(Credit) Risk Analyst recruitment
The EIB, the European Union’s bank, is seeking to recruit for its Risk Management Directorate (RM) - Credit Risk and Policy Department (CRD) – Risk Policy and Pricing Division (RPP) – Counterpart Risk Modelling Mandate Management Unit (CRMMM) at its headquarters in Luxembourg, a :
(Credit) Risk Analyst
The successful candidate will report to the Head of the CRMMM Unit and work in close cooperation with the Head of the RPP Division. He/s will actively contribute to the development of risk measures and of risk reporting and to the maintenance of risk pricing policies for operations inside and outside the EU and will, in general, support the entire credit risk assessment and risk pricing process. He/she will deal with more technical aspects of risk management, working in close collaboration with the Head of Unit and with Heads of Division in Risk Management, and with colleagues in Front Office Lending and Loan Portfolio Management, as appropriate, and will also interface externally with the European Commission and other IFIs, on data pooling maintenance and on the implementation of new methodologies for the calculation of credit risk parameters, to ensure the proper assessment of credit risks.
Accountabilities
Support the credit risk assessment and risk pricing process, including:
- Develop and maintain methodology related to risk parameters, in particular for Default and Recovery Rates
- Independently assure the regular update of credit risk parameters for loan pricing
- Autonomously develop and maintain the internal and external risk database
- Analyse and comment on statistics; develop reports
- Interface with other institutions in the context of the Global Emerging Markets (GEMs) Risk Database Consortium
- Provide risk pricing information and regular reporting to the European Commission especially in the context of the Guarantee Agreement
- Proactively collaborate in the data implementation of risk management applications
- Assist management on the more technical aspects of risk management
Qualifications
- University degree in a quantitative subject (for example Maths, Physics, Statistics…) with some exposure to Finance, or in Economics or Finance with a solid quantitative background
• Minimum 5 years professional experience in Risk Management, Capital Markets or Treasury or another relevant field
- Strong knowledge of bank solvency regulations and of risk and capital management
- Proven professional experience in financial exposure quantification and reporting
- Proven experience with the main modern risk measurement methodologies and management tools
- Excellent knowledge of MS Office, especially Excel and Access, and some professional experience of VBA and SQL
• Very good knowledge of English and good knowledge of French. Knowledge of other European Union languages would be an advantage
Competencies
- Quantitative analytical capability
- Analysis and problem solving skills
- Ability to draft simply and clearly
- Capacity to work both autonomously and in a team
- Well-developed interpersonal skills and ease of contact
We believe that Diversity is good for our people and our business. We promote and value diversity and inclusion among our staff and candidates; irrespective of their gender, age, nationality, race, culture, education and experience, religious beliefs, sexual orientation or disability.