Credit Operations Analyst jobs at Bank Of America in Mexico, Mexico City

Job Description:

Job Description:

The Credit Officer role requires a comprehensive skill set to effectively execute broad risk management responsibilities within Corporate & Financial Institutions Credit Risk.

Responsibilities:

• Develop and maintain a deep understanding of the Global Banking & Markets product spectrum

• Responsible for driving speed to market and asset quality; Manages (primary account responsibility) a complex portfolio of Large Corporate / Financial Institutions clients within the bank's risk appetite and risk strategies

• Develop and maintain a deep understanding of the portfolio at the client, industry, and macro level in order to assess risk and craft value added solutions that balance risk and return

• Independently assess the credit worthiness , including due diligence of prospective borrowers and/or trading counterparties and establish appropriate terms and conditions to mitigate risk

• Manage a complex portfolio of clients via actively monitoring the portfolio including changes in credit profile and compliance with credit agreements

• Provide high quality and efficient credit approval to Corporate Banking, Investment Banking, Global Markets and Treasury while observing compliance of established credit policies and guidelines

• Structure transactions and negotiate credit documentation including; credit agreements, amendments, ISDAs, and CSAs

• Establish appropriate internal risk ratings for clients and implement accurate adjustments throughout the client's credit life cycle

• Develop, maintain, and manage internal relationships with business partners including Corporate and Investment Bankers, Sales & Trading, Risk Management, Syndications, and Legal

• Participate in strategic projects to support business goals.

Skills:

• Analytical Thinking

• Credit and Risk Assessment

• Financial Analysis

• Research Analysis

• Underwriting

• Attention to Detail

• Business Acumen

• Financial Forecasting and Modeling

• Loan Structuring

• Written Communications

• Business Development

• Collaboration

• Critical Thinking

• Portfolio Analysis

• Stakeholder Management

This job is responsible for monitoring and coordinating the flow of information and documents pertaining to syndicate loans / supply chain finance. This role requires a strong understanding of loan details, particularly those related to closing documentation and compliance with legal agreements for commercial clients and trade operations to achieve customer satisfaction while minimizing the occurrence of operational risks and monitor customer trade transactions.

Responsibilities:

• Refers discrepancies and issues with legal draft documents among areas as required.

• Performs monitoring of loans by assembling and compiling documents from closing to set up for compliance monitoring tickler system. Ensure documents are accurate and complete.

• Collects and organizes loan closing information for review and analysis to input pertinent loan data into systems. Examines loan deal for accuracy and completeness, including secondary review of coworker’s loan deal sheet.

• Downloads and saves legal documents and compliance reporting and updates compliance monitoring tickler system. Provides notices of pending actions as required.

• Reviews for authority and processes for loan information or monitoring needs.

• Reviews loan documents for compliance monitoring needs. Set up deliverable requirements on the data tracking system. Creates, reviews, and distributes compliance monitoring reports monthly and upon request.

• Assists in the electronic documentation delivery process for internal and external audits. Establish relevant files to maintain a variety of loan documents and credit information on both internal and third-party sites.

• Answers inquiries and resolves routine issues. Fosters good member/public relations by providing customer service that exceeds customers’ expectations.

• Prepare documents and correspondence for reports as required.

• Completes special projects as assigned.

• Check Export, Import, Bank Guarantee, Supply Chain Financing and Trade Financing application form and transactions which is comply with term and conditions

• Understand incoming and outgoing SWIFT message and manage SWIFT message series for Trade Finance products

• Check and approve reports relating to trade transactions with maker prepare by daily, monthly, yearly, and occasionally.

• Knowledgeable financing for trade products and understand credit facility process for trade products

• Prepare regular reports and analysis for head of operation for effective monitoring and control.

• Monitor trade transactions, settlements and report any exceptions to concerned units report to Section Heads and for the purpose of audit.

• Manage Customers inquires and complaints regarding to trade services and trade finance services.

• Develops talent within the team by coaching to achieve the defined goal.

• Strong team skill and can manage stakeholder softly.

• Perform all the area of trade finance products.

• Perform checker in trade finance financing operation process.

• Check monthly outstanding trade finance transaction with physical file which is needed to follow up customer.

• Reconciles trade financing transaction.

• Understand the characteristics of trade products and trade finance products

Required skills:

• Minimum 2 years of experience working in Trade Finance and Loans in the financial industry.

• Knowledge of various types of credit offerings and the procedures required for administration and closing of related loans / supply chain finance.

• Knowledge of commercial and Syndicate loan administration and loan closing processes, including legal document review, credit monitoring and follow up documentation.

• General knowledge of accounting/financial systems.

• Oral and written communication skills, analytical skills, problem solving skills and proficiency in organizing and planning work.

• Ability to communicate effectively, handle multiple concurrent tasks and learn new applications quickly. Should have a good understanding of credit and legal terminology and work well under pressure.

• Excellent Trade Finance knowledge more prefer.

• Strong team management skills and the ability to manage stakeholders effectively.

Skills:

• Attention to Detail

• Customer and Client Focus

• Monitoring, Surveillance, and Testing

• Process Performance Management

• Research

• Adaptability

• Business Analytics

• Critical Thinking

• Reporting

• Written Communications

• Data Management

• Policies, Procedures, and Guidelines Management

• Process Design

• Process Effectiveness

• Strategic Thinking

This job is responsible for analyzing the day-to-day issues, researching, and providing resolution for various issues identified within a business unit. Key responsibilities include supporting defined procedures, routine analytics, and creating reports and completing exception processing.

Responsibilities:

• Assists with coordination of implementation for products, services, and operational solutions

• Supports the design, documentation, implementation, and monitoring of new products and services

• Provides guidance regarding procedural, technical, and operational changes

• Expands business products knowledge within operations environment

• Builds network by developing relationships with partners and teammates

• Inspects data to identify issues and trends

• Collects and interprets data to validate operational processes

Skills:

• Attention to Detail

• Customer and Client Focus

• Monitoring, Surveillance, and Testing

• Process Performance Management

• Research

• Adaptability

• Business Analytics

• Critical Thinking

• Reporting

• Written Communications

• Data Management

• Policies, Procedures, and Guidelines Management

• Process Design

• Process Effectiveness

• Strategic Thinking

Responsibilities:

• Oversees the execution of defined project tasks through tracking of deliverables and their statuses, developing project plans, and measuring progress against ongoing key performance indicators

• Leads project and/or remediation requirement documentation efforts based on identified gaps and controls needed for sustained performance plans and organizes projects using appropriate tools and techniques, including Technology platforms used by client facing employees, change management tools, and risk and issue management tools to ensure efficient and effective project

• Navigates across various Lines of Business and partner organizations, including Technology and risk, leading them to negotiate decision making for efficient and effective resolution

• Supports the adoption and sustainment of change initiatives and helps assess adoption risks

• Develops, maintains, and reports on an overall integrated delivery plan, raising any risks, developing a mitigation plan, and escalating issues appropriately to respective stakeholders

Required Skills:

• At least 2 years of project management experience

• Knowledge of structured project management methods

• Understanding of Operations processing & regulatory requirements

• Track record of delivering projects to plan and on budget

• Ability to assess an ill-defined problem and propose the tasks & deliverables that will be necessary to achieve the desired outcome

• Knowledge of Risk Management principles

• Ability to manage and communicate with stakeholders at different levels

• Proficient with MS products: Word, Excel, PowerPoint, Project and Visio

Desired Skills:

• At least 4 years of project management experience

• Knowledge of Operational processing ideally with particular knowledge of Non-Financial Regulatory Reporting or similar regulatory mandates.

• Proficiency in process design / process mapping

• Working knowledge of Agile methods and tools

• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.

• Excels in working among diverse viewpoints to determine the best path forward.

• Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner.

• Commitment to challenging the status quo and promoting positive change.

• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.

Skills:

• Collaboration

• Controls Management

• Issue Management

• Problem Solving

• Project Management

• Change Management

• Policies, Procedures, and Guidelines Management

• Process Management

• Process Performance Measurement

• Written Communications

• Active Listening

• Drives Engagement

• Prioritization

• Process Design

• Process Mapping

Responsibilities:

• As Mexico Credit Regulatory Lead, you will be accountable for the oversight and coordination of BAMSA’s Credit regulatory activities

• Oversee production, verification and accuracy of submission for Credit regulatory reports

• Perform required attestations of key regulatory routines to sr. regional management

• Monitoring and track of regulatory requirements and changes, including impact assessments, and ensure compliance through implementation of controls

• Identify process and/or control gaps and implementation of remediation plans

• Coordinate with GBAM Lines of Business and the various support groups on cross-functional regulatory tasks / projects

• Provide support to local GCIB Mexico Credit Head and LATAM Credit Head, including, but not limited to, strategic planning, issues tracking and leadership of credit regulatory committees

• Engage in other credit related activities including strategic projects to support business goals and presentations to senior management

• Participation in ad-hoc projects across multiple functions in Latin America

Required Competencies and Skills:

• Professional with at least 5 years’ experience of regulatory activities and interaction with both internal and external auditors

• Strong English speaker

• Proven experience leading local teams to deliver within deadlines

• Ability to identify, escalate and discuss issues

• Experience in developing and implementing new policies and controls

• Analytical thinking and detail oriented

• Knowledge in credit fundamentals

• Effective interpersonal and collaboration skills with ability to make decisions and resolve issues in a professional and timely manner

• Leadership and communication skills, capable of talking to different org levels and in different forums

This job is responsible for providing moderately complex research, reporting, and analytical support for the delivery of end-to-end support for Global Markets sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives, and over-the-counter derivatives across multiple Lines of Business. Key responsibilities include carrying out duties under general supervision and assisting teammates while following established procedures.

Responsibilities:

• Maintains accuracy of client portfolio using internal and external comparison tools
• Performs research and conducts moderately complex analyses using established techniques, including transactions that require special handling and exception handling
• Explores methods to enhance processes, further reduce risks, and boost client experience
• Partners with colleagues on the trade and sales support teams, as well as external agents
• Creates reports and liaises with internal partners to ensure proper client reporting and assist with regulatory reporting
• Escalates potential risks and exposures to manager in a timely manner
• Assists with ad-hoc projects, new processes, or initiatives requiring coordination among subject matter experts representing multiple product areas or functions

Skills:

• Attention to Detail
• Critical Thinking
• Data Collection and Entry
• Recording/Organizing Information
• Research
• Fraud Management
• Interpret Relevant Laws, Rules, and Regulations
• Problem Solving
• Quality Assurance
• Risk Management
• Adaptability
• Customer and Client Focus
• Prioritization
• Result Orientation
• Written Communications

Responsibilities:

• Perform document gap analysis by reviewing available documentation and evaluating information available publicly or through vendors for multiple LATAM jurisdictions
• Liaise with sales/Fulfillment teams to obtain and validate correct documentation
• Process AML/CDD by enriching onboarding requests in KYC Core system and performing enhanced due diligence as required
• Support creation of key business metrics
• Liaise with internal departments to support KYC issues - Involvement in ad hoc projects for new processes or industry initiatives
• Participate in remediations, internal/external Audits Requirements
• Experience in similar role
• Control focused mindset and good understanding of regulatory and reputational risks

Requirements:

• Excellent communications skills and ability to present to an audience.
• Ability to work under pressure in a team environment.
• Ability to liaise with all levels of the firm and people with different experiences and backgrounds.
• Knowledge of AML regulation
• Advanced English Language (Portuguese a plus)
• ICA/ACAMS (Desired)
• Self-motivated Bank of America is an equal opportunities employer.

Other Qualifications:

• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
• Excels in working among diverse viewpoints to determine the best path forward
• Experience in connecting with a diverse set of clients/stakeholders to understand future business needs – is a continuous learner
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

This job is responsible for completing financial and regulatory reporting for one or more legal entities, supporting one local jurisdiction, ensuring books and records are kept in accordance with US GAAP and local GAAP. Key responsibilities include performing the month-end close process, including preparing, recording, reconciling, and reporting financial results. Job expectations include filing regulatory reports with regulators and variance analysis, and preparing statutory accounts and local tax calculations.

Skills:

• Attention to Detail
• Data Quality Management
• Financial Accounting
• Regulatory Compliance
• Reporting
• Continuous Improvement
• Oral Communications
• Stakeholder Management
• Written Communications
• Financial Analysis