Would you like to be part of a team with experienced and talented colleagues, and apply cutting-edge techniques to validate model used in Nordea’s Treasury function? We are currently looking for a Senior or Chief Model Risk Analyst to strengthen our validation processes of Nordea's credit risk models.
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.
Welcome to the Credit Risk Model Validation team. We add value by conducting independent validation activities that informs the assessment and management of model risk in Nordea’s models used for credit risk and capital management. As a Model Risk Analyst you will play a valuable role in ensuring that models are compliant with internal and external requirements and fulfil Nordea’s performance expectations.
What you’ll be doing:
- Drive and participate in the validation processes for existing, new and changed models.
- Use quantitative and qualitative tools and analysis to identify and assess model risk.
- Effectively communicate the outcome of our reviews to a variety of stakeholders, including senior management and board of directors.
You will join a dynamic and inclusive team of experienced model risk experts with diverse backgrounds. We work in a cross-border team with team members in Stockholm, Copenhagen, Oslo and Warsaw.
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:
- Engage in a productive collaboration with model stakeholders including model owners/developers.
- Are a team player and also master at working independently.
- Have an eye for detail, yet able to focus on the big picture.
- Have excellent skills in spoken and written communication (English).
- Effectively communicate complex topics to a variety of stakeholders.
Your experience and background:
- Academic degree – either at Master or PhD level – preferably in a quantitative field, such as mathematics, statistics, engineering or economics with a specialization in a quantitative subject.
- Experience in risk management from the financial industry, for example from working in a third or second line of defense unit, or in a similar position at the regulatory authorities.
- Experience in working with credit risk data.
- Knowledge of IRB modelling is an advantage.
- Solid experience in programming and preferable Python. Experience SAS and SQL is an advantage.
- Proficiency in English, both written and spoken.
If this sounds like you, please get in touch!
Submit your application no later than 15 August 2020.
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 our customers and communities. So please come as you are.
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