Senior Internal Auditor - Credit (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.

Your next challenge:

• Lead and execute audit engagements focused on credit risk, credit underwriting, loan origination, collateral management, and credit monitoring.
  
• Assess the Bank's compliance with EBA Guidelines on Loans Origination and Monitoring and other relevant regulatory expectations (CSSF, ECB, SSM).
  
• Evaluate the design and operating effectiveness of controls across the credit lifecycle, including risk assessment, approval processes, pricing, monitoring, and remediation
  
• Evaluate credit file reviews performed, including borrower analysis, repayment capacity, collateral valuation, and risk grading.
  
• Evaluate the Bank's alignment with BCBS 239 principles, including data governance, data quality, aggregation capabilities, and the reliability of credit risk reporting.
  
• Identify control weaknesses, root causes, and emerging risks, and formulate clear, actionable recommendations. Perform reviews on financial control and business analysis processes
  
• Perform the audit assignments in accordance with the audit methodology and the audit plan
  
• Deliver the conclusions of the assignments in audit reports and issue recommendations to improve the existing processes when relevant
  
• Contribute to the follow-up of recommendations
  
• Build expertise in the areas audited, particularly through the assessment of applicable regulations, and the follow-up of risks, controls and procedures in place

Your skills:

• You hold a Master's degree in Finance or Accounting
  
• You are fluent in English & French
• You benefit from experience as Internal Auditor in a financial institution or as external auditor in an international audit firm
  
• You have experience in conducting credit file reviews and assessing borrower risk profiles
  
• You have knowledge of credit risk management frameworks
  
• You have knowledge of financial and risk reporting standards
  
• You have knowledge of European regulatory frameworks, including EBA guidelines and ECB requirements
  
• You have understanding of Credit Products, Policies & Procedures
  
• You have good understanding of credit processes, laws and regulations
  
• Your adaptability, your team spirit and your interpersonal skills are obvious
  
• You have multi-tasking capabilities
  
• You have excellent analytical and writing skills
  
• You are a problem solver with a pragmatic mindset
  
• You have good time management skills
  
• You are proactive, autonomous and rigorous
  
• The knowledge of Data Analytics will be considered as an asset
  

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.