Manager Credit mfd - Backoffice Department
Manager Credit mfd - Backoffice Department
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Job Description
Our client is a leading international financial institution with a global presence and a reputation for excellence in banking services. They offer a wide range of financial products and services to corporate institutional and individual clients.
Therefore we are seeking an experienced Head of Credit.
The Head of Credit Back Office Department will be in a an expert function (no leading function) responsible for credit administration risk assessment and compliance with regulatory standards in the lending process. This role requires an indepth understanding of credit processes financial analysis collateral assessment and regulatory compliance.
Tasks
Credit Analysis and Documentation
- Conduct indepth credit analysis following regulatory standards including Minimum Requirements for Risk Management (MaRisk). Gather and review critical borrower information such as annual and interim financial statements estimated financials consolidated statements and ratings from agencies.
- Assess borrowers financial condition focusing on both solvency and liquidity ratios and determine capital adequacy levels to identify potential risks in alignment with bank policies.
Financial Statement and Ratio Analysis
- Perform detailed financial statement analysis evaluating balance sheets income statements and cash flow statements. Conduct ratio analysis to assess performance liquidity and capital adequacy ensuring accurate and consistent interpretation of the borrowers financial health.
Risk and Credit Assessment
- Evaluate credit risks through a standardized assessment and internal rating system categorizing loans based on potential default risks and recommending actions accordingly. Collaborate with risk management on exposure monitoring ensuring compliance with internal and external regulatory requirements.
Collateral Evaluation and Processing
- Oversee collateral assessment ensuring the legal existence and valuation of provided assets. Conduct periodic reviews to verify the sufficiency and enforceability of collateral including the value reassessment for highrisk or problem loans.
Credit Execution and Administrative Oversight
- Manage the execution of credit agreements including accurate documentation and secure file maintenance. Ensure timely updates and completeness of records and enforce adherence to internal controls and loan administration policies.
Preparation of Loan Agreements
- Draft and review loan agreements that account for loan purpose repayment schedules and collateral requirements. Include covenants and conditions specific to the loan profile ensuring that all terms are clear and enforceable.
Management Board Resolution Preparation
- Prepare detailed board resolutions for loan approvals or amendments summarizing credit assessments and proposed conditions. Present these resolutions to senior management providing a comprehensive risk and creditworthiness overview.
Borrower Monitoring and Compliance Oversight
- Monitor credit line usage and borrower compliance with established limits focusing on regulatory restrictions such as the Single Large Loan Ceiling under applicable banking regulations.
- Problem Loan and Intensive Care Management
- Manage loans under intensive care implementing strategies for recovery or restructuring. Engage with borrowers to develop actionable plans for loan resolution ensuring alignment with bank policies and minimizing potential losses.
Requirements
Education and Experience
- Bankingrelated qualifications with substantial experience in credit/financing ideally within the banking or financial services industry.
- Demonstrated ability in credit analysis financial statement assessment and loan management.
Skills
- Strong analytical skills and proficiency in interpreting financial data and risk indicators.
- Advanced knowledge of German banking regulations and credit assessment frameworks.
- Excellent written and verbal communication in English; German language skills are a plus.
- Proficient in standard office software and credit assessment tools.
Regulatory and Compliance Knowledge
Relevant Regulatory Frameworks
Comprehensive knowledge of the German Banking Act (KWG) Capital Requirements Directive (CRD) and related supervisory regulations.
Familiarity with internal policies on credit risk management and compliance including adherence to data protection standards.
Reporting Requirements
- Responsible for preparing periodic reports including quarterly credit reports and annual financial lending summaries ensuring compliance with all regulatory and internal deadlines.
Contact Points
Internal and External
- Work closely with risk management legal advisors auditors and external credit review bodies. Maintain clear and consistent communication with all relevant departments to ensure unified compliance with policies and procedures.
Benefits
- Learning opportunities / training and study support
- International environment
- Responsible role with career perspective
- Pension with BVV
- Lunch allowance
Our client is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Employment Type
Full Time
