Credit Risk Analyst

Location: Madrid, Spain; hybrid work with an expectation to be in the office at least three days per week

Salary: €42,000–€70,000 gross annual base salary for a full-time role, plus potential performance-based annual bonus.

Company

hirify.global provides reinsurance, insurance, and insurance-based risk transfer solutions, with hirify.global Corporate Solutions serving large and midsized multinational corporations.

What you will do

• Perform in-depth credit analysis and internal rating assessments of corporate obligors across industries and geographies.
• Evaluate financing structures and transaction risks, then provide actionable recommendations to underwriters.
• Recommend credit limits aligned with risk appetite, policies, and governance standards.
• Monitor existing exposures, identify deteriorating risks, and recommend watchlist or mitigation actions.
• Partner with underwriting, risk management, and actuarial teams across regions.
• Improve credit processes and contribute to data-driven, AI-enabled transformation initiatives, tools, methodologies, and credit frameworks.

Requirements

• 6–10 years of experience in credit analysis and related credit work.
• Relevant business degree or postgraduate qualification such as an MBA, CFA, or Chartered Accountant qualification.
• Strong quantitative and analytical skills, with experience in financial spreading, financial projections, and credit application documentation.
• Good command of English, Spanish, and German is required.
• Knowledge of global macroeconomics, financial markets, and credit-related products.
• Experience forming and defending independent credit opinions and risk ratings, with strong Excel and database management skills.

Nice to have

• Knowledge of corporate loans, structured financing, and trade finance products.
• Experience assessing complex corporate groups, ownership structures, subsidiaries, asset or fund managers, and private equity or venture capital firms.
• Knowledge of agency rating methodologies, risk analytics, and quantitative credit analysis.
• Digital transformation project experience.
• Good command of French.

Culture & Benefits

• Global Credit Product Centre supporting Credit & Surety underwriting, risk analytics, portfolio insights, pricing, and portfolio steering.
• Hybrid work model with regular collaboration across regions and functions.
• Inclusive workplace supporting equal opportunities and professional development.
• Potential eligibility for an attractive performance-based annual bonus.
• AI-powered tools may support application review, with final decisions made by people.