Senior Credit Risk Analyst – IFRS 9 / ECL Modeling (SAS Expert) - Freelance

Job Description

Senior Credit Risk Analyst – IFRS 9 / SAS (Freelance Mission)

Our client, a leading captive auto finance company based in the Brussels periphery (Kortenberg area), is looking for a Senior Credit Risk Analyst to strengthen its IFRS 9 credit risk team for a 4-month full-time mission.

Mission overview

• Duration: ASAP – 31/08/2026 (4 months, full-time)

• Location: Kortenberg (Brussels periphery)

• Remote: No remote option – fully on-site

• Contract: Freelance

Your Mission

As a Senior Risk Analyst, you will play a key role in driving the IFRS 9 credit risk framework, ensuring accurate ECL calculations, robust model performance, and high-quality regulatory reporting.

Key Responsibilities

• Calculate and monitor Expected Credit Losses (ECL) across portfolios (loss allowances, cost of risk, etc.)

• Manage IFRS 9 staging: DPD monitoring and stage migration analysis

• Develop, monitor and validate risk parameters (PD, LGD, EAD), including model development, calibration, backtesting and periodic validation

• Monitor and validate scorecards

• Prepare and validate IFRS 9 data: ensure data quality, perform data checks, and organise data delivery to reporting tools

• Analyse and explain provisioning movements (volume, portfolio mix, parameter changes, stage migrations, write-offs, recoveries)

• Prepare internal and external regulatory reporting

• Ensure governance and coordination with Controlling and Accounting; manage methodological changes and obtain required approvals

• Maintain IFRS 9 documentation and ensure regulatory compliance

• Coordinate cross-functionally with Collections, Litigation and other relevant departments to identify root causes of credit risk developments

• Contribute to and oversee risk and compliance initiatives within the organisation

Required Profile

• 4 to 7+ years of experience as a Credit Risk Analyst or Quantitative Risk Analyst in banking, leasing or captive finance

• Expert-level knowledge of IFRS 9 – Financial Instruments (ECL, staging, PD/LGD/EAD modelling)

• Expert-level proficiency in SAS (model development, backtesting, data processing)

• Strong analytical mindset with the ability to communicate complex risk drivers to senior management

• Proven experience in provisioning movement analysis and regulatory reporting

• Fluent English (full professional proficiency) – mandatory

• Dutch OR French at professional working proficiency level – strongly valued

Nice to Have

• Experience in auto finance, leasing or consumer finance

• Proficiency in SQL and/or Python for data manipulation

• Academic background in econometrics, statistics, mathematics, actuarial sciences or quantitative finance

• Exposure to model validation frameworks and regulatory audits (ECB / NBB)

Interested? Apply directly via Collective with your latest CV and availability.