Risk Officer II Rural

Summary:

The Risk Officer (RO) function within Rural is an independent and proactive risk management role within the second line of responsibility, with the aim to facilitate, monitor, challenge, and support the business in realizing its strategic ambition to grow the Rural portfolio, including delegated approval authority.

The RO operates within a robust risk framework and culture where the business takes first-line responsibility. The RO challenges the first line of responsibility and engages with Second / Third Line on a timely and proactive basis to achieve and maintain a high-quality portfolio by reducing credit and operational losses, ensuring that risks (financial and non-financial) are properly identified and addressed, and that trends are recognized and acted upon.

The Risk Officer engages with the business at a transaction level, providing initial risk input and ultimately making risk decisions within delegated approval authorities or providing risk advice to approving authorities on submissions. At a portfolio level, the RO supports the review and monitoring of portfolio trends, risk culture, concentration risks, sector developments, and market dynamics, contributing to the identification and escalation of emerging risks and Red Flags.

The Risk Officer collaborates with business stakeholders and risk colleagues to promote sound risk management practices, support adherence to policies and procedures, and contribute to risk-related projects and initiatives.

Risk Officers are expected to perform their responsibilities with an appropriate level of independence and professional judgment, handling routine and moderately complex credit decisions within their delegated authority while seeking guidance on highly complex or exceptional matters. Regular managerial support and oversight may be required depending on the nature and complexity of the activities performed.

Main responsabilities:

1) Identify Risk - Responsible for second line transactional engagement with the business from origination to final approval, ensuring that risks are properly identified, clients and transactions fit the risk appetite as laid down in the various risk appetite statements within Rural. 

2) Risk Assessment - Forms independently an opinion on the acceptability of the risk, in terms of credit, structure, legal, tax, commercial and non-financial risk aspects. Ensures high quality of the proposal prepared by the 1 LoR, well substantiated and timely to facilitate an effective approval and decision process.

3) Approve / Opine on Risk - Decides upon proposals under delegated approval authority or otherwise makes recommendations to approving bodies.

4) Manage Risk  - Responsible for second line portfolio risk management via active engagement with the business and relevant Second line and Third line departments. Assess the portfolio on trends, concentration risks, volatility and consequence thereof, taking pro-active actions where needed. 

5) Monitor and Review - Contributes to management reporting and ERM reporting. Analyze and learn lessons from events, changes, trends, successes and failures.  Detect changes in the internal and external contexts, including changes to risk criteria and the risk itself which can require revision of risk treatments and priorities (Risk Appetite Statement, Policies and Procedures).  Identify emerging risks.

6) Network - Builds, maintains and extends a network with the first line. Engages within other Risk Departments and Risk Officers to ensure quality of decision taking, portfolio management and adequate engagement with 1st line business and other stakeholders.   Develops and maintains relationship with the relevant second and third line departments (e.g. Legal, Tax, Compliance, IT Ops, Operational Risk, Audit).

7) Risk Awareness & Culture - Contributes to the dissemination of risk awareness and the promotion of a strong risk culture within the 1st Line of Responsibility through ongoing engagement, communication, and knowledge sharing with business stakeholders.

Main requirements:

Bachelors or Masters degree in business, economics, engineering or related areas;

At least 5 years of experience in credit analysis. Experience in a Risk Officer function, credit risk management, or second-line risk activities is a plus;

Fluent skills in English;

Credit and banking knowledge and Product/market knowledge;

Customer Focus, Result Focus, Cooperation, Impact, Judgment, Initiative,

Decisiveness, Independent and challenging, Accountable.

We believe that diversity and different perspectives enrich our world and our efforts to build a better world.Everyone is welcome to apply for positions at Rabobank Brazil.