IMI CIB - ISP Banco Multiplo Brasil_Head of Credit Department

Scope and Purpose

• Manage and coordinate all credit activities of the Bank
• Lead and chair the Credit Committee and the Problem Loan Committee (if applicable)
• Supervise Credit Analysis and Credit Administration teams
• Prepare and analyze credit line proposals, including assessment of financial statements
• Monitor and review client credit limits
• Ensure proper management and filing of credit documentation
• Act as the point of contact for all credit-related issues, including interactions with auditors
• Ensure credit policies and guidelines are continuously updated and properly followed
• Monitor the loan portfolio to ensure credit risk objectives are met
• Manage the internal credit rating system and ensure timely updates of client ratings

Scope and Purpose

• Monitor external credit rating agencies and align internal ratings accordingly
• Manage problem loans in line with ISP guidelines and local regulations
• Ensure quality of credit granted and proper use of approved credit lines
• Ensure compliance with credit policies set by ISP and local regulatory authorities
• Monitor credit portfolio growth and propose risk mitigation measures
• Set and review credit concentration limits and individual exposures monthly
• Promote a strong credit culture and ensure continuous training and updates for the Credit Department
• Update loss evaluation criteria and recommend provisions and write-downs when necessary
• Evaluate waivers and amendments related to credit agreements in coordination with ISP Central Credit Dept.
• Perform other credit-related tasks as requested by Top Management

Required Experience

Experience of 5 to 10 years in the credit department at senior level and more than 3 years in a team leadership position.

Technical Skills

• Microsoft Office
• Oral and written communication for professional interaction with internal departments and external counterparties
• Knowledge of the local credit market
• Financial analysis techniques
• Local banking products
• Loan documentation for secured loans
• Loan documentation for unsecured loans
• Banking regulatory environment in Brazil
• Banking regulatory environment in Italy
• Loan negotiation practices
• Fundamentals of the Brazilian Bankruptcy Law
• Development and updating of credit policies, manuals, and procedures
• Compliance with internal guidelines and local regulatory requirements (BACEN)
• Credit portfolio monitoring
• Credit risk identification
• Proposal of preventive measures in credit management
• Management of non-performing loans

Required Qualifications, Skills and Knowledge

Language Skills:

• Fluent Portuguese
• Fluent English
• Italian is desirable

Specific Knowledge:

• Knowledge of the financial market
• Knowledge of internal policies and procedures in the banking sector
• Knowledge of BACEN regulations
• Knowledge of the Brazilian Bankruptcy Code

Qualifications:

• Completed undergraduate degree
• Master's degree is desirable