Location: Senningerberg, Luxembourg, Luxembourg

Utilize your expertise to manage and resolve complex credit situations, helping us support clients and safeguard our lending practice. 

As a Special Credits Risk Vice President, you will play a significant role in managing risk and supporting the Private Bank lending practice.  You will use a combination of personal and wholesale credit risk skills to manage problem credits across various markets. 

Job responsibilities

• Manage and Advise on stressed and distressed credits in the role of primary credit officer.
• Navigate complex problem credit restructurings, bankruptcies, and enforcement proceedings.
• Work directly with clients to restructure problem credit exposures.
• Collaborate closely with internal and external legal counsel to maximize recovery on distressed assets and mitigate potential liability.
• Utilize advanced credit skills to assess risk situations, develop exit strategies and author Credit Surveillance reports.
• Develop and submit specific loan loss reserve recommendations for large nonperforming credit exposures.
• Develop a thorough understanding of the firms risk management and control policies and guidelines to ensure compliance and support effective decision-making.
• Oversee and facilitate ad hoc risk-related projects and workflows.
• On an as needed basis, interact directly with the regulatory authorities by leading Regulatory Workshops and respond to relevant regulatory questions and project requests.

 

Required qualifications, capabilities and skills

• Bachelors degree required.
• Relevant experience a similar credit risk role with a track record of exceeding performance expectations.
• Highly organized, motivated and hard working with exceptional communication skills, both written and verbal.
• Strong analytical and problem solving skills.
• Significant accounting and finance knowledge.
• Expertise in loan structuring and problem credit workout, complex finance structures, negotiating, credit analysis and portfolio management, with experience synthesizing information, developing recommendations, making decisions and problem-solving.
• Understanding of creditor rights and enforcement strategies. 
• Experience working with lawyers on enforcement and bankruptcy litigation.
• Knowledge of lien perfection and priority.

 

Required qualifications, capabilities and skills

• Masters degree preferred.

Join our Special Credits Risk Team and manage problem credits across various markets.