Risk, Credit Risk (Workout & Restructuring), Associate, Salt Lake City

Job description

Workout & Restructuring Team Overview The Workout & Restructuring (W&R) team is a specialist group within Credit Risk that maintains primary responsibility (i) for managing the firm’s distressed and defaulted credit positions to maximize recoveries, and (ii) evaluating and structuring new transactions with distressed counterparties. Principal offices are in New York, Salt Lake City and London to ensure global coverage of the portfolio. All major industries are represented, including consumer and retail, natural resources, financial services, TMT and real estate. All major business lines are in scope, including Investment Banking, Asset Management, Global Markets and Private Wealth Management. Primary Responsibilities: - Support the Workout & Restructuring Portfolio Managers by assessing the credit and financial strength of the firm's corporate borrowers and counterparties by performing fundamental credit analysis based on quantitative and qualitative factors - Review credit agreements, bond indentures, ISDAs and related legal documents pertinent to transaction structuring, events of default and recovery assessments - Perform detailed analysis for highly structured lending, investin...