What are the responsibilities and job description for the Senior Credit Analyst - Trade Finance position at Ascendo Resources?
Seeking a Credit Analyst to support the underwriting and credit approval process for international banking relationships. This role will focus on analyzing credit risk related to cross-border commercial lending, trade finance, and structured international transactions, primarily involving Latin America.
Key Responsibilities
- Underwrite and analyze credit requests for international clients, including:
- Commercial & corporate loans
- Trade finance products (letters of credit, standby LCs, import/export financing)
- Working capital facilities and structured credit solutions
- Perform detailed financial statement analysis (IFRS and US GAAP), cash flow modeling, and ratio analysis for foreign counterparties.
- Assess country risk, sovereign risk, FX exposure, and political/economic factors impacting cross-border transactions.
- Prepare comprehensive credit memorandums for Credit Committee, clearly outlining risks, litigants, and recommendations.
- Analyze collateral structures including guarantees, pledged deposits, trade-related instruments, and corporate support.
- Conduct ongoing credit monitoring, annual reviews, covenant compliance, and portfolio risk assessments.
- Work closely with Relationship Managers, Trade Finance, Operations, and Compliance to ensure transactions meet regulatory and internal credit standards.
- Ensure adherence to U.S. regulatory requirements, internal credit policies, and international banking best practices.
Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or related field.
- 3 years of credit analysis or underwriting experience within international banking, foreign banking organizations, or trade finance.
- Strong experience underwriting cross-border credit facilities and international counterparties.
- Solid understanding of trade finance products, international lending structures, and risk mitigation tools.
- Knowledge of Latin American markets strongly preferred.
- Strong financial modeling, analytical, and credit writing skills.
- Familiarity with U.S. banking regulations applicable to foreign bank agencies (FDIC, OCC, Federal Reserve).
- Advanced Excel skills required.
- Bilingual English/Spanish strongly preferred.