Credit Risk Quality Assurance Analyst, Porto Porto

Credit Risk Quality Assurance Analyst, Porto
Porto
Porto, Porto District, Portugal

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Credit Risk Quality Assurance Analyst, Porto

Client: Natixis in Portugal

Location: Porto, Portugal

Job Category: Other

EU work permit required: Yes

Job Reference: 2483fd379d4a

Job Views: 13

Posted: 09. 02. 2025

Job Description:

The Credit Risk Quality Assurance (“QA”) Analyst is part of the Credit Risk Monitoring team under Credit Risk Department management for the Americas. For
-
- day activities, the QA analyst works directly under the guidance of the “Surveillance” stream.

The QA team serves as a key control. Its purpose is to assess compliance with Natixis CIB Americas Credit Policy and Procedures and relevant regulatory guidelines through the review of the Credit Request Package of a sample of credit applications.

The QA process identifies deficiencies and discrepancies in sample files and enables continuous improvement via feedback provided to the first and second lines of defense.

The QA Analyst reviews specific aspects of credit application package: Front Office memo, Credit Analyst’s Risk Opinion, and the online credit application itself, to ensure that key data sections are populated, complete and accurate.

Essential duties and responsibilities:

• Acting as a risk and controls expert/liaison in a critical role on the QA Team
• Supporting the QA manager by enhancing risk assessment abilities and driving timely completion of QA reviews in accordance with local and global policies and procedures
• Assisting with sample selection methodologies (tiering), performing data analysis to identify inconsistencies and/or inaccuracies in documentation submitted.
• Assessing justification relevance within front office memos and risk opinions supporting probability of default ratings, regulatory ratings, and sources of repayment, all of them being indicator counterparty’s credit quality
• Validating collateral coverage calculations against internal base case and stress case scenarios, testing accuracy and substantiality of assumptions used.
• Building relationships with the credit analysts and business analysts to ensure that meaningful and
  - added reviews and recommendations are being made, post QA.
• Communicating and escalating observations, drafting recommendations, and tracking progress of remediation plans with stakeholders.
• Participating in special projects as assigned, related to risk assessment, and enhancing assessment process.
• Contributing to the QA team's effort to confirm the effectiveness of action plans or controls implemented to address risk attributes identified through ongoing validation process.
• Keeping up with current best practices regarding credit risk management/internal auditing and participating in ongoing training to enhance his/her skill set.

Qualifications:

• Master's degree from finance/accounting/risk management related major (required)
• Fresh out of university or no experience required
• Fluent Level of English (mandatory)
• CFA, FRM, or CPA (certificate holder or candidate) (a plus)
• Technical skills
  • Knowledge (some) of different credit products
  • Skills in risk assessment and data analytics (required), Financial statement analysis, Credit Risk Management knowledge, Enterprise/collateral valuation
  • Proficiency in Microsoft Office: Excel (level 3), and Power
    Point (both required). Power
    BI (a plus).
• Soft skills:
  • Effective verbal and written communication skills (required)
• Ability to solve problems, and to adapt to changing priorities

We will only consider English CVs!

Additional Information:

At Natixis, we are committed to fostering a working environment where each and every one of our people is treated with dignity and respect and where every voice is heard. Our differences make us collectively stronger and are a source of fulfilment, innovation and performance.

In the framework of its Diversity, Equity & Inclusion policy, Natixis in Portugal has implemented a Blind CV Screening process, with the purpose of reducing hiring bias. A blind CV excludes any personal details which refer to the applicant’s gender, age or ethnicity. When applying for our positions, please submit a blind CV, that is, with no picture, name, gender, age, nationality, ethnicity and address. Your personal statement, work experience, courses and certifications, education, skills and contact information is what matters to us.

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