Senior Credit Risk Restructuring Analyst (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.

Lesen Sie den Überblick über dieses Stellenangebot, um zu verstehen, welche Fähigkeiten, einschließlich relevanter Soft Skills und Softwarepaket-Kenntnisse, erforderlich sind.
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.
Your next challenge

:
The Intensive and Specific Management (GIP) unit, dedicated within Credit Risk Management to handling potentially problematic loans and counterparties, helps to reduce credit risk through a proactive approach while attempting to minimize potential losses for the Bank in the event of default. The team is looking for a Credit risk restructuring analyst who will be working on different segments: Corporate, Real Estate, Wealth Management and Retail.
As the centralizing element of Credit Risk Management, the GIP team is responsible for:

Taking primary responsibility for managing potentially problematic loans and defaulted exposure which includes effective coordination with different internal stakeholders : Relationship Management, Legal Department, Back Offices, Credit Risk Management department and, where appropriate, Compliance

Presenting to Credit Committee a concise view/overview of problem loan situations, including file strategy, assessment of options and recommendation.

In collaboration with the Relationship manager, negotiate and implement long-term restructuring solutions, take a lead in negotiations with clients and potential other lenders. Implementation and monitoring of the action plan approved by Default Committee including in specific cases documentation execution.

Preventive detection of (potentially) problematic loans through assessment of early warning indicators

Daily Monitoring excesses and overdrafts including collateral deficit management. Carrying out provision assessments on non-performing loan cases.

Preparing supervision lists (Special Mention, Watchlist, NPL, Forbearance)

Effective data management in connection with cases in restructuring before default

Participation in the development of monitoring guidelines or forbearance and non-performing procedures and policies, support and control systems, and working tools.

Your skills:
At least four years of higher education/master (BAC+4/5) in economics, management or finance and at least 5 years of professional experience in the credit sector

Very good credit risk skills including financial analysis (tailored to type of business)

Strong communication and presentation skills as well as negotiating capacity

Familiar with regulatory requirements (CRR, Basel III, IFRS 9, EBA ITS, Non performing loans, Forbearance etc.) Good knowledge of pre insolvency proceedings in relevant jurisdiction(s)

Proficient user of common office automation tools. Proficiency using the following software will be considered an asset: Excel (advanced), Visual Basic, Access and Business Objects, SAS

Fluent French and a perfect command of English. Knowledge of German or Luxemburgish is considered as an asset.

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. xmdgtar Other documents will be collected, to the extent legally permitted, to perform background checks.