monthly and/or quarterly financial memo reviews of existing borrowers to track compliance with loan covenants, raising potential concerns to RMs and Area Managers; supervises the preparation of Counterparty credit risk (CCR) and reviews for assigned portfolio.
- Maintains extensive knowledge in the various products and services offered in the Commercial Banking Business that require credit exposure.
- The Team Leader works closely with senior management, RMs, and Independent Risk to ensure that the credit function remains in compliance with Bank and regulatory policies; ultimately responsible for ensuring loan portfolio is appropriately assessed, monitored, risk managed and classified in accordance with bank policies and regulatory requirements.
- Be fully knowledgeable of assigned portfolio and have the ability to interact with Internal Audit and other internal constituencies in terms of providing information and addressing questions and comments.
- Leads and supervises the loan documentation process for both new complex transactions and amendments or modifications. This includes coordinating interaction with the RM, Commercial Lending Specialist and inside and/or outside legal counsel to ensure that all credit approval terms and conditions are appropriately dimensioned in the closing
- documents and any exceptions prior to closing are communicated and approved by Independent Risk.
- Performs other duties and functions as assigned
**Qualifications**:
- 10+ years experience working in a financial institution in a credit role.
- Broad based experience in structuring bilateral credit agreements / specialized underwriting and structuring experience in specific industry including syndications and participations.
- Formal credit training; Experience in cash flow, leveraged, borrowing base and owner occupied commercial real estate loan structures
- Ability to manage complex bilateral credit transactions.
- Demonstrated knowledge of legal documentation minimum standards

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