Latin America Global Families - Lead Credit Officer VP
Latin America Global Families - Lead Credit Officer VP
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Job Description
As a Credit Risk Lead in Wealth Management Credit Risk team youllbe helping the firm grow its business in a responsibleway by anticipating new and emerging risks and using your expert judgement to solve realworld challenges that impact our company customers and communities. Ourculture in Risk Management is all about thinking outside the box challenging the status quo and striving to be bestinclass.
The Private Bank delivers highly customized and tailored solutions to help clients with the challenges of substantial wealth utilizing the Private Banks discretionary investment management brokerage tax and estate planning credit capital raising and specialty wealth advisory services while leveraging the commercial and investment banking capabilities of the firm.
Key Responsibilities
- Manage credit risk managementof International Private Bank clients covered bythe Latin America & Global Familiesbusiness with primary ownership of managing portfolio risks within acceptable risk appetite andloss tolerances.
- Understand WM Credit Risk appetite on wholesale loans mortgages and trading exposures (i.e. OTC derivatives futures and options securitiestrading)
- Approve credit risk exposure relating to the client base within authorized limits.Assignrisk ratings LGDs and other risk metrics across the portfolio.Maintain satisfactory Audits across the credit portfolio.
- Ensure that Risk exceptions in the portfolio are appropriately managed and escalated as required.
- Identify and monitor concentrations trends and themes in the portfolio and direct the preparation of Portfolio Reviews.
- Work closely with the Underwriting team and build an integrated approach to make credit decisions that incorporates underwriter input.
- Partner with Businessto credibly challenge opportunities / new initiatives whilepromotinga culture of Risk discipline across the organization.
- Participate to strengthenRisk Policies / UnderwritingGuidelines / procedures in partnership and work with Risk Policy team.
- Challenge the status quo. Continuously strive to find better more efficient ways to manage credit risk and business flow including underwriting.
- Actively participate in diversity inclusionand equityefforts across the organization.
Required qualifications capabilities and skills
- Bachelors degree
- 7 years of professional experience related to financial services risk management compliance or legal
- Strong decision making capabilities and the ability to identify problems and propose solutions
- Ability to operate independently with confidence to interact credibly with senior business stakeholders and build strong partnerships
- Team player who collaborates effectivelyand is able to influence others
- Thought leaderable to generate innovate ideas to addresschallenges / inefficiencies
- Outstanding attention to detail and ability to learn complex processes that affect various functions and business units within Credit Risk Management
- Highly organized motivated and hard working with exceptional communication skills both written and verbal with ability toprepare and present senior level communications and meet tight deadlines
- Strongtechnical (includingExcel) skills
Required Experience:
Exec
Employment Type
Full-Time
