Associate Client and Risk Manager Real Estate Credit

Location
Munich , Germany

Munich Re’s Structure Portfolio Solutions (SPS) team primarily underwrites portfolios of credit risks from banks/financial institutions (FIs) either as reinsurance (Münchener Rückversicherungs AG) or as primary insurance (GLISE).

To complement our heterogeneous team of experts, we are looking for your thorough expertise in loan portfolio underwriting and structuring in the fields of residential and commercial real estate.

Your job

• Underwriting business either as portfolio or individual risks with a focus on residential & commercial real estate loans (US and Europe)
• Establishing and growing client relationships
• Focusing on existing business as well as new business initiatives on FIs regulatory as well as risk-capital steering
• Maintaining relationships with customers and cooperation partners in the area of risk transfer and according structures as well as regulation
• Assessing risks of offered portfolio and individual transactions, in cooperation with a deal team if necessary, with a focus on the qualitative underwriting of the loan pool (incl. in some cases individual loans) and the risk-transfer structure
• Analysing banks/financial institutions with regard to their product know-how/market position in the relevant product areas

Your profile

• University degree in business administration/economics or engineering/natural sciences coupled with business administration
• Several years of professional experience in credit investment/banking sector, in particular in residential/commercial real estate loan products and ideally either field of: securitisation/structuring, regulatory / risk-capital modelling or rating/scoring methods
• Experience in underwriting/portfolio management of investments in structured credit portfolio products and/or cash flow-based financing desirable, in particular desirable with knowledge with regard to the regulatory capital relief effect of portfolio transactions is desirable
• Confident appearance and high social competence towards customers and colleagues
• Superior analytical skills in conjunction with a pronounced awareness of risk as well as deal-closing, along with a willingness and ability to justify decisions in a clear and comprehensible manner
• Team spirit, and team-player, initiative, ability to work independently, solution-oriented thinking
• Solid relevant IT skills (MS Office 365 suite, in particular Excel, SharePoint, Power BI, SQL Server, etc.)
• Ability to conduct negotiations in English, knowledge of German is of advantage, otherwise willingness to learn German

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. Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation. Sounds like you? Make it happen and be part of Munich Re.

• You will work in an environment where we think big: Change and culture are continuously role-modeled. We create and articulate a compelling and ambitious shared purpose, vision and direction. We pave the way towards success and see failure as learning
• You are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders
• We communicate in a clear & authentic way: We interact with a positive and humble spirit. We solicit feedback, ask and listen, learn and unlearn
• You will grow with your clients: Whatever our role, we support business, in an efficient and effective way, to create value for our clients. We embrace new ways of working leveraging digitalization to deliver solutions
• Join us, and experience that we lead the We: We have a passion for winning and growing as a team. We inspire people to be capable of joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged

Münchener Rückversicherungs-Gesellschaft
Anja Trompler
Human Resources
Königinstraße 107
80802 München
GERMANY

• Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritised, if equally qualified.