Credit Risk Manager

Job details :

The Council of Europe Development Bank (CEB), established in 1956, is a multilateral development bank with a unique social mandate from its 43 member states. The CEB finances investment in social sectors, including education, health and affordable housing, with a focus on the needs of vulnerable people. Borrowers include governments, local and regional authorities, public and private banks, non-profit organisations and others. As a multilateral bank with a triple-A credit rating, the CEB funds itself on the international capital markets. It approves projects according to strict social, environmental and governance criteria, and provides technical assistance. In addition, the CEB receives funds from donors to complement its activities.

The Risk & Control Directorate (R&C) promotes a strong risk and control culture across the CEB to ensure the Bank’s long-term financial sustainability and operational resilience while enabling the CEB to fulfil its social mandate. R&C identifies, assesses, monitors, reports, mitigates and controls the Bank’s exposure to the main financial risks it faces in its regular course of business, namely credit risk, market risk, liquidity risk, and operational risk. R&C also preserves the CEB’s creditworthiness and pristine external rating assessment to strengthen stakeholders trust by efficiently monitoring budgets and ensuring accounting services aligned with best practices. The Directorate also ensures financial reporting transparency and effective controls by the CEB’s governance and control bodies such as the external auditors and the Auditing Board.

R&C is looking for a Credit Risk Manager, who will participate in the team's mission to perform risk assessments on credit and counterparty risks, to prepare credit risk proposals for the Credit Risk Committee and to support finance and social projects in conformity with the CEB’s risk policy and social mandate. The successful candidate will join a small and diverse team and report to the Head of the Credit Risk Unit.


Main Responsibilities:
Perform in-depth risk assessments of counterparties (Financial institutions, Corporate organizations, Sovereigns, Local and regional authorities or others) applying appropriate financial analysis methods and credit risk criteria.
Draw up recommendations on eligibility and limits on counterparties or groups of counterparties for the Credit Risk Committee, considering both the nature of the entities and instruments involved (loans, guarantees, securities, etc.) and their maturities (short, medium, long term, etc.).
Participate in on-site and remote due diligence with new potential counterparties.
Research financial data and monitor economic information and stay up to date with current developments.
Draft credit risk terms and conditions of financial contracts.
Monitor limit exposures and conformity with credit risk policy and approved conditions; detect and resolve credit incidents.


Academic background:
Advanced university degree in finance, banking, applied economics or related field.

Professional background:
Previous experience (at least 4 years, full time) in a financial institution, international organisation or a development agency in credit risk and financial risk analysis.
Good knowledge and understanding of financial markets and credit risk management concepts and tools.
Attention to detail, sound judgement skills and ability to review documents and accurately analyse financial data and assess risks.
Good ability to structure financial operations or to propose proactive actions to achieve strategic objectives.
Strong writing skills to synthesise financial and technical information into clear, concise and convincing documents.
Strong capacity to communicate adequately and persuade others in critical situations.
Strong capacity to deal with differing points of view and high degree of professional ethics and integrity.
Proficiency in the use of standard office software (MS Office suite, Zoom, etc.)
Proven knowledge of specific credit risk management applications (e.g. Moody’s Risk Origin or Limit managemet tools) with an innovative mindset in the use of relevant IT / AI tools.

Language skills:
Excellent command of one of the two CEB official languages (English and French), both oral and written, and knowledge of the other, with a commitment to reach a good working level.
Knowledge of one or more other Member country language(s) would be an advantage.

Core competencies:
Adaptability
Client Orientation
Communication
Innovation
Result Orientation
Team Work

Nationality:
Citizen of one of the Bank’s Member States: Albania, Andorra, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Holy See, Iceland, Ireland, Italy, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Republic of Moldova, Montenegro, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, San Marino, Serbia, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Türkiye, Ukraine.

Location : 55, avenue Kléber 75116 Paris