Head of Portfolio Steering

About the role

A leading regional financial group, focused on digital transformation and innovative banking solutions, is looking for a Head of Portfolio Steering. The role leads a department within the Portfolio Credit Risk, Policy & Decisioning sector, reporting to the Head of the Sector. It builds the group's credit risk analytics and early warning function from the ground up, acting as the analytical and governance bridge between portfolio data and strategic credit risk management. This is a second line of defence role, with no individual credit decisions.

Key responsibilities

• Build and operationalise the department, its processes, routines and team culture, and develop three Team Leads (Business Rule Engine, Portfolio Analytics & Monitoring, Early Warning System) through a coaching style.
• Own the portfolio monitoring framework across all segments and IFRS 9 stages, and the group's consolidated credit risk view and reports.
• Govern the rule architecture and change process for automated credit decisions in retail, micro and SME segments, and monitor rule performance.
• Own the unified early warning system framework across retail and non-retail segments, including triggers and escalation.
• Oversee NPE monitoring, ECL and LGD sensitivity analyses and portfolio inputs to the Group Risk Appetite Statement.
• Represent the department in governance bodies and supervisory interactions, including the SREP cycle.

Required profile

• University degree in a quantitative field (economics, finance, mathematics, statistics or quantitative risk management); a Master's degree is preferred.
• At least 10 years in credit risk, quantitative risk management or risk analytics in a bank or financial institution.
• Experience in a second line of defence credit risk function and leading a team of quantitative analysts or credit risk specialists.
• Full professional proficiency in English; knowledge of Slovenian is an advantage.

Required skills

• Deep understanding of credit risk measurement (PD, LGD, EAD, ECL, CoR) and IFRS 9 staging.
• Strong statistical reasoning and knowledge of EBA GL/2020/06, EBA GL/2017/11, ECB NPL Guidance and CRR credit risk requirements.
• Understanding of business rule engines and credit scoring systems; BCBS 239 is an advantage.
• Ability to design governance frameworks, lead teams through change, and communicate clearly with senior management, risk committees and supervisors.

The position is full-time for an unlimited period with a 6-month probation period. Applications are made through the executive search firm BOC Institute by sending a CV and short cover letter.