Custom Credit Executive - IRC173308
Hiring Company Industry:
Financial Services
Number of Employees:
10,000+
Employees
Total Compensation: $100K+
Location: Chicago, IL
JOB DESCRIPTION
The candidate will be undertaking marketing and transaction management in a large geographic region with a focus on providing sophisticated credit direction, expertise and approval for strategically important clients.
Job Responsibilities
- A Custom Credit Executive provides in-market, client-facing advice and counsel to UST/ML sales teams and clients where a customized or structured credit transaction is needed.
- In this role, the CCE assists in target client selection, analysis if risks and negotiation of critical loan structure and pricing elements.
- As well, the position partners with the Credit Risk, Underwriting and Documentation partners to shepherd the transaction through the process to completion.
- This is also a market leadership role in driving credit balance & revenue growth, as well as assisting in managing asset quality of the portfolio.
- Product advocate for credit in a large geographic region.
- Originates sound new business through regional bankers.
- Provides credit direction, expertise, and approval for strategically important clients.
- Leads credit product to Hoshin targets. Delivers credit strategy for the region to clients.
- Understands market differences within region and coordinates best practices in terms of delivering thoughtful credit solutions.
- Works closely with clients and bankers to define and deliver best alternative for both.
- Coaches bankers regarding opportunities and alternatives for clients.
- Critical link to centralized underwriting and approval process.
- Accountable to asset quality and financial plan for the region.
Qualifications
- 7-10+ years lending experience with a primary focus on UHNW individuals and/or commercial/corporate lending.
- Advanced degree preferred
- Series 7/66 licenses preferred
Merrill Lynch is an Equal Opportunity Employer.
The Firm and its affiliates do not discriminate in employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other criteria prohibited under controlling federal, state or local law.
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