Credit Risk Manager

We are looking for a highly analytical and experienced Credit Risk Manager. The ideal candidate will have extensive experience in the consumer credit sector, with a strong focus on underwriting both retail and corporate portfolios. You will be responsible for evaluating creditworthiness, managing risk provisions, and ensuring full compliance with regulatory reporting standards.

Responsibilities

• Credit Underwriting: Perform comprehensive credit analysis and decision-making for both Retail and Corporate applicants, ensuring alignment with the company’s risk appetite.
• IFRS 9 Stage Management: Oversee the Credit Reclassification process, ensuring assets are accurately categorized into Stages according to international accounting standards and Default Definition
• Regulatory Reporting: Lead the preparation of reports regarding asset quality, stage migration, and "Non-Performing Exposure" (NPE) ratios for regulatory authorities.
• Reporting: delivering regular reports to the top management on risk exposure and the adequacy of the bad debt reserve
• Portfolio Monitoring: Analyze consumer credit trends and performance indicators to identify early warning signs of credit deterioration.
• Policy Development: Contribute to the refinement of credit policies and scoring models to optimize the balance between growth and risk.

Qualifications

The minimum requirements we are seeking:

• Proven Experience: Minimum 5+ years in Credit Risk with specific expertise in IFRS 9 impairment frameworks.
• Technical Knowledge: Deep understanding of Credit Risk triggers and the qualitative/quantitative criteria for credit reclassification.
• Regulatory Expertise: Familiarity with EBA (European Banking Authority) guidelines on management of non-performing and forborne exposures.
• Analytical Background: Ability to interpret PD (Probability of Default), LGD (Loss Given Default), and EAD (Exposure at Default) models across different credit stages.
• Full professional proficiency in English (written and verbal) is mandatory.

Additional Information:

The Company is committed to diversity and equality of opportunity for all and is opposed to any form of less favourable treatment or harassment on the grounds of race, religion or belief, sex, marriage and civil partnership, pregnancy and maternity, age, sexual orientation, gender reassignment or disability.

This position is based in Rome, and it is expected the successful candidate will be able to attend the Rome office for typically 4 days a week and remain flexible on the days they are required to attend the office according to business requirements.