Latin America Credit Risk Officer _ Assistant Vice President

About the Role

The Latin America Credit Risk Management team is tasked with managing the credit risk inherent in Deutsche Bank’s business activities with Latin American clients, including corporates, banks, non-bank financial institutions, and sovereign counterparties across the region.

As a Credit Officer, you will handle loan, derivative (complex and vanilla), and trade-related approvals, set and monitor counterparty credit limits, negotiate credit terms in relevant agreements, and interface with senior management and business personnel on risk issues.

Responsibilities

• Manage the risk 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 corporate, financial institution (FI), and sovereign counterparties, and identify structural weaknesses in proposed credit transactions.
• Assess transaction risks based on individual transaction structure, collateral, credit enhancements, and documentation; recommend enhancements where necessary.
• Define and negotiate credit terms in legal documentation (ISDA/CSA, GMRA, loan agreements, etc.) to ensure proactive risk management.
• Assist in rating and structuring transactions to achieve optimal risk/return outcomes.
• Act as an intermediary between business units and senior credit committees to facilitate credit approval and monitoring processes.
• Monitor individual credit/risk positions and developments within given portfolios. Ensure compliance with all applicable regulatory requirements.

Requirements

• Moderate experience in credit risk (corporates/financial institutions) within Latin American markets.
• Bachelor’s degree in Finance, Accounting, Economics, or related fields.
• Fluency in Spanish is strongly preferred; Portuguese is 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 negotiating derivative contracts and loan documentation.
• Proven ability to leverage AI tools to enhance productivity, optimize workflows, and solve business problems while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Skills That Will Help You Excel

• Strong interpersonal, leadership, and communication skills (verbal and written) in English and Spanish.
• Significant degree of independence and sound judgment with good attention to detail.
• Strong analytical skills; ability to quickly analyze and assess complex transactions.
• Self-motivated; takes ownership of career management, seeking opportunities for continuous development of personal capability and improved performance.
• Actively supports the Business strategy, plans, and values, contributing to a high-performance culture.

Schedule

It is the Bank’s expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank’s hybrid working model.

Pay

The salary range for this position in New York City is $100,000 to $153,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location, and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Benefits

• Hybrid working model, allowing for in-office/work-from-home flexibility, generous vacation, personal, and volunteer days.
• Employee Resource Groups that support an inclusive workplace 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.