Credit Analyst (Retail Underwriting)

Aion Bank is a fully regulated European bank and credit institution combining Vodenos cuttingedge private blockchainbased platform with its ECB banking license strong balance sheet and deep regulatory expertise. Our mission is to provide a comprehensive suite of embedded banking solutions enabling businesses to seamlessly integrate financial services into their offerings.

As part of the UniCredit Group Aion Bank and Vodeno will accelerate their digital banking offer in strategic markets and will act as a sandbox for innovation for the wider UniCredit Group. Aion Bank and Vodenos existing BankingasaService (BaaS) offering across key European markets includingGermanyandPoland will see the bank embed its services ranging from account access and deposits to lending payments and loyalty programs directly into nonbanking digital platforms facilitating seamless customer experiences.

At Aion Bank ourbiggest strength is our peoplea team of highly intelligent creative and ambitious professionals who thrive in a fastpaced innovative environment. We believe in delivering results while fostering a culture of passion and collaboration.

• Review and assess credit applications: You will be responsible for reviewing credit applications for products such as cash loans credit cards and other retail banking products that require manual underwriting.

• Evaluate creditworthiness: Utilize established criteria to evaluate the applicants creditworthiness financial status and repayment capacity ensuring that decisions align with the banks risk appetite and policies.

• Make decisions or recommendations: Based on your analysis you will recommend or make decisions on whether to approve decline or request additional documentation for the credit application.

• Maintain portfolio quality: Monitor and ensure that the overall quality of the credit portfolio remains at acceptable levels by adhering to risk management guidelines and providing insights on any potential concerns.

• Ensure compliance: Ensure all credit decisions adhere to regulatory requirements bank policies and industry best practices.

• Collaborate with other teams: Work closely with sales risk and collections teams to ensure a smooth and consistent underwriting process addressing any issues that may arise.

• Recommend policy changes: Evaluate current credit policies and provide recommendations for relaxing or tightening underwriting criteria based on trends portfolio performance and industry developments.

• Suggest process improvements: Identify areas within the manual review process where efficiency can be improved. Recommend and implement solutions to streamline workflows and enhance overall process effectiveness.

• Data querying and reporting: Use basic SQL skills to query bank databases via BigQuery for reporting purposes analyzing data related to credit applications and portfolio performance. You will prepare reports and provide insights to inform decisionmaking and identify trends or issues.

• Experience: Minimum 25 years of experience in retail underwriting (preferably banking experience) i.e. practical experience in assessment of retail credit applications.

• Strong analytical skills:Ability to analyze financial statements credit reports and other relevant data to evaluate an applicants creditworthiness.
  Attention to detail:Ability to identify key risk factors and potential issues in credit applications and documentation.

• Decisionmaking capability:Confidence and responsibility in making credit decisions or providing clear recommendations on whether to approve decline or request additional information.

• Understanding of credit risk:Knowledge of credit risk management principles financial products (such as loans and credit cards) and the ability to maintain portfolio quality by identifying early warning signs of credit issues.

• Basic SQL skills:Ability to query databases using SQL (BigQuery) to analyze data generate reports and extract key information that supports decisionmaking and process improvements.

• Effective communication skills:Strong verbal and written communication skills to provide clear rationale for decisions and recommendations to internal stakeholders.

• Time management:Ability to work efficiently and meet deadlines in a fastpaced highvolume environment.

• Team player:Ability to collaborate effectively with other teams ensuring smooth and efficient underwriting and risk management processes.

• Regulatory knowledge:A solid understanding of financial regulations and compliance requirements related to retail lending ensuring all decisions adhere to regulatory standards.

• Process improvement mindset: A proactive approach to identifying inefficiencies and suggesting improvements to make the manual review process more efficient and effective

• Relevant academic qualification: B.S. or Masters Degree in finance statistics computer science mathematics econometrics or related (Nice to have)

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 youre 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!