Senior Credit Risk Manager

de Volksbank; Utrecht; Hybrid; EUR 82,000 - 110,000; Full time

Benefits offered by this job

Pension scheme

Personal development budget

Home office budget

36-hour work week

Public transport card

Cycle compensation

Job summary

ASN Bank in Utrecht is seeking a Senior Credit Risk Manager to lead identification, analysis and monitoring of credit, counterparty and country risks within the Financial Markets & Treasury team. You will work closely with front office to ensure risk controls align with the bank's objectives.

You bring at least 10 years of risk management experience, strong knowledge of credit risk models and regulatory requirements, and excellent analytical and communication skills to advise senior stakeholders.

Qualifications

• University degree in Economics, Econometrics, Finance or comparable field.
• At least 10 years of experience in risk management with focus on market and credit risk.
• Knowledge of credit risk models, counterparty risk and exposure management.
• Knowledge of relevant laws and regulations.
• Strong communication and analytical skills.

Responsibilities

• Identify, analyze and monitor counterparty, credit and country risk.
• Work with front office in a first-line function.
• Analyze and monitor counterparty risks on securities financing and derivatives transactions.
• Set up and monitor country risk for the Financial Markets & Treasury department.
• Set up and execute stress tests and scenario analyses.
• Assess creditworthiness of investments and counterparties (securities, banks, financial institutions, derivative contracts).
• Analyze and monitor the credit risk of money markets and fixed income positions.
• Develop risk frameworks for credit and limit management.
• Identify market developments and translate them into policy recommendations.
• Improve risk reporting, risk models and internal control measures.
• Report to and consult with senior stakeholders.

Skills

Risk management

Credit risk

Market risk

Counterparty risk

Exposure management

Education

University degree in Economics, Econometrics, Finance or related field

Job description

As a Senior Credit Risk Manager at ASN Bank in Utrecht, you play a crucial role in monitoring and managing risks within the Financial Markets & Treasury department. You are driven to contribute to responsible treasury and investment activities with your in-depth knowledge and analytical skills, carefully balancing return and risk.

• Location: Croeselaan 1, Utrecht
• Hybrid

What will you do?

As a Senior Credit Risk Manager, you are responsible for identifying, analyzing and monitoring risks in the areas of credit risk, counterparty risk and country risk. In this first-line function within the Financial Markets & Treasury department, you work closely with the front office.

Your responsibilities:

• Analyzing and monitoring counterparty risks on the bank's securities financing and derivatives transactions.
• Setting up, analyzing and monitoring country risk for the Financial Markets & Treasury department.
• Setting up and executing stress tests and scenario analyses to respond to changing market conditions.
• Assessing creditworthiness of investments and counterparties (securities, banks, financial institutions, derivative contracts).
• Analyzing and monitoring the credit risk of the bank's money market and fixed income positions.
• Developing risk frameworks for credit and limit management.
• Identifying market developments and translating them into policy recommendations.
• Improving risk reporting, risk models and internal control measures.
• Reporting to and consulting with senior stakeholders.

This is where you will work

Financial Markets & Treasury is responsible for the bank's cash management and funding activities and the management of the liquidity portfolio. The team consists of financial and risk experts, where mutual atmosphere and collegiality are important. The Senior Credit Risk Manager ensures that treasury and investment activities remain within responsible risk frameworks and contributes to active portfolio management with consideration of both return and risk. You do this in an environment that is constantly evolving due to market developments and changing laws and regulations.

Your qualities

• University degree in Economics, Econometrics, Finance or a comparable field.
• At least 10 years of relevant experience in risk management with focus on market and credit risk.
• Knowledge of credit risk models, counterparty risk and exposure management.
• Current knowledge of relevant laws and regulations.
• Strong communication and analytical skills.

This is what you get from us

This position is in scale 12 with a salary range between € 6.827,21 and € 9.102,94 gross annual fixed income (13th month and 8% holiday allowance included) and based on 36 hours workweek. In addition, you can count on:

• A flexible 36-hour work week
• 208.8 hours of leave based on full-time employment regardless of your age
• An excellent collective pension scheme
• €750 per year for personal development (can be saved up to €3,000)
• Every 5 years a budget of 900 euros to furnish your home office
• NS Business Card for public transport and and a compensation per km if you cycle to work

About us

ASN Bank is an accessible and forward-looking bank with an eye for people, society, and the future. We sustainably contribute to financial solutions for our customers while addressing Dutch societal issues. We pay particular attention to sustainability, financial wellbeing, and good housing. As a bank, we combine the convenience of secure mobile banking with the power of personal advice. Thanks to our nationwide network of branches, we are also physically close by when it matters.