Senior Credit Risk Analyst (Fintech)

Location: Riga, Latvia; hybrid work model.

Salary: €3,000–€4,500 gross per month.

Company

hirify.global is a fast-growing fintech and payments business with a team of 500+ people and four offices worldwide.

What you will do

• Assess and monitor merchant and counterparty credit risk across industries, including Deferred Delivery Merchants and other higher-risk sectors.
• Quantify exposure and define reserves, security deposits, settlement terms, collateral requirements, and other mitigation measures.
• Calculate IFRS 9 expected credit losses, maintain PD, LGD, EAD, staging, provision matrix, and forward-looking macroeconomic assumptions.
• Develop and apply risk-based pricing, analyse risk-adjusted portfolio profitability, and recommend repricing and mitigation actions.
• Maintain credit policies, scoring models, approval matrices, delegated authorities, and tiered assessment workflows.
• Prepare credit memos, limit recommendations, portfolio reporting, board risk committee materials, planning assumptions, and audit documentation.

Requirements

• At least 3 years of experience in credit risk, counterparty risk, or credit analysis; banking or merchant acquiring experience is preferred, with payments, fintech, trade finance, or credit insurance also considered.
• Hands-on IFRS 9 ECL experience, including calculations, staging, PD/LGD/EAD inputs, and defending the methodology to auditors.
• Strong financial statement analysis skills, including reading accounts, building cash flow views, and assessing counterparty solvency.
• Experience with risk-based pricing or a proven ability to link risk grading to commercial terms, reserves, and collateral.
• Advanced Excel skills and comfort working with incomplete or inconsistently classified transaction data.
• Excellent knowledge of English.

Nice to have

• Experience with Deferred Delivery, prepaid, or future-service merchant exposure, including travel, airlines, ticketing, events, or subscriptions.
• Understanding of card scheme rules covering chargebacks, reserves, and merchant underwriting.
• Experience developing and scaling a credit function or framework.
• Familiarity with bank counterparty and jurisdiction risk assessment.

Culture & Benefits

• Hybrid work model in Riga.
• Access to the company Academy and compensation for additional training and courses.
• Performance-based bonuses tied to achieved KPIs.
• Loyalty Days based on tenure and an additional paid birthday day off.
• Health insurance including dental coverage, five Health Leave days per year, and access to a private office gym.

Hiring process

• The recruiting team will contact candidates and guide them through the next steps.