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 SME Credit Risk Analystto 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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The SME Credit Risk Analyst is responsible for evaluating the creditworthiness of small and medium-sized enterprises. You will perform deep financial analysis, assess business viability, and make informed credit decisions or recommendations. Your role is to manage the risk-reward balance, ensuring a high-quality loan portfolio while supporting the growth of our digital lending platform through expert human-in-the-loop intervention.



Key Responsibilities:* Credit Underwriting \& Decisioning:

+ Perform comprehensive financial analysis of SMEs, including P\&L, Balance Sheet, and Cash Flow assessment.
+ Evaluate "Complex Cases" that exceed automated scoring thresholds, providing expert judgment on credit applications.
+ Analyze CRC (Central de Responsabilidades de Crédito) reports to assess current indebtedness and repayment behavior.
* Financial Statement Analysis:
+ Interpret Portuguese accounting documents (IES and Balancetes) with focus on EBITDA, Debt-to-Equity, and Liquidity ratios.
+ Use Informa D\&B or other bureau data to identify Ultimate Beneficial Owners (UBO) and potential inter-company risks (group exposure).
* Risk Mitigation \& Structure:
+ Propose appropriate credit structures, including collateral requirements, personal guarantees, or specific covenants to mitigate identified risks.
+ Review and validate the "Affordability" and DSTI for SME owners and their businesses.
* Portfolio Monitoring:
+ Monitor the performance of the SME portfolio, identifying early signs of deterioration in specific sectors or individual clients.
* Feedback Loop for Automation:
+ Provide regular feedback to the Process Analysts to refine automated scoring models based on observed manual override patterns.
Skills you should have
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* Experience: \+5 years of experience in SME 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.
* Analytical \& Critical Thinking: Ability to "look beyond the numbers" to understand the business model and market position of the borrower.
* 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

Step 3: Meet with Head of CountryOur 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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