Credit Risk Manager

Duties

• Accepts transactions to be booked in the branch.
• Veto transactions to be included for approval into committees and rejects transactions that do not meet BCI Miami standards.
• Provides guidance and direction to his team, setting performance standards and supervising performance.
• Identifies developmental needs of subordinates through coaching, mentoring, and providing constructive feedback.
• Ensures adherence to legal and company policies and undertakes disciplinary actions if necessary.
• Concludes if credit facilities meet sound underwriting standards and do not pose greater than normal risk.
• Reviews, presents, and prepares credit proposals with respective analysis of financial statements for every credit customer to be presented to credit committee.
• Manages a group of analysts by directing and coordinating activities consistent with established goals, objectives, and policies.
• Mentors and guides subordinates and other employees.
• Coordinates and recommends revisions of policies, procedures, and agreements to ensure compliance with current regulations.
• Suggests programs to ensure accomplishment of business plans for growth and profit.
• Escalates risk on complex loan credit facilities or unexpected market conditions to senior management.
• Participates in or facilitates committees related to risk management and quality improvement.
• Monitors and analyzes pertinent information after approval into our online system.
• Maintains oversight of respective approvals from Head Office.
• Monitors and traces credit line openings, deletions, and renewals into our system.
• Ongoing review of credit files to ensure completeness and creditworthiness.
• Traces missing information and actively participates in audits conducted by internal auditors, external asset quality reviews, and regulators.
• Assists Head Office with information and ratings of customers in North and South America.
• Maintains ongoing monitoring of the financial performance of credit customers.

Qualifications

• Extensive knowledge of commercial underwriting, including corporate (focus LATAM), CRE, and private banking lending.
• Knowledge of loan policies and credit risk policies and procedures.
• Ability to understand, speak, read, and write English and Spanish.
• Effectively speaking before groups of customers or employees.
• Ability to operate IBM compatible personal computers; fluency with Microsoft Word, Excel, and PowerPoint.
• Bachelor’s degree in a related field or equivalent combination of coursework and work experience.
• At least 10 years of related experience.