Swiss Re is one of the world's leading providers of reinsurance and insurance, with over 160 years of experience in helping make the world more resilient. Are you passionate about financial analysis and eager to make a meaningful impact in a general environment? Join our Credit & Surety team, where your analytical expertise will directly influence underwriting decisions and support clients across global markets.

As we continue to transform the credit insurance business through AI, data-driven insights and innovative solutions, we are looking for talented professionals to be part of this journey. We are looking for a high-performing Credit Risk Analyst to join the Credit Product Centre (CPC) in Madrid. This role sits at the heart of underwriting decision-making and offers a unique opportunity to work on complex credit transactions across geographies and sectors.

You will combine fundamental credit analysis with commercial insight to support underwriting decisions particularly in area of trade finance, contribute to portfolio monitoring, and drive efficiency through AI, data and technology.

Credit

Assessment &

• Appetite Perform in-depth credit analysis and internal rating assessments of corporate obligors across industries and geographies Evaluate financing structures and transaction risks, providing clear and actionable recommendations to underwriters Recommend credit limits in line with internal risk appetite, policies, and governance standards Portfolio Monitoring &

• Risk Management Communicate credit views effectively to support timely and informed decision-making Drive efficiency in credit processes, improving turnaround times and consistency of outputs Contribute to data-driven and AI-enabled transformation initiatives within Credit &

• Surety Support development and enhancement of tools, methodologies, and credit frameworks The Credit Product Centre (CPC) is a global team supporting the Credit &

• Surety business across regions. Delivering high-quality credit risk assessments for underwriting decisions Ensuring consistency, governance,



and best practices across the credit process Supporting pricing, monitoring, and portfolio steering The team operates globally with presence in multiple key locations and works closely with senior stakeholders across underwriting, risk, and functional areas. You're an analytical thinker with strong financial acumen and a passion for understanding global markets. 6-10 years of experience in credit analysis and credit-related work ~ Strong academic background with a relevant business degree and/or post-graduate qualification (MBA/CFA/Chartered Accountant or similar) ~ Strong quantitative and analytical skills with good command of English, Spanish and German ~ Proficient in financial spreading, financial projections, and handling credit application documents ~ Good knowledge of integral macroeconomics, financial markets, and credit-related products ~ Demonstrated ability to assign and defend independent credit opinions and risk ratings ~ Working knowledge of database management tools and strong Excel skills Knowledge of corporate loans, structured financing, and trade finance products Experience in credit analysis of asset/fund managers, private equity/venture capital firms Prior experience in risk analytics and quantitative credit analysis Digital transformation project experience Good command of French For Spain, the base salary range for this position is between 42,000 EUR and 70,000 EUR for a full-time role. In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance-based annual bonus. Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

Swiss

Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate

Solutions is the commercial insurance arm of the Swiss Re Group. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying. #

📌 Credit Risk Analyst - Banking (Madrid)
🏢 Swiss Re
📍 Madrid