Credit Monitor (f/m) Luxembourg F985

LU  ‐ Onsite
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Description

On behalf of one of our clients, an international financial institution, located in Luxembourg, we are searching for external support with skills and abilities as stated below:

Group Credit's objective is 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.

In your position as Credit Monitor you will monitor customers' credit exposures targeting maximum settlement efficiency while ensuring that the level of credit risk accepted is in accordance with the bank's credit policies, underwriting standards and regulatory requirements.
You will also provide support and recommendations to management.
Task

  • Monitor credit exposures, force purchases of securities and authorise the release of customers' payments while ensuring strict adherence to credit policies and procedures
  • Daily review of failed/blocked instructions ensuring timely adherence to currency deadlines
  • Monitor and report large exposures
  • Provide reporting and statistics on the collateral held
  • Assess credit risks on the debt/bond market
  • Evaluate the criteria taken into account for collateral eligibility and search for improvements in the criteria used and the quality of data
  • Provide support on credit and collateral issues, to various departments such as Sales, Risk Management, etc.
  • 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
  • Work on the maintenance, design, testing and implementation of new and existing credit tools (project work)

Requirements & Skills

  • University degree in Finance or IT
  • Good understanding of financial markets and instruments - knowledge of the process of clearing and settlement is and advantage
  • Strong analytical background supported by prior experience in the credit and collateral area
  • Good understanding of credit agencies rating policy
  • Experience in leading and working in projects, as well as testing IT enhancements is an advantage
  • Ability to work independently as well as in a team in an international environment, with the possibility to work in shifts
  • Ability to work under pressure with good organisation and prioritization skills.
  • Credibility and drive to present senior management with robust and accurate credit recommendations.
  • Good knowledge of MS Office applications, with strong focus on MS Access
  • Good command of the Bloomberg Terminal
  • Excellent command of English, German is an asset
  • Excellent communication skills and the ability to operate across a number of functions and business areas.

Additional Information

  • Location: Luxembourg
  • Basis: full-time
  • Start date: ASAP
  • 12 months

Please let us know if the project is of interest to you and when you are available.

We look forward to your feedback.

Kind regards,

FOX DEPARMENT

VTS Consulting GmbH

Start date
ASAP
Duration
12 months
From
Fox Department
Published at
06.01.2017
Project ID:
1264142
Contract type
Freelance
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