Credit Risk Analyst

Location Malta
Job Type Permanent
Salary €40,000 to €50,000
Reference 26244

Credit Risk Analyst

The Credit Risk Analyst will be a member of the Risk & Underwriting Team reporting directly to the Risk and Underwriting Manager and provide support to the company globally. They will work closely with team members and the Manager on a wide range of day-to-day issues including but not limited to;

 

Responsibilities:

  • Review of new merchant applications with the objective of identifying the financial risks the company may be exposed to.
  • Working closely with the underwriting officers to get an overall view of a merchant application.
  • Ongoing reviews of merchant accounts to ensure processing is still in line with expectations ensuring the company are properly secured by sufficient collateral.
  • Assess merchant’s financial position through proper financial statement analysis.
  • Setting merchant collateral to mitigate financial risk.
  • Regular liaison with various departments to understand and explain the risk exposed by new and existing merchants.
  • Preparation of regular reports for internal and external stakeholders.
  • Maintain and adjust Credit Risk Assessment in line with the Credit Risk and Risk Appetite Policy of the company.
  • Developing new monitoring structures to identify negative trends in both merchant’s and portfolio’s performance.
  • Preparation of visual monthly reports to facilitate the explanation of Risk findings.
  • Take necessary measures to minimize the credit risk exposure of the company as guided by senior management.
  • Keep abreast with the latest updates in the various card scheme rules and regulations
  • Maintaining ongoing relationships with the various stakeholders and keeping them up-to-date with any updates within the Risk framework of the company.
  • Liaise with other departments in view of making existing processes more efficient whilst constantly looking out for new and improved ways to streamline processes and workloads.

 

Key Requirements:

  • Be Degree qualified in Banking & Finance, Statistics, Economics or related discipline.
  • Have experience within the payment industry, acquiring experience is beneficial but not necessary, and within Credit Risk.
  • Have advanced Excel Knowledge.
  • Ability to read, analyze, and interpret business financial statements
  • Be excellent at communicating – Both verbal & in writing.
  • Fluent in English.
  • Be able to work under minimum supervision.
  • Naturally have a flair for the intuitive and investigative nature of the role.
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