Corporate risk manager

About the Position

We are seeking a Corporate Risk Manager to identify and analyze risks in accordance with a bank’s legal obligations and interests. Specializing in various types of risk.

The Life of a Risk Analyst

Analyzing Funding Applications (Credit Risk)

Risk analysts may spend their days investigating funding applications submitted by account managers and customer advisers. Once they’ve analyzed the risk involved, they’ll take a position on the feasibility of the application and pass on their opinion on the related level of risk.

Anticipating and Preventing Potential Risks

To determine the ratio of risk against potential profit, risk analysts have to update, optimize and work with a wide range of different indicators, including risk mapping within their specific fields, working with sensitive risk monitoring lists, running mathematical modelling simulations, reading research papers, quantified analyses, using scoring techniques, and so on. They also have to carry out checks to verify that procedures are being followed and that any amounts of credit authorized are entirely correct.

Monitoring Standards and Procedures

Analysts oversee a range of existing procedures that need to be updated regularly. They also draft new procedures designed to protect banks from various risks. Another key part of their role is drafting incident management procedures.

Reporting Duties

Finally, analysts are responsible for developing dashboards and writing internal reports whilst monitoring the progress of banking operations and any corrective actions that have been put in place. These tasks are far from exhaustive and the scope of activity risk analysts are involved in will vary greatly according to their specialisms and place of work.

Fun Fact

It wasn’t so long ago that risk analysts were often seen as getting in the way and putting the brakes on everything. Since the Jérôme Kerviel affair in France, for example, the importance of the role has been much more widely appreciated by the public globally.

Skills

Hard Skills

• Perform clerical duties
• Financial engineering
• Analyse financial risk

Soft Skills

• Active problem identification
• Planning
• Logical reasoning

Typical Educational Background

• Masters in mathematics, statistics, banking, auditing, or finance
• Business studies background with a focus on auditing or finance
• Statistics and finance experience
• Studies related to banking

Locations

• Austria
• Belgium (Ghent, Antwerp)
• Italy (Milan)
• Germany (Düsseldorf)

We Offer

• Competitive salary
• Opportunity to work in a dynamic and impactful role
• Professional growth and development

About the Company

[Company description if present]