Vice President, Risk Management

About Macquarie AirFinance

A global aviation lessor providing aircraft and capital to the world’s airlines.

As a leading global aircraft lessor, we succeed through the quality of our team. We seek to build and maintain a culture of high performance by treating our employees with dignity and respect within a collaborative and inclusive environment. We provide competitive pay and benefits, learning and development opportunities, flexible working options, and alignment of company goals and values. 

The Vice President, Risk Management reports to the SVP, Head of Risk Management. 

The primary responsibilities of the Vice President, Risk Management are to advise the Macquarie AirFinance Senior Management, Board of Directors, Third-party aircraft owners and investment partners on best course of action to ensure optimal placement on lease of company commercial aircraft assets, evaluate new aviation investment opportunities and manage problem accounts/work-out situations.

Advise Macquarie AirFinance senior management, board, third-party aircraft owners and investment partners on best course of action to ensure optimal placement on lease of company commercial aircraft assets:

·     Perform credit and business evaluations of airlines worldwide, including onsite due diligence evaluations;

·     Assign airline credit ratings within the existing portfolio management framework;

·     Analyze aviation markets globally and report on market trends that could affect lessees;  

·     Monitor and report on sovereign risk, political, economic, & currency trends in countries where Macquarie AirFinance has significant exposure;

·     Coordinate with legal team on jurisdictional issues related to placement and registration of aircraft;

·     Provide options for structural enhancements to transactions to mitigate risk.

Evaluate new aviation investment opportunities:

·     Perform financial, credit, and business risk analyses and coordinate with technical, legal, and marketing departments to ensure that proposed acquisitions of assets will be likely to meet investment return goals;

·     Assist marketing department in targeting customers and sale-leaseback opportunities.

Manage problem accounts, restructurings and work-out situations:

·     Provide ongoing assessments and recommend action plans with respect to dealing with delinquent customers;

·     Take appropriate action to collect payments from delinquent customers and otherwise to enforce remedies (e.g. collections under letters of credit)  in liaison with Legal and Contract Administration;

·     Negotiate with airlines, administrators of bankrupt estates, and other parties regarding restructuring of transactions with, and/or repossession of assets from, bankrupt or troubled carriers;

·     Together with Legal and Technical staff, work to ensure assets are returned as timely as possible and are transitioned successfully to next lessee;

·     Manage bankruptcy claims and efforts to monetize value of claims where appropriate

·     Monitor and follow legal claims and assist Legal department in obtaining information needed in litigation.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the education, experience, knowledge, skills and abilities required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Travel:  Business travel required.

Education & Experience:  Bachelor’s degree or equivalent; 4-8 years related airline credit risk analysis experience and/or training; or equivalent combination of education and experience.  MBA/Chartered Accountant qualification a plus.

Knowledge, Skills & Abilities:

·        Strong understanding of risk management methodologies and practices

·        Ability to work as part of a team

·        Strong organizational, problem-solving, and analytical skills

·        Sound writing and presentation skills

·        Ability to manage priorities and workflow

·        Requires numeracy, analysis and computer literacy skill sets

·        Commitment to excellence and high standards