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Selby Jennings · 2 days ago

Executive Director ABL/Private Credit Securitization Credit Risk

New York, NY

Full-time

Onsite

Senior Level, Lead/Staff

$250K/yr - $300K/yr

10+ years exp

Selby Jennings is a leading recruitment firm, and they are seeking an Executive Director to manage credit risk within a specialized finance risk function in a corporate and investment banking environment. The role involves overseeing credit risk management, conducting due diligence, and supporting business growth initiatives while ensuring adherence to credit risk frameworks.

BankingEmploymentRecruiting

Hiring Manager

Nancy Sluggett

Responsibilities

Utilise prior experience gained within an investment bank or specialised/structured finance group and hold an academically relevant degree

Apply strong expertise in credit risk, financial analysis, structuring, stress testing, and jurisdictional risk to inform lending decisions and single‑counterparty risk appetite

Manage credit risk appetite through early‑stage deal screening, detailed due diligence, transaction execution, and preparation of independent risk recommendations and credit analyses

Conduct early‑stage assessment of new transactions, including complex or niche situations, providing innovative solutions and value‑enhancing approaches

Influence transaction structuring to support high‑quality underwriting, timely execution, and successful syndication

Support business growth initiatives while maintaining appropriate downside protection by identifying short‑ to medium‑term risks

Review and credit‑approve first‑line prepared applications and rating assessments using subject‑matter expertise

Oversee a portfolio of counterparties, monitor for early signs of credit deterioration, and perform relevant stress testing

Prepare and present periodic portfolio monitoring reviews to senior stakeholders in both first and second lines of defence

Ensure that all internal stakeholders understand their responsibilities relating to risk management, risk ownership, and adherence to credit risk frameworks

Identify and drive improvements to second‑line processes, particularly in areas involving governance, regulatory considerations, policies, or risk‑driven reporting

Maintain a robust effectiveness review process for credit risk and escalate significant issues to senior management and relevant committees

Monitor adherence to approved risk appetite and highlight material matters to senior governance forums

Promote a strong conduct culture within the risk function and support embedding the broader risk culture

Represent the specialised finance risk function in internal meetings, client due‑diligence discussions, and external events

Demonstrate effective leadership, strong teamwork, and a high degree of independence, working effectively in cross‑cultural and geographically diverse environments

Collaborate with risk partners across disciplines (market risk, policy/governance, enterprise risk, etc.) on cross‑risk initiatives

Maintain awareness of relevant regulatory frameworks and expectations applicable to the role

Qualification

Credit risk managementFinancial analysisSecuritisationAsset-backed financingPrivate creditMiddle-market lendingLeveraged financeStress testingCross-cultural collaborationRegulatory awarenessLeadershipTeamwork

Required

10+ of experience in asset‑backed financing, securitisation, private credit, middle‑market lending, or leveraged finance