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Credit Stress Test Associate

Company:  ALPHA BANK
Date:  21 Oct 2025
Location: 

ΑΘΗΝΑ, GR

Job Posting Expiration Date:  31/10/2025

 

At Alpha Bank we are shaping the future of banking in Greece.

 

Through our large-scale Transformation Program, we are changing the way we operate, the way we deliver results and the way we service our Customers.

 

  • We understand our Customers’ needs and design experiences around them.
  • We work in partnership and invite diversity of skills and perspectives.
  • We are forward-thinking and drive continuous improvement.
  • We make things happen; we execute quickly and focus on what is essential.

 

If you are a change enthusiast who sets ambitious goals and works with a sense of purpose, we want to get to know you!

 

Join our team #AlphaBank

 

#WeAreAlpha #EnablingProgress #AlphaCulture #ValuesThatLead #OneTeamOnePurpose

 

Purpose

 

As a Credit Stress Test Associate, you will support the execution of the Bank’s ICAAP and Stress Test processes. You will be responsible for the calculations and preparation of the required submissions, ensuring accuracy, consistency, and compliance with regulatory standards. Your work will contribute to the assessment of the Bank’s credit risk profile, capital adequacy, and overall financial resilience.

What you will be doing

 

  • Support the execution of ICAAP activities, including detailed economic and normative perspective assessments for Credit Risk
  • Participate in the execution of internal and supervisory stress test exercises, ensuring robust analysis and interpretation of Credit Risk metrics
  • Perform quantitative analyses to assess the impact of different macroeconomic scenarios on credit portfolios
  • Prepare submission packages and supporting documentation for regulatory and internal stakeholders, ensuring completeness and accuracy
  • Prepare business specifications and provide input for the calculation infrastructure, supporting process automation and data integrity
  • Participate in the review of Pillar I RWA calculations for Credit Risk to ensure quality assurance on regulatory metrics
  • Contribute to the review and enhancement of Pillar II methodologies, including securitization risk evaluation
  • Collaborate with cross-functional teams to align stress testing and ICAAP activities with the Bank’s broader risk management framework

 

 

What you need to have

 

  • A Bachelor’s degree in Finance, Economics, Econometrics, Statistics, Mathematics, or another related field
  • A Master’s degree in Mathematics, Statistics, Finance, or a related discipline (preferred)
  • Up to three (3) years of experience in ICAAP and Stress Testing for Credit Risk, preferably in the banking or financial sector
  • Strong understanding of credit risk models, RWA calculations, and regulatory capital frameworks under CRR/CRD
  • Proficiency in MS Office (Excel, Word, PowerPoint) and familiarity with data analysis tools or programming languages such as SQL, VBA, Python, or R
  • Excellent analytical and quantitative skills, with strong attention to detail and accuracy
  • Strong written and verbal communication skills in Greek and English, with the ability to summarize technical topics clearly
  • A proactive and collaborative mindset, with strong organizational and project management skills

 

What we offer

 

It’s all about our people. At Alpha Bank, you will enjoy:

 

  • A friendly and collaborative working environment that supports taking initiative and action
  • A culture that centers around learning and continuous development and encourages everyone to bring their best self to work
  • The opportunity to challenge your thinking through your participation in complex tasks and transformation projects
  • Being part of a large organization with a leading role in the Greek economy and a strong presence in the community
  • Flexible working options
  • A competitive salary and benefits

 

All applications will be acknowledged and treated in utmost confidence.

Apply now »