Founded in 1856, Banque Internationale à Luxembourg is the oldest multi-business bank in the Grand Duchy. From its foundation, the BIL has always played an active role in the development of the Luxembourg economy. It currently operates in retail, private and corporate banking, as well as on major capital markets. Employing more than 2 000 people, BIL is present in the financial hotspots that are Luxembourg, Switzerland, and China.
As a major player in Luxembourg’s finance industry and as a signatory of the UN Principles of Responsible Banking, BIL is committed to handing over a responsible and sustainable bank to future
Responsibilities
KEY OBJECTIVES OF THE JOB
- Be a dedicated touch point for client on administrative / account management and operational activities
- Support the Portfolio Managers (PMs) in administrative tasks and operational fulfillments. Key activities include execution monitoring (orders, credit limits, etc), KYC surveillance (missing documents, account opening), and PMs support (meeting preparation / follow-up
- Could manage commercial relationships with his/her own clients with the support of the PMs
- Participate in joint business development initiatives within the team and provide input about potential new business opportunities (product offering) or on market.
DELIVRABLES AND KEY ACTIVITIES
- Provide high-level administrative, operational and commercial assistance to the PMs in client management
- Ensure the practical application of all the procedures, KYC surveillance permanent documentation of client activity and of the overall interaction with the client and monitoring of important transactions
- Day-to-day management and control of all the client queries, in collaboration with PMs (accounts opening, placements and investments, client visits, transfers, etc.)
- Identify client needs and share the information with the PMs
- Prepare the offers and proposals in collaboration with the PMs
- Proactive follow up of accounts status.
Must-have requirements
REQUIRED KNOWLEDGE AND EXPERIENCE
Domain of expertise
- Banking environment
Education
- Finance, Business Administration or Economics
- Master
Languages
- Mandatory languages : French and English and necessary language(s) for exercising the function. Fluency in Luxembourgish would be a strong asset
Banking techniques
- Typically at least 3 years of experience in banking environment
IT tools
- BLS, BLSNet, Triple A
Experience
- 3 years minimum
More requirements
- Demonstrate commercial ability to empathize with the needs and concerns of clients
- Understanding of the wealth management offer (IM products, BSPs, funds, loans…)
- Basic understanding of retail and corporate banking offer
- Basic understanding of all relevant cross-border and tax considerations
- Put the client first and provide a personal service
- Well-organized and disciplined, able to handle multiple tasks and client requests in a structured way
- Ability to work in a team.
- Full knowledge of relevant internal processes and compliance obligations.
We offer
BIL offers a broad range of challenging projects and a huge choice of career paths - we will assist you in finding the one that best meets your skills and expectations. Your personal development is our priority and we greatly encourage you to dive into different business areas for the broadest possible experience.
BIL is firmly of the opinion that diversity & inclusion contribute towards increasing the collective performance of the bank. We are committed to creating a culture of inclusion that encourages individual development with equal opportunities for all.
NB: The selected candidate will be asked to provide an extract from the criminal record (no.3) as evidence of integrity and justified with regard to the specific needs of the position to be filled.