quantitative credit risk specialist

Alpha Bank is currently seeking a Quantitative Credit Risk Specialist to join the Bank’s Credit Risk and Enterprise Risk Modelling team.

As a Quantitative Credit Risk Specialist, you will be responsible for utilizing advanced quantitative techniques to assess and mitigate credit risk. You should have a quantitative background, possess critical thinking and analytical skills, and be able to perform in a fast-paced environment delivering high-quality results in a timely manner. 

What you will be doing

• Support the implementation of the Credit Impairment Policy and the individual activities of the relevant business areas and other Group Companies [Expected Credit Loss (ECL) Calculation].

• Calculate the expected loss for the portfolios that are part of securitizations, to validate the significance of the risk transfer.

• Contribute to drafting the Bank’s methodology for the calculation of the ECL and ensure its implementation.

• Prepare reports with credit risk cost estimation for the relevant Committees, for the publication of financial statements and for their submission to the supervisory authorities (FINREP).

• Prepare dedicated analysis (impact assessment, scenario analysis, forecasts) performed for decisioning purposes or planning (e.g. Business Plan, Budget etc).

What you need to have

• A Bachelor’s degree in Engineering, Finance, Econometrics, Statistics, Mathematics or in any other related field.

• A Master’s degree in any of the above disciplines is preferred.

• At least three (3) years of related work experience in credit risk systems or any related field in banking or consulting.

• Strong critical and analytical thinking skills.

• Ability to work under tight deadlines.

• Proficiency in the use of MS Office (Word, Excel, PowerPoint).

• Solid experience with statistical analysis tools (SPSS, Modeler etc)

• Experience with data visualization tools (e.g. Qlik view, Microsoft Power BI)

• Excellent command of the English language (both written and spoken).

• Continuous improvement/lifelong learning mindset.

What we offer

It’s all about our people. At Alpha Bank, you will enjoy:

• A friendly and collaborative working environment that supports taking initiative and action.

• A culture that centers around learning and continuous development and encourages everyone to bring their best self to work.

• The opportunity to challenge your thinking through your participation in complex tasks and transformation projects.

• Being part of a large organization with a leading role in the Greek economy and a strong presence in the community.

• Flexible working options.

• A competitive salary and benefits.

All applications will be acknowledged and treated in utmost confidence.