Credit Risk Analyst at iBanFirst

Madrid, Community of Madrid, Spain -

Full Time

Start Date

Immediate

Expiry Date

30 Dec, 25

Salary

0.0

Posted On

01 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Risk Management, Financial Analysis, Analytical Skills, Problem-Solving, Communication Skills, Interpersonal Skills, Project Management, Financial Products Knowledge, Risk Management, Reporting, Team Collaboration, Process Development, Market Monitoring, Bilingual Communication, Margin Management, Stakeholder Engagement

Industry

Financial Services

Description

We are looking for a credit risk analyst to support and grow our risk team. The main goal is to ensure iBanFirst’s counterparty credit risk exposure is controlled and maintained within the risk appetite and limits. What will you do: Providing assistance and support to the Credit Risk team in any risk-related matters, such as: Carrying out financial analysis on clients and liquidity providers and making recommendations that align with best practices and the group’s risk appetite. Managing multiple credit requests in a timely and effective fashion, producing well-researched and accurate credit reviews, and working directly with sales teams across business units to address credit requests and issues. Taking ownership in developing processes and procedures to limit risk and improve credit risk management efficiency. Preparing margin setup proposals for consideration by the client and management. Monitoring credit risk exposures, such as: Ensuring that the credit risk exposure of a client is within the risk limits. Monitoring and reporting a client’s initial margin and variation margin position. Monitoring and reporting the exposure concentration of the group’s credit portfolio. Monitoring the progress of a margin call. Monitoring changing market conditions that might affect the credit quality of the group’s credit risk exposure. Providing timely alerts to the management for appropriate actions. Creating and implementing rules and ideas to raise the business's risk management standard and the sales offices’ risk awareness. Reporting and Communication: Preparing credit risk MI reports for senior management and relevant stakeholders. Communicating effectively with various departments to convey risk-related insights and recommendations. Coordinating and participating in the Credit Risk Committee and following up on all action points. What do you bring: Bachelor's or Master's degree in Finance, Economics, Risk Management, or a related field; advanced degree or relevant certifications (e.g., FRM, CFA) are a plus. At least two years of experience in credit risk management within the financial services industry. Exceptional analytical and problem-solving skills with the ability to interpret complex data. Excellent communication and interpersonal skills. Ability to work in a dynamic business and simultaneously demonstrate experience working on several projects. Good understanding of financial products A “can-do” attitude and take ownership of the assigned tasks High standards of oral & written in English and Spanish are mandatory. Fluency in other European languages (e.g. French, German, Dutch, etc.) is desirable. What do we offer: Various missions and projects in an innovative and rising start-up in a thriving industry (fintech) A key role and a unique opportunity to shape the future of iBanFirst A great, professional and international team A nice work environment Who we are: iBanFirst is a fast-growing European fintech that is revolutionizing international payments for SMEs. Founded in 2016, our platform empowers Small & Medium Multinationals (SMMs) to regain control over their payment operations: currency conversion (FX), international transactions, and foreign exchange risk management across 140 countries — quickly, transparently, and securely. We make life easier for SMEs through an advanced technology platform (automation, APIs, AI…) combined with dedicated expertise, offering the best of both worlds: the agility of a SaaS solution and the reliability of a trusted partner. By simplifying complexity, iBanFirst helps thousands of bold companies seize global business opportunities with peace of mind — delivering simplicity, transparency, and security. Key figures 350+ employees across 13 offices in 10 European countries 30+ nationalities represented, average age: 32 10,000 corporate clients trust us €65M in revenue in 2024, with a target of around €85M in 2025 Profitable for nearly two years Ranked for 6 consecutive years in the Financial Times FT1000, among the fastest-growing European companies An NPS of 87.5 — an exceptional score in our industry that reflects enthusiastic client feedback on the simplicity, speed, and quality of our service A strong culture built around 4 core values Team First : The complexity of our industry demands collective intelligence. We prioritize cooperation, transparency, and knowledge sharing. Success is a team effort, and decisions are made together. Tenacity : We’re transforming a challenging and highly regulated market. It requires endurance, fast learning, and resilience — qualities rooted in our entrepreneurial DNA. Transformation : Innovation is not a buzzword; it’s a necessity in a constantly shifting and strategic sector. We innovate with intent: every technical, product, or organizational improvement is designed for real impact. Trust : Trust is the foundation of everything we build — with our clients and, above all, internally. It’s driven by ownership, autonomy, and a shared commitment to transparency, rigor, and reliability. Why join us? We operate at the heart of a strategic and fast-evolving sector: international payments for SMEs — a complex, high-potential market. We’re driven by a meaningful mission: helping bold “Small & Medium Multinationals” succeed globally. Our platform integrates cutting-edge technologies (AI, automation…), making it an ideal playground to test, learn, and innovate continuously. You’ll join an agile environment where your expertise has tangible impact, working alongside talent from top financial institutions. iBanFirst is profitable and backed by long-term investors: Xavier Niel and Bpifrance, historical shareholders, have supported and trusted us from the beginning In 2021, the entry of Marlin Equity Partners marked a new chapter in our international ambitions #LI-CH1 #LI-ONSITE

Responsibilities

The Credit Risk Analyst will support the Credit Risk team by conducting financial analyses and managing credit requests. They will also monitor credit risk exposures and develop processes to enhance credit risk management efficiency.