Description
Credit Officer/Analyst - Credit Risk - Luxembourg
My international financial client based in Luxembourg seeks a Credit Risk Analyst to ensure that business activities are conducted within a prudent credit risk framework that is consistent with the bank's credit appetite and in compliance with regulatory and supervisory requirements.
Field of Activity
In your position as Credit Analyst you will be mainly responsible for assessing the general creditworthiness of counterparts and collateral issuers (financial institutions, corporates, sovereigns) operating n a variety of mature and growth countries. As part of the Credit team, you will provide credit recommendations to management and respond promptly to demands for credit information and advice from the business areas. Furthermore, you will monitor customers' exposures targeting maximum settlement efficiency while ensuring that the level of credit risk accepted by my client is in accordance with the bank's credit policies, underwriting standards and regulatory requirements.
Tasks/Responsibilities
- Conduct credit research and market intelligence in order to acquire sufficient knowledge of the counterparts under your responsibility
- Assess customer's credit needs based on historical data and available collateral
- Prepare annual counterparts credit reviews as well as ad-hoc credit assessment.
- Recommend acceptance of new clients and credit limits
- Input and maintenance of credit data in the systems of records
- Evaluate the criteria taken into account for collateral eligibility and search for improvements in the criteria used and the quality of data
- Work on the maintenance, design, testing and implementation of new and existing credit tools
- Contribute to the review, update and development of credit policies, procedures and guidelines
- Review and assess the impact on the credit business of new regulations and guidelines issued by relevant authorities in Luxembourg, Frankfurt and Singapore
- Participate in credit projects and ad-hoc requests
Qualifications/required skills
- University degree in Business, Accountancy or Banking & Finance
- At least 3 years of relevant experience
- Strong analytical skills supported by prior experience in credit analysis of banks and other financial institutions
- Credibility and drive to present senior management with robust and accurate credit recommendations.
- Sound knowledge of different financial instruments
- Ability to work independently and as a part of a team in an international environment; ability to work under pressure and handle multiple tasks
- Good knowledge of MS Office applications,
- Excellent command of English, Knowledge of German is an advantage
- Highly motivated and willing to assume additional assignments, including working in late shifts
- Excellent communication skills and the ability to operate across a number of functions and business areas
- Additionally, you need to be a team player with strong communication and soft skills, highly motivated, and with excellent command of MS Office applications
Additional Information
- Location: Luxemburg
- Assignment: Full-time
- Starting Date: ASAP
- Initial contract duration: until end 2018 with potential extension
- Rate: