Quantitative Credit Risk Management Expert

illimity; Milano; In loco; EUR 45.000 - 70.000; Tempo pieno

Descrizione del lavoro

A leading bank is looking for a skilled professional in its Credit Risk Unit to develop and implement credit risk measurement models. This role involves analyzing client creditworthiness, managing defaulted loans, and creating strategies to mitigate risk, ensuring compliance with banking regulations. Applicants should have a solid educational background in economics or similar fields and at least three years of relevant experience.

Competenze

• Proven experience (+3 years) in credit risk and banking supervision.
• Ability to define and implement second-level controls.
• Flexibility and problem-solving skills required.

Mansioni

• Design and implement credit risk measurement models.
• Develop controls for creditworthiness and manage defaulted loans.
• Prepare reports for governance bodies.

Conoscenze

Problem Solving

Teamwork

Financial Statement Analysis

Business Economics

Structured Finance

Fluent English

Formazione

Degree in Economics

Degree in Statistics

Degree in Physics

Degree in Mathematics

Degree in Engineering

Strumenti

Excel

PowerPoint

Descrizione del lavoro

A key role within the Bank for the dissemination and recognition of risk culture.

Job Description

You will join the Credit Risk Unit, which is responsible for designing and implementing credit risk measurement models and ensuring their proper use in compliance with prudential and accounting regulations as well as the Bank’s credit policies. Within the team, you will work on developing controls related to the creditworthiness of the Bank’s clients and the management of defaulted loans, analyzing and interpreting the results obtained, and preparing reports for governance bodies. Additionally, you will be involved in the development, monitoring, and review of credit parameters, actively seeking innovative solutions from both a technical and technological perspective. You will interact with the Origination teams to understand the nature of the risks you will be tasked with measuring.

Requirements

• Degree in economics, statistics, physics, mathematics, engineering
• Knowledge of business economics, financial statement analysis, and structured finance
• Proven experience (+3 years) in defining and implementing second-level controls in the field of credit risk and banking supervision regulations
• Flexibility, problem solving, and teamwork inclination
• Good knowledge of Office Package (Excel and PowerPoint)
• Fluent English

Salary

A Total Reward package commensurate with your level of experience, which includes, among other components, a Gross Annual Salary ranging from € to €.

Additional Job Description

Through its functions, the Risk department ensures the implementation of the process by which risk is identified, assessed, and measured, reported, and controlled. Subsequently, with the support of business units, the relevant strategies to manage / mitigate the risk are identified and developed, with the aim of implementing and aligning with the Group's Risk Appetite Framework.