Junior Credit Risk Analyst

ING Bank N.V.; Milano; In loco; EUR 30.000 - 40.000; Tempo pieno

Descrizione del lavoro

A leading international bank in Milan is seeking a Junior Credit Risk Analyst to support the Wholesale Banking & Lease Credit Risk Team. In this role, you will monitor portfolio performance, prepare reports, and review credit proposals. Candidates should have a degree in a quantitative discipline and be fluent in English and Italian. Strong analytical and communication skills are essential. This position offers the opportunity to develop a solid understanding of corporate credit in a competitive environment.

Competenze

• Fluent in English and Italian.
• Capacity to identify key issues and write clear summaries.
• Data-savvy with strong digital and analytical skills.

Mansioni

• Monitor and report on all portfolios accurately and completely.
• Prepare documentation and monitor Loan Loss provisions committee activities.
• Review and approve internal credit ratings.
• Review selected credit proposals to ensure proper evidence of risks.

Conoscenze

Financial statement analysis

Data analysis

Problem solving

Effective communication

Planning

Formazione

Degree in a quantitative discipline (preferably banking or finance)

Descrizione del lavoro

Job Description

The Junior Credit Risk Analyst will work in the Wholesale Banking & Lease Credit Risk Team, reporting to the Head of Credit Risk Management.

Within the Credit Risk Management Department, he/she will contribute to monitoring the overall portfolio performance and evolution, preparing and reviewing specific reports for stakeholders on individual clients, overall portfolios, or loan loss provisions. The role involves reviewing and assessing specific credit and business proposals presented by front office representatives, assessing credit ratings, and collaborating with the CRM team to adhere to Risk Appetite and group policies.

Over time, the Credit Risk Analyst will develop a thorough understanding of corporate credit matters within an international and competitive business environment.

Key Responsibilities

• Monitor and report on all portfolios accurately and completely, including regulatory reporting.
• Prepare documentation, monitor, and report on Loan Loss provisions committee activities.
• Ensure data quality at both individual file and portfolio levels.
• Follow up on covenants and collateral monitoring.
• Review and approve internal credit ratings.
• Check loan documentation, ensure approvals are in place, and conditions are respected.
• Ensure correctness of facilities input and overall data quality.
• Verify completeness of approvals and conditions.

Financial and Business Analysis of Potential Clients

• Review selected credit proposals to ensure proper evidence of credit and financial risks.
• Contribute to the preparation of credit advice and recommendations.
• Participate in or recommend approval mandates for specific loan proposals.
• Ensure adherence to applicable policies within the Bank.

Meetings and Stakeholder Engagement

• Attend meetings within the Bank and with auditors.
• Engage with stakeholders, provide feedback on personnel, packages, and processes.
• Clarify expectations from front office counterparts regarding content, quality, and timelines.

Requirements

• Degree in a quantitative discipline (preferably banking or finance); some experience is welcome but not mandatory.
• Ability to understand financial statements of corporate borrowers (quantitative skills are a plus).
• Capacity to identify key issues and write clear summaries.
• Fluent in English and Italian.
• Data-savvy with strong digital and analytical skills.
• Problem solver with an entrepreneurial attitude.
• Drive for results and pragmatic approach.
• Effective communication skills.
• Good planning and organizational skills.
• Strong sense of accountability; delivers on promises and takes ownership.