Deutsche Bank New York , NY 10007
Posted 2 months ago
Position Overview
Job Title Latin America Credit Risk Officer
Corporate Title Vice President
Location New York, NY
Overview
The Latin America Credit Risk Management credit team is tasked with managing the credit risk inherent in Deutsche Bank's business activities with Latin American clients. This includes corporates, banks, non-bank financial institutions and sovereign counterparties across the region. As a Credit Officer you will be responsible for handling loan, derivative (complex and vanilla) and trade-related approvals, setting and monitoring counterparty credit limits, negotiating credit terms in relevant agreements, and interfacing with senior management and business personnel on risk issues.
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift and volunteer programs
What You'll Do
The credit officer will be responsible for the risk management of a portfolio of Latin American counterparties spread across different jurisdictions and asset classes:
Provide approval or declination of credit transactions for Latin American clients under delegated credit authorities, or recommend approval to senior Risk officers, ensuring alignment with risk appetite for the relevant Business Unit, Industry and Legal Entity, as well as compliance with Deutsche Bank's credit standards, policies and procedures
Independently analyze various risk elements of credit transactions in Latin America
Assess the credit strength of the Corporate, FI and Sovereign counterparties and identify structural weaknesses on proposed credit transactions. Assess transaction risks, based upon individual transaction structure, collateral, credit enhancements and documentation, recommend enhancements where necessary
Define and negotiate credit terms in legal documentation (ISDA/ Credit Risk Standard Approach (CSA), GMRA, loan agreements, etc.) to ensure that documentation allows for proactive risk management, Assist in rating and structuring transactions to achieve optimal risk/return outcomes
Monitor individual credit/risk positions and developments within given portfolios, Ensure compliance with all applicable regulatory requirements
How You'll Lead
Skills You'll Need
Moderate relevant credit experience (corporates /financial institutions) in Latin American markets
Bachelors degree in Finance, Accounting, Economics or related fields
Fluency in Spanish is strongly preferred. Portuguese a plus
Extensive knowledge and understanding of capital markets products, including vanilla and complex derivatives, as well as commercial banking products (loans, trade finance)
Strong understanding of basic trading documentation and risk mitigation strategies; experience in negotiation of derivative contracts and loan documentation
Skills That Will Help You Excel
Strong interpersonal, leadership and communications skills (verbal and written) in English and Spanish
Significant degree of independence and sound judgment with good attention to details
Strong analytical skills; ability to quickly analyze and assess complex transactions
Self- motivated; takes ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution
Actively supports the Business strategy, plans and values, contributing to the achievement of a high-performance culture
Deutsche Bank