Credit Approval Lead role focused on performing independent credit risk analysis for NAV-based and asset-backed lending transactions. You will assess fund structures, leverage profiles, underlying asset pools, and the durability of cash flows, and evaluate downside cases, stress scenarios, and potential recovery outcomes. Based on these analyses, you will formulate risk recommendations for credit committees and senior approvers, ensuring decisions reflect the appropriate risk protections and structural considerations.
You will review proposed transaction structures to confirm that risk mitigants are appropriate, including advance rates, borrowing bases, eligibility criteria, and concentration limits. The role also involves analyzing covenant packages, triggers, cash controls, and amortisation features, with an emphasis on distinguishing risk characteristics across different facility types such as NAV-based and asset-backed lending versus subscription facilities. You will provide risk input into term sheets and legal documentation, partnering with legal and front-office teams to ensure risk terms are accurately reflected and escalating structural or documentation issues ahead of approval and closing.
After approvals, you will oversee ongoing portfolio monitoring by reviewing periodic reporting, valuations, and covenant compliance, and tracking concentration, collateral quality, and emerging risk trends. You will recommend risk actions, amendments, or escalations as needed, and prepare credit memoranda and committee materials for internal governance forums. The position is expected to support underwriting standards and risk policy refinement, collaborate with coverage and portfolio management and operational teams, and contribute to internal audit, regulatory reviews, and portfolio risk reporting, with a typical requirement of 6–10+ years of relevant credit risk, underwriting, or portfolio risk experience in a bank, along with strong analytical, detail-oriented judgment and advanced Excel capability.