Quantitative Financial Risk Manager

The Quantitative Risk Manager, part of Convera's Financial and Regulatory Risk team, will play a crucial role in helping management understand and manage financial and regulatory risks through quantitative and qualitative assessments, enabling informed decisions, efficient resource allocation, and effective risk mitigation.

You will be responsible for:

• Quantitative Financial Risk Analysis: Perform detailed quantitative analyses on financial risks using statistical and mathematical models, providing insights and recommendations to support decision-making processes.
• ICARA Report Support: Perform Capital Risk evaluation based on internal Risk models using R-Code.
• Integration with Global Framework: Ensure the proper integration of the financial risk management program within the Enterprise-level risk management framework, escalating and discussing key risks at the group level.
• Maintain Financial Risk Registers: Maintain the entity/country/region/global level risk registers and produce risk reporting as appropriate.
• Risk Interpretation and Mitigation: Provide practical interpretation, application, and mitigation of risk to resolve issues raised across the organization.
• Strategic Projects: Deliver strategic projects to enhance the company risk culture.
• Other Duties: Perform other duties as assigned.

You should apply if you have:

• Minimum of 5-7 years of experience in a complex consumer financial services organization, including at least three years in quantitative risk management or consultancy.
• Proficiency in quantitative analysis and risk modeling using R and /or Python.
• Comprehensive understanding of FX Hedging /payment products, services, and operations (or equivalent in other financial services organizations).
• Strong analytical skills, capable of analyzing root causes of business risk issues.
• Good project management skills, with the ability to coordinate various projects with diverse participation.
• FRM/PRM or CFA Certification is a plus

About Convera

Convera is the largest non-bank B2B cross-border payments company in the world. Formerly Western Union Business Solutions, we leverage decades of industry expertise and technology-led payment solutions to deliver smarter money movements to our customers – helping them capture more value with every transaction. Convera serves more than 30,000 customers ranging from small business owners to enterprise treasurers to educational institutions to financial institutions to law firms to NGOs.

Our teams care deeply about the value we bring to our customers which makes Convera a rewarding place to work. This is an exciting time for our organization as we build our team with growth-minded, results-oriented people who are looking to move fast in an innovative environment. 

As a truly global company with employees in over 20 countries, we are passionate about diversity; we seek and celebrate people from different backgrounds, lifestyles, and unique points of view. We want to work with the best people and ensure we foster a culture of inclusion and belonging.

We offer an abundance of competitive perks and benefits including: 

• Market competitive monthly gross salary starts of 4,500 EUR
• Opportunity to earn an annual bonus 
• Great career growth and development opportunities in a global organization
• A flexible approach to work (6-10 days per month in the office)
• Generous insurance (health, disability, life) 
• Paid holidays, time-off, and leave policies for life events (maternity, paternity, adoption)
• Work from abroad Policy
• Paid volunteering opportunities (5 days per year)

There are plenty of amazing opportunities at Convera for talented, creative problem solvers who never settle for good enough and are looking to transform Business to Business payments. Apply now if you’re ready to unleash your potential.

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