Workout & DIP Risk VP
- Posted: 25/09/2024
- Salary: -
- Location: Manhattan, New York, United States
- Job Type: Permanent/Fixed Term
Join a leading international bank renowned for its commitment to innovative financial solutions and exceptional client service. They are expanding their risk team and seeking a seasoned professional to help expand their restructuring and workout risk strategies.
Role Overview:
As the VP of Workout and DIP Risk, you will play a crucial role in managing our portfolio of distressed assets and overseeing debtor-in-possession (DIP) financing strategies. You will work closely with senior management and cross-functional teams to develop and implement effective workout plans that maximize recovery and minimize risk.
Key Responsibilities:
- Assess and manage distressed asset portfolios, providing strategic recommendations for workout plans.
- Oversee the structuring and execution of DIP financing arrangements.
- Collaborate with internal stakeholders to ensure alignment on risk management strategies.
- Analyze market trends and economic factors influencing distressed assets and DIP financing.
- Build and maintain relationships with key clients, investors, and external advisors.
Qualifications:
- Bachelor’s degree in Finance, Business Administration, or a related field; MBA preferred.
- 8+ years of experience in distressed asset management, workout strategies, or DIP financing.
- Strong analytical skills with a proven track record of successful deal structuring.