Client:
A Swiss headquartered bank with a well-established and leading, global presence. The bank manages assets for HNW and UHNW private clients from all over the world, with an open architecture and dynamic, pioneering approach. Entrepreneurial of mind set, this bank would appeal to a dynamic person who is used to working within an international, fast-paced environment with like-minded freedom and lots of autonomy. The bank's services comprise the full array of banking services to include securities brokerage, investment funds, investment counselling, asset management and estate planning. The credit underwriting lombard team offers a stimulating working environment and the chance to be part of a collegial, close-knit team.
Position:
Do you have confirmed credit lombard and underwriting experience at a senior level? Are you looking for a new challenge and keen to move to Switzerland if not already based in the country? This could be just the job you've been waiting for as part of a busy, medium-sized team. A hybrid role with 2 days from home per week and a meritocratic working environment, with a certain amount of freedom and entrepreneurship too. Would suit someone used to rolling up sleeves and going the extra mile as well as of a dynamic mindset, comfortable being part of the 2nd line of defense but also a lot of contact with front office + clients. A super line manager to work closely with too who lets you be autonomous and who is very flexible.
Working closely with the Head of the Credit Structuring of the Lombard team, within a team of around 8 people. Within this Swiss credit risk function, you and the team are responsible for the credit risk structuring, implementation and review and management of all credit loans (global) that are booked in Switzerland. To include in particular private client books from Europe, Latin America, Switzerland, Middle East, but not limited to.
Main responsibilities:
- Provide support to the Swiss Head of Lombard Credit Risk (based in Geneva) and to Group Credit Head (based in Zurich)
- Structuring and assessment of Lombard credit standard and non-standard structured transactions including collateral risk analysis, borrower risk, legal and compliance risk etc
- Support senior bankers and Swiss business heads as well as the bank's international business units for any credit related matter to include credit structuring
- Ensuring good quality of submissions to the Group Head of Credits and Executive Credit Committee
- Managing credit reviews to ensure they are completed in a timely manner and in good quality
- Structuring and assessment of Life Insurance Policy financing (ULIP and Wrapper) including legal documentation review
- Be part of internal Swiss and International projects for the development and improvement of the credit risk function
Profile:
- University degree in Finance, Economics, science or similar
- Minimum of around 10 years'+ experience in structured Lombard credit, credit risk or structuring
- Proven track record as regards national and international financial markets and complex lombard (to include single stock lending etc)
- Some knowledge in life Insurance policy financing (risk assessment and documentation) a strong plus
- Ability to work independently and under pressure in a dynamic environment
- Entrepreneurial spirit and team player
- Solution-oriented and pragmatic
- Ability to review and analysing corporate documents and financial statements
- Knowledge in Murahaba financing a nice to have
- Experience with trusts and foundation as as counterparties a plus
- Excellent communication skills and comfortable to be in regular contact with clients and bankers in the front office
- Eligible for Switzerland work visa, if not already based locally
Our Client offers flexible work conditions in this hybrid role with up to 80 days home office per year. Possibility to be based out of their Geneva or Zurich office for this position.
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