Job title: Middle Office Senior Manager - Credit Division
Job type: Permanent
Emp type: Full-time
Industry: Banking
Expertise: Banking & Fund Administration Corporate & Institutional Banking Private Banking & Wealth Management
Salary type: Annual
Location: Luxembourg, Luxembourg
Job published: 2022-01-13
Job ID: 32694

Job Description


Senior Manager of Middle Office of Credit Division

Reporting to: Head of Middle Office of Credit Division
  International Bank - Luxembourg HQ

Benefits: Bank with a strong dedicated focus to the market, stable and constantly growing, interesting PB&WM project, competitive package, bonus, banking convention benefits, insurance, W-L balance.

Responsibilities relative to various stages of the life cycle of transactions processed by Middle Office of Credit Division:


  • Providing the customers with information on the organization of operational processes of the transaction.
  • Coordinating process internally with all relevant stakeholders.
  • Verifying Term Sheets (TS) conditions.
  • Verifying Credit Committee and Management Board resolution – NPA compliance, the existence of internal limitations, ability of the systems/back office to reflect and process the transaction


  • Preparing of standard facility documentation and NDAs based on drafts prepared by Legal Department (where applicable);
  • Verifying of facility documentation draft’s compliance with the credit approval and TS.
  • Arranging the signing of facility documentation.
  • Checking and confirming of Conditions precedent (CP) and subsequent collection, CP checklist running (internal, external).


  • Receiving a request for financing from the client, verifying the compliance of the request with approved limit and signed facility documentation.
  • Collect internal approvals and checks before disbursement.
  • Monitoring of the loan utilization purposes (where applicable).
  • Replying to clients’ requests for statements, free limits, facilities prolongation and similar.
  • Monitoring of obligations of financial documents presentation according to facility agreement.
  • Controlling the correctness of financial covenants calculation.
  • Controlling the receipt of the signed original facility and related documents, communication with clients, legal advisors, or other parties in case of delays.
  • Controlling the performance of clients’ reviews.
  • Communicating with the clients on documents due, delays and deviations, due dates of loans, insurance premia payments, declarations etc.
  • Controlling and providing comments on early warning signals.

Additional duties

  • Participating in process automatization projects relative to the products under the responsibility of the Credit Department.
  • Ensuring that the recommendations formulated by the Internal Audit and the Risk Department are addressed within the agreed delays.


  • University degree in Finance, Economics, Business Management, or similar
  • Minimum of 5 years of experience in a similar position
  • Fluent in English, written and spoken, Russian and other languages would be considered as an advantage
  • Strong knowledge of lending products
  • Understanding of related processes
  • Good communication skills
  • Ability to be a team player, flexible, excellent communicator, results-oriented, service-oriented
  • Good organizational and project management skills
  • Self-motivated with a positive attitude

Please apply by sending your confidential CV to to be considered for this position and included in the recruitment process.

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