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 Mortgage Credit Analyst 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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* Review and assess mortgage applications: Perform manual underwriting of residential mortgage applications for the Portuguese market, including property purchase and refinancing.
* Evaluate creditworthiness and affordability: Analyze applicants’ income, employment stability, debt obligations, credit bureau data, and repayment capacity in line with Portuguese mortgage lending practices and internal risk appetite.
* Collateral and property assessment: Review property valuations, LTV ratios, legal documentation, and collateral-related risks specific to the Portuguese market.
* Make decisions or recommendations: Approve, decline, or request additional documentation, ensuring decisions are well-supported and aligned with credit policy.
* Ensure portfolio quality: Monitor mortgage portfolio risk indicators and ensure adherence to portfolio quality standards.
* Ensure compliance: Ensure underwriting decisions comply with Portuguese regulatory requirements, mortgage consumer protection laws, and internal policies.
* Cross-functional collaboration: Work closely with sales, risk, legal, valuation providers, and operations teams to ensure a consistent and compliant underwriting process.
* Policy optimization: Contribute to refinement of underwriting criteria and mortgage credit policies based on portfolio performance, regulatory changes, and market trends.
* Process improvement: Identify opportunities to streamline manual underwriting processes and improve efficiency without compromising risk quality.
* Data analysis and reporting: Use SQL (BigQuery) to analyze application trends and portfolio performance, supporting data-driven decision-making. (not mandatory)
Skills you should have
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* Experience: \+5 years of experience in mortgage underwriting or secured retail lending
* Mortgage underwriting knowledge: Strong understanding of secured lending principles, affordability assessment, LTV limits, and collateral evaluation.
* Analytical skills: Ability to analyze financial documentation, income sources, credit bureau data, and property-related information.
* Attention to detail: Strong focus on accuracy and completeness of documentation.
* Decision-making capability: Ability to make sound credit decisions or provide structured recommendations.
* Understanding of credit risk: Solid grasp of mortgage credit risk management and portfolio monitoring.
* Basic SQL skills: Experience using SQL (BigQuery) for reporting and analysis.(not mandatory).
* Communication skills: Clear written and verbal communication skills in a cross-border working environment.
* 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 Portuguese mortgage and consumer credit regulations (highly desirable).
* Language skills: Must be able to communicate well in
* Education: Bachelor’s or Master’s degree in Finance, Economics, Statistics, Mathematics, or related disciplines (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 environmentOur 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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