Credit Risk Manager

SCOR; Île-de-France; Sur place; EUR 70 000 - 90 000; Plein temps

Résumé du poste

A global reinsurance company is seeking a Credit Risk Manager in Île-de-France to oversee credit risk management for its asset portfolio. The candidate will be responsible for identifying risk signals, reporting to management, and ensuring compliance with IFRS9 standards. Ideal candidates will have 5-10 years in risk management, strong analytical skills, and bilingual proficiency in French and English. This position offers a critical role in ensuring the creditworthiness of investments and mitigating financial risks.

Qualifications

• 5 to 10 years of successful experience in risk management.
• Ability to manage credit risks on various asset types.
• Strong ability to document processes.

Responsabilités

• Identify early warning signals of credit quality deterioration.
• Report on material drivers of credit risk.
• Contribute to quarterly reporting to management.

Connaissances

Credit risk management

Financial analysis

Interpersonal skills

Analytical capabilities

Bilingual (French & English)

Formation

Bachelor's degree in economy, finance or equivalent

Professional certification in Finance

Outils

MS Office (VBA)

SQL

Power BI

Bloomberg

Moody's Analytics

Description du poste

Job Summary

The Credit Risk Manager is in charge of all topics related to credit risk on SCOR invested assets portfolio with a strong focus on financial risks that may arise in a foreseeable future due to evolution of issuers risk profile or market deterioration. SCOR’s assets are invested worldwide and in a broad range of asset classes. Credit exposures cover mainly fixed income securities, loans and securitized products but can also be linked to off balance sheet exposures. You will help us to better manage the invested assets portfolios by monitoring its creditworthiness as well as proposing actions to mitigate any risk that may arise. You will be involved in the IFRS9 credit risk process and to fostering best practice in Credit Risk Management.

You will work closely with the other team members of the Group Investment Office and with various other stakeholders (asset managers, accountants, IT, Group Risk coverage team, auditors…).

Key duties and responsibilities

Credit Risk and reporting

• Identify early warning signals of deterioration of credit quality (on a sectoral or individual names basis)
• Report on material drivers of credit risk, provide explanations based on robust analysis
• Contribute to regular reporting to top management level on a quarterly basis in connection with Group Risk Management (Risk report, dashboard)
• Produce sectorial and geographical analysis, with specific focus on banks and cyclical exposure (Fixed Income and Loans)
• Ratings monitoring for main exposure and riskiest assets (Loans and Fixed Income)

IFRS9

• Participate to the quarterly landing and closing of Expected Credit Losses calculation based on SCOR methodology using Moody’s Analytics solution (Impairment calc)
• Participate actively to the IFRS9 accounting run
• Ensure the correct application of IFRS9 staging rules of the Group
• Monitor the riskier exposures
• Link with Moody’s Analytics solution teams regarding the model upgrades and updates

Required experience & competencies

Experience :

• 5 to 10 years of successful experience of risk management in financial markets or equivalent
• Ability to manage credit risks on various types of assets
• Expertise in process design and control and strong ability to document processes
• Ability to report clearly on complicated technical or business credit topics to senior management

Personal Competencies :

• Strong analytical capabilities, rigor
• Good interpersonal skills and multicultural awareness and sensitivity
• Ability to build efficient relationships with various stakeholders
• Strong interest in financial markets
• Fluency in french & english (written & spoken)

Digital Competencies :

• MS office (VBA), SQL basic knowledge, Power BI
• Not necessary but a plus : Bloomberg, Moody’s analytics Credit Edge, Impairment Calc

Required Education

• Educated to bachelor’s degree level Experience, bac +5 in economy, finance or equivalent (business school, engineer…)
• Professional certification in Finance would be a plus