Job Title:  Head of CRM Brazil

Corporate Title: Vice President

Location:  Sao Paulo, Brazil

Overview

Credit Risk is a centralised risk-type function within the CRO function. Brazil CRM team is tasked with managing the credit risk inherent in Deutsche Bank’s business activities with Brazilian clients, including corporates, banks, non-bank financial institutions and sovereign counterparties across the region. The team is primarily responsible for setting limits and providing credit approvals for single name credit risk, as well as monitoring and managing against these in the context of the bank’s Enterprise Risk Management framework.

Credit Risk enables CRO to strengthen, enhance and improve control of the bank’s credit risk. The team provides deep technical expertise to the business aligned risk functions and facilitates strategic business decision-making to improve overall use of the bank’s capital. Using in-depth analysis of industry, sovereign and settlement risk, CRM enables Deutsche Bank to optimize its appetite for investment.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration.
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs

What You’ll Do

The credit officer will be responsible for the risk management of a portfolio of Brazilian counterparties (rest of Latin American is a plus):

• Analyze credit quality of a portfolio of corporate and financial institutions in Brazil;
• Provide approval or declination of credit transactions for Brazilian clients under delegated credit authorities, or recommend approval to senior Risk officers, ensuring alignment with risk appetite for the relevant Business Unit, Industry and Legal Entity, as well as compliance with DB’s credit standards, policies and procedures;
• Thoroughly assess transaction risks, based upon individual transaction structure, collateral, credit enhancements and documentation. Recommend risk enhancements as necessary;
• Define and negotiate credit terms in legal documentation (ISDA/ CSA, GMRA, loan agreements, etc.) to ensure that documentation allows for proactive risk management;
• Assist in structuring transactions to achieve optimal risk/return outcome;
• Monitor quality of the portfolio;
• Provide continuous monitoring and oversight of credit risks generated, providing mitigation advice and challenge where appropriate;
• Ensure compliance with all local and global regulatory requirements.

How You’ll Lead

• The VP / Head of CRM Brazil has frequent interactions with Brazil’s senior management and is CRM”s representative in Brazil’s risk committee
• Act as intermediary between business units and senior credit committees to facilitate credit approval and monitoring processes;
• Interaction with local regulators, as the VP position for CRM Brazil is a regulatory requirement due to a heavy regulatory agenda

Skills You’ll Need

• 5-9 years of previous credit experience (corporates /financial institutions) in Brazil (Latin America a plus);
• Bachelor’s degree in Finance, Accounting, Economics or related fields.
• Fluent English (written and spoken).
• Extensive knowledge and understanding of capital markets products, including vanilla and complex derivatives, as well as commercial banking products (loans, trade finance);
• Strong understanding of basic trading documentation and risk mitigation strategies;. Experience in approval of derivative and commercial credit, and negotiation of derivative contracts and loan documentation.
• Spanish a plus.

Skills That Will Help You Excel

• Strong interpersonal, leadership and communications skills (verbal and written) in Portuguese and English;
• Significant degree of independence and sound judgment with good attention to details;
• Strong analytical skills; ability to quickly analyze and assess complex transactions

• Self- motivated; takes ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution
• Actively supports the business strategy, plans and values, contributing to the achievement of a high-performance culture

Expectations

It is the Bank’s expectation that employees hired into this role will work in the Sao Paulo office in accordance with the Bank’s hybrid working model. 

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

(Sao Paulo office – hybrid)

Deutsche Bank Values & Diversity

We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.

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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.