Credit Risk Analyst - Financial Institutions | Risk

Company Description

Natixis in Portugal is a Centre of Expertise whose mission is to transform traditional banking by developing innovative solutions for the business, operations and work culture of Groupe BPCE worldwide. 

As part of Groupe BPCE’s international division, Natixis in Portugal designs and delivers solutions for its two core areas – Corporate & Investment Banking and Asset & Wealth Management – as well as transversal services that support all entities across the Group. 

With more than 3,000 employees representing 46 nationalities, the teams work across Information Technology, Banking Support Activities, and Compliance, in an integrated, inclusive, and cross-functional way, supporting all business lines and platforms of the Group. 

A disruptive mindset and a culture of proximity and agility identify Natixis in Portugal Team and reflect the company's mission to transform traditional banking at a global scale: a perfect match in the Portuguese dynamics and entrepreneurial ecosystem.

Job Description

The Counterparty Credit Risk Analyst will be part of the Financial Institutions Credit Risk team, which covers banks, insurance companies, broker/ dealers for EMEA. 

The FI Credit Risk team is considered the second line of defense at Natixis, and accordingly, the focus will be on the counterparty assessment of the Credit Requests the recommendation of an internal rating (based on the appropriate internal model and LGD) and the formulation of a written Risk Opinion, which may be presented to Credit Committee.

Key Requirements & Competencies

The Credit Analyst should:

• Possess a strong grasp of due diligence and analysis requirements for counterparties and complex capital markets products (including derivatives, financing, and structured transactions).
• Be able to identify, concisely describe, and mitigate the potential risk(s) of each request, with the ultimate goal of finding structured solutions to support the business while avoiding undue risks and credit loss.
• Demonstrate a high level of proficiency in MS Office products (including advanced Excel data manipulation).
• Have excellent communication (written, oral, and listening) and interpersonal skills. Skillful written communication is essential: the ability to convey complex arguments clearly and succinctly and defend risk opinions confidently in front of senior stakeholders and committees.
• Have strong analytical, critical thinking, and decision-making abilities.

Essential Duties and Responsibilities:

The Credit Analyst will be primarily responsible for providing a counterparty assessment on banks, broker/ dealers, Insurance companies; the role will include, but will not be limited to:

• In line with Natixis policies and procedures, prepare comprehensive written risk opinions and analysis; articulate a convincing, defensible case in support of the risk opinion (and rating); and constructively challenge the First Line of Defense analysis/requests.
• Recommend Credit terms and conditions within Trading Documentation (e.g., ISDA/CSA, GMRA, GMSLA).
• Stay connected with industry trends and macro issues which may impact the portfolio; be able to recommend changes or actions impacting specific clients or groups of clients.
• Have a good understanding of the regulatory environment that each of our counterparts operates in.

Qualifications

• Bachelor’s Degree from an accredited university/college in Finance, Accounting, Economics, or another business-related discipline. 
• 3 to 5 years of direct experience in Counterparty Credit Risk or Financial Institutions (FI) credit analysis within a corporate or investment bank.
• Must be fluent (written and oral) in English.
• Fluency in French is beneficial, but not essential.

We will only consider English Cv's.

Additional Information

Our workplace reflects the vibrant spirit of our locations, with initiatives such as a Green Transportation Budget, electric bikes and a flexible Hybrid Work Policy. We promote wellbeing through the Honolulu Wellness Club, a Prayer Room, a Lactation Room, and themed Villages that inspire creativity and collaboration. Through our ESG and DEI strategies, we are committed to being inclusive, caring, and fair, ensuring every voice is heard and valued.