Credit Risk Officer (m/f/d)

Commerzbank Digital Technology Centre Poland; Amsterdam; On-site; EUR 60,000 - 90,000; Full time

Job summary

Commerzbank Digital Technology Centre Poland in Amsterdam seeks an experienced Credit Risk Analyst to perform independent risk analyses and support front office in structuring transactions with risk considerations. You will maintain sector and regional knowledge, monitor portfolios for rating accuracy, and ensure timely credit reviews and documentation in line with internal guidelines.

Minimum five years of Dutch market credit experience, fluency in English and Dutch, and willingness to travel

Qualifications

• Minimum 5 years credit experience in the Dutch market.
• Fluent in English and Dutch (oral and written).

Responsibilities

• Perform independent, competent credit risk analyses and assessments.
• Support front office in structuring transactions with risk considerations.
• Approve or decline credit applications according to delegated authorities.
• Maintain sector/regional knowledge and monitor portfolio risk.
• Ensure input of credit information into IT systems and reports.
• Visit clients as needed and coordinate with front office.

Skills

Credit risk analysis

Risk monitoring

Front office support

Dutch market knowledge

English language

Job description

In line with Commerzbank’s high standards regarding client-oriented services and subject to general principles, business and credit related directives, as well as the guidelines for managing credit risks:

Main Duties

• Ensure independent and competent credit risk analyses and assessments (forward looking analysis, industry expertise and peer comparison); support the front office in structuring transactions in a risk-adequate manner and engage in ongoing risk monitoring.
• Where possible produce a one-step credit processing for the borrowing entity incl. the relevant BeNeLux, German and other borrowers (i.e. acts as group CO).
• Decide on ratings and possible risk mitigants (i.e. collateral).
• Take credit decisions within held Delegated Authority and recommend proposals to higher approval authorities ensuring presentations are of the required high standard.
• Develop and actively maintain sector/regional knowledge for the specific sectors/regions covered within the team.
• Monitor the portfolio regarding rating actuality and distinctive risk features as well as report on risk relevant findings.
• Be responsible together with the relationship manager for getting the necessary client information and research, potentially with direct client contact to take into account the overall risk profile (amount/tenor/rating) to match the depth of analysis required.
• Consider and comment on the risk/return profile of the exposure managed/approved.

Specific Main Duties

• Ensure best practice credit risk analyses, assessments and decisions.
• Approve credit applications according to delegated authorities based on the independent internal rating and the given collateral if appropriate.
• Decline transactions if necessary, to define conditions for approval or to propose alternative structures.
• Assist front office and legal in negotiation of loan and trading documentation to ensure that signed documents meet credit criteria.
• Ensure that the re-rating and credit reviews in your responsibility are done in a timely manner and in compliance with applicable guidelines including override of ratings as appropriate.
• Supply necessary information from his/her own sphere of activity for the preparation of Industry Batches.
• Take care of up-to-date ongoing risk monitoring (e.g. collecting information, Watch-List, early-warning signals, compliance with covenants) to identify and detect at earliest opportunity credit deterioration and suggest/propose specific risk mitigation.
• Escalate and inform the Local Credit Officer of process disruptions, problematic cases, relevant decisions in individual cases that may be escalated.
• Determine/recommend if counterparties have to be transferred to GRM CC-RC (“intensive care”) and prepare the respective action.
• Ensure input of credit related information into the relevant IT systems in a timely and orderly manner.
• Visit clients in case of need (coordinated with the respective front office).
• Support and consult the front office in credit risk related issues.
• Ensure the fulfilment of tasks in an economic, efficient, quality- and deadline-conscious manner.
• Promote transfer of know-how and “buy in” to a team spirit / co-operation ethos.
• Assist Local Credit Officer with input into various reports and ad hoc requirements relating to portfolio analysis (i.e. Portfolio Reviews, factbooks etc).

Hierarchy

Directly reporting to: Local Credit Officer (F3).

Experience

Minimum 5 years credit experience in the Dutch market.

Language Skills

Fluent in English and Dutch (orally and written).