SME Credit Risk Manager

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 Group’s 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.

Key Responsibilities:

Policy Development & Risk Appetite

• Framework Design: Define and maintain the SME Credit Risk Policy, aligning local market nuances with the Group’s overarching risk strategy.

• Risk Appetite: Establish and monitor Risk Appetite Framework (RAF) metrics, including concentration limits by sector, geography, and product.

• Capital Optimization: Leverage SGR (Sociedades de Garantía Recíproca) and ICO lines to optimize Risk-Weighted Assets (RWA) and improve the bank’s capital efficiency.

Credit Assessment & Decisioning

• Underwriting: Conduct deep-dive financial analysis for SME loan applications (unsecured, factoring, and future secured lending).

• Sancioning Power: Act as a senior voting member in the Credit Committee, providing "constructive skepticism" to balance commercial growth with credit sanity.

• Group Risk Management: Identify and manage Economic Group linkages to ensure consolidated exposure limits are never breached.

Systems & Technical Implementation

• Core Banking Integration: Collaborate with the Polish HQ tech teams to translate Spanish SME risk logic into the Core Banking System (UAT & Functional Requirements).

• Decision Engines: Define the logic for automated and semi-automated decision trees for "Autónomos" and micro-SMEs.

• IFRS 9 Management: Define and monitor criteria for Stage Allocation (Stage 1, 2, and 3) and Significant Increase in Credit Risk (SICR) specific to the Spanish corporate landscape.

Monitoring & Reporting

• Portfolio Quality: Monitor Early Warning Signals (EWS) to detect signs of deterioration before default.

• Regulatory Alignment: Ensure all SME lending activities comply with Bank of Spain Circular 4/2017 and EBA Guidelines on loan origination and monitoring.

• Experience: Minimum of 6+ years in SME credit risk analysis within the Spanish banking sector or leading Fintech.

• Financial Expertise: Mastery of Spanish Accounting Standards (PGC), tax returns (Impuesto de Sociedades, IVA), and cash-flow-based lending.

• Technical Skills: Proficiency in using Spanish Credit Bureaus (Experian, Equifax, CIRBE) and understanding of RAROC/RWA modeling.

• Languages: Native/Bilingual Spanish and Professional working proficiency in English (essential for HQ coordination).

• Soft Skills: Strong negotiation skills, analytical rigor, and the ability to thrive in a "start-up" banking environment.

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!