Rothschild & Co is a leading global financial services group with seven generations of family control and a history of over 200 years at the centre of the world's financial markets.Our expertise, intellectual capital and global network enable us to provide a distinct perspective that makes a meaningful difference to our clients, communities and planet.We have 4,200 talented specialists on the ground in over 40 countries around the world, enabling us to deliver a unique global perspective across four market-leading business divisions – Global Advisory, Wealth Management, Asset Management and Five Arrows.As a family-controlled business built on relationships, we place a huge emphasis on our people and finding the right colleagues to take our business forward.Rothschild & Co is committed to an inclusive and supportive environment where diversity and different perspectives are valued. We are focused on the attraction and recruitment, development and retention and progression of high calibre talent to ensure we and our clients benefit from the value of difference.Overview of RoleA role for an experienced credit officer working in an established team of credit specialists based in Zurich. The role will include structuring, processing and monitoring of Lombard loans and other lending products (bank guarantees, contingent liabilities, derivative transactions) for the Group’s (ultra) high net worth client base. The candidate will also provide support on various ad-hoc projects and reporting obligations and must be motivated by working in a small team and within a private banking environment where personal interactions matter. We aim to fill this position on grade Associate or Vice President depending on the level of experience of the successful candidate.ResponsibilitiesAnalysing and structuring loans in accordance with the Group’s standard lending parameters or on a bespoke basis for more complex casesLiaising with and supporting the front office in relation to client lending queriesMonitoring existing loans and performing annual reviews in accordance with policyCarefully analysing and checking credit orders in AvaloqPerforming the daily credit monitoring for all types of different credit transactions such as loans, guarantees, contingent liabilities and the margining for derivative transactionsFollowing and maintaining the credit policy and apply collateral shortfalls, margin calls and liquidation events and actively manage the collateral situation of our lending clientsPreparing standard and complex credit applications for the approval of the respective credit committees and liaising with the front office teams as well as with other departments such as legal and compliance and investmentsOverseeing the documentation process for new loans and amendments to existing loans with input from the legal department and external lawyers as requiredPreparing regular in-depth credit analysis to build the basis for comprehensive management reportsPreparing power point presentations for the monthly and quarterly reporting periodSupporting the team with project work related to credit topics and over time, taking over the lead for such projectsWorking with the team to process bank guarantees for wealthy clients and to monitor these exposures accordinglyAssist with structuring and developing the business of loans secured by pledges over (life) insurance policies including the documentation processesProactively liaising and communicating with client advisers and actively build a network within the bank and the larger groupEducation and QualificationsBank apprenticeship and / or Bachelor in Banking and FinanceAt least 5 years of relevant experience within the credit department of a Swiss bank including experience in Lombard lendingExperience, Skills and Competencies RequiredKnowledge and interest in financial marketsFluent in German and English (Written and oral). Any other languages are considered a plusAdvanced knowledge of Microsoft office products (focus on Excel and PPT). VBA knowledge is a plusExperience of lending secured by (life) insurance and universal life insurance business and / or in the set-up of pledges over such policies is a plusExperience of lending into foreign jurisdictions and knowing specific foreign financial regulations and consumer protection laws applicable for the lending business is a plusAvaloq user experience counts as an additional assetStrong communication and interpersonal skillsAbility to negotiate, argue and defend a standpointStrong analytical skills and capable of multitasking also under time pressureA good team player with a cooperative and solution-oriented personalityEfficient and structured way of workingProactive attitude with the ability to demonstrate initiative, attention to detail and reliability
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