Job Description

BIL is a leading player in Luxembourg’s financial market. Founded in 1856 as the country’s first bank, BIL has contributed significantly to the development of Luxembourg’s social and economic landscape. Today, BIL operates across digital banking, wealth management and corporate finance, supporting individuals, entrepreneurs, businesses, and both private and institutional investors. Headquartered in Luxembourg, BIL employs more than 1,800 people and maintains a presence in key financial centers including Luxembourg, Switzerland, France 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 generations.

Your next challenge:

• Act as a financial markets expert and assist own issued and manufactured products (structured notes, overlays, warrants, vanilla rates products etc.) by providing pricing, idea generation, structuring, product development and information for the various internal and external clients serviced by the department, which span from large institutional investors and financial institutions (including securities firms, asset managers, brokers etc.), to individual wealth management and retail clients.
• Assist structuring and pricings cross different asset classes (rates, equity, commodities, credit etc.) BIL structured notes, warrants and OTC derivatives both for clients who are custodised with the Bank but also clients on a brokerage base model where products are settled externally. To play current market themes, or tailormade solutions to suit the dedicated objectives of clients, where ideas are in line with client`s objectives, policy of the Bank or short-term opportunities arising in the market.
• Help the senior specialist develop product concepts, create pricing, performance and scenario models, seek product approvals where required, and perform product analysis, including scenario analysis and performance simulations (historical and forward looking).
• Create presentations and factsheets to present sophisticated structured investment ideas, concepts, strategies, products and solutions (including structured products, warrants, as well as hedging, overlay and derivatives strategies), for different types of investors /clients (both external and internal), as well as other stakeholders.
• Support under the supervision of senior Structuring & Sales employees the issuance process for new structured notes and other securitized instruments as well as (when occurring) off balance sheet investment instruments (repacks, securitizations etc.), from pricing, structuring and idea generation, to trading, execution and hedging, as well as booking the products and support the documentation creation.
• Draft documentation for Structured Products, including the Term sheets, Final Terms, Pricing Supplements and Key Information Documents.
• Assist projects that support the development of the Bank’s own product gamma, especially structured products business, from the development of tools and platforms to enhancements of the Bank’s infrastructure and systems.

Your skills:

• Master degree, preferably in Finance, Economics, Mathematics or another quantitative based subject
• Fluent in English provided that this is the language of the financial markets industry. French and / or German would be beneficial.
• Good understanding of Financial Markets, products and services across asset classes.
• Good foundation of theoretical knowledge in regard to financial markets products and specifically derivatives.
• Experience in Private Banking is considered a plus.
• Highly driven focus on learning pricing and structuring of derivatives and structured products, as well as creating and presenting sophisticated financial markets products, solutions and concepts to clients and potential investors.
• Result oriented and team spirited, with a strong awareness of ethics, compliance and regulations
• A good communicator, with commercial awareness and the ability to bring over the message to the internal and external client base, as well as within the supporting units of the organisation
• Skilled at generating, marketing and presenting complex investment ideas and solutions to a wide range of audiences.
• Able to determine the most suitable financial markets solution in different market circumstances to meet a clients specific investment needs and objectives
• Adept at more technical tasks, with the potential to apply programming skills, such as VBA, Python and/or C++, to develop, automate and streamline processes.
• Affinity with the marketing, compliance, legal, risk and operational frameworks and processes relating to the financial markets business.

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. Other documents will be collected, to the extent legally permitted, to perform background checks.