Credit Risk Analyst

Finora Bank is a specialized bank dedicated to accelerating growth for micro, small, and medium-sized enterprises, and entrepreneurs. Licensed by the European Central Bank (ECB), Finora Bank offers innovative financial solutions, including loans, leasing, factoring, and guarantees, to help businesses achieve their full potential.

Based in Vilnius and Tallinn, Finora Bank has a team of 50+ professionals with extensive international experience in banking.

Join the journey of building a fast-growing bank!

CREDIT RISK MODELLER

What will you be doing?

• Develop and implement credit risk models (e.g., Probability of Default (PD), Loss Given Default (LGD)).
• Ensure models comply with IFRS 9 and other regulatory requirements.
• Validate model assumptions, back-test models, and ensure accuracy.
• Conduct stress testing to assess how economic downturns impact credit risk.
• Continuously monitor loan portfolio performance to detect early signs of deterioration.
• Track key risk indicators such as delinquency rates, default trends, and concentration risks.
• Prepare regulatory and internal reports on credit risk.

What will help you succeed?

• Master’s degree or higher degree in Finance, Economics, Data Science, or a related field.
• Strong experience with PD, LGD, EAD models, stress testing, and scenario analysis.
• Hands-on expertise with IFRS 9 framework.
• Expertise in monitoring loan portfolio performance and identifying early warning signs.
• In-depth understanding of credit risk regulations (e.g., Basel III, IFRS 9) and regulatory reporting requirements.
• Advanced data analytics & programming skills.

What do we offer?

• Join an Experienced, Professional Team: Be part of a dynamic team building a brand-new bank from the ground up.
• Opportunity to Make an Impact: Contribute to the growth of a rapidly expanding company and see the direct impact of your work.
• Competitive Salary: Earn a salary that reflects your level of experience and competencies (Salary - 3500 - 4500 eur/gross).
• Health Benefits: Access additional health insurance after probation period.
• Work-Life Balance: Enjoy flexible working hours and hybrid working arrangements that suit your lifestyle.
• Pet-Friendly Office: Bring your furry friends to our pet-friendly office.
• Office Perks: Enjoy snacks in the kitchen.
• Company Events: Participate in regular company events to foster team spirit and camaraderie.
• Branded Gifts: Receive branded gifts as a token of our appreciation for your hard work.
• Referral Bonuses: Earn attractive referral bonuses for recommending top talent to join our team.

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