What are the responsibilities and job description for the SVP, Deputy Chief Credit Officer position at Banesco USA?
Job Title
SVP, Deputy Chief Credit Officer
Banesco USA is seeking an SVP, Deputy Chief Credit Officer for our Credit Department.
Primary Job Duties
Banesco USA is part of Banesco International, a worldwide group of financial institutions with presence in 14 countries.
As a corporation in continuous evolution, we promote the ongoing professional and personal development of our employees, by embracing challenges and adapting to the changing environment of today’s world. We aim to develop integral human beings, committed to making a difference at the workplace and out in the world.
Our actions are rooted in our Values: Reliability, Responsibility, Quality and Innovation. We believe that we all have the same ability to transform our daily tasks into significant contributions, and therefore, Leave Our Mark.
At Banesco USA, one of our most valued assets is our enthusiastic team, which strives every day to create a world-class organization in an ever-changing world. Together, our team has made us a market leader and we invite you to join us.
SVP, Deputy Chief Credit Officer
Banesco USA is seeking an SVP, Deputy Chief Credit Officer for our Credit Department.
Primary Job Duties
- Credit Risk Management: Assist the Chief Credit Officer in developing and executing the credit risk management framework, including setting credit risk limits and monitoring adherence to those limits.
- Policy and Procedure Development: Help to design, implement, and maintain comprehensive credit policies and procedures to ensure consistency, compliance, and efficiency in credit operations.
- Credit Assessment & Approval: Participate in the credit approval process for high-risk loans and complex transactions. Provide input and final decision-making authority in complex or high value lending decisions or provide opinions to those loans requiring credit committee approval.
- Regulatory Compliance: Ensure that the organizations credit policies and practices are in compliance with local, state and federal regulations, as well as industry best practices.
- Credit Quality Control: Direct the internal credit rating activities designed to evaluate credit risk and maintain the integrity of the credit rating systems and provides technical guidance to team.
- Committees: Co-chairs the credit committees with other members of the Executive Management team to determine credit decisions within the established lending authorities.
- Appraisal/Environmental Process: Oversees the internal and external appraisal activities designed to ensure the integrity of the values on properties maintained as collateral to ensure required LTV coverage and/or insure proper value impairment recognition.
- Acts as a liaison during examinations providing reports in a timely manner.
- Responsible for completing annual training program assigned.
- Performs other functions and/or duties as assigned.
- Education: Bachelor’s degree in Finance, Accounting, Economics or related field (Master’s degree in Business Administration (MBA) preferred).
- Experience: Ten (10) years of experience in the area of Credit Risk Management and/or Lending in a financial institution, including at least, four (4) years’ experience in a leadership role, preferably in an Senior or Executive level role.
- Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)
- Strong verbal and written communication skills, ability to communicate at all levels of the organization.
- A solid understating of Banking Regulations from regulatory entities such as The Office of the Financial Regulation (OFR), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (FRB, or the Fed) and Federal Financial Institutions Examinations Council (FFIEC).
- Extensive experience working alongside internal and external auditors as well as regulatory entities.
- Strong presentation skills with the ability to propose ideas, changes, negotiations and/or report the department’s progress to all levels of the Bank (Board of Directors to internal employees).
- Experience in the ability of conveying technical concepts and ideas to non-technical individuals.
- Strong knowledge of credit risk principles, lending processes, regulatory requirements and market trends.
- Experience in efficiently and effectively managing a department to align with the objectives of the Bank.
- Must be proactive and innovative, capable of leading change management initiatives and effectively prioritizing and accomplishing objectives with tight deadlines.
- Competitive salary plus variable compensation.
- Paid Time-Off.
- Hybrid Work Model (remote and on-site work)
- Tuition reimbursement.
- Paid parental leave.
- Medical, Dental, Vision
- 401k
- Life Insurance
- Supplemental Insurances
- Short-Term & Long-Term Disability Benefits
Banesco USA is part of Banesco International, a worldwide group of financial institutions with presence in 14 countries.
As a corporation in continuous evolution, we promote the ongoing professional and personal development of our employees, by embracing challenges and adapting to the changing environment of today’s world. We aim to develop integral human beings, committed to making a difference at the workplace and out in the world.
Our actions are rooted in our Values: Reliability, Responsibility, Quality and Innovation. We believe that we all have the same ability to transform our daily tasks into significant contributions, and therefore, Leave Our Mark.
At Banesco USA, one of our most valued assets is our enthusiastic team, which strives every day to create a world-class organization in an ever-changing world. Together, our team has made us a market leader and we invite you to join us.
