Since May 2009, BGL BNP Paribas is part of the BNP Paribas Group, European leader in terms of banking and financial services.
With BGL BNP Paribas , the Group BNP Paribas is the first employer in the financial sector and one of the biggest employers in the Grand Duchy of Luxembourg.
BGL BNP Paribas holds a leading position in its national market and extends its radius of action to the Greater Region, including the border areas of Luxembourg.
As part of its development, we are looking for a :
German-Speaking Credit Specialist (M / F)
Your mission :
Credit specialists are key stakeholders of BEL Banque des Entreprises au Luxembourg , on whom the Bank can rely for their expertise and objectivity in corporate and SME financing, (re)structuring and analysis combining a risk awareness with a commercial approach.
Your main mission is to limit the bank’s open risk by contributing to the early detection of any early warning signals and by implementing appropriate action plans with the clients in order to proactively manage and preserve the value of any stressed assets and exposures.
This is achieved by an optimization of the credit relationship with the customer and, if necessary, via credit restructuring.
The future candidate will manage a portfolio of loan clients as part of the special loan support. This function covers tasks with a high degree of responsibility / a certain risk and deals with complex cases presenting a critical risk profile.
The credit specialists are also involved in structuring credit transaction with the RMs (Relationship Manager) and the clients and providing a critical contribution to inform credit decisions in credit committees.
Main tasks :
Work closely with RMs, Legal Affairs and Risk in order to define and implement the appropriate strategy
Establishing, coordinating and implementing restructuring strategies with the view to optimize recoveries
Respond to unforeseen events and react accordingly
Estimate the financial and reputational risks associated with the files processed
Keep the required data in the bank systems up to date
Estimate / set the degree of urgency of processing a specific case and set a priority in processing
Representing the bank in client and bank group meetings
Decide on warranty renewals
Estimate the value of guarantees and analyze the valuation of the company
Participate in diverse project achievements
Structuring term sheets (Facility, borrower, guarantor, lender, amount, maturity, pricing, financial covenants, security ) with the RMs, the client and the Legal
Delivering a complete, synthetic and coherent up-to-date memo on the transaction, based on facts, compliant with bank’s guidelines with the RMs and other parties involved.
Advantages of the position :
Gaining solid skills in credit structuring & restructuring and learning about different methods of financing companies
Cash flow Liquidity analysis and legal knowledge to master the contractual aspect as well as the generalconditions of different types of loans and collateral clients
Experience in negotiations with clients or other stakeholders
Working on a mix of plain vanilla and complex credit files for European and international clients operating in various industries and from various size : start-up to large corporates
Working environment :
You will join a dynamic department of 150 employees allowing you to interact with different types of customers in the business sector.
Your profile : Education :
Bachelor’s / Master’s degree in Finance / Economics or confirmed experience in the banking sector
Professional Experience :
You’ve had a similar professional experience of minimum 3-5 years
Behavioural Skills :
Attention to detail / rigor
Transversal Skills : Analytical Ability
Effective writing skills
Technical Skills :
Good knowledge of Suite Office
Language Skills :
You are fluent in German, French and English. Any other language will be an advantage
During the finalization of the recruitment process, the preselected candidate will be asked to provide us an extract from his / her criminal record dated less than 3 months (record N 3 for Luxembourg), according to the dispositions of the law from July 23 2016 concerning the criminal record.