This position is part of a multidisciplinary team responsible for managing financial risks within the organization. The successful candidate will be responsible for maintaining, developing and validating credit risk models in line with regulatory requirements.
Key Responsibilities
Maintain and develop the current credit risk methodology and related documentation.
Provide entities with the Credit Risk Tool for the calculation of required solvency capital.
Update model parameters and assess their impact.
Perform back testing to assess the adequacy of the model.
Validate studies and sensitivity analysis on the model.
Support local entities for the calculation of credit risk.
Requirements
The ideal candidate will have strong knowledge of Solvency II framework and regulation, as well as high insurance and financial risk management awareness. They should also possess financial and actuarial risks modelling abilities, deep knowledge of financial theory and strong IT and software development skills.
This role offers the opportunity to work in a dynamic and international environment, with a company that promotes diversity and inclusion. The benefits include a flexible work arrangement, allowing for hybrid work, in the office and from home.
About Us
We are a global organization committed to social and environmental causes. We celebrate each new hire by taking action for global reforestation : we plant a tree for every recruitment. Our values are built around respect, integrity, and excellence.
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Financial Specialist • Madrid, Madrid, SPAIN