Senior Credit Risk Officer – European Banking HQ (Permanent Role)

Luxembourg City | Full-time | Permanent contract

A rare opportunity in Credit Risk

We are partnering with the European headquarters of a major international banking group (one of the world’s largest financial institutions) to hire a Senior Credit Risk Officer in Luxembourg.

This role sits at the heart of the Risk function and offers real exposure to portfolio steering, IFRS 9 provisioning, regulatory delivery and cross-branch oversight across Europe. If you enjoy combining technical analysis with stakeholder influence and risk governance, this is a strong career move.

What you will own

1) Credit portfolio steering and risk appetite

• Monitor and analyse credit portfolio trends by industry, geography and counterparty

• Contribute to risk appetite frameworks, credit limits and portfolio oversight

• Support and improve credit risk tools and methodologies used by HQ and branches

2) Policies, controls and EU regulatory alignment

• Review and implement credit policies and procedures in line with Group standards and EU rules

• Ensure robust credit risk identification, measurement, monitoring and control

• Track regulatory changes and drive internal alignment on topics such as:

  • Loan Origination and Monitoring

  • Defaults and forbearance

  • Leveraged Finance guidelines

3) IFRS 9 and provisioning leadership

• Own and enhance the quarterly production of IFRS 9 ECL and classification standards

• Manage back-testing, optimisation and implementation of risk classification rules

• Build meaningful analytical commentary for management bodies

• Support early warning and alert indicators (e.g., SICR, UTP) and watchlist maintenance

• VBA is a plus (automation, reporting, analysis)

4) Reporting, audits and stakeholder interaction

• Produce routine and ad-hoc credit risk reports for internal governance and regulators

• Coordinate and lead inputs for internal/external audits, inspections and reviews

• Work closely with business lines, finance, compliance and risk stakeholders across Europe

5) Stress testing and forward-looking risk analysis

• Develop credit risk stress tests and scenario analysis

• Evaluate how macro/sector shocks impact ECL, capital and portfolio quality

• Provide insights on concentrations and emerging risk at loan book level

What will make you successful

Must-have

• Master’s degree in Finance / Economics / Statistics (or equivalent)

• 5+ years in Credit Risk (banking or similar regulated environment)

• Strong exposure to EU/EBA credit risk topics, notably:

  • IFRS 9 / ECL, NPL, forbearance

  • Loan Origination and Monitoring

  • Leveraged finance (a plus)

• Strong analytical mindset, pragmatic judgement, and delivery discipline

• Fluent English

Nice-to-have

• Bloomberg familiarity

• Mandarin as an asset (not mandatory)

Why this role stands out

• A senior seat in a European HQ Risk function

• Hands-on ownership of IFRS 9, governance and portfolio steering

• International environment with real cross-border scope

• Stable, long-term opportunity in Luxembourg with strong learning curve

Interested?

For a confidential discussion or to apply, please contact:

Rémi Simon
rsimon@skillfindergroup.com
+352 27 30 06 27