Founded in 1856, Banque Internationale à Luxembourg (BIL) is the oldest multi-business bank in the Grand Duchy. It has always played an active role in the main stages of development of the Luxembourg economy. It currently operates in retail, private and corporate banking, as well as on financial markets. Employing more than 2,000 people, BIL is present in the financial centres of Luxembourg, Switzerland, Denmark, and China.
- Analyzing loan applications for private banking customers: mortgage loans, Lombard loans, investment loans, single stock loans, standard and structured loans
- Performing detailed risk assessment, drafting of 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 of BIL private banking subsidiaries
- 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
- At least four years of higher education (BAC+4) in economics, finance or management and at least 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