Senior Credit Restructuring & Recovery Expert

About the Position

Senior Credit Restructuring & Recovery Expert

We're seeking a Senior Credit Restructuring & Recovery Expert to join ING Bank in Luxembourg, focusing on complex credit situations and recovery strategies.

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Responsibilities

• Manage and support restructuring and recovery cases for Business Banking real estate clients, including higher-risk, watchlist, forborne, and non-performing exposures.
• Analyse borrower viability, cash flows, repayment capacity, collateral values, guarantee structures, legal documentation, and recovery options to define appropriate case strategies.
• Develop and negotiate restructuring solutions, including amended repayment plans, covenant resets, collateral enhancements, refinancing options, standstill arrangements, and exit strategies.
• Prepare clear restructuring and recovery recommendations, including risk assessment, expected recovery, provisions, classification, forbearance treatment, and decision conditions.
• Monitor assigned restructuring portfolios, including milestones, collateral developments, covenant compliance, impairment indicators, recovery performance, and early-warning signals.
• Work with Wholesale Banking, Private Banking, Credit Risk, Legal, Finance, external valuers, and advisers to ensure coordinated case management and robust documentation.
• Contribute to portfolio reviews and governance forums by identifying emerging risks, concentrations, recovery trends, and opportunities to reduce non-performing exposures.
• Support the gradual expansion of restructuring coverage to Wholesale Banking and material Private Banking exposures, applying consistent workout standards and strong risk culture.

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Requirements

• Core Skills:

  • Credit Risk
  • Restructuring
  • Recovery
  • Special Asset Management
  • Real Estate Finance

• Secondary Skills:

  • Negotiation
  • Stakeholder Management
  • Communication
  • Financial Statements Analysis
  • Cash Flows Analysis
  • Collateral Valuation
  • Loan Documentation
  • Guarantees
  • Repayment Structures
  • Covenant Frameworks
  • Enforcement Considerations
  • Restructuring Proposals
  • Recovery Strategies
  • Credit Recommendations
  • Watchlist Papers
  • Non-performing Exposure Reviews

• Languages:

  • English (Advanced)
  • French (Advanced)

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We Offer

• A high-impact restructuring and recovery role focused on Business Banking real estate, with future exposure to Wholesale Banking and material Private Banking cases.
• Meaningful ownership of complex credit situations, recovery strategies, and portfolio outcomes, with direct interaction across Risk, Wholesale Banking, Private Banking, Legal, and Finance.
• The opportunity to strengthen ING Luxembourg’s restructuring, recovery, and non-performing exposure management capabilities while contributing to a strong risk culture.

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About the Company

At ING, we redefine banking by being customer-centric, technology-powered, and driven by smart, determined people. Our customers feel empowered to stay ahead in life and business, and we take pride in that!

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Location:

• City: Luxembourg
• Country: Luxembourg

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Apply Now

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