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Cerved

Business intelligence and credit risk analytics

Banking Senior Associate - Banking

Full-Time
€60k - €70k/yr
Junior, Mid
Bachelor's
Milan, Metropolitan City of Milan, Italy
Hybrid
ConsultingRisk, Regulatory & Legal Advisory

About the job

Requirements
  • A degree in economic-financial, statistical/mathematical, or engineering disciplines is required.
  • Two to four years of experience in a consulting firm or in the risk management functions of banks or financial companies is required.
  • Knowledge of methodologies for estimating and/or validating credit-risk measurement models, including regulatory, management, and International Financial Reporting Standard 9 models, is preferred.
  • Understanding of banking prudential regulations, including Basel, and recent European Banking Authority regulatory developments is required.
  • Knowledge of statistical analysis software, preferably Statistical Analysis System, including its basic language, statistical modules, and guides, is required.
  • Excellent written and spoken English is required.
  • Proficiency in Microsoft Office, particularly Excel and PowerPoint, is required.
  • Understanding of credit-risk modelling methodologies and regulatory metrics is required.
  • Ability to perform statistical and quantitative analyses using specialist tools, preferably Statistical Analysis System, is required.
  • Knowledge of major Risk Governance frameworks and Chief Risk Officer processes is required.
  • Familiarity with complex datasets, data-quality controls, and structured analyses is required.
Responsibilities
  • Support project teams in estimating, reviewing, and recalibrating regulatory, management, and International Financial Reporting Standard 9 risk models.
  • Collaborate on Risk Governance initiatives involving Internal Capital Adequacy Assessment Process, Internal Liquidity Adequacy Assessment Process, Risk Appetite Framework, and participate in developing stress-testing exercises.
  • Contribute to integrating climate and environmental, social, and governance risks into Risk Management frameworks.
  • Support Audit and Validation control functions in reviews of models, processes, and methodological compliance.
  • Participate in collecting, analyzing, and validating data supporting quantitative activities.
  • Prepare technical reports, deliverables, and presentations for internal teams and clients.
  • Collaborate with senior colleagues to identify project issues and propose operational solutions.

About the company

Cerved is an Italian business intelligence and data analytics company helping organizations make informed financial, commercial, and credit decisions. Its services span credit and business ratings, fraud and compliance risk, lending decision support, credit management, and real estate valuation for SMEs, enterprises, and financial institutions. What sets Cerved apart is its blend of proprietary data, ratings expertise, and consulting built over decades in the Italian market. The goal is to help clients pursue sustainable, well-informed growth.

Company Size

N/A

Company Stage

IPO

Headquarters

San Donato Milanese, Italy

Founded

1974

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Simplify's Take

What believers are saying

  • Cerved expects 2026 revenue recovery from Atoka and improved pricing across April-December.
  • July 2026 forecasts show Italian corporate revenues stabilizing, supporting demand for Cerved analytics.
  • Cost cuts lifted 2025 EBITDA margins to 41.8%, preserving cash during transition.

What critics are saying

  • S&P cut Cerved outlook negative on July 8, 2026 after 14% Q1 revenue decline.
  • Union strikes on March 25 and February 2, 2026 signal worsening labor relations and exits.
  • Without sustained recovery, 2029 refinancing becomes difficult on a stand-alone basis, threatening independence.

What makes Cerved unique

  • ION-backed Atoka launched in 2026, bundling AI sales intelligence with Cerved distribution.
  • Cerved retains Italian IP rights while ION funds modernization and global commercialization.
  • Cerved Industry Forecast covers 750,000 companies, giving unmatched Italian credit and sector coverage.

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Benefits

  • Hybrid Work Options