Risk Management Officer/Lead Officer

hace 2 días


Buenos Aires, Buenos Aires C.F., Argentina Frávega A tiempo completo

cinfo
COMPANY PRESENTATION
We work to improve lives in Latin America and the Caribbean.
Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education, and advance infrastructure.
Our aim is to achieve development in a sustainable, climate-friendly way.
With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean.
We provide loans, grants, and technical assistance; and we conduct extensive research.
We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.
- The Bank's current focus areas include three development challenges - social inclusion and equality, productivity and innovation, and economic integration - and three cross-cutting issues - gender equality and diversity, climate change and environmental sustainability; and institutional capacity and the rule of law.
Find in-depth information on careers with IDB and related cinfo's support on cinfo.ch:Locations: Argentina, Brazil, Chile, Uruguay, Paraguay.
- The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean.
Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About this position
We are looking for a Credit Risk Management Officer/Lead Officer with strong experience in the following areas/industries in order of priority: financial institutions, structured finance and investment funds.
You will work in the Credit Risk Management (MCR) Division of the Risk Management Department (RSM).
The Division is responsible for developing and leading all aspects of credit risk policies, parameters and procedures; reviewing credit and investment proposals submitted to the Department, assessing risk and supporting the internal credit approval process; participating in the project portfolio supervision process to validate risk rating assessments; and strengthening our capacity to identify and balance the credit risk present in its lending operations and treasury (including investments and financial derivatives portfolios).
The MCR Division works closely with Investment Officers and other internal clients to find opportunities to create value-added contributions beyond compliance and risk mitigation to help insure developmental impact and sustainability.
What you will do
- You will support the origination, execution, and monitoring of transactions in the different areas (financial institutions, investment fund and structured finance) and provide independent technical risk assessments of IDB Invest's transactions, identifying issues to be addressed by various business areas and offer potential solutions and alternatives.
- Perform the independent credit risk and/or investment assessment of sophisticated transactions, including reviewing and providing advice on financing structures, financial documents, consultant reports, financial models, and legal documentation in order to fully assess resulting credit and investment risk and possible mitigants to assigned transactions.
- Be part of multidisciplinary teams in the analysis of prospective transactions and make recommendations to mitigate the identified key credit risks, as part of the credit approval process.
- Review and ratify the internal credit risk ratings applicable to the transactions assigned, considering all dimensions involved, including borrower risks, transaction structure risks, and the macro/regulatory environment, as well as the envisioned probability of default, loss-given default, and expected recoveries.
- Review the portfolio of non-sovereign guaranteed operations and undertake periodic annual reviews.
- Prepare written credit risk assessments including a credit recommendation on the counterparty's risk profile/rating in accordance with our credit policy and guidelines and documentation standards.
Formulate well-reasoned recommendations and persuasively communicate recommendations at required committees and to senior management.
- Review and evaluate waivers and amendments presented by the Portfolio Management and Origination Divisions.
- Work closely with the Special Assets Division on troubled debt restructurings to identify suitable debt restructuring strategy, steer jointly with that Division and other partners in the IDB Invest the recovery efforts and propose loan provisions.
- Use an array of analytical tools, risk management models and methodologies to measure IDB Invest credit risk exposure for assigned projects and ensure that all transactions operate inside of clearly established limits.
What you will need Education: Master's in Business Administration, Finance, Engineering, or relevant field.
Experience: Minimum of five years of relevant professional experience in a similar position.

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