Business Credit Officer - Jr Analyst

HSBC; São Paulo; On-site; BRL 120,000 - 180,000; Full time

Job summary

HSBC Brazil in São Paulo seeks a Business Credit Officer (BCO) Analyst to own the end-to-end credit process for Corporate and Multinational clients, supporting Relationship Managers to structure solutions that fit financial needs.

You will gain exposure to senior risk and credit services while developing financial acumen, attention to detail, and strategic thinking, working with clients across services, manufacturing, pharma, retail, and other industries.

Qualifications

• Strong analysis skills.
• Financial Statement Analysis (accounting background).
• Ability to understand business and industry drivers.
• Proactive communication / partnership with RMs and supporting groups.
• Strong organization skills and ability to manage / sequence multiple deliverables.
• Strong written and oral communication skills.

Responsibilities

• Increasing lending portfolio: structure credit solutions and assess risks to ensure compliance with regulations and internal policies.
• Portfolio monitoring: work with RMs and clients to monitor terms and detect negative trends.
• Customer facing: follow up documentation and obtain information to support thorough borrower analyses.
• Communication with back office: coordinate with Transaction Services and Legal to manage assignments.

Skills

Strong analysis skills

Financial statement analysis

Understanding business drivers

Proactive communication

Organization & delivery sequencing

Strong written & oral communication

Job description

The primary focus of the Business Credit Officer (BCO) Analyst is owning the E2E (End to End) process of credit for CIB customers in order to support Relationship Managers to structure credit solutions according to financial needs of Corporate and Multinational customers that would increase lending portfolio in HSBC and ultimately would be translated in reaching economic objectives of the bank.

Throughout the tenure of this role, the BCO Analyst teammate will gain exposure with Sr. Managers of CIB, Wholesale Credit Risk, and Credit Services (back office) while developing the following skills: financial / business acumen, attention to detail, analytic and strategic thinking, planning and relationship management.The analyst will also be involved in transactions for customers operating in diversified industries such as: Services, Manufacturers, Autoparts, Pharma, Retail, O&G, Agribusiness, Food and Beverage, Transportation, among others.

Functions and activities of the role

Specific responsibilities of a BCO analyst include:

Increasing lending portfolio: (i) Contribute with RMs to structure credit short-termed or long-termed financial solutions for corporate customers; (ii) Identify and assess risks of these financings in order to ensure that credit risk is properly mitigated and the deal complies with Brazilian banking regulation and internal policies of HSBC; (iii) prepare Credit applications 100% written in English where the analyst is expected to undertake an exhaustive assessment ofthe customer that includes: analysis of financial statements, industry analysis, annual projections of customers to predict repayment capacity.

Portfolio monitoring: (i) work closely with Relationship Managers and clients to monitor compliance of financial and non-financial terms of the lending portfolio in order to detect a negative trend of the customer or industry that would ultimately have effects on our customers; (ii) ensure completeness of the credit file in order to facilitate operations of credits.

Customer facing: (i) be in contact with customers in order to follow up documentation to facilitate the portfolio management assigned to the analyst; (ii) be in contact with the customer to obtain firsthand, valuable information from the customer in order to undertake thorough analysis of the Borrowers for monitoring purposes or increase the lending portfolio.

Communication with back office: construct efficient communication bridges with supporting teams within HSBC (eg. Transaction Services, Legal) in order to properly manage the customers assigned to the analyst.

Qualifications & Experience

• Strong analysis skills
• Financial Statement Analysis (accounting background)
• Ability to understand business and industry drivers
• Proactive communication / partnership with RMs and supporting groups
• Strong organization skills and ability to manage / sequence multiple deliverables
• Strong written and oral communication skills