Credit Analyst Retail Underwriting

Aion belongs to one of the largest financial groups in Europe serving over 15 million Clients including one million businesses. We are building a new banking model that combines the speed and appeal of a fintech with the strength and stability of a universal bank. We draw on 150 years of experience and the unique expertise of our teams acting as the Groups pan-European innovation hub.

We are creating ultra-fast and transparent banking with an all-in-one application and new opportunities for all Clients - individual business and corporate.

Our greatest value is our People - a Team of creative experts who thrive in a dynamic and innovative environment. We focus on collaboration engagement and achieving ambitious goals.

Scope:Unsecured Lending (Cash Loans Consolidation Credit Cards etc.) Portugal

We are currently seeking aCredit Analyst (Retail Underwriting)based in Portugal to focusing on unsecured consumer lending products.

What you will be doing

• Review and assess credit applications:Review credit applications for unsecured retail products such as cash loans credit cards and other consumer lending products requiring manual underwriting for the Portuguese market.
  
  

• Evaluate creditworthiness:Assess applicants creditworthiness financial situation and repayment capacity using established underwriting criteria local market insights and credit bureau data ensuring alignment with the banks risk appetite and policies.
  
  

• Make decisions or recommendations:Approve decline or request additional documentation based on your analysis providing clear and well-documented rationale for each decision.
  
  

• Maintain portfolio quality:Monitor portfolio performance and ensure credit quality remains within acceptable risk thresholds. Identify early warning signals and flag potential concerns.
  
  

• Ensure compliance:Ensure all credit decisions comply with internal policies Portuguese regulatory requirements and industry best practices.
  
  

• Collaborate with other teams:Work closely with sales risk compliance and collections teams to ensure a smooth and consistent underwriting process for the Portuguese market.
  
  

• Recommend policy changes:Analyze trends portfolio performance and market developments to propose adjustments to underwriting policies and risk parameters.
  
  

• Suggest process improvements:Identify inefficiencies in manual underwriting processes and recommend solutions to improve turnaround time accuracy and scalability.
  
  

• Data querying and reporting:Use basic SQL skills (BigQuery) to analyze application data and portfolio performance prepare reports and share insights with stakeholders.(not mandatory).
  
  

• Experience:5 years of experience in retail credit underwriting (preferably within banking or financial services) with exposure to unsecured lending products.
  
  

• Strong analytical skills:Ability to assess financial data credit bureau reports and other risk indicators to evaluate creditworthiness.
  
  

• Attention to detail:Strong ability to identify risk factors inconsistencies and potential fraud indicators.
  
  

• Decision-making capability:Confidence and accountability in making credit decisions or providing clear recommendations.
  
  

• Understanding of credit risk:Solid knowledge of credit risk management principles and unsecured retail lending products.
  
  

• Basic SQL skills:Ability to query databases (BigQuery) to support reporting analysis and process improvement initiatives. (not mandatory).
  
  

• Communication skills:Clear and structured verbal and written communication especially when documenting credit decisions.
  
  

• Time management:Ability to work efficiently in a high-volume deadline-driven environment.
  
  

• Team player:Strong collaboration skills and willingness to work across functions and geographies.
  
  

• Regulatory knowledge:Understanding of retail lending regulations and compliance standards.
  
  

• Language skills:Must be able to communicate well inEnglish

• Education:Bachelors or Masters degree in Finance Economics Statistics Mathematics Computer Science Econometrics or a related field (nice to have).

Flexible Work Model: We offer a hybrid approach with a monthly allowance to support your home office costs

Health & Wellbeing: You and your closest family (spouse and dependents) will be covered by comprehensive private healthcare.

Meal Support: We help fuel your day with meal vouchers.

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!