The posting
As Head of Credit & Treasury, you will personally own and run the credit and treasury function of Bank Vontobel Europe AG – a subsidiary of Vontobel, a globally active Swiss investment house serving high-net-worth clients. Reporting to the COO Europe, with a functional dotted line into Group Treasury and Group Credit in Switzerland, you will be a hands-on expert responsible for credit decisions, liquidity and interest rate risk management, and regulatory reporting. As the business grows, this role has the potential to evolve into a team lead position — but the mandate today is operational ownership, not people management.
What would your role be?
Credit
- Own the credit process for private banking clients (Lombard loans,), from policy and origination standards through underwriting, monitoring, and workout.
- Define and maintain credit risk policies, limits, and collateral frameworks in line with KWG, MaRisk, and Group standards.
- Act as key decision-maker in the credit committee; represent credit risk in relevant governance bodies.
- Ensure credit reporting is accurate and timely.
- Coordinate with Group Credit (Switzerland) to align risk appetite, methodologies, and reporting.
Treasury
- Manage the bank's liquidity position, funding structure, and intraday/short-term liquidity risk (LCR, NSFR, ALMM reporting).
- Own interest rate risk in the banking book (IRRBB) — measurement, hedging strategy, and Board-level reporting.
- Manage counterparty and correspondent banking relationships relevant to treasury operations.
- Coordinate funds transfer pricing (FTP) methodology with business lines and Group Treasury.
- Ensure regulatory treasury reporting (BaFin/Bundesbank) is complete and submitted on time.
Governance & Stakeholder Management
- Act as primary contact for BaFin/Bundesbank on credit and treasury matters; prepare for and support regulatory examinations and audits.
- Represent Credit & Treasury in ALCO and other relevant management committees.
- Serve as the key operational interface with Group Credit/Treasury in Switzerland, ensuring consistent risk standards and methodologies across the group.
- Prepare credit and treasury papers, analyses, and recommendations for the COO and management body.
- As the bank grows, contribute to shaping the future structure of the function — including, potentially, building out a small team over time.
What are we looking for?
- Degree in finance, economics, or a related field; relevant professional qualification (e.g. CFA, CAIA) is a plus.
- 7+ years of hands-on experience in credit and/or treasury functions within private banking or a comparable financial institution.
- Strong technical knowledge of German/EU banking regulation relevant to credit and treasury (KWG, MaRisk, CRR/CRD, LCR/NSFR, IRRBB, ALMM).
- Track record in Lombard lending for HNWI clients; experience with collateral and credit risk frameworks.
- Solid understanding of ALM, liquidity management, and interest rate risk hedging.
- Comfortable owning a function end-to-end and working independently in a lean setup, without relying on a team.
- Experience working within an international group structure, ideally with exposure to Swiss and German regulatory environments (FINMA/BaFin).
- Strong stakeholder management skills — comfortable engaging with the COO, ALCO, regulators, and Group functions in Switzerland.
- Openness to eventually building and leading a small team, without this being the primary motivation for the role.
- Fluent in German and English.
- Affinity for Artificial Intelligence (AI) and a willingness to embrace AI-enabled tools and ways of working.
What do we offer?
- Top Düsseldorf location with collaboration spaces.
- All the latest technology to help you excel and advance.
- Agile environment in how we think, the way we work and our trust for each other.
- Opportunities for further training and mentoring to foster your professional development.
- Flat hierarchy with collaboration at all levels.
- Collaborative spirit.
We are looking for talented people, not just a CV that ticks all the boxes. Even if you do not have absolutely everything we have asked for, if this role sounds like a good fit for you, we encourage you to apply.
Why Vontobel?
At Vontobel, you are building better futures for our clients and society, as well as for yourself. As a family-owned and publicly listed company with over 2,000 professionals based in 28 locations globally and headquartered in Zurich, we’re committed to long-term thinking and sustainability.
Our diverse team values unique perspectives, and we hire individuals determined to deliver in a dynamic and changing world. Even if you don’t meet all the criteria, we encourage you to apply if you’re enthusiastic about the role.
Do you want to be Vontobel?
Thank you for applying to Vontobel. We will carefully review your application and will respond to you in a timely manner.
At Vontobel, we are an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability or gender identity.
We value the many voices within our teams and are committed to creating an environment where everyone who wants to be part of our performance culture can be themselves. It is based on mutual respect and zero tolerance for any form of discrimination.
If you have any questions you can contact us through our contact form.
