Job Description:
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/ 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
- Act as intermediary between business units and senior credit committees to facilitate credit approval and monitoring processes
Skills You'll Need
- Moderate relevant credit experience (corporates /financial institutions) in Latin American markets
- Bachelor's 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
Expectations
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.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $120,000 to $200,000.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 renumeration.
Deutsche Bank Values & Diversity
We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds, and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.
Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
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Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click hereto learn more!
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Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
VisitInside Deutsche Bankto discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.