Financial Risk Specialist/Senior specialist
Financial Organization
012 -5961868
2000-2500 AZN
Job Description
Responsibilities :
ESSENTIAL DUTIES include the following.
• Participating in the development and implementation of credit risk strategies, policies, and procedures to ensure sound lending and collection practices, and minimize credit losses;
• Analyzing customer, business and portfolio data to identify trends, patterns, and potential credit risks;
• Assessing credit risk models and methodologies to ensure accuracy, effectiveness, and compliance with regulatory requirements and industry best practices;
• Monitoring credit risk exposures and portfolio quality and structure, and developing risk mitigation strategies to address identified risks;
• Collaborating with internal stakeholders, including sales, underwriting, and collections teams, to implement credit risk management initiatives and optimize credit risk decisions;
• Providing credit risk expertise and guidance to senior management, including recommendations on product terms, credit policies, underwriting criteria, and portfolio management strategies;
• Contributing to the development and implementation of financial risk management tools and analytics, including vintage, roll rate analysis etc., to enhance risk oversight and effectiveness;
• Assessing financial risks using mathematical and statistical methods;
• Participating in the development of stress-testing framework and conducting stress-tests;
• Financial assessment of strategic and major third-parties;
• Calculating and reporting on a monthly basis Key Financial Risk Indicators and Country Risk Early Warning Indicators.
Requirements :
COMPETENCIES
• Strong interpersonal, communication and presentation skills.
• Strong business management and negotiating skills.
• Ability to collaborate effectively with cross-functional teams and stakeholders.
• Detail-oriented and able to work independently.
• Strong analytical and problem-solving skills.
QUALIFICATIONS
• Strong understanding of credit risk principles, methodologies, and regulatory requirements.
• Strong knowledge of financial statements and financial risk concepts.
• CERM, FRM or other financial risk management certifications are preferred.
Education & Experience
• Bachelor Degree in Economics, Business, Finance, Management or related field (master degree is preferred).
• Minimum 2 years of experience in Financial Risk Management (experience in credit risk is preferred) or related field in credit institutions.
Language Skills
• Fluency in Azerbaijani
• Good command of the English.
Computer Skills
• Proficiency in MS Excel (knowledge of other analytical and data visualization tools is preferred)
KEY RELATIONSHIPS
• Sales Unit
• Centralized Data Processing Unit
• Underwriting Unit
• Branch network
• Collection & Recovery Unit
• Finance Department
• MIS unit