Job Title: Senior Credit Risk Specialist
Location: Gütersloh & Herford / North Rhine-Westphalia / Germany
Work Set-up: Hybrid & Remote
Employment Type: Full Time
Salary: €85.000
About the Job
Lead and oversee distressed loan risk management for complex corporate and investor exposures, delivering recovery strategies within legal and regulatory frameworks.
Language Requirements: German C1
Job Description
Responsibilities
- You manage complex corporate and investor engagements in high-risk lending involving distressed loans, including restructurings, forbearance arrangements, and recovery actions.
- You develop results-oriented concepts for consensual or enforced debt recovery, considering legal and economic factors.
- You utilize available discretion and competencies in negotiation and actively shape contractual agreements within distress loan management.
- You represent the bank in lending consortia, creditor committees or meetings and support the implementation of enforcement measures.
- You maintain and review claims and collateral, assess them from realisation and risk provisioning perspectives, and execute collateral disposal as needed.
- You support the team as an internal point of contact for technical issues and contribute to reporting and quality assurance.
- You contribute to the ongoing development of processes in credit risk management with a focus on quality and efficiency.
Requirements
- You hold a completed banking apprenticeship and/or a comparable qualification, or a degree in law, with professional experience in managing distressed loans and insolvencies.
- Strong knowledge of the legal and regulatory framework governing lending.
- Analytical thinking, strong coordination skills, a process-oriented approach, and effective self-management.
- Reliability, resilience, and a high sense of responsibility.
Core Benefits
- Balanced work-life with flexible hours and remote work options.
- 30 vacation days, two additional bank holidays, special leave for certain events, plus unpaid leave.
- Option of paid leave within a lifetime working time account.
- Active health management: fitness resources, digital classes, health checks, and mobile massage.
- Bike leasing and travel subsidies, plus employee discounts and meal allowances.
- Tailored professional development opportunities.
Required Experience
Minimum 5 years of relevant experience in credit risk or distressed debt management.
Job Type: Full-time
Pay: 85.000,00€ per year
Application Question(s):
- Do you have German C1 language proficiency?
- How many years of relevant experience in credit risk or distressed debt management?
- This is a hybrid role. Are you within the job location: Gütersloh & Herford / North Rhine-Westphalia / Germany?
Work Location: Hybrid remote in Gütersloh
