Retail Risk Associate

**Area**:
**GLOBAL RISK MANAGEMENT**

**Deadline for applying**:
**9/29/2024**

**Company**:
**001**

**What are we looking for?**

About you

We are looking for an enthusiastic person, who has the following characteristics:

- Team work spirit in a multinational environment with constant coordination/communication with regional and global teams.
- Strong organizational and project management skills to manage different tasks with competing deadlines
- Analytical mindset, transforming data into key messages
- Exceptional problem-solving skills and strong attention to detail
- Ability to explain complex topics in a simple and clear manner
- Proactivity and autonomy to develop different lines of work
- Flexible and interested in innovating and embarking on new projects and new ways of working.

**Qualifications**:
We are looking for graduates in Maths, Physics, Data Science, Engineering, Actuarial Science, Statistics, Economics or Management. Some aspects that may be valued:

- Master’s degree, postgraduate or PhD degree or equivalent background in a quantitative discipline.
- 1-7 years of experience in credit risk, finance, banking regulation or engineering.
- Experience in managing/analysing credit risk products and financial risk regulation.
- Experience developing and/or integrating scoring models and understanding of credit risk parameters (PD/LGD) is a plus.
- Knowledge of risk processes (admission, monitoring and collections) is a plus.
- English B2, C1 is a plus
- Strong analytical and data science skills to transform datasets into valuable insights through the analysis, management and visualization with BI tools (SQL, Python, Microstrategy) is a plus
- Advanced skills in Office package (PowerPoint, Word, Excel) and Google Office tools.

**Overview**

We are BBVA, a global bank with more than 75 million customers and a footprint that extends across more than 30 countries. We work to help people make the best financial decisions and bring the age of opportunity to everyone. We are guided by our values: the customer comes first, we think big and we are one team.

The Global Risk Management (GRM) unit has a clear strategy aimed at achieving risk adjusted profitability and recurrent value creation; using a model portfolio approach to manage the group’s activity as a basis for a better capital and a better risk management digitization framework.

You will join the GRM Retail Risk Core Service in the GRM area. We are a multidisciplinary team with 21 members working in close coordination with the local risk teams located in each of the countries where BBVA operates. Our main goal is to set and manage the Global Risk Appetite Strategy for Retail portfolios, covering the full credit life cycle (admission, monitoring and collections), thus guiding the Group’s strategy of profitable growth. We also collaborate with other Risk teams, such as GRM Analytics, and Global Portfolio Management, as well as with Client Solutions in supporting the development of business growth initiatives for retail portfolios.

About the job

homogenizing risk criteria and analysis, and supporting risk and business areas in all associated initiatives. These are some of the main tasks:

- Collaborative work with the retail risk and business teams in the geographies to assess and support the development of risk management strategies and initiatives.
- Homogenization of risk criteria and processes to support the development and monitoring of business growth initiatives. Definition of best practices from a risk perspective.
- Monitoring and assessment of the risk and profitability of the business growth initiatives.
- Set model use criteria and guidance, supporting local retail teams. In coordination with the Analytics team, design the global strategy of models’ development.
- Analysis of the impact of IFRS9 and economic capital on the management of retail portfolios, in particular on new origination decisions.
- Establishment of retail credit risk management criteria based on external regulations.
- Preparation of monitoring reports and reporting of the Group's retail portfolios and initiatives for presentation to the senior management.

**Working at BBVA**

BBVA is a global company with over 160 years of history present in 25 countries with over 81 million customers. We are more than 110,000 professionals working in multidisciplinary and diverse teams.

At BBVA, we are ahead of the transformation that is taking place in the banking sector, challenging the status quo, to make life easier to our customers.

Being part of BBVA means developing your career in one of the most innovative companies in finance.

Responsible banking

We're committed to responsible banking to help drive a more inclusive and sustainable society. The future of banking lies in financing the future.

We started out with the spirit of helping others make the best financial decisions. That spirit remains with us today and encourages us to keep moving forward, prio