Risk Management Specialist

What role you will play in team: You will be an integral part of the risk management team, focusing on credit risk within the financial institution. Your analyses will directly influence lending decisions and overall risk mitigation strategies.

What you will do: You will conduct in-depth risk assessments, develop models to predict potential losses, and create reports for senior management and regulatory bodies. This involves rigorous data analysis and close collaboration with other teams.

Key responsibility:

• Develop and implement credit risk models and methodologies.
• Conduct regular reviews of credit risk exposures and identify areas of concern.
• Assess the adequacy of collateral and other credit enhancement measures.
• Monitor and report on key risk indicators (KRIs) and early warning signals.
• Provide recommendations to senior management on credit risk mitigation strategies.
• Collaborate with other departments, such as lending and compliance, to ensure effective risk management practices.
• Stay up-to-date on industry best practices, regulatory requirements, and emerging risks.

Required Qualification and Skills:

• Bachelor's degree in Finance, Economics, or a related field.
• 2-4 years of experience in credit risk management or a related field.
• Strong analytical and quantitative skills.
• Proficiency in statistical software (e.g., SAS, R).
• Experience with financial modeling and risk assessment methodologies.
• Excellent communication and presentation skills.

Benefits Included:

• Competitive salary and comprehensive benefits package.
• Opportunities for career growth and professional development.
• A challenging and rewarding work environment.
• A culture that fosters collaboration and innovation.

A Day in the Life: You'll spend your days working with large datasets, building and testing models, collaborating with colleagues, and presenting your findings to leadership. You'll actively contribute to the bank's overall credit risk strategy and contribute to effective risk mitigation.