Portugal - Lisbon - Branch
Full-time
Permanent employee

What we do?
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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.

We are looking for a Credit Analyst (Retail Underwriting) to join us at this pivotal moment, share our vision, and help shape the future of European banking.What you will be doing?
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Scope: Unsecured Lending (Cash Loans, Consolidation, Credit Cards, etc.) – Portugal

We are currently seeking a Credit 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 bank’s 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).
Skills you should have
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* 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 in
* Education: Bachelor’s or Master’s degree in Finance, Economics, Statistics, Mathematics, Computer Science, Econometrics, or a related field (nice to have).
What we offer
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You will get an opportunity to work in an innovative, digital bank applying state of the art approaches and technologies.

We provide our team members with Apple MacBooks to ensure a seamless work and superior user experience.
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.Our process
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We keep our recruiting process simple.

Step 1: Talk with one of our Recruiters about your to date experiences and ambitions

Step 2: Meet with your future Team Manager to deep dive on the role specifics and our work environment

Our note to you
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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!

About us
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