Credit analyst (Risk Underwriter) for Corporates - Trade Finance and Non-Trade Finance (m/f/d)*

Credit analyst (Risk Underwriter) for Corporates - Trade Finance and Non-Trade Finance (m/f/d)*

The Global Credit Solutions (GCS) team is writing business mainly with global banks by insuring credit risks originated by the banks, where the GCS team assumes the role of a primary insurer. Your role as Risk Underwriter (RUW) is to support the GCS team with the risk analysis of corporate obligors and the assessment of complex transaction structures (corporate trade finance and non-trade finance) as well as to take or prepare independent credit decisions in conjunction with the Client Relationship & Risk Manager (CRRM).

• Independently analyse the creditworthiness of corporate obligors and evaluate complex financing structures in the field of corporate trade finance and non-trade (un)secured lending - both in the context of single risk as well as portfolio transactions (the latter with focus on underwriting quality of the bank)
• Prepare internal credit applications, making informed recommendations and providing internal stakeholders with reasoned explanations for decisions
• Determine the maximum risk appetite for major individual risks and large single transactions involving multiple cedents
• Monitor existing (sub) portfolios; to identify significant risks at an early stage and initiate appropriate risk measures
• Cooperate closely with CRRM and participate in client meeting on specific deals or due diligence purposes
• Assist with the examination and development of strategic growth initiatives and new business opportunities
• Support efforts to enhance existing tools, credit risk management systems and processes

Your profile:

• University degree, preferably in business or economics or with a scientific focus, or equivalent training (banking traineeship followed by relevant further education)
• Several years’ professional experience in the field of corporate risk analysis and corporate finance; experience in emerging markets (esp. Asia) is a great advantage
• Strong product knowledge in the field of corporate trade finance (e.g. receivables and payables finance) is a great advantage
• In-depth knowledge of credit risk management in banks (incl. rating methodologies) and a keen interest in economic, political and regulatory topics (especially ESG)
• Excellent analytical skills combined with a pronounced risk awareness and sense of responsibility, independent and result-oriented working style, ability to justify decisions in a clear and comprehensible manner
• Strong team player and confident demeanour, able to contribute in a dynamic and collaborative environment
• Sound conduct of MS-Office (especially Excel and Power BI)
• Very good written and verbal command of English; additional business-relevant languages are an advantage

Application Instructions
In order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position is of interest to you.

About us
As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel.
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• Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
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Rewards & Recognition

• Competitive salary: appropriate compensation for your high level of commitment.
• Retirement provision: state of the art in-house pension solutions.
• Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
• Health management: focus on your physical and mental health far beyond legal requirements.
• Hybrid working: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.