Credit Risk & ECL Analyst

Aion Bank is a fully regulated European bank and credit institution that combines Vodeno’s proprietary, private blockchain-based platform with its ECB banking license, balance sheet and regulatory and compliance expertise to offer a comprehensive suite of embedded banking products. 

Aion has a track record of delivering fully compliant embedded banking solutions to retailers, eCom/marketplaces, banks/neobanks and fintechs, creating a better customer experience that drives conversion, increases engagement and fosters loyalty. 

Aion Bank is currently active in Belgium, Germany, Poland and Sweden, including a  retail business in both Belgium and Poland. 

Our biggest strength is our people - a group of highly intelligent, creative, result-driven and ambitious individuals who always rise to the challenge. Together, we create a positive, energetic and fast-paced work environment. We stay professional in getting things done, but remember not to leave our passion and fun behind.

We are currently looking for a Credit Risk & ECL Analyst ready to join our adventure and share our ambition.

• Conducting credit risk provisioning calculations and fair value valuation for credit financial instruments

• Defining and implementing policies and  methodologies for ECL calculation

• Developing and maintaining IT systems/ tools supporting ECL and fair value estimation

• Performing stress tests and economic capital calculations in the area of credit risk

• Monitoring and validating input data, assumptions, and parameters used in provisioning calculations.

• Collaborating with other teams to ensure timely and compliant reporting.

• Automating data workflows and reporting processes for efficiency and accuracy.

• Good knowledge of SQL

• Knowledge of Python

• Experience in data analysis, modelling for credit risk, focusing on provisioning parameters (PD, LGD, CCF).

• Understanding of fair value measurement under IFRS, particularly for credit instruments that do not pass the SPPI test, resulting in classification as FVTPL or FVOCI

• B.S. or Master's Degree in finance, statistics, computer science, mathematics, econometrics or related.

• Knowledge of IFRS9 and EBA regulations related to credit risk area.

• Fluency in English.

• Ability and openness to work in a dynamic team.

Nice to have:

• Google Cloud understanding

• Experience in visualisation tools like Looker, Reporting Services

• Git

Diverse teams really are the best teams. Research shows that some candidates may hesitate to apply for a job unless they meet every requirement. If you are excited about working with us, we encourage you to apply - even if you're not 100% sure. We are interested in getting to know you and learning about what you bring to the table.

Please note that we may close a job posting early if we receive a large number of exceptional applications.

Good luck!