Credit Risk Analyst (F&R Factory Data Monitoring and Analyses) (M/F)

Founded in 1856, Banque Internationale à Luxembourg is the oldest multi-business bank in the Grand Duchy. From its foundation, the BIL has always played an active role in the development of the Luxembourg economy. It currently operates in retail, private and corporate banking, as well as on major capital markets. Employing more than 2 000 people, BIL is present in the financial hotspots that are Luxembourg, Switzerland, and China.
As a major player in Luxembourg's finance industry and as a signatory of the UN Principles of Responsible Banking, BIL is committed to handing over a responsible and sustainable bank to future generations.

In line with BCBS 239 and to anticipate the new core banking system, during in the first semester of 2021, the Bank implemented a new common Finance and Risk database RFO Master, that will be used as a golden source to calculate credit risk indicators, to feed the information to ALM and liquidity teams and to produce several regulatory reportings.
In March 2021, the Bank created a new department, F&R Factory under Finance to manage this transition and to ensure the quality of the results at each level of the factory from the data to the reporting, composed of three units.

Your next challenge:

• Quality controls of the data introduced in RFO Master and used in different satellites;
  
• Adjustments within RFO Master according to a specific process and in coordination with the major stakeholders;
  
• Reconciliations during the fast-close production with the accounting department;
  
• Computation of Credit Risk Weighted Assets (RWA) based on Basel III framework, used for the calculation of the capital adequacy ratio (pillar I);
  
• Production of the Expected Credit Losses (ECL) according to IRFS9 standards;
  
• Internal reporting regarding data quality and RWA/ECL evolution;
  
• RWA and ECL simulations;
  
• Acting as expert regarding RWA and ECL subjects for the Bank in coordination with the Risk Management department.
  
• Ensure ECL/RWA computation process (called Fast-Close process) meet the various deadlines;
  
• Gather and plan effectively the numerous tasks among the team and exchange this calendar with stakeholders;
  
• Anticipate before end of quarter the points to be addressed/solved/improved; close collaboration with data owners/IT teams/stakeholders;
  
• During the Fast-Close, monitor data quality, address each issue discovered at each step to the adequate contact and implement action plan to solve the issue via a correction in the "roadbook" to ensure the RWA and ECL correctness;
  
• Perform analysis and explanations on quarterly RWA and ECL variations;
  
• Act as expert on ECL and RWA calculation in the Bank;
  
• Continuous improvement of IT controls' framework;
  
• Understand the transformation flows of the data (run/push/push backs;
  
• Actively participate in testing programs;
  
• Provide RWA and ECL simulations for all business lines (Luxembourg Market & CIB, Wealth Management and Financial Markets);
  
• Perform ad-hoc analyses.

Your skills:

• At least five years of higher education/master (BAC+4/5/) in Finance/Business Administration;
  
• A banking/audit experience of at least 3 years in Risk Management, Finance or Audit;
  
• Knowledge CRR2 and/or IFRS 9;
  
• Appetite for coding and for tinkering with data in a software is a prerequisite;
  
• Knowledge of Moody's Risk Authority tool (RAY), DataIku, Python, SQL;
  
• Strong communication and interpersonal skills;
  
• Team spirit; this position is in constant interaction with other colleagues;
  
• Curiosity, willingness to learn and share the knowledge;
  
• Problem-solving skills;
  
• Positive and constructive attitude;
  
• Time management: prioritization, effective planning;
  
• Take ownership and willingness to become expert of the data used in ECL/RWA calculation;
  
• Client-oriented mindset;
  
• Any Risk Management Certification will be considered as an advantage;
  
• Fluent in French and English.
  

BIL offers a broad range of challenging projects and a huge choice of career paths .We will assist you in finding the one that best meets your skills and expectations. Your personal development is our priority and we greatly encourage you to dive into different business areas for the broadest possible experience.
BIL is firmly of the opinion that diversity & inclusion contribute towards increasing the collective performance of the Bank. We are committed to creating a culture of inclusion that encourages individual development with equal opportunities for all.

NB: The selected candidate will be asked to provide an extract from the criminal record (no.3) as evidence of integrity and justified with regard to the specific needs of the position to be filled. Other documents will be collected, to the extent legally permitted, to perform background checks.