Unlimited durationBanque Internationale à Luxembourg is the oldest bank in Luxembourg. Founded in 1856, BIL is a key player in the Retail Banking, Private Banking, Corporate Banking and Treasury and Financial Markets.
These businesses are backed up by strong Support functions and by our Operational departments.For our Dispute Resolution team, we are currently recruiting a Senior Legal Counsel Recovery (M / F) Your missions : As a senior legal counsel within our debt recovery group at the BIL, your main activities will be :
Ensuring a smooth and successful management of the debts and litigations in order to guarantee a time- and cost-efficient recovery process.
Executing legal or extra-legal actions to execute guarantees or obtain new guarantees
Evaluating client default risks and related provisions
Complying with laws, directives, norms, rules and deadlines are respected to prevent possible disputes
Manage the application of legal rules governing garnishments, summonses, bankruptcies in order to protect the bank against disputes, contestations and risk of losses.
Your responsibilities :
Analyze, prepare and manage recovery cases within different jurisdictions. Prepare responses following debtors interactions with the CSSF.
Define the relevant legal approach to be taken regarding recovery cases through amicable procedures (reimbursement programs, transactions, over-
indebtedness etc.) or legal procedures (real estate foreclosures or forced sales, seizures & transfers on wages, guarantees, pledges, bank guarantees etc.
in collaboration with our legal or non-legal intermediaries (lawyers, notaries, bailiffs, recovery companies).
Monitor and manage complex over-indebtedness cases. Receive, analyze, follow up and re-assess risks related to the seizures and summons the bank may be notified, and inform the relevant internal counterparts.
Assist the management in adapting the bank’s procedures to legislative changes, issues arising, new products or different forms of credit
Your profile :
You hold a Master’s Degree in Law and you have proven experience in dealing with recovery or litigation cases
You have an interest in complex legal issues
You are a good communicator with strong interpersonal skills, able to cooperate with and manage external legal counsels
You are known for hitting deadlines and are result-oriented and assertive
Fluency in French and English is mandatory. German, as well as other language skills would be considered as assets