Job Description
Credit risks are the main underwriting focus in EU/LA5. The Global Credit Solutions (GCS) team is writing business mainly with global banks by insuring credit risks originated by the banks, where the team assumes the role of a primary insurer. Your role as Risk Underwriter (RUW) is to support the team with risk analysis of corporations and complex transactions structures from within the fields of corporate finance and supply chain finance as well as to take or prepare independent credit decisions in conjunction with the Client Relationship & Risk Manager (CRRM).
- Independently analyse the creditworthiness of corporations and evaluate complex financing structures in the field of corporate finance as well as trade and supply chain finance - both in the context of single risk as well as portfolio transactions (the latter with focus on underwriting quality of the bank)
- Prepare internal credit applications, making informed recommendations and providing clients and internal stakeholders with reasoned explanations for decisions
- Determine the maximum risk appetite for large single transactions involving multiple cedents and major individual risks
- Monitor existing (sub) portfolio; to identify significant risks at an early stage and initiate appropriate risk measures
- Cooperate closely with CRRM and participate in client meeting on specific deals or due diligence purposes
- Assist with the examination and development of strategic growth initiatives and new business opportunities
- Support efforts to enhance existing tools, credit risk management systems and processes
- University degree, preferably in business or economics or with a scientific focus, or equivalent training (banking traineeship followed by relevant further education)
- Several years' professional experience in the field of corporate risk analysis across various sectors; experience in emerging markets (esp. Asia) is a great advantage
- Strong product knowledge in the field of corporate trade finance (e.g. supply chain finance, receivables finance, working capital finance, etc.)
- In-depth knowledge of credit risk management in banks (incl. rating methodologies) and a keen interest in economic, political and regulatory topics (especially ESG)
- Sound conduct of MS-Office (especially Excel and Power BI)
- Excellent analytical skills combined with a pronounced risk awareness and sense of responsibility, independent and result-oriented working style, ability to justify decisions in a clear and comprehensible manner
- Strong team player and confident demeanour, able to contribute in a dynamic and collaborative environment
- Sound conduct of MS-Office (especially Excel and Power BI)
- Very good written and verbal command of English; additional foreign-language skills are an advantage