Credit Recovery Manager 100% (f/m/d)

Julius Baer; Zürich; On-site; CHF 120,000 - 170,000; Full time

Job summary

Julius Baer seeks a Credit Risk professional within Impaired Asset Management in Zurich to assess, analyze and monitor transactions for distressed clients. You will support client discussions, develop risk-mitigating strategies, and deputize senior officers as needed.

The ideal candidate has a 3–5 year track record in recovery or workout of credit files, with strong German and English skills, and solid IT proficiency.

Qualifications

• 3–5 years of professional experience in Recovery Management or Workout of Credit Files.
• Knowledge of mortgage and Lombard-related legal aspects.
• Strong analytical thinking with ability to handle high-pressure situations.
• Proficient IT skills including Word, Excel and PowerPoint.
• Excellent written and spoken German and English.

Responsibilities

• Risk management of impaired loans aiming to minimize losses.
• Conduct credit and collateral analysis, develop mitigation strategies.
• Participate in client meetings and discussions related to impaired loans.
• Support in reporting, project work and process improvements.
• Coordinate with stakeholders to ensure efficient file handling and decisions.

Skills

Analytical skills

Team player

German language

English language

IT skills

Education

Bachelor's degree in economics, banking, finance, or law

Job description

At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Let’s shape the future of wealth management together.

Team member Impaired Asset Management, responsible for specific Credit Risk aspects of a portfolio of domestic and international private banking clients in financial distress. Assess, analyse and monitor transactions for selected mortgage and/or Lombard clients. Support in client discussions and negotiations.

YOUR CHALLENGE

• Risk Management of selected Impaired Loans with aim of loss minimizing
• Conduct credit and collateral analysis; develop risk mitigating strategies, perform collateral valuations and provisioning calculations
• Participate in client meetings related to Impaired Asset Management loans, represent and safeguard the bank’s interest
• Deputize senior credit recovery officers
• Collaborate with internal stakeholders to ensure alignment and efficient file handling
• Support ad-hoc and recurring reporting and project related activities and duties
• Contribution in credit related projects and process improvements

YOUR PROFILE

• Bachelor’s degree or completed studies at a university of applied sciences (economics, banking, finance, law), or equivalent education or professional experience
• 3-5 years of professional experience in Recovery Management, Workout of Credit Files, Mortgage and/or Lombard sector
• Profound knowledge on legal aspect regarding Mortgage and/or Lombard business and borrowing structures
• Effective and efficient working style also under high pressure incl. strong analytical skills
• Great team-player with ability to work across teams and stakeholders
• Good IT skills (Word, Excel, PowerPoint)
• Excellent German and English language skills (written and spoken), additional languages are an advantage