AdressWe are looking for a quantitative analyst to our dynamic team in Collective Impairment Models. The job provides an exciting mix of challenges, where different areas of knowledge and skills shall be employed: working with big data, creating expected credit loss framework, develop credit risk models, analysing economic behaviour, understanding and abiding to regulatory constraints and further, to explain complex models to stakeholders on all levels across the Bank. You will join a highly professional and dedicated team with a large network across the bank and with excellent opportunities for personal and professional development.
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 Collective Impairment Models team in Risk Models in Group Risk. Working with us, you will be part of one of the most important programs for the bank, which consists of upscaling Nordea's models and frameworks for internal expected loss. You will cooperate closely with your colleagues across the bank and you will have great possibilities to develop your skills within credit risk area - a field which is in high focus in Nordea.
What you'll be doing:
- Developing quantitative models within the IFRS9 suite of credit risk models
- Defining solutions and frameworks for expected credit loss, ensuring internal model consistency for model use
- Developing an impact tool in Python to simulate portfolio impact for various scenario analysis, including stress testing and macro sensitivities
- Building strong relationship with different stakeholders within and outside the bank to facilitate understanding on our models and framework
- Providing sharp data analytics to contribute to key decisions
You will join an open and inspiring atmosphere in a team, where we value being good colleagues. Your work life balance is important to us. We offer flexible working hours, remote work, generous leaves (including parental), time off and time to take care of sick children.
The role is based in Warszawa; Helsinki; 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:
- Show quantitative analytical capability, proactivity and problem-solving skills. You are comfortable working with large datasets and enjoy finding solutions to loosely defined problems
- Are a team player and can work closely with stakeholders from different parts of the bank
- Can prioritize what is most important and are committed to deliver high quality on time
- Are dependable, willing to speak up even when it's difficult
Your experience and background:
- An academic degree (MSc or PhD) within a quantitative field, including but not limited to statistics, mathematics, economics or engineering
- Proficiency with programming languages and environments such as Python, SQL, Pyspark, Jupyterhub etc.
- Some experience working with data and models
If this sounds like you, get in touch!
Next steps
Submit your application no later than 07/04/2024 .
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.
Please be aware that any applications or CVs coming through email or direct messages will not be accepted or considered.
Only for candidates in Sweden - For union information, please contact Finansförbundet at finansforbundet@nordea.se or SACO at SacoNordea@nordea.com.
Only for candidates in Poland - Please include permit for processing personal data in CV as following:
In accordance with art. 6 (1) a and b. Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation) hereinafter 'GDPR'. I agree to have: my personal data, education and employment history proceeded for the purposes of current and future recruitment processes in Nordea Bank Abp.
The administrator of your personal data is: Nordea Bank Abp operating in Poland through its Branch, address: Aleja Edwarda Rydza Śmiglego 20, 93-281 Łodź. Your personal data will be processed for the recruitment processes in Nordea Bank Abp. You have a right to access your personal data, right to rectify and right to delete. Disclosing the personal data in the scope specified by the provisions of Polish Labour Code from 26 June 1974 and executive acts are mandatory. Providing personal data is necessary to conduct the recruitment processes. The request for the deletion of your personal data means resignation from further participation in recruitment processes and causes the immediate removal of your application. Detailed information concerning processing of your personal data can be found at: https://www.nordea.com/en/doc/nordea-privacy-policy-for-applicants.pdf.
We reserve the right to reply only to selected applications.
Read more about working at Nordea here
