Job Description
As a member of the credit risk team, the credit risk analyst assists the team in managing the counterparty credit risk exposure. The role involves assessing the creditworthiness of counterparties, negotiating collateral terms in conjunction with Sales, monitoring credit risk indicators, exposures, and limits, and reviewing the credit quality of iBanFirst’s counterparties on a portfolio basis.
The main goal is to ensure iBanFirst’s counterparty credit risk exposure is controlled and maintained within the risk appetite and limits.
🎯 What you will do
Providing assistance and support to the Credit Risk team in any risk-related matters, such as:
- Carrying out financial analysis on clients and liquidity providers and making recommendations that align with best practices and the group’s risk appetite.
- Managing multiple credit requests in a timely and effective fashion, producing well-researched and accurate credit reviews, and working directly with sales teams across business units to address credit requests and issues.
- Taking ownership in developing processes and procedures to limit risk and improve credit risk management efficiency.
- Preparing margin setup proposals for consideration by the client and management.
Monitoring credit risk exposures, such as:
- Ensuring that the credit risk exposure of a client is within the risk limits.
- Monitoring and reporting a client’s initial margin and variation margin position.
- Monitoring and reporting the exposure concentration of the group’s credit portfolio.
- Monitoring the progress of a margin call.
- Monitoring changing market conditions that might affect the credit quality of the group’s credit risk exposure. Providing timely alerts to the management for appropriate actions.
Creating and implementing rules and ideas to raise the business's risk management standard and the sales offices’ risk awareness.
Reporting and Communication:
- Preparing credit risk MI reports for senior management and relevant stakeholders.
- Communicating effectively with various departments to convey risk-related insights and recommendations.
- Coordinating and participating in the Credit Risk Committee and following up on all action points.
🔎 What do you bring?
- Bachelor's or Master's degree in Finance, Economics, Risk Management, or a related field; advanced degree or relevant certifications (e.g., FRM, CFA) are a plus.
- At least two years of experience in credit risk management within the financial services industry.
- Exceptional analytical and problem-solving skills with the ability to interpret complex data.
- Excellent communication and interpersonal skills.
- Ability to work in a dynamic business and simultaneously demonstrate experience working on several projects.
- Good understanding of financial products
- A “can-do” attitude and take ownership of the assigned tasks
- High standards of oral & written Romanian and English are mandatory.
- Fluency in other European languages (e.g. German, Spanish, Dutch, French, etc.) is desirable.
🏆 What do we offer?
- Various missions and projects in an innovative and rising start-up in a thriving industry (fintech)
- A key role and a unique opportunity to shape the future of iBanFirst
- A great, professional and international team with a flat hierarchy
- A nice work environment
💡 Who are we?
Founded in 2016, iBanFirst has quickly established itself as the leading alternative for businesses that trade and carry out international payments. iBanFirst offers a next-generation cross-border payment experience that combines a powerful platform and the support of FX experts. With iBanFirst, executives and finance teams can get direct access to currency markets, receive, send and track payments and develop tailored hedging strategies.
With more than 350 employees in 10 European countries, processing a volume of transactions worth more than €1.4 billion each month, and listed by the Financial Times as one of Europe's fastest growing companies, iBanFirst became in less than 10 years a trusted partner for SMEs across borders.
iBanFirst has the financial backing of the French public investment bank (bpiFrance), European venture capital leaders (Elaia, Xavier Niel), and the American investment fund Marlin Equity Partners (more than 8 billion dollars of capital under management).
Regulated by the National Bank of Belgium as a payment institution, iBanFirst is authorized to operate throughout the European Union. Member of the SWIFT network and SEPA certified, iBanFirst holds AISP and PISP accreditations under PSD2.
