Credit Risk Manager

Banco de Credito e Inversiones; Torch of Friendship (FL); On-site; USD 120,000 - 180,000; Full time

Job summary

Banco de Credito e Inversiones (BCI) Miami Branch seeks an experienced Credit Manager to oversee underwriting decisions, coordinate risk management, and supervise a team of analysts. You will vet transactions, ensure compliance with branch standards, and contribute to credit policy development.

The role demands a minimum of 10 years in credit underwriting, a bachelor’s degree, and fluency in English and Spanish. Travel and weekend hours may be required as needed.

Qualifications

• Bachelor’s degree in a related field or equivalent combination of coursework and work experience.
• At least 10 years of related experience in credit underwriting or lending.
• Ability to understand, speak, read and write English and Spanish.

Responsibilities

• Vetos transactions to be booked in the branch and ensures approvals meet BCI Miami standards.
• Provide guidance and direction to team, set performance standards, and supervise.
• Review credit proposals with financial analysis for submission to credit committee.
• Mentor subordinates and coordinate with Head Office on risk management and policy revisions.
• Monitor credit facilities and risks, and support audits by internal/external bodies.

Skills

Underwriting

Credit risk

Leadership

English/Spanish

Education

Bachelor's degree

Tools

Microsoft Word

Microsoft Excel

PowerPoint

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full Time Regular Miami, FL, US

4 days ago Requisition ID: 1248

ABOUT BCI

Bci provides financial services to individuals and corporation. We focus on being a global leader in innovations and personalized client experience and, with more than

10,500 employees, Bci is recognized as one of the best companies in which to work and develop a career. It is the third largest privately owned bank in Chile and it has more than 300 branch offices throughout Chile and representative offices in other countries.

Bci is an Equal Opportunity Employer - All qualified applicants will receive consideration without regard to race, color, religion, gender, national origin, age, disability, veteran status, or any other factor determined to be unlawful under applicable law.

JOB SUMMARY

This position vetos transactions that go to committee to be booked by the Branch as well as acts as backup for the Head of Credit in the approval process. CM manages and coordinates activities of personnel engaged in conducting credit underwriting of prospective loan customers, preparing documents to substantiate creditworthiness. Must have extensive knowledge of commercial underwriting. Including Corporate ( focus LATAM), CRE, Private Banking lending. Responsible for loan policies and credit risk policies and procedures.

DUTIES OF THE POSITION

The duties of the position include, but are not limited to, the following:

Responsible for accepting transactions to be booked in the branch. The CM will veto transactions to be included for approval into committees and is empowered to reject all transactions that do not meet BCI Miami standards.

Provides guidance and direction to his team, including setting performance standards and supervises performance.

Identifies the developmental needs of subordinates by coaching, mentoring, and giving constructive feedback to improve their knowledge skills.

Ensures adherence to legal and company policies and procedures and undertake disciplinary actions if the need arises

Concludes if credit facility meets sound underwriting standards and they don't pose greater of normal risk

Reviews, presents and prepare if needed 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

Provides mentoring and guidance to subordinates and other employees

Coordinates and recommends revision of policies, procedures and agreements to guarantee compliance with current regulation. Ensures that deviations from policy are corrected and reported

Suggests programs to ensure accomplishment of business plan for growth and profit

Escalates to senior management as to risk on complex loan credit facilities or unexpected market conditions

Actively participates in or facilitates committees related to risk management, and quality improvement

Monitor and analyze pertinent information after approval into our online system

Monitors and traces if necessary of respective approvals from Head Office

Reviews the opening, deletion, and renewal of credit lines into our system

Ongoing review of the credit files to guarantee completeness and creditworthiness. Traces if any information is missing

Actively participates when internal auditors, external asset quality review, and regulators are auditing the Branch. Contributes with credit issues, and monitors timely audit findings solution

Assists Head Office with information and ratings of customers in North and South America

Monitors on an ongoing basis the financial performance of our credit customers

Ability to understand, speak, read and write English and Spanish

Effectively speaking before groups of customers or employees

Assume evolving duties and responsibilities of position

Work all hours required to fulfill job duties and responsibilities (including, weekends, evenings and holidays as needed)

Travel as required

Provide coverage for other positions as requested

Perform additional duties and responsibilities as assigned by management

COMPLIANCE RESPONSIBILITIES

In the performance of their duties, all Bci - Miami Branch staff members are required to comply all state and federal regulatory and legal requirements, including the Bank Secrecy Act, the Federal Election Campaign Act of 1979, the Foreign Corrupt Practices Act, and the Bank Bribery Amendments Act. Additionally, all staff members must comply with in the Bci’s Personnel Manual and Code of Ethics and other policies of Bci which are either currently in place or which may become effective during the staff member’s employment.

PRE-HIRE REQUIREMENTS FOR THIS POSITION:

COMPUTER:

Ability to operate IBM compatible personal computers; fluency with Microsoft Word, Microsoft Excel and Microsoft PowerPoint

EDUCATION:

Bachelor’s degree in a related field or equivalent combination of coursework and work experience

EXPERIENCE:

At least 10 years of related experience.