Who are we?
Novicap is an end-to-end working capital solutions provider focused on enabling CFOs/Finance teams of SMEs to pay their suppliers and collect from their customers. This includes short-term credit (factoring, supply chain finance and loans) and payment automation solutions.
With offices in Barcelona and Madrid, we are currently looking for a Senior Risk Analyst who wants to join our team. You will take ownership of credit underwriting & monitoring activities at Novicap with the view to reduce and mitigate the impact of credit and fraud risk. Given that providing financing to SMEs and mid-market corporates is core to our vision, managing credit and fraud risk is crucial to Novicap’s continued success.
Sounds interesting? Keep reading

Your mission
As mentioned, you will take ownership of credit underwriting & monitoring activities at Novicap.
In order to achieve your mission, you will:
- Execute end-to-end risk analysis for new and existing clients (Corporate Rating/Risk Basket and Direct Risk assignment) using the Novicap Platform and external tools.




- Perform fraud checks and operational viability filters before deep financial analysis.
- Assess and value third-party credit assignments (recurrent cash flows or contracts) using Novicap’s Collateral methodology.
- Approve transactions within assigned attributions or prepare comprehensive "Risk Reports" to elevate complex cases to the Underwriting Manager or the Underwriting Committee.
- Manage daily alerts via the Early Warning System (e.g. CIRBE changes, tax debts, unpaid bureaus) and resolve account blocks in coordination with Operations.
- Ensure all assigned Debtors and Suppliers have valid, up-to-date Risk Reports, based on the relevant frequency (from quarterly to annually, depending on the case).
- Participate in weekly or monthly coordination with other teams (e.g. Collections, Operations, Commercial) and document lessons learned in internal documents.

In doing so, you will contribute to the achie

📌 Senior Risk Analyst (Madrid)
🏢 Who are we? Novicap
📍 Madrid