Head of Credit Risk Management

The Head of Credit Risk Management is responsible for the independent oversight, monitoring and management of the Bank's credit risk profile across all business lines, including Corporate Banking, Digital Banking, Private Banking, Real Estate Finance, Financial Institutions and Capital Markets activities. The role ensures that the Bank maintains a sound credit risk framework, robust underwriting standards, effective portfolio monitoring and compliance with regulatory requirements while supporting the institution's strategic growth objectives.

As a key member of the Risk Management Team, the Head of Credit Risk Management provides strategic advice to the CRO, Executive Committee and Board Risk Committee on all matters relating to credit risk. Your next challenge: Credit Risk Strategy Governance : Develop and implement the Bank's credit risk strategy in alignment with the overall risk appetite framework.

Ensure the effectiveness of credit risk policies, standards, methodologies and procedures. Maintain a robust credit governance framework across all lending activities. Contribute to the definition and annual review of the Risk Appetite Statement (RAS). Advise senior management on emerging credit risk trends and concentrations.

Independent Credit Oversight : Provide independent second-line review and challenge of credit proposals and risk decisions. Ensure consistency and integrity of credit assessments across all business units. Oversee large exposures, watchlist names and higher-risk transactions. Escalate material credit concerns to the CRO and relevant committees.

Portfolio Risk Management : Monitor the quality, concentration and evolution of the Bank's credit portfolio. Identify emerging sectoral, geographic and single-name risks. Perform portfolio reviews and thematic risk assessments. Recommend corrective actions, risk mitigation measures and portfolio optimisation initiatives.

Credit Risk Analytics Reporting : Oversee credit risk reporting to senior management, Executive Committee, Board Risk Committee and regulators. Ensure the production of meaningful risk indicators, early warning metrics and portfolio dashboards. Lead stress-testing exercises and scenario analysis related to credit portfolios.

Monitor risk-adjusted performance and capital consumption. Regulatory Compliance : Ensure compliance with: CSSF regulations ECB supervisory expectations EBA Guidelines Basel III / Basel IV requirements IFRS 9 impairment framework Large exposure regulations Act as the primary credit risk contact during regulatory inspections and audits.

Support examinations conducted by the ECB, CSSF and Internal Audit. Credit Risk Models Methodologies : Oversee credit risk methodologies, rating systems and risk measurement frameworks. Ensure appropriate governance of Probability of Default (PD), Loss Given Default (LGD) and Exposure at Default (EAD) models. Partner with Model Risk Management and Finance teams to ensure regulatory compliance and model performance.

Validate the effectiveness of credit risk quantification methodologies. Problem Loans Remediation : Oversee watchlist governance and credit deterioration processes. Monitor non-performing exposures (NPEs) and Stage 2/Stage 3 portfolios. Challenge restructuring, forbearance and recovery strategies. Ensure timely identification of deteriorating credits.

Leadership People Management : Lead, coach and develop a team of credit risk professionals and department managers. Foster a strong risk culture across the organisation. Build capabilities in portfolio management, analytics and regulatory expertise. Promote collaboration with Front Office, Finance, Compliance and Internal Audit.

Committees Governance Participation : The Head of Credit Risk Management is typically a member of: Credit Committee Group Risk Committee Asset and Liability Committee (ALCO) Non-Performing Exposure Committee New Product Approval Committee Model Governance Committee Executive Risk Forum