Senior Credit Risk Analyst

ING Banking; Cusano Milanino; Ibrido; EUR 50.000 - 70.000; Tempo pieno

Descrizione del lavoro

An international innovative bank is seeking a Senior Credit Risk Analyst to join their Data & Regulatory Reporting team. The role involves performing analyses of credit risk provisions, developing forecasting models, and collaborating with teams on credit portfolio risks. Candidates should have a Bachelor's degree, at least 7 years of experience, and strong skills in statistical analysis and communication. This position offers a hybrid work model and several employee benefits.

Servizi

Super flexible smart working

Competitive base salaries and performance-based bonuses

Diverse cultures & Innovative mindsets

Commitment to sustainability

Special day off on birthday (#doyourbirthday!)

Free water & coffee at the office

Competenze

• Minimum 7/10 experience in a similar position in financial institutions.
• In-depth knowledge of relevant regulations and forecasting methodology.
• Ability to develop forecasting models for expected losses.

Mansioni

• Perform in-depth analyses of credit risk provisions.
• Develop forecasting models to calculate expected losses.
• Collaborate with credit risk teams to assess risks.

Conoscenze

Statistical analysis

Problem-solving

Communication

Data management

Formazione

Bachelor's degree in Economics, Statistics, or related field

Master's degree (advantage)

Strumenti

SAS Base 9

Excel (advanced level)

Descrizione del lavoro

Overview

Senior Credit Risk Analyst to join the Data & Regulatory Reporting team within Retail Credit Risk. The team covers the full area of lending to retail/bb customers based on a portfolio approach, acting as a second line of defense. Responsibilities include regulatory reporting, credit risk cost calculation, and forecasting for retail and business banking portfolios and key regulatory bank projects.

Responsibilities

• Perform in-depth analyses of credit risk provisions, ensuring they comply with regulations and internal policies.
• Develop and maintain forecasting models to calculate expected losses for the different products, using statistical methodologies, historical data analysis, and macroeconomics forecasting trends.
• Collaborate with the credit risk teams to identify and assess risks associated with credit portfolios.
• Monitor, analyze, and report credit portfolio performance from a risk cost perspective to define optimization activities and highlight trends and areas for improvement, acting as a challenger for the search for optimizations.
• Propose and implement risk cost containment strategies through credit portfolio monitoring, helping to optimize the Bank's profitability.
• Prepare monthly/quarterly Loan Loss Provisioning reporting for both regulatory and senior management purposes, ensuring key provision trends and providing recommendations based on actual and prospective analytical data.
• Define, contribute to, and monitor the main credit risk components for pricing and ROE calculations to support the strategic definition of risk-reward optimizations, collaborating with the bank's business departments.
• Prepare risk management presentations for top management.
• Ensure the credit risk implementation of some of the bank's projects and ensure delivery within defined deadlines.
• Stay up to date on credit risk regulations, best practices, and economic trends impacting the risk environment.

Requirements

• Bachelor's degree in economics, Statistics, Computer Science, or related disciplines; a master's degree is considered an advantage.
• Minimum 7/10 experience in a similar position or related role, in financial institutions with a background in Modelling.
• In-depth knowledge of relevant regulations (e.g., IFRS 9 for accounting for expected losses) and forecasting methodology.
• Ability to develop forecasting models for expected losses and analyze risk scenarios and macroeconomic impacts.
• Ability to use statistical analysis tools and data management software (advanced knowledge of SAS Base 9, advanced level of Excel, knowledge of database, other specific software).
• Ability to evaluate and interpret financial and credit data.
• Excellent communication skills to interact with cross-functional teams and present analyses to management levels.
• Problem-solving attitude and ability to work independently and in a team.
• Ability to rapidly adapt to dynamic and evolving work environments.
• Fluent in English.

Working conditions

Location: Milan (hybrid); Working hours: Full Time; Duration: Permanent.

About ING

ING offers many opportunities to build a diverse and rewarding career. You will be joining an international innovative digital bank, the first in Italy to adopt a fully flexible smart working model, and you will be working in a stimulating environment where you can grow both as an individual and as a professional. Our purpose - empowering people to stay a step ahead in life and in business - represents our belief in people's potential. We don't judge, coach or to tell people how to live their lives. We empower people and businesses to realize their own vision for a better future.

#doyourthing is our brand direction with us each and every day. It is how we articulate our purpose and our promise to make banking frictionless to the world.

Do you think you are "a step ahead"? Apply now!

The benefits of joining ING

In addition to being a part of a great team, working in a fun and innovative environment, we offer:

• Super flexible smart working
• Competitive base salaries and performance based bonuses
• Diverse cultures & Innovative mindsets
• International Environment
• Commitment to sustainability
• Lots of training development opportunities to help you grow
• Lots of moments dedicated to physical and mental well-being
• A special day off when it is your birthday: we call it #doyourbirthday!
• And of course we can't forget: free water & coffee at the office!

Our Commitment

Diversity is a fundamental element of our corporate culture, and we are fully committed to creating a safe and inclusive environment, based on mutual respect and the value of diversity, offering equal job opportunities to all qualified candidates.