Quantitative Risk Consultant – Spain and EU OperationsPrometeia is a general firm of quantitative experts and software engineers, dedicated to applying financial modelling, economic research, and data science to solve complex business and regulatory challenges.
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Our mission is to combine academic excellence with industry experience by integrating macroeconomic research, quantitative analysis, business consulting, and software development.
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This distinctive mix of competencies has made Prometeia a leading company in Risk, Asset, and Wealth Management solutions across Europe, Africa, and the Middle East.As a leading provider of Risk Management solutions in the European market, Prometeia is expanding its presence in Spain by strengthening its Quantitative Risk Modelling Team in Madrid.
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We are seeking experienced professionals with expertise in Pillar I Internal Models and in the assessment of Credit and Counterparty Risk governance.To this end, we are seeking an experienced professional to contribute to the growth of the Quantitative Risk Modelling Team in Spain and support Prometeia's activities in the Spanish market.PROMETEIA PRESENCE IN IBERIA Prometeia's strategy for Iberia builds on its established expertise across other European markets, where it has consistently supported 40+ systemic banks and the European Central Bank with advanced risk management advisory and technological solutions.
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Spain in particular presents many similarities with markets where Prometeia is already a leader, particularly in the growing demand for digital transformation, regulatory-driven innovation, and the integration of advanced analytics into financial decision-making.
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Leveraging these parallels, Prometeia brings a strong track record in combining quantitative modeling, cutting-edge technology, and specialized advisory, offering Spanish clients a proven partner for navigating complexity.
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The unique mix of deep domain knowledge, innovative platforms, and long-term collaboration with leading European financial institutions positions Prometeia to deliver value and sustainable growth in Iberian evolving financial landscape.RESPONSIBILITIESThe successful candidate will collaborate with a specialized team of business consultants and risk advisors, contributing to multiple projects across different European countries.
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In addition, he or she will contribute to the growth of Prometeia's ERM activities in Madrid, supporting the development of quantitative risk modelling capabilities and collaborating with senior team members on selected initiatives in the Iberian market.
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The selected candidate will be offered a career path involving projects in multiple European countries, along with the opportunity to work in a dynamic, stimulating environment that promotes professional growth and rewards achievements.Key responsibilities for the role in the Iberian context are:Contribute to the development of the Quantitative Risk Management Team in Madrid, supporting mentoring and knowledge sharing with junior resourcesSupport client engagements in Spain and Portugal, contributing to proposal preparation and project executionInteract with key stakeholders in the Iberian financial ecosystem as part of project activities and ongoing client relationships.Key responsibilities for the role in the European context include:Coordinating project streams related to Credit Risk model development / validation and Credit Risk processes for major European banking institutions Developing innovative solutions in Credit Risk modelling for both regulatory and managerial purposes, particularly in the field of Model Governance, Model Validation, AI/ML ModelsSupporting supervisory activities (e.g., On-Site Inspections, Internal Model Investigations) for regulators, with responsibilities tailored to the candidate's seniority.Experienced professionals bring the expertise needed to create lasting impact for our clients and our company.
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Prometeia is not a typical management consulting firm: we provide deep industry- and discipline-specific knowledge, amplifying our impact and shaping the future for our clients.Our professionals are recognized experts who provide day-to-day contribution in complex client projects and regulatory processes, working closely with Partners and Senior Partners.
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They ensure timely delivery that meets or exceeds expectations, leveraging Prometeia's distinctive expertise.Prometeia's culture is strongly oriented towards methodological innovation.
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Our mission is to embed best practices developed in collaboration with top-tier clients and regulators across Europe.CORE COMPETENCES REQUIREDIdeal candidates will have 2–7 years of experience in Credit Risk Management, within the banking sector, academia or consultancy firms, in one or more of the following areas:Development and/or validation of models (PD, LGD, EAD)Analysis and interpretation of BCBS, EBA, and ECB regulationsIRB Gap