Credit Risk Modeller

Prometeia; Fatih; On-site; TRY 180,000 - 300,000; Full time

Job summary

Prometeia is seeking a Junior Consultant for its Istanbul office to support risk management projects for financial intermediaries. You will work with a dedicated team on credit risk modelling, including PD, LGD, EAD, IFRS 9, and Credit VaR, and contribute to model validation and advisory activities.

The role requires 1-3 years in credit risk modelling, a strong mathematical background, and fluent English. Proficiency in Python and/or R is essential, and there is a clear pathway for training and

Qualifications

• 1-3 years of experience in credit risk modelling.
• Bachelor’s degree with excellent marks in economic/financial, statistical or engineering subjects.
• Experience in the use of mathematical/statistical computing software or other data mining skills.
• Excellent command of English.
• Proficiency and hands-on experience in coding with Python and/or R.

Responsibilities

• Join a specialized team in Istanbul working on credit risk modelling and advisory projects for financial intermediaries.
• Support project managers in activities related to PD, LGD, EAD, IFRS 9 models and Credit VaR.
• Contribute to model validation and credit risk advisory tasks.
• Assist in AI credit risk applications.

Skills

Credit risk modelling

English

Data mining

Python

R

Education

Bachelor’s degree in economics/finance/stat/engineering

Tools

Python

R

Job description

Are you curious and ready to accept a new challenge in your career? Are you eager to join a dynamic company and bring innovation through your work and skills?

Prometeia offers you opportunities for growth and training in a Group with over 1000 professionals working for more than 500 clients in 20 countries around the world.

Among the European leaders in Enterprise Risk Management and Wealth & Asset Management solutions, Prometeia is looking for a Consultant for its Istanbul office. The selected candidate will support project managers and join teams specialized in risk management, operating on consulting projects for the main banking and financial intermediaries groups.

MAIN TASKS

The successful candidate will join a specialized team based in Istanbul, operating within credit risk modelling and advisory projects for financial intermediaries. The junior consultant shall support the project managers in the management of the activities relating to the following areas:

• Development and implementation of risk parameter estimation (PD, LGD, EAD), satellite and ECL (IFRS 9) models;
• Development and implementation of portfolio models (Credit VaR) and stress testing;
• Model validation
• Credit risk advisory
• AI credit risk applications

REQUIREMENTS

The ideal candidate has:

• 1-3 years of experience in credit risk modelling
• Bachelor’s degree with excellent marks in economic/financial, statistical or engineering subjects
• Experience in the use of mathematical/statistical computing software or other data mining skills
• Excellent command of English
• Proficiency and hands-on experience in coding with Python and/or R.

SOFT SKILLS

• Excellent communication and relational skills
• Strong analytical skills with acute attention to detail
• Time management skills

LOCATION

Istanbul

OTHER

The selected candidate will be offered a career path that may include trips abroad as well as the opportunity to work in a stimulating and dynamic environment, strongly oriented towards the enhancement of resources according to the objectives attained.

WHAT WE OFFER: COMPENSATION, WELFARE & BENEFIT

Our history, as well as the future, is based on the value of our people. The biggest investment at Prometeia is in our people, and it concerns every aspect of professional life. We call it ‘Total Compensation’ and is made up of Compensation - consisting of a fixed and a variable component -, an important Welfare Plan, active since 2015 – we have been among the first to introduce it in Italy - and Benefits, which include all the initiatives undertaken for the well-being of our people.

REMOTE WORKING

Flexibility is an intrinsic value of the way we work. At Prometeia, smart working is an organizational method based on trust, which results in benefits in terms of work/life balance, impact on the environment and optimization of company results, through autonomy and empowerment of people.

PEOPLE PROGRAM

Our evaluation system is based on the full enhancement of people and their continuous dialogue as a stimulus for regular, mutual professional and personal growth. Transparent discussions between managers and team members are set up within the projects, where reciprocal and timely feedback is exchanged. The process is fully digitalized and aimed at continuously improving the development trajectory of the individual and the company.

TRAINING

Prometeia means ongoing training. We provide an average of 11 days of training per year to our people, in person and online. Particular attention is paid to younger colleagues, who are the protagonists of dedicated growth programs, and to the continuous sharing and internal transfer of know-how and skills. On-the-job training is also important, through immediate and direct confrontation with the market.

WIN/WIN POLICY

If you are one of our employees, and you recommend a person who is later recruited, you are entitled to a financial bonus! This is an important opportunity to contribute to the growth of Prometeia as a whole, by attracting acknowledged market professionals and new tech talents.

PHYGITAL MANAGEMENT

Through the dedicated app Pr(Home)teia, we have completely digitalized and integrated the management of our physical and virtual environments. Access to the office, smart working, workstations, meeting rooms, car pooling… everything is just a click away.

COMMUNITY

Our Community is extremely diverse, as are the skills of the people who are part of it and who share its values, and the individuals and organizations that are directly or indirectly involved in our activities. Clients, People of the Group, Alumni, Institutions, Academia, non-profit entities with which we actively collaborate, are stakeholders representing a great value for us, in terms of trust and collaboration.

DIVERSITY

We promote and respect equal opportunities and consider differences as a value. Diversity & Inclusion are fundamental values: from the selection phase to everyday life, also through dedicated training moments to develop individual sensitivities and unicities.

IMPACT

We responsibly take an active role towards the environment, the territories and the communities in which we operate. Our Headquarter in Bologna has obtained the Leed Gold Certification, one of the highest awards that recognizes the performance of the building in terms of energy and water savings, reduction of CO2 emissions, improvement of the ecological quality of the interior, materials and resources used. In the Sustainability Report we report the results achieved within the 17 Sustainable Development Goals (SDGs) of the 2030 Agenda that, drafted by the United Nations in 2016, we have been supporting since 2020.