Credit Risk & ECL Analyst

What we do?

Aion Bank is a fully regulated European bank and credit institution that combines Vodeno’s proprietary, private blockchain-based platform with its ECB banking license, balance sheet and regulatory and compliance expertise to offer a comprehensive suite of embedded banking products. 

Aion has a track record of delivering fully compliant embedded banking solutions to retailers, eCom/marketplaces, banks/neobanks and fintechs, creating a better customer experience that drives conversion, increases engagement and fosters loyalty. 

Aion Bank is currently active in Belgium, Germany, Poland and Sweden, including a  retail business in both Belgium and Poland. 

Our biggest strength is our people - a group of highly intelligent, creative, result-driven and ambitious individuals who always rise to the challenge. Together, we create a positive, energetic and fast-paced work environment. We stay professional in getting things done, but remember not to leave our passion and fun behind.

We are currently looking for a Credit Risk & ECL Analyst ready to join our adventure and share our ambition.

What you will be doing?

• Conducting credit risk provisioning calculations and fair value valuation for credit financial instruments

• Defining and implementing policies and  methodologies for ECL calculation

• Defining and implementing policies and  methodologies for ECL calculation

• Developing and maintaining IT systems/ tools supporting ECL and fair value estimation

• Performing stress tests and economic capital calculations in the area of credit risk

• Monitoring and validating input data, assumptions, and parameters used in provisioning calculations.

• Collaborating with other teams to ensure timely and compliant reporting.

• Automating data workflows and reporting processes for efficiency and accuracy.

Skills you should have

• Good knowledge of SQL

• Knowledge of Python

• Experience in data analysis, modelling for credit risk, focusing on provisioning parameters (PD, LGD, CCF).

• Understanding of fair value measurement under IFRS, particularly for credit instruments that do not pass the SPPI test, resulting in classification as FVTPL or FVOCI

• B.S. or Master's Degree in finance, statistics, computer science, mathematics, econometrics or related.

• Knowledge of IFRS9 and EBA regulations related to credit risk area.

• Fluency in English.

• Ability and openness to work in a dynamic team.

Nice to have:

• Google Cloud understanding

• Experience in visualisation tools like Looker, Reporting Services

• Git

What we offer

You will get an opportunity to work in an innovative, digital bank applying state of the art approaches and technologies. 
Unless limited by banking regulations we offer a flexible form of contract.
You will be provided an Individual Development Budget, dedicated to enhancing your professional skills.
If your role permits, we also offer flexible work location: home/office —  according to your preference. 
You and your closest family will be covered with VIP-level private medical care which includes dental treatment and a hospitalisation package. 
We care for our colleagues’ well being, therefore we cover psychological consultations if you ever feel you need such support. 
Aion bank account without fee. 
We co-sponsor your Multisport card and cover 50% of its cost. 
You will work on computer equipment that delivers the best user experience — Apple MacBook. 
If you feel like working from the office, we have beautiful space available for you in Brussels and Warsaw. Each office is very nicely located with convenient commute options by public transport and by bike. Our office in Warsaw offers healthy snacks throughout the day. 

Our process

We keep our recruiting process simple. 
Step 1: Talk with one of our Recruiters about your to date experiences and ambitions
Step 2: Meet with your future Team Manager to deep dive on the role specifics and our work environment

Our note to you

Diverse teams really are the best teams. Research shows that some candidates may hesitate to apply for a job unless they meet every requirement. If you are excited about working with us, we encourage you to apply - even if you're not 100% sure. We are interested in getting to know you and learning about what you bring to the table.

Please note that we may close a job posting early if we receive a large number of exceptional applications.

Good luck!