You will have the chance to work on projects at market leading banks in such regions as Baltics, Nordics, Central Europe and even Central Asia. The work will require a combination of hard and soft skills, meaning it will provide an exciting mix of direct communication with top management of Banks, active participation in problem-solving, hands-on development of new solutions, and significant use of data & technical skills.
Your key responsibilities
- Develop, document, implement and validate analytical tools and models to manage financial risk in decision making & regulatory reporting process in the Financial Sector.
- Apply statistical, economic, financial or mathematical techniques and assumptions to business, financial, and risk management problems.
- Assist Banks & FIS in analyzing and suggesting ways to manage Financial Risks (credit, interest rate, capital, etc) and in some cases non-financial risks (AML/Sanctions, Fraud).
- Participate in assessing, designing and transforming risk operations, processes and frameworks to drive desired outcomes, including leveraging of enterprise risk assessment techniques.
- Apply depth of expertise to interpret internal / external issues to recommend quality solutions.
- Effectively work on one or more projects and/or solutions, ensuring a focus on quality and effective time management.
Skills and attributes for success
- Successful experience in the Banking sector in the areas of Financial Risk Management or Finance is mandatory.
- Hands on experience with any of the following: Credit Risk, CRR3, RWA, IFSR9, Model Risk Management, Quantitative Financial Modelling, Risk Assessments, Risk Modelling, ICAAP, ILAAP, Stress Testing, Data Analysis and Interpretation, IRRBB.
- Education in either Finance and Business, Physics, Mathematics and Statistics, IT.
- Excellent Excel, and proficient SQL or Python or R skills, with Power BI skills considered as an advantage.
- Additional experience in AML, Sanctions, Fraud areas in the Banking sector or general Big4 experience will be considered an advantage.
- Excellent Latvian and English skills as we work with international clients, any other languages will be considered an advantage.