Senior Credit Officer

Our Company

EFG International is a global private banking group, offering private banking and asset management services. We serve clients in over 40 locations worldwide. EFG International offers a stimulating and dynamic work environment and strives to be an employer of choice. 

EFG is committed to providing an equitable and inclusive working environment that is founded on the principle of mutual respect. Joining our team means experiencing a supportive environment, where your contributions are valued and recognised. We strongly believe that the diversity of our teams gives us a competitive advantage by fostering better decision-making and greater innovation.

Our Purpose and Mission

Empowering entrepreneurial minds to create value – today and for the future.

We are a private bank, offering personalised solutions on a global scale to private and institutional clients. Our sustainable success is based on our talents and on how we partner with our clients and communities to create lasting value.

Job Description

• Credit Underwriting – evaluate, analyze and structure credit requests (primarily Lombard facilities incl. FX/derivative business, EU mortgage loans (RRE) under MCD and other loans/credit cards) within delegated competencies booked in Luxembourg.
• Prepare credit documentation e.g. credit contracts & pledge agreements etc.
• Perform balance sheet analysis for corporate borrowers.
• Conduct daily shortfall monitoring and take appropriate follow-up actions.
• Perform recurring credit reviews/monitoring of existing credit relationships.
• Ensure credit processes and workflows are in line with applicable regulations, laws and internal risk policies.
• Ensure the proper administration and maintenance of the credit portfolio and files.
• Drive and execute credit-project related work. 
• Develop, implement, monitor and amend local credit policies and procedures in line with regulatory requirements and risk appetite.
• Liaise with the head office on relevant credit-related issues in order to comply with the group's credit policies.
• Develop, implement and deliver credit risk related training to both the Risk as well as the Front Teams
• Constantly review and update legal loan and collateral agreements in cooperation with internal/external legal advisors.
• Track and be accountable for change management and remediation of all credit-related internal and external Audit and regulatory findings.

Skills and experience

• Bachelor's degree (minimum) in Finance, Business Administration, Risk Management, or a related field.
• Experience: minimum of 5+ years in credit management or related areas within the Private Banking or financial services industry.
• Policy Development: Proven experience in developing and implementing credit policies and procedures, including a strong understanding of regulatory requirements.
• Comprehensive knowledge of credit risk management principles, Luxembourg and European regulatory frameworks, and industry best practices.
• Excellent written and verbal communication skills in both English and French, with the ability to convey complex information clearly and effectively.
• Strong analytical and credit assessment skills, with a high level of attention to detail.
• Experience with Temenos T24 core banking system a plus.

Our Values

• Accountability: Taking ownership for tasks and challenges, as well as seeking continuous improvement.
• Hands-on: Being proactive to rapidly deliver high-quality results.
• Passionate: Being committed and striving for excellence.
• Solution-driven: Focusing on client outcomes and treating clients fairly with a risk-aware mindset.
• Partnership-oriented: Promoting collaboration and teamwork. Working together with an entrepreneurial spirit.