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Michael Page International (Belgium)

Credit Risk Officer

Michael Page International (Belgium), Sauk Trail Beach, Wisconsin, United States

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Strategic credit role with regulatory and portfolio-level impact High visibility across risk, business, audit, and regulators

About Our Client Our client is a Luxembourg-based banking institution operating within a large international banking group, serving corporate and institutional clients. The organisation is characterised by a strong risk culture, robust governance standards, and close alignment with EU regulatory frameworks.

Job Description

Manage and monitor the bank's credit portfolio across industries and geographies

Define and oversee credit appetite, limits, and portfolio concentration risks

Review, implement, and maintain credit policies and procedures in line with group and EU requirements

Identify, measure, monitor, and report credit risk across head office and branches

Produce regular and ad-hoc credit risk reports for internal committees and regulators

Coordinate internal and external audit requests related to credit risk topics

Perform on-site and off-site credit reviews and portfolio inspections

Develop and maintain credit risk early-warning indicators (e.g. SICR, UTP)

Oversee IFRS 9 classification standards and quarterly ECL production with analytical insight

Monitor regulatory developments and lead implementation of credit-related guidelines

Maintain watchlists and conduct industry and counterparty risk screenings

Design and execute credit stress testing at portfolio, sector, and geographic levels

The Successful Applicant

Degree in Finance, Economics, Risk Management, or related discipline

Solid experience in credit risk, portfolio management, or risk control within banking

Strong understanding of EU credit regulations and IFRS 9 frameworks

Proven analytical skills with the ability to interpret complex credit data

Comfortable interacting with regulators, auditors, and senior stakeholders

Methodical, structured, and detail‑oriented mindset

Ability to manage multiple priorities in a regulated environment

Advanced Excel skills; VBA or quantitative tools are a strong asset

Fluent in English; additional languages are an advantage

What's on Offer

Competitive remuneration aligned with experience and seniority

Exposure to complex international credit portfolios

High level of autonomy and influence within the risk function

Structured working environment with strong governance standards

Long‑term career development within an international banking group

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