Credit Risk Specialist

  • May 30, 2024
  • HR, Legal & Finance
  • Full time
  • Remote (Mexico)
  • 1600 to 2400 USD
Anti Money Laundering
Credit Analysis
Risk Management
Spanish native

Role Description As the Credit Risk Specialist with a Compliance focus, you will play a key role in overseeing credit risk management while ensuring compliance with regulatory requirements and internal policies. You will work closely with the Credit Risk Manager and other team members to assess credit risks, develop risk management strategies, and implement compliance measures to safeguard the company's financial stability and ensure regulatory compliance. Responsibilities Credit Risk Assessment: Evaluate the creditworthiness of MSMEs by analyzing financial data and credit reports to make informed decisions on credit limits and terms, ensuring compliance with regulatory standards. Policy Development and Compliance: Develop and implement robust credit policies aligned with regulatory guidelines, ensuring compliance with laws (e.g., Fair Lending, Anti-Money Laundering), and industry best practices. Risk Mitigation and Compliance Strategies: Identify, assess, and mitigate credit risks, while overseeing compliance measures, monitoring market trends, and implementing proactive risk mitigation strategies to meet regulatory standards. Credit Monitoring, Analysis, and Reporting: Regularly monitor credit exposure and performance metrics, conduct in-depth analysis, generate compliance reports, and provide insights to senior management for decision-making. Collaboration and Regulatory Liaison: Collaborate with cross-functional teams to establish credit terms, negotiate agreements, and communicate effectively with regulatory bodies, ensuring the company's compliance posture. Compliance Audits and Continuous Improvement: Conduct compliance audits, assess risks, and develop strategies for ongoing compliance enhancement, leveraging technology and data analytics for improved efficiency. Portfolio Management and Compliance Oversight: Manage the credit portfolio while ensuring adherence to compliance standards, recommending adjustments, and maintaining accurate records. Qualifications Bachelor's degree in Finance, Accounting, Business Administration, or a related field. Master's degree or relevant certifications (e.g., CRCM, CAMS, CFA) would be advantageous. 3+ years of experience in credit risk management with a strong focus on compliance, preferably in a startup, financial institution, or related industry. Thorough understanding of compliance regulations, financial analysis, credit risk assessment methodologies, and regulatory reporting requirements. Proficiency in data analysis tools and financial software for risk assessment, reporting, and compliance management. Excellent communication skills for cross-team collaboration, regulatory liaison, and conveying complex financial and compliance information clearly. Ability to thrive in a fast-paced, dynamic startup environment, demonstrating adaptability and proactive problem-solving. Benefits A pivotal role in shaping financial and operational strategy in a growing sector. Opportunities for impactful professional growth and leadership. Competitive benefits package, including healthcare and unlimited PTO. Flexible remote work options within Americas time zones.

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