Provisions Credit Risk Analyst - SCIB

Provisions Credit Risk Analyst - SCIB

Country: Spain

SCIB is looking for an Provisions Credit Risk Analyst for our offices in CGS, Boadilla del Monte.

WHY YOU SHOULD CONSIDER THIS OPPORTUNITY

At Santander CIB actively participate in the transformation of the financial sector. Do you want to join our team?

Santander Corporate & Investment Banking (SCIB) is the global division of Santander that supports complex and sophisticated corporate and institutional clients around the world, offering customized services and value-added wholesale products to better meet their needs.

We embrace a strong risk culture and expect our entire team, regardless of their position, to have a proactive and responsible attitude toward risk management.

Santander is proud to be an organization where there is equal opportunities, regardless of race, sex, religion, age, sexual orientation, marital status, disability, nationality or gender identity.

WHAT WILL YOU DO

You will join the Preventive Management team comprised of 10 colleagues with their unique and compatible focus and the drive to make changes, seek opportunities, and offer a helping hand. Being part of a Global Unit having both portfolio and indebt file knowledge, this will give you a global impact and an international, diverse, and never dull work environment.

As part of the team and as a Provisions Credit Risk Analyst you will be responsible for the calculation of IFRS 9 provisions within the perimeter of SCIB’s Global Books and Branches, in which our main role is to ensure rigorous control and monitoring of the processes involved in this calculation, in compliance with current regulatory standards.

The objective is to guarantee the accuracy of the provisioned amount and its correct integration into the accounting systems. Given that this is a critical task with significant impact on the P&L account, the control environment is particularly demanding. Therefore, it is essential that all processes are properly documented and maintain full traceability, to appropriately respond to potential requests from third parties such as the supervisor (JST), as well as external and internal auditors.

Looking forward meeting you!

We need someone like you to help us in different tasks including:

Management of processes and controls related to the provisions engine (Modellica).

Preparation and automation of internal-use reports, aimed at improving efficiency and information quality.

Technical and operational support to the Risk and Finance areas in Branches, as well as to other Group units, including Intervención General and other Global Areas.

Business support in the analysis of new initiatives and in addressing queries related to provisions.

Assurance of compliance with the applicable governance and regulatory framework for provision reporting and approval.

Participation in functions related to the model ownership of the quantitative SICR criterion for SCIB.

Preparation and submission of regulatory reports, including EBA Stress Test, EBA Benchmark, and ad-hoc requests from supervisors such as the ECB and JST.

EXPERIENCE

1–2 years of experience in data analysis and exploitation, with knowledge of Python. Experience in regulatory exercises and familiarity with Risk/IFRS 9 is a plus.

EDUCATION

Degree in Mathematics, Statistics or Business Administration.

SKILLS & KNOWLEDGE

Quantitative and analytical background, specialized in data management and process automation.

Programming in Python

Analytical skills

Advanced proficiency in Excel and Power Point

English

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Req1481274