Mexico Credit Director - Tlahuac, México - Bank of America

Bank of America

Empresa verificada

Tlahuac, México

hace 2 semanas

Publicado por:

Rodrigo Fernández

Reclutador de talento para beBee

Descripción

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.

Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world.

We're devoted to being a diverse and inclusive workplace for everyone.

We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference.

Join us

Enterprise Credit (EC) is responsible for underwriting credit products for clients in Bank of America's Global Corporate and Investment Bank (GCIB).

EC partners with teams across GBAM including Corporate and Investment Banking, Sales & Trading and Global Treasury Management to drive revenue growth while maintaining appropriate risk disciplines specific to GCIB's corporate credit portfolio.

Integral to EC's mission is to effectively manage and monitor the credit and market risks inherent in Large Corporate and the Financial Institutions portfolio.

Additionally, oversight of local Mexico regulatory responsibilities related to credit portfolio.

Responsibilities:

As a Mexico Credit Team Lead, you will manage all credit aspects for Mexico portfolio, local regulatory responsibilities and lead & manage Credit team

Specifically this would include:

Develop and maintain a deep understanding of the Global Banking & Markets product spectrum
Develop and maintain a deep understanding of the portfolio at the macro, industry and client level in order to assess risk and craft value added solutions that balance risk
Providing leadership and management of Mexico Credit team, comprising Vice Presidents, Assistant Vice Presidents and Analysts. This includes periodic Goals & Performance conversations, recruiting, mentoring, Diversity & Inclusion initiatives, among other activities.
Oversight of all fundamental credit analysis of Corporate and Financial Institutions clients (including assessment of key credit risks, Industry structure, business profile, financial/economic standing and projections)
Independently assess the credit worthiness, including due diligence sessions and clientfacing meetings of prospective borrowers and/or trading counterparties and establish appropriate terms and conditions to mitigate risk;
Be accountable for active client monitoring with a regular review and update of the analysis of counterparties and existing risk ratings;
Structure transactions and negotiate credit documentation including credit agreements, amendments, derivative documentation;
Ensuring granularity of the portfolio with specific reference to targets for net country/credit capital, legally binding commitments, total exposure and asset quality.
Develop, maintain, and manage internal relationships with business partners including Corporate and Investment Bankers, Sales & Trading, Risk Management, Syndications, Operations, Finance and Legal;
Ensuring adherence to prevailing credit policy.
Engage in other credit related activities including strategic projects to support business goals, presentations to senior management and local regulatory responsibilities (including but not limited to liaise with Mexico regulators Banxico, and CNBV).

Required skills:

Bachelor's degree in Accounting, Business Administration, Economics or Engineering;

- [15+] years of experience in Credit areas of Financial Institutions, preferable at major international Financial Institutions.

Experience in hiring, developing and retaining talent.
Sound product/technical and process knowledge across lending and derivative (FX, rates, commodities and equities) products.
Knowledge of Mexico specific industry sectors, structuring and documentation.

Desired technical skills:

Strong credit skills and risk judgment and ability to defend rigorously a factbased point of view.
Strong Corporate Finance perspective and drives deal selection, screening and transaction management process.
Accomplished negotiator with strong foundation in relative value assessment and risk mitigation techniques.
Understanding of credit risk sensitivities in the portfolio and risk drivers of the exposures.
Ensuring that the portfolio and credit management process are at all times rated "satisfactory" by internal auditors, the Credit Review group and Mexico Regulators.
Strong risk manager able to assess compl