Scope: Unsecured Lending (Cash Loans, Consolidation, Credit Cards, etc.) – Portugal

We are currently seeking a Credit Analyst (Retail Underwriting) based in Portugal to focusing on unsecured consumer lending products.

What you will be doing?

• Review and assess credit applications: Review credit applications for unsecured retail products such as cash loans, credit cards, and other consumer lending products requiring manual underwriting for the Portuguese market.
  
  

• Evaluate creditworthiness: Assess applicants’ creditworthiness, financial situation, and repayment capacity using established underwriting criteria, local market insights, and credit bureau data, ensuring alignment with the bank’s risk appetite and policies.
  
  

• Make decisions or recommendations: Approve, decline, or request additional documentation based on your analysis, providing clear and well-documented rationale for each decision.
  
  

• Maintain portfolio quality: Monitor portfolio performance and ensure credit quality remains within acceptable risk thresholds. Identify early warning signals and flag potential concerns.
  
  

• Ensure compliance: Ensure all credit decisions comply with internal policies, Portuguese regulatory requirements, and industry best practices.
  
  

• Collaborate with other teams: Work closely with sales, risk, compliance, and collections teams to ensure a smooth and consistent underwriting process for the Portuguese market.
  
  

• Recommend policy changes: Analyze trends, portfolio performance, and market developments to propose adjustments to underwriting policies and risk parameters.
  
  

• Suggest process improvements: Identify inefficiencies in manual underwriting processes and recommend solutions to improve turnaround time, accuracy, and scalability.
  
  

• Data querying and reporting: Use basic SQL skills (BigQuery) to analyze application data and portfolio performance, prepare reports, and share insights with stakeholders.(not mandatory).
  
  

• Experience: +5 years of experience in retail credit underwriting (preferably within banking or financial services), with exposure to unsecured lending products.
  
  

• Strong analytical skills: Ability to assess financial data, credit bureau reports, and other risk indicators to evaluate creditworthiness.
  
  

• Attention to detail: Strong ability to identify risk factors, inconsistencies, and potential fraud indicators.
  
  

• Decision-making capability: Confidence and accountability in making credit decisions or providing clear recommendations.
  
  

• Understanding of credit risk: Solid knowledge of credit risk management principles and unsecured retail lending products.
  
  

• Basic SQL skills: Ability to query databases (BigQuery) to support reporting, analysis, and process improvement initiatives. (not mandatory).
  
  

• Communication skills: Clear and structured verbal and written communication, especially when documenting credit decisions.
  
  

• Time management: Ability to work efficiently in a high-volume, deadline-driven environment.
  
  

• Team player: Strong collaboration skills and willingness to work across functions and geographies.
  
  

• Regulatory knowledge: Understanding of retail lending regulations and compliance standards.
  
  

• Language skills: Must be able to communicate well in English

• Education: Bachelor’s or Master’s degree in Finance, Economics, Statistics, Mathematics, Computer Science, Econometrics, or a related field (nice to have).

Flexible Work Model: We offer a hybrid approach with a monthly allowance to support your home office costs

Health & Wellbeing: You and your closest family (spouse and dependents) will be covered by comprehensive private healthcare. 

Meal Support: We help fuel your day with meal vouchers.

Diverse teams really are the best teams. Research shows that some candidates may hesitate to apply for a job unless they meet every requirement. If you are excited about working with us, we encourage you to apply - even if you're not 100% sure. We are interested in getting to know you and learning about what you bring to the table.

Please note that we may close a job posting early if we receive a large number of exceptional applications.

Good luck!