About us:
Institutional Banking and Markets (IB&M) is responsible for managing the Group’s relationships with major corporate, government clients, and institutional investors, and provides a full range of capital raising, transactional, and risk management products and services.
The division also performs an important internal role for the Group by providing equities, markets, lending, and transaction banking execution capabilities to other CBA business units that allows them to capture opportunities with business customers.
The product suite that we provide our clients in the Americas is focused on lending, derivatives, and structured trade finance, enhanced by Global Capital Markets cross sell opportunities.
Picture yourself in the team:
The IB&M Credit Risk Americas Team in New York is responsible for risk management and oversight of credit exposures within IB&M in the Energy, Commodities, & Sustainability (ECS), Diversified Industries (DI), Financial and Strategic Investors (FSI), and Financial Institutions and Government (FIG) business units.
The open Manager Role will be focused on Energy, Commodities & Sustainability and general corporate portfolios and report to the Senior Manager. Credit Risk Americas.
Do work that matters:
Your main responsibilities will include:
- Conduct detailed credit analysis and prepare high-quality credit recommendations for complex project finance and corporate lending transactions, including syndicated and bilateral facilities.
- Assess financial, commercial, legal and structural risks by analysing borrower creditworthiness, cash flow forecasts, security structures, and recovery outcomes.
- Partner with Relationship Managers and Product teams to develop robust credit proposals, including financial modelling, scenario analysis and stress testing.
- Monitor an assigned portfolio through interim and annual reviews, assessing covenant compliance, industry trends, portfolio performance and emerging risks.
- Provide independent challenge to business stakeholders, ensuring transactions align with the Bank's risk appetite, credit policies and regulatory requirements.
- Build strong relationships with internal stakeholders across Risk, Front Office, Product, Legal and global teams to support informed and timely credit decisions.
- Contribute to the continuous improvement of credit risk frameworks, analytical methodologies, policies and reporting processes.
- Evaluate transactions across a diverse portfolio, with a strong focus on renewable energy and infrastructure, alongside multinational corporate clients across multiple sectors.
We are interested in hearing from you if you have:
- 7+ years experience in credit risk within an institutional banking environment in the US, with expertise in project finance, corporate lending and complex transaction structures.
- Strong understanding of non-recourse and limited recourse project finance, with experience assessing Probability of Default (PD) and Loss Given Default (LGD).
- Exposure to renewable energy, infrastructure or natural resources financing is highly regarded.
- Excellent analytical and critical thinking skills, with the ability to interpret financial models, identify key risks and provide constructive challenge to stakeholders.
- Strong knowledge of U.S. financial accounting, credit documentation and regulatory frameworks, with the ability to assess technical, legal and engineering reports.
- Effective communicator with strong stakeholder management skills, able to build relationships across global teams and work collaboratively across time zones (Australia and Europe).
- Self-motivated, detail-oriented and adaptable, with the ability to manage multiple priorities in a fast-paced environment and a commitment to continuous learning.
- Bachelor's degree in Finance, Accounting, Economics or a related discipline preferred. Formal credit training and existing credit approval authority at a financial institution are highly advantageous.
The salary range for this role is from $150,000 to $200,000 + variable bonus. The salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.
In order to be considered, please indicate your minimum salary expectations and availability on the application form.
If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.
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Commonwealth Bank New York, New York, USA Office
New York, United States, 0
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