What are the responsibilities and job description for the International LATAM Credit Risk Underwriter Associate position at BBVA?
Top European Bank with significant New York operations is looking for a Corporate Credit Underwriter. The Corporate Credit Underwriter is responsible for all aspects of financial analysis and risk management for clients and prospects in the Corporate & Investment Banking unit
List Major/Essential Job Duties:
● Manage credit related aspects of a portfolio of large, Latam & International corporate relationships within all industry sectors
● Responsible for the preparation of new transaction proposals incorporating the analysis of the macroeconomic environment, the business, credit and financial risk profiles of the borrower, as well as risks inherent in the specific structure of a transaction
● Coordinate with Credit Risk Officers, Relationship Managers and Product Specialist to ensure that proposed transactions terms are acceptable to the Bank and to set appropriate global credit limits for both new and existing clients
● Responsible for monitoring and periodic reviews of existing client relationships
● Presenting credit assessment of transactions and counterparties to senior management in credit approval committees
● Monitor financial statements, borrowing base, covenant compliance, waivers, amendments and non-performing loans
● Conduct financial modeling (projections for term debt and transactions)
Skills, Knowledge, and Abilities/Competencies:
● 2-3 years of Large Corporate or Large Middle Market credit risk underwriting experience within a corporate or commercial banking environment or similar
● Analytical orientation, critical thinking skills and autonomous decision making ability
● Strong communication and business writing skills both in English and Spanish
● Macroeconomic knowledge focused on Latam (Argentina, Colombia, Chile, Perú & Brazil)
● Undergraduate degree in Finance or Accounting; MBA is a positive but is not required
● Proficiency in Spanish is a must
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
With respect to this position in our New York Office, the expected base salary ranges from $90,000 to $65,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
*Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions
Salary : $65,000 - $90,000
