Credit Risk Management Specialist - Assistant Vice President (m/w/d)

Who we are

United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Business Area

The role sits within Credit Risk Modelling & Portfolio Monitoring and is the principal specialist role for the governance and ongoing operation of the local wholesale credit portfolio monitoring framework. The role complements existing technical and data capabilities by bringing strong credit risk judgement and practical experience in limit frameworks, risk appetite, concentration risk, early-warning processes and governance documentation. It works closely with Credit, Business, Finance, IT / Data and EMEA functions to ensure that portfolio limits and monitoring indicators are risk-sensitive, consistently applied, appropriately documented and effectively escalated.

Position Description

Purpose of the job

• Own and operate the local credit portfolio monitoring framework, including the credit limit framework, limit setting, risk appetite monitoring and escalation for wholesale portfolios.
• Provide forward-looking assessment of portfolio risks, concentrations and emerging vulnerabilities through clear governance, documented judgement and proportionate early-warning indicators.
• Produce concise, decision-useful portfolio conclusions for senior management and risk committees and coordinate actions across Risk, Credit, Business, Finance, IT and EMEA function

Facts / Scale

• Primary scope: wholesale credit portfolios covering a broad range of banking products and risk drivers.
• Core framework responsibilities: credit portfolio limits, limit calibration and allocation, risk appetite metrics, KRIs / EWIs, concentration monitoring and escalation governance.
• Key outputs: regular portfolio monitoring reports, risk appetite assessments, limit utilisation and breach reporting, thematic analysis and committee materials.
• Key interfaces: Risk, Credit, Business, Finance, IT / Data, EMEA functions, senior management, risk committees, auditors and regulators.

Accountabilities & Responsibilities

• Own and maintain the local credit portfolio monitoring governance framework, including policies, procedures, methodology documents, roles, controls and escalation requirements.
• Develop, review and operate the credit limit framework, including limit rationale, calibration, allocation, utilisation monitoring, exceptions, breaches and periodic reassessment.
• Coordinate the credit risk components of the Risk Appetite Framework and translate risk appetite into meaningful portfolio metrics, thresholds, management triggers and escalation actions.
• Monitor portfolio composition, concentrations, migrations, watchlist developments, asset quality, new-business profile and emerging risks to identify material changes at an early stage.
• Design and maintain proportionate KRIs and EWIs that distinguish material risk signals from normal portfolio volatility and support timely management action.
• Prepare concise portfolio reporting and forward-looking risk assessments for senior management and risk committees, clearly explaining drivers, implications and recommended actions.
• Ensure portfolio data, limit utilisation and management information are appropriately reconciled, controlled and documented, working with technical specialists to resolve data-quality issues.
• Coordinate responses to audit and regulatory enquiries relating to portfolio monitoring, risk appetite, limits, concentration risk and risk-data aggregation.

Knowledge, Skills, Experience and Qualifications

Required experience

• Relevant experience in credit portfolio risk management, credit limit frameworks, limit setting, risk appetite, concentration risk, credit analysis or senior credit risk reporting.
• Strong understanding of wholesale credit portfolios, relevant banking products and their underlying risk drivers.
• Practical experience designing, calibrating or operating portfolio limits, including utilisation monitoring, exceptions, breaches and escalation.
• Experience translating risk appetite into portfolio metrics, thresholds, KRIs, EWIs and clear management actions.
• Experience establishing or maintaining portfolio monitoring governance, methodology and procedural documentation.
• Experience preparing materials and presenting conclusions to senior management, risk committees, auditors or regulators.
• Knowledge of credit risk capital, RWA, IFRS 9 and ICAAP is beneficial.

Technical capabilities

• Advanced Excel and data-analysis skills, with the ability to review large datasets, reconciliations and data-quality controls.
• Experience with Power BI or comparable reporting and visualisation tools is beneficial.
• Working knowledge of Python, SQL or comparable analytical tools is preferred.
• Ability to translate quantitative analysis into concise, decision-useful management conclusions and recommended actions.
• Ability to define analytical and reporting requirements for technical colleagues and critically assess the resulting outputs.

Regulatory knowledge

• Understanding of ECB expectations for credit risk management, risk appetite, concentration risk, monitoring, aggregation and management information.
• Knowledge of relevant EBA requirements and guidelines relating to credit risk, non-performing exposures, forbearance and concentration risk.
• Understanding of ICAAP, Risk Appetite Framework and stress-testing concepts.
• Familiarity with COREP, FINREP and relevant internal risk reporting; knowledge of BCBS 239 principles is beneficial.

Personal capabilities

• Strong credit risk judgement and a forward-looking mindset.
• Ability to distinguish material risk signals from normal portfolio volatility and to apply proportionate escalation.
• Ability to challenge Business and Credit stakeholders constructively and defend conclusions with clear evidence.
• Strong written communication and presentation skills, with confidence in presenting portfolio conclusions to senior committees.
• High level of accuracy, ownership, documentation discipline and delivery focus.
• Ability to work effectively across Risk, Finance, Credit, Business, IT and EMEA functions.

Qualifications

• Degree or equivalent qualification in finance, economics, business, risk management, mathematics, statistics or a related discipline.

What we offer

For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
• Access a wide range of learning and development opportunities and career progression opportunities
• Ambitious remuneration package

The anticipated annual salary range for this role is 68,000 – 104,000 €, with the final offer determined based on the candidate’s skills, experience, role scope, location, and relevant market factors. In addition to base salary, the role may be eligible for a discretionary incentive award and a competitive benefits package, including core benefits such as pension provision.

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!