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Position Details
Reference No.
103334
Title
Credit Risk Systems Analyst
Category
Employment Type
Full Time
Available Positions
1
Location(s):
Nicosia
Posted On:
09/10/2019
Contact Details
Company
CareerFinders Ltd.
Contact Person
Chris Moore or Sophie Aristodemou
Address
Head Office
6th Floor, Athlos Building, 28 Nikis Avenue,
Nicosia, 1086

Nicosia
Phones
+357 22 002285
Email
jobs@careerfinders.com.cy
Job Description

CareerFinders, on behalf of our client, one of Cyprus’ largest and most highly respected Banking Institutions, we are seeking to recruit a suitably experienced and well-qualified Credit Risk Systems Analyst to join their expanding team of professionals based in Nicosia.

Key Duties/Responsibilities:
 

  • Develops models/ implements (statistical/econometric) in order to assess borrower’s credit worthiness in a reliable and objective way for retail and corporate customers (credit scoring).
  • Maintains credit rating systems and improves models / systems based on feedback from a periodic assessment of their separation / predictive capacity so that their results are valid and acceptable from the supervisory authorities.
  • Prepares relevant guidelines, procedures and manuals for models / systems, based on the Model Governance of the Bank, aiming at more efficient use / exploitation of the systems.
  • Develops and implements advanced methodologies in line with the Guidelines of the European Central Bank and the Central Bank of Cyprus for improved credit risk management (IRB Approach / Basel).
  • Designs and develops Early Warning Indicators, Strategic Defaults and Portfolio Segmentation models to manage the Bank portfolio’s credit risk and support banking units for the implementation of the Arrears Management Directive.
  • Analyzes the results of credit risk systems for the preparation of studies and longitudinal / comparative analysis of the retail and corporate banking lending portfolio in order to provide reliable and timely information on the Bank's portfolio status for the front line personnel and senior management.
  • Calculates the amount of provisions for doubtful debtors; develops models for Probability of Default, Loss Given Default and Exposure at Default and prepares calculations and reports for supervisory authorities on stress testing exercises. In addition prepares reports for internal simulation exercises of expected and stressed tests. The aim is to properly perform the stress testing exercises as described in the methodologies of the European Central Bank.

 
Key Skills/Experience:
 

  • Bachelor Degree in Mathematics, Statistics, Econometrics, Actuarial, Data Science or Financial Engineering.
  • Master Degree or PhD in Mathematics, Statistics, Econometrics or Actuarial, Data Science or Financial Engineering.
  • Previous experience in a similar role would be considered an advantage.
  • Good Knowledge of data mining statistical tools (such as SAS, E-views) will be considered as an advantage.
  • Excellent knowledge of MS Office (MS word, Εxcel, PowerPoint).
  • Excellent command of the Greek and English languages, both verbal and written.
  • Advanced Programming skills.
  • Excellent analytical and problem solving skills.
  • Excellent organizational skills and results oriented.
  • Ability to take initiative and demonstrate research interest.
  • Ability to work under pressure.
  • Teamwork and collaboration.


To apply for this vacancy, please send your CV, along with any covering letter to jobs@careerfinders.com.cy quoting the above job title. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy