Credit Risk Senior Analyst

Summary

Join Deel's Global Risk Management team as a Credit Risk Senior Analyst. This crucial role involves developing and overseeing credit risk strategies, frameworks, and processes. You will assess and mitigate credit exposures, optimize risk models, and provide actionable insights. Collaboration with various teams is essential for developing metrics and delivering accurate data. The position requires a strong background in financial risk management and a passion for solving complex credit-related challenges. This is an exciting opportunity to contribute to a rapidly growing company.

Requirements

• Bachelor’s degree in Finance, Economics, Business, or a related field
• Work Experience: 5-7 years of experience in credit risk management, financial risk analysis, or related roles within banking, financial services, or fintech industries
• Expertise in credit risk management frameworks, including credit scoring models, stress testing, and portfolio risk assessment
• Demonstrated experience integrating credit risk frameworks into business processes and decision-making
• Advanced understanding of financial regulations, credit products, and payment services
• Strong analytical and complex problem-solving skills, with experience in statistical analysis and modeling
• Familiarity with risk-related technologies and tools, such as Risk Management Information Systems (RMIS) and actuarial tools

Responsibilities

• Develop and Maintain Credit Risk Policies: Draft, maintain, and update credit risk policies, procedures, and frameworks aligned with the organization’s enterprise risk management (ERM) strategy and regulatory requirements
• Credit Risk Assessment and Analytics: Conduct in-depth credit risk analysis, including evaluating counterparties, customers, and portfolios. Analyze credit exposure, concentration risks, and creditworthiness to inform decision-making
• Model Development and Validation: Develop and validate credit risk models, including probability of default (PD), loss given default (LGD), and exposure at default (EAD) models
• Implementation of Key Risk Indicators (KRIs): Support the implementation and monitoring of KRIs and other metrics to measure and track credit risk effectively
• Stakeholder Collaboration: Work with finance, operations, and other teams to develop appropriate metrics and deliver relevant and accurate data for credit risk management
• Risk Reporting: Prepare comprehensive credit risk reports for governance committees, boards, and other stakeholders. Ensure that reporting aligns with regulatory requirements and internal standards
• Credit Portfolio Management: Monitor and manage credit portfolios, identifying emerging risks and recommending strategies to mitigate potential losses
• Regulatory Compliance: Ensure adherence to relevant financial regulations and guidelines, maintaining up-to-date knowledge of changes in the regulatory landscape
• ERM Alignment: Collaborate on enterprise-wide risk initiatives, such as risk appetite frameworks, RCSAs, and risk education programs, to foster a strong risk-aware culture
• Process Optimization: Leverage data and tools to identify trends in credit losses and recommend process improvements to reduce exposure and enhance profitability

Preferred Qualifications

• Professional certifications such as CFA, FRM, or CRM
• Proficiency in SQL, Python, or other analytical tools for data analysis and modeling
• Experience defining program requirements and leveraging data-driven insights to optimize credit risk processes
• Strong project management skills with the ability to lead cross-functional initiatives

Benefits

• Provided computer equipment tailored to your role
• Stock grant opportunities dependent on your role, employment status and location
• Additional perks and benefits based on your employment status and country
• The flexibility of remote work, including WeWork access where available