Credit Risk Modelling

Allianz Services is part of Allianz Group, one of the world's leading insurers and asset managers and has succeeded in becoming one individual business segment by combining various businesses from different parent companies. Allianz Services is running service delivery operations in Romania, India, Mauritius and Morocco as well as is operating Consulting hubs in Germany, USA, Italy, France and Singapore with almost 6000 colleagues globally.

Allianz Services Romania has a key role in the transformation of the Group by improving operations and creating a superior experience for customers, offering actuarial, financial, IT, HR and governance services. Our team counts over 1000 passionate professionals whose main assets are the expertise and top qualifications, combined with multilingual skills, ranging from English, German, French and Italian, to Portuguese, Spanish and Romanian.

At Allianz Services Romania, we aim to attract best talents and create an inspiring environment for our people to develop, while unceasingly caring for our community and for shaping a better future together!

Job role

Credit Risk Modelling - Support Allianz SE Group Credit Risk Management Team on data validation for credit risk modelling, quality assurance of financial and market data, automation of data quality processes around credit risk data.  

What you will do

• Support the client Allianz SE – Group Credit Risk Management team in various data quality activities for credit risk processes and calculations .
• Lead monthly data quality assurance of financial and market data that serves as input for the central credit risk processes of the AZ Group.
• Perform ad-hoc data quality assurance requests on Credit Risk data, including review an correction of subsidiary / parent structures, asset sizes, credit ratings, assignment to correct segments and countries of domicile.
• Contribute to implementation, review and improvement of automated data quality processes around Credit Risk data.
• Build and maintain strong relationships externally and internally with colleagues, providing support and insight on risk topics.

• Motivation to learn and develop in an international team
• Strong analytical skills with attention to details
• Good communication skills
• Customer orientation
• Effective cooperation with the team, partially remote
• Self-organization to meet deadlines
• Ability to work in a fast-pace international environment
• Ability/willingness to travel abroad if required

• Master’s degree in Finance / Insurance / Economics / Statistics / Mathematics / Business Administration 
• Experience in insurance/finance area with focus on credit risk management/financial analysis/controlling.
• In particular an understanding of global capital market structures around credit investments: types of issuers and segments, typical financial instruments, credit ratings.
• Ability to work with and analyse comprehensive data sets
• MS Office, including Outlook, Word and PowerPoint skills, advanced level in Excel
• Programming (e.g. R, Python and VBA) as well as Data visualization (e.g. PowerBI) experience is a plus
• Fluent English (written and spoken)

• Fixed salary compensation along with fixed benefits.
• Flexible benefits that can be individually customized, so that they best suit your needs.

• Additional vacation days (work tenure, Allianz tenure, special events, Paid day for child medical check-up)
• Rewards and Recognition Program (Team Excellence Award, Anniversary Awards, Above & Beyond Awards, Thank you for your contribution!)
• Complete training curricula available (tailored courses): International Certifications (Agile, Lean Six Sigma, Prince, ITIL, IFOA, ACCA, IACCM etc.), Comprehensive Leadership Programs, LinkedIn Learning, German Language Courses for any level
• All you can read with Bookster
• Share Purchase Plan
• Allowances for special events (Birth Allowance, Losing a Family Member)
• Flexible working environment (work from home, hybrid)