Credit Portfolio Risk Analyst

About the role

The Europe LRD Underwriting Unit of the Institutional Credit Management organization in Budapest provides credit risk analysis, monitoring and credit administration for the CEP and/or MEA credit portfolio. The Credit Analyst supports the assessment of obligors' creditworthiness, quality-assures and completes credit assessments prepared by other business units, and prepares and submits them.

Key responsibilities

• Quality assure and complete obligors' credit assessments prepared by other business units, and prepare and submit them
• Complete Credit Approval Memo packages according to local regulatory requirements with limited supervision
• Analyse and assess risks in credit relationships and formulate recommendations for credit risk management approval
• Work with Credit Officers, Relationship/Product Managers and Traders/Salespeople to facilitate transaction approvals
• Provide credit input to standardize credit-related documents and reporting for the portfolio
• Support regional and global Risk management projects ad hoc
• Ensure Credit Risk MCA and controls are effective

Required profile

• 3-5 years of credit or related experience
• University degree in Business, Finance or Economics or equivalent is a plus
• Intermediate analytical skills, including understanding of liquidity position and leverage profile
• Good knowledge of credit products and industry characteristics (manufacturing, services, banks)
• Good understanding of loan agreements is beneficial
• English reading and speaking; French or Arabic is beneficial

Required skills

• Strong analytical and quantitative skills
• Ability to decompose transactions into core risks
• Sound risk and business judgment, including operational and franchise risk
• Good computer skills, multitasking and time management

What we offer

• Hybrid working model (up to 2 days at home per week) and a home office allowance
• Cafeteria program, paid parental leave and private medical care
• Pension plan contribution, group life insurance and employee assistance program
• Learning programs and flexible work arrangements