Credit Risk & ALM Risk Officer

As a leading provider of online financial services, Swissquote Group offers innovative solutions and comprehensive services to meet the wide-ranging demands of its global clients.

Swissquote Bank Europe is the EU bank of the Swissquote Group (listed on the SIX Swiss Exchange), and has been at the forefront of online investing for 25 years.

Powerful multi-asset digital platforms and personalised banking come together to deliver private clients, intermediaries and financial institutions a more efficient way to manage wealth.

The Credit Risk & ALM Risk Officer will be responsible for:

• Providing independent Second Line of Defence (2LOD) oversight of credit risk and ALM activities, focusing on loan origination, credit monitoring, and treasury-driven ALM decisions.
• Credit Risk Management:• Perform and oversee regular loan controls, ensuring adherence to credit lending policy
• Contribute to credit-worthiness and collateral risk assessments for new lending requests
• Support the review and enhancement of pledge-rate methodologies across asset classes

• ALM Activities:• Perform and oversee ALM-related controls to ensure alignment with ALM policy
• Develop and monitor the treasury counterparty onboarding and monitoring framework
• Conduct SICR assessments and lead ongoing monitoring of financial counterparties

• Risk Calculations:• Perform credit risk capital requirements and Expected Credit Loss (ECL) calculations
• Governance, Reporting and Risk Framework:
• Continuously assess and enhance the control framework
• Prepare reports for management, regulators, and internal committees
• Support the enhancement of risk management policies and departmental procedures
• Provide risk assessments for new products and services

• University degree in business, economics, finance or related field, with 5+ years of banking experience in Luxembourg or the EU
• Demonstrated experience in risk monitoring, oversight, and challenge of first line activities
• Advanced understanding of regulatory requirements, capital requirements, and EBA guidelines on loan origination and monitoring
• Proficiency in MS Office (especially MS Access) and Bloomberg Terminal
• Excellent communication skills in English (written and verbal); French is an asset
• Strong analytical, problem-solving, and decision-making capabilities
• Ability to manage multiple priorities and work collaboratively across teams and functions
• Commitment to continuous learning and professional development

 

• A chance to work in a high-performing team in a collaborative environment.
• A comprehensive benefits package including annual performance bonus, occupational pension scheme, share plan, concierge services, 34.5 paid holidays, and more
• A great work environment in our offices located at Luxembourg’s Kirchberg financial district.

 

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