Would you like to analyse and report on changes to Nordea’s internal credit risk models? We are now looking for a Credit Risk Analyst (IRB model changes) to analyse and report changes to the authorities and for larger projects where we write model applications to seek regulatory approval.
At Nordea, we’re committed to being a partner our customers and society can count on. Compliance and integrity go hand in hand. Joining us means you’ll have an impact on how we do banking – today and tomorrow. So bring your ideas, skills and unique background. With us, you’ll be in good company with plenty of opportunities to collaborate, grow and make your mark on something bigger.
About this opportunity
Welcome to the Regulatory Applications & Materiality team. We add value by changing Nordea’s internal credit risk models. As Credit Risk Analyst (IRB model changes) you’ll play a valuable role in evaluating and mapping out business and IT processes and data systems. We also look at internal policies and frameworks and important changes to Nordea’s organisation. It is your responsibility to analyse and estimate the quantitative impact of changes to Nordea’s credit risk models and you must have proven skills in analytical software tools such as SAS, R or Phyton.
What you’ll be doing:
- Lead and contribute to high profile regulatory projects and initiatives including coordination and project management of regulatory responses related to internal models.
- Develop methods for data extraction and quantitative analysis.
- Respond to enquiries from the authorities and write notifications and applications for regulatory approvals.
- Perform quality assurance of major model development projects and provide regulatory input to Risk Models and internal model related activities.
- Join an open and inspiring atmosphere, where you will cooperate closely with your colleagues across the bank.
You’ll join a highly professional team with a large network across the bank and with excellent opportunities for personal and professional development. The role is based in Warszawa; Copenhagen; Helsinki; Oslo; Stockholm.
Who you are
Collaboration. Ownership. Passion. Courage. These are the values that guide us in being at our best – and that we imagine you share with us.
To succeed in this role, we believe that you:
- Analytical minded and able to communicate your thinking in a clear and understandable way.
- Passionate about working with data and analytical software tools.
- Willing to learn and adapt to new things in a demanding environment that is constantly changing.
- Result-oriented, self-motivated and can work independently to strict deadlines.
Your experience and background:
- Good knowledge of credit risk management, preferably from a quantitative or system related perspective.
- Experience in programming (SAS preferred, working with R or Phyton is an advantage).
- Previous involvement in risk modelling or change risk management roles is advantageous.
- Experience from managing or coordinating regulatory applications or similar regulatory submission processes and/or experience with international supervisors.
- Strong verbal and written communication skills and able to develop working relationships and drive projects across multiple stakeholders.
- A master's degree in a quantitative field, including but not limited to economics, statistics, finance, mathematics or similar.
- Fluent at a superior level in English, both spoken and written.
- Knowledge of Basel regulations is an advantage.
If this sounds like you, get in touch!
Submit your application no later than 30/10/2021.
At Nordea, we know that an inclusive workplace is a sustainable workplace. We deeply believe that our diverse backgrounds, experiences, characteristics and traits make us better at serving customers and communities. So please come as you are.
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