Alpha Bank is currently seeking a quantitative analytics professional to join the Credit Risk Methodologies function. This is an excellent opportunity for the jobholder to accelerate his/her career growth by joining one of the most vital and fast-growing functions within the Risk Management Division.

The ideal candidate should be self-motivated and able to perform in a fast-paced environment delivering high-quality results in a timely manner. The jobholder will have an analytical profile and should be rigorous, well-organized and have a results-oriented mindset.

Responsibilities:

Performs / assists or project manages the development and maintenance of credit risk models: Spearheads / supports the development and refinement of a suite of retail and wholesale credit risk models (e.g. PD, LGD, Rating, CCF) for the bank’s risk management function.
Engages multiple stakeholders across the bank providing analyses and technical information related to Credit Risk Models (e.g. management, business units, internal and external audit, regulators, validation team).
Performs models backtesting and monitors the appropriateness of the credit risk models and discusses findings with the risk working group.
Ensures that model changes or new models are accurately implemented in the Bank’s systems by supporting the UAT process.
Drafts model documentation covering justification of modelling assumptions and side analysis, in alignment with the Bank’s policies, best practices and regulatory standards.
Actively supports in regulatory and/or internal exercises (e.g. ICAAP, EU Wide Stress tests, RAF).
Performs any additional duties/ ad hoc analysis related to the management of credit risk and credit risk methodologies.

Qualifications:

Bachelor’s degree and/or Master’s degree in Mathematics, Statistics, Risk Management, Finance or in any other related discipline with quantitative content.
Programming skills: knowledge / experience in understanding, developing and execuding of codes (e.g. R, Python or SQL).
Two (2) years work experience, preferably with Credit Risk Models (IFRS 9, ICAAP, Scorecards).
Experience in similar quantitative analysis/ modelling positions in the financial services or in the consulting sector is considered an advantage. Applicants who satisfy the rest mandatory requirements, are also encouraged to apply.
Ability to analyze, interpret and provide meaningful recommendations for decision making
Self-motivated and outcome oriented, with sense of responsibility for own work, having the ability to work under tight deadlines while prioritizing and handling multiple assignments.
Proficiency in the use of MS Office (Word, Excel, PowerPoint).
Strong verbal and written communication skills in Greek and English.

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Credit Risk Methodologies Officer

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