What are the responsibilities and job description for the Credit Risk Manager position at Banco de Credito e Inversiones?
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.
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 POSITIONThe 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
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:Ability to operate IBM compatible personal computers; fluency with Microsoft Word, Microsoft Excel and Microsoft PowerPoint