Job Detail

Senior Portfolio Manager, Corporate Lending - Siemens
New York, NY
Posted: Jul 16, 2024 00:05

Job Description

Job Family: Finance

Req ID: 428065

Are you looking for a company that empowers talent?

Here at Siemens, we take pride in enabling sustainable progress through technology. We do this through empowering customers by combining the real and digital worlds. Improving how we live, work, and move today and for the next generation! We know that the only way a business thrives is if our people are thriving. That's why we always put our people first. Our global, diverse team would be happy to support you and challenge you to grow in new ways. Who knows where our shared journey will take you?

For further information, please visit: http://www.siemens.com/businesses/us/en/financial-services.htm

Siemens Financial Services (SFS) is looking for a Senior Portfolio Manager .

The focus will be the financing of private equity or corporate backed large middle market and broadly syndicated leveraged and ABL (asset based lending) transactions across multiple sectors and industries. You will be part of a team managing a portfolio of credits throughout their lifecycle post-close involving review of quarterly trend cards, financial statement analysis, legal analysis, development of industry expertise / knowledge and engagement with external council, lenders and borrowers. Duties include maintaining up to date knowledge of each account, ongoing identification of all relevant risks and mitigating factors to recommend proactive portfolio management measures.

You will make impact with the following responsibilities:

  • Work with dedicated team to monitor and track portfolio performance of syndicated and asset based loans and provide regular updates to management.

  • Complete waiver, refinancings and/or amendments as necessary and assist the underwriting team on new business opportunities within the existing portfolio.

  • Complete and ensure accuracy of trend cards for assigned portfolio.

  • Responsible for developing industry expertise, analysis and tracking.

  • Maintain regular communications with Head of Portfolio Management and senior management regarding developing credit opportunities or concerns.

  • Support management in making investment decisions by providing timely and accurate data and recommendations.

  • Development and recommendation of credit hits of the assigned portfolio in conjunction with the Head of Portfolio Management and Credit Recovery Manager.

  • Work closely with other teams including operations, ratings, compliance and pricing in proactively managing the portfolio.

  • Responsible for all critical internal credit documents through the life cycle of a loan

  • Ensure compliance with Siemens internal reporting requirements.

  • Maintain regular contact with internal teams to ensure a smooth execution process.

  • Ad hoc portfolio related exercises and reporting.

  • Assist in the development and improvement of investment processes and procedures to enhance portfolio performance and operational efficiency.

  • Supervise and develop team members.

You'll win us over by having the following required qualifications:

  • BA/BS in finance, economics or accounting

  • 15+ years of experience in the following:

  • Credit analysis experience with specific workout/troubled account experience.

  • Deep knowledge of discounted cash flow, leveraged buyout, merger and asset-based models.

  • Broadly Syndicated Bank and large middle market transaction experience.

  • ABL (Asset Based Lending) transaction experience.

  • Excellent communication skills and ability to work with tight deadlines.

  • Proven professional writing skills, particularly in preparation of credit memos and relevant documents and announcements.

  • Working in a fast-paced, transaction-oriented deal team.

  • Willingness to travel

  • Authorization to work in the US for any employer without sponsorship now or in the future.

You'll benefit from:

  • Siemens offers a variety of health and wellness benefits to our employees. Details regarding our benefits can be found here: https://www.benefitsquickstart.com/siemens/index.html

  • The pay range for this position is $133,000- $273,600 plus generous incentive plan. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications and premium geographic location.

Create a better #TomorrowWithUs

About Siemens:

We are a global technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to sustainable transportation as well as advanced healthcare, we create technology with purpose adding real value for customers.

Our Commitment to Diversity, Equity, and Inclusion:

We value your unique identity and perspective. We are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society. Come bring your authentic self and create a better tomorrow with us. Learn more about our commitment to DEI here (https://www.siemens.com/us/en/company/environmental-society-governance/diversity.html) .

Protecting the environment, conserving our natural resources, fostering the health and performance of our people as well as safeguarding their working conditions are core to our social and business commitment at Siemens. They are an integral part of our Business Conduct Guidelines and our corporate strategy.

#LI-KC1

Equal Employment Opportunity Statement

Siemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

Reasonable Accommodations

If you require a reasonable accommodation in completing a job application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please fill out the accommodations form by clicking on this link Accommodation for disability form (https://www.siemens.com/us/en/company/jobs/search-careers/accommodation-for-disability.html) If you're unable to complete the form, you can reach out to our AskHR team for support at 1-866-743-6367. Please note our AskHR representatives do not have visibility of application or interview status.

EEO is the Law

Applicants and employees are protected under Federal law from discrimination. To learn more, Click here (https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm) .

Pay Transparency Non-Discrimination Provision

Siemens follows Executive Order 11246, including the Pay Transparency Nondiscrimination Provision. To learn more, Click here (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf) .

California Privacy Notice

California residents have the right to receive additional notices about their personal information. To learn more, click here (https://new.siemens.com/us/en/general/legal/us-internet-privacy-notice-state-rights.html) .



Job Detail

  • Location:
    New York, NY
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Company Overview

Siemens

New York, NY