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Credit Risk Analyst - Wealth Management (M/F)

Credit Risk Analyst - Wealth Management (M/F)

Founded in 1856, Banque Internationale à Luxembourg is the oldest multi-business bank in the Grand Duchy. From its foundation, the BIL has always played an active role in the development of the Luxembourg economy. It currently operates in retail, private and corporate banking, as well as on major capital markets. Employing more than 2 000 people, BIL is present in the financial hotspots that are Luxembourg, Switzerland, and China.

As a major player in Luxembourg’s finance industry and as a signatory of the UN Principles of Responsible Banking, BIL is committed to handing over a responsible and sustainable bank to future generations.

Responsibilities

Main tasks:

  • Analysing loan applications for private banking customers: mortgage loans, Lombard loans, tailor-made loans, single stock loans
  • Performing detailed risk assessment, drafting the opinion and recommendations, presentation to the Credit Committee
  • Keeping up-to-date on legal and tax matters as well as structuring in the case of complex loans
  • Identifying the risks inherent to debtors and transactions, and expressing your opinion on which approach to adopt to facilitate the task of the decision-making bodies concerned
  • Providing support to the Front Office (assistance with the structuring of loans, credit risk advice, determining the level of collateral)
  • Daily monitoring of assets backed and leveraged loans (identification of overdrafts, calculation of netting and risk positions, producing of reporting)
  • Carrying out valuations of assets used as collateral (financial assets in the form of equities, bonds, investment funds, structured products)
  • Credit risk monitoring and periodic review of credit files
  • Monitoring the development and maintenance of credit risk management tools to enable a coherent, consolidated and exhaustive overview of risk within the BIL group
  • Ensuring strict compliance with credit risk procedures and guidelines
must have requirements

Profile:

  • At least four years of higher education (BAC+4) in economics, finance or management and at least 3-5 years of professional experience in credit risk management, in particular in the Wealth Management sector and/or Asset Finance
  • Fluent French and a perfect command of English. Knowledge of German is considered an advantage
  • Sound knowledge of mortgage loans, Lombard credits and financial instruments as well as of local and neighbouring markets.
  • Proficient user of common office automation tools. Proficiency using the following software will be considered as an asset: Excel (advanced), Visual Basic, Access and Business Objects
  • Familiar with Basel III regulatory requirements
We offer

BIL offers a broad range of challenging projects and a huge choice of career paths - we will assist you in finding the one that best meets your skills and expectations. Your personal development is our priority and we greatly encourage you to dive into different business areas for the broadest possible experience.

BIL is firmly of the opinion that diversity & inclusion contribute towards increasing the collective performance of the bank. We are committed to creating a culture of inclusion that encourages individual development with equal opportunities for all.


NB: The selected candidate will be asked to provide an extract from the criminal record (no.3) as evidence of integrity and justified with regard to the specific needs of the position to be filled.

REQUIREDLANGUAGES

To be considered for this position it is crucial that you have knowledge of the following languages
  • Read C1 Advanced
    Write C1 Advanced
    Speak C1 Advanced
  • Read C1 Advanced
    Write C1 Advanced
    Speak C1 Advanced

OPTIONAL LANGUAGES

The following languages are optional but are considered a plus.
  • Read C1 Advanced
    Write C1 Advanced
    Speak C1 Advanced
minimum required Education
Required work experience in years
3 or more years
Details
Employment type
Contract type
Hours per week
40
Location
Country
City
Luxembourg
Departments
Risk Management

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