Credit Risk Officer; m​/f​/d

Main duties

• Ensure (i) independent and competent credit risk analyses and assessments (forward looking analysis, industry expertise and peer comparison); (ii) to support the front office in structuring transactions in a risk-adequate manner and (iii) ongoing risk monitoring;
• Where possible produce a one-step credit processing for the borrowing entity incl. the relevant Be Ne Lux  ,German and other borrowers (i.e. acts as group CO).
• Decide on ratings and possible risk mitigants (i.e. collateral);
• Take credit decisions within held Delegated Authority and recommend proposals to higher approval authorities ensuring presentations are of the required high standard;
• Develop and actively maintain Sector/Regional knowledge for the specific sectors/regions covered within the team;
• Monitor the portfolio regarding rating actuality and distinctive risk features as well as to report on risk relevant findings;
• Be responsible together with the relationship manager for getting the necessary client information and research, potentially with direct client contact to take into account the overall risk profile (amount/tenor/rating) to match the depth of analysis required;
• Consider and comment on the risk/return profile of the exposure managed/approved.

In line with Commerzbank’s high standards regarding client-oriented services and subject to general principles, business and credit related directives, as well as the guidelines for managing credit risks.

Hierarchy:
Directly reporting to:
Local Credit Officer (F3)

• Ensure best practice credit risk analyses, assessments and decisions;
• Approve credit applications according to delegated authorities based on the independent internal rating and the given collateral if appropriate;
• Decline transactions if necessary, to define conditions for approval or to propose alternative structures;
• Assist front office and legal in negotiation of loan and trading documentation to ensure that signed documents meet credit criteria;
• Ensure that the re-rating and credit reviews in your responsibility are done in a timely manner and in compliance with applicable guidelines including override of ratings as appropriate
• Supply of necessary information from his/her own sphere of activity for the preparation of Industry Batches;
• Take care of up-to-date ongoing risk monitoring (e.g. collecting information, Watch-List, early-warning signals, compliance with covenants) to identify and detect at earliest opportunity credit deterioration and suggest/propose specific risk mitigation;
• Escalate/ inform the Local Credit Officer of process disruptions, problematic cases, relevant decisions in individual cases that may be escalated;
• Determine/recommend if counter parties have to be transferred to GRM CC-RC (“intensive care”) and to prepare the respective action;
• Ensure input of credit related information into the relevant IT systems in a timely and orderly manner;
• Visit clients in case of need (coordinated with the respective front office);
• Support and consult the front office in credit risk related issues;
• Ensure the fulfilment of tasks in an economic, efficient, quality- and deadline-conscious manner;
• Promote transfer of know-how and “buy in” to a team spirit / co-operation ethos; and
• Assist Local Credit Officer with input into various reports and ad hoc requirements relating to portfolio analysis (i.e. Portfolio Reviews, factbooks etc).

Experience:

minimum 5 years credit experience in the Dutch market.

Language skills:
Fluent in English and Dutch (orally and written)