Job title: Manager Financial Institutions Coverage
Job type: Permanent
Emp type: Full-time
Industry: Banking
Expertise: Banking & Fund Administration Corporate & Institutional Banking Private Banking & Wealth Management
Skills: Corporate Banking Institutional Banking Financial Institutions Client Relationship Management CSR
Salary type: Annual
Location: Luxembourg, Luxembourg
Job published: 2022-01-14
Job ID: 32411

Job Description

Manager Financial Institutions Coverage

Reporting to: Head of Financial Institutions and Trade Finance

Client: International Bank with a strong presence in Luxembourg

Your responsibilities:

  • Be responsible for Financial Institutions (FI) Pre-compliance, Risk Assessments, Risk Ratings in accordance with the Banks risk appetite in line with regulatory and legal dispositions, guidelines and policies.
  • Act as a point of reference and coordination for compliance, risk management and legal departments for any questions, requests and issues regarding FIs
  • Responsible for monitoring and evaluating the business traffic with FI clients (i.e. respondent banks).
  • Conduct regular review meetings with large FI counterparts to address any shortcomings in respect of compliance standards or expressed risk appetite, as well as, resulting from a non-respect of regulations and best market practices.
  • Manage documentation and contract framework in collaboration with internal stakeholders to facilitate smooth-running business activity and guarantee legal and regulatory excellence (i.e. AML questionnaire, correspondent banking contracts …)
  • Assist the Head of Department in mapping-out, pre-screening and analyzing new prospective FI counterparties, needed to be approached to cope with the growing business in various segments.
  • Assist in the preparation, negotiation and execution of agreements, necessary to enter into business activities with FIs (i.e. NDA, ISDA/CSA, GMRA, etc).
  • Set up and maintain an efficient FI counterparties relationship management database.
  • Maintain FI industry data through ongoing research, the tracking of key economic indicators and rating indices, as well as the research for industry commentaries and reports.
  • Perform regular reviews of FI related data and preparation of the FI files for Internal and External Audits

Your profile:

  • University degree in; Business Administration, Economics, Management or similar.
  • Minimum of 5 years of experience in a similar position, preferably within one of the Big Four audit companies or within the compliance and/or risk management department.
  • Excellent business analytical skills
  • Outstanding knowledge of the banking industry focused on FIs.
  • Demonstrated professional written and verbal communication skills.
  • Ability to meet deadlines while maintaining attention to detail and accuracy.
  • Strong understanding of applicable rules and regulations.
  • Fluent in English written and spoken, French and any other language is an asset.
  • PC literacy (Word, PowerPoint and Excel)

To apply for this position, please send your CV to Your application will be treated with the utmost discretion.

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