Regulatory Risk Analyst Colombia

The Financial Risk team is responsible for designing, implementing, and maintaining the Bank’s financial risk management framework, ensuring its alignment with the Colombian regulatory framework, financial sector best practices, and the business strategy of an institution in a stage of development and growth.

Challenges that await you:

• Prepare all regulatory reports required by the Colombian Financial Superintendency (SFC) within established deadlines, ensuring data integrity, accuracy, and full traceability.
• Develop, maintain, and enhance both regulatory and internal financial risk measurement models, including Value at Risk (VaR), DV01, stress testing, back-testing frameworks, liquidity indicators, and other key risk metrics.
• Design and implement regulatory and internal risk models using SQL and Python to support risk monitoring, reporting, and decision-making processes.
• Continuously monitor compliance with internal risk exposure limits and proactively escalate early warning signals and material findings to Risk Management leadership.
• Support the launch of new financial products by assessing their impact on risk methodologies, capital requirements, and regulatory compliance frameworks.
• Contribute to the development, maintenance, and documentation of risk methodologies, policies, and procedures, ensuring alignment with applicable regulations, including the SFC’s Financial Basic Circular (CE 004/26) and other supervisory requirements.
• Collaborate closely with Technology, Accounting, Treasury, and Internal Audit teams to consolidate, validate, and reconcile data used for risk measurement, regulatory reporting, and management oversight.

What makes you a great fit

• Bachelor’s degree in Economics, Finance, Industrial Engineering, Mathematics, Statistics, or a related field. A specialization or Master’s degree in Financial Risk Management, Quantitative Finance, or a related discipline is preferred.
• 3+ years of experience in financial risk management, quantitative risk, or related functions within Colombian financial institutions regulated by the Colombian Financial Superintendency (SFC), including banks, brokerage firms, finance companies, trust companies, or other supervised entities.
• Fluent English and Spanish is a must to have.
• Advanced SQL skills, including complex query development, performance optimization, and management of relational databases. Experience with Snowflake, Airflow, GitHub, and/or GitLab is highly desirable.
• Strong Python programming skills for data analysis and quantitative modeling, including hands-on experience with libraries such as Pandas, NumPy, SciPy, Scikit-learn, and data visualization tools such as Matplotlib and Plotly.
• Deep understanding of financial risk modeling methodologies, including:
  • Market risk metrics (VaR, DV01, interest rate and inflation sensitivities).
  • Liquidity risk measurement (Liquidity Risk Indicators, liquidity gap analysis).
  • Credit risk assessment frameworks.
  • Statistical and econometric modeling techniques applied to risk management.
• Solid knowledge of financial accounting and banking balance sheet analysis, including:
  • Understanding of the asset, liability, and equity structure of SFC-regulated financial institutions.
  • Familiarity with the Colombian Financial Sector Chart of Accounts (PUC).
  • Ability to interpret IFRS-based financial statements.
  • Capability to identify and analyze accounting positions relevant to regulatory reporting, capital adequacy, and risk metrics.
• Experience with Business Intelligence and data visualization platforms (e.g., Superset BI or similar tools) is considered a strong advantage.

Our ways of working:

• Innovative Spirit: A commitment to creativity and groundbreaking solutions.
• Honest Feedback: valuing open, transparent communication.
• Supportive Team: a strong, collaborative community.
• Celebrating Achievements: recognizing our wins together.
• High-Tech Environment: a team full of smart and revolutionary people who date to challenge the status quo of incumbent finances.