Latin America Credit Risk Officer - Vice President

Deutsche Bank • New York, NY

5d • $125,000 - $203,000 • Hybrid

About The Position

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, including 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.

Requirements

• Moderate experience of previous credit (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

Nice To Haves

• 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

Responsibilities

• 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/ 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
• Act as 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

Benefits

• 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 This Job Offers

• Job Type: Full-time
• Career Level: Mid Level