Senior/Quantitative Analyst, Credit Risk Stress Testing
Finance, Banking & Legal · Banking & Investments · Risk Management · Financial Analysis
In short
Nordea seeks a Senior Quantitative Risk Analyst to enhance credit risk stress testing using new models and data. The role involves executing stress tests, developing analysis, operating with large datasets using SAS, Python, and MS SQL, and building AI-enabled analytical tools. The position is located in Copenhagen, Helsinki, Oslo, or Stockholm, with hybrid work flexibility.
Responsibilities
- Execute credit risk and climate stress tests and develop analysis of their performance, focusing on new capabilities provided by emerging models and data sources.
- Operate in large data sets using SAS, Python and MS SQL to execute responsibilities.
- Build and operate a framework for adequacy testing, ensuring adequate documentation and triggering of overlays where appropriate.
- Build and maintain data pipelines and analytical tools including for agentic AI, ensuring that new capabilities are integrated into AI-enabled analytical environments.
- Set requirements into data and model development processes, support development as a subject matter expert, test newly developed capabilities, and develop solutions for integrating new capabilities into analysis and reporting deliverables.
Requirements
- Bachelor's or Master's degree in a quantitative field e.g. statistics, mathematics, finance, accounting, economics, or engineering, or equivalent, and fluent professional English.
- Strong analytical and technical skills for working with large, complex datasets.
- Ability to deliver high-quality work on time in a fast-paced environment.
- Ability to communicate complex data analysis in a suitable way for various types of stakeholder groups.
- Track record showing ability to work independently, whilst also sharing knowledge with others – ability to contribute to a structured working culture, being curious, proactive, and solutions-focussed.
Desired Qualifications
- Experience with AI / machine learning is a clear advantage.
- Knowledge in credit risk modelling (PD, LGD, EAD) and credit risk stress testing.
- Experience with AI tools and development in Python, SAS, or SQL.
- Strong macroeconomic competence.
Benefits
- A culture that fosters performance and growth in one of the largest Nordic banks, offering various opportunities to evolve, develop and learn from brilliant colleagues with diverse backgrounds in a vibrant working environment.
- Hybrid working model – we believe in the value of bringing people together and at the same time we embrace the freedom of flexibility.
- Diversity and inclusion are a natural part of our daily work. We know that an inclusive workplace is a sustainable one.
- We genuinely believe that our diverse backgrounds, experiences, characteristics and traits make us stronger together.
Skills
SASPythonMS SQLSQLmachine learningAI
#Credit Risk#Stress Testing#Quantitative Analysis#Risk Management#AI#Automation#SAS#Python#SQL#Nordic
About Nordea
We are a universal bank with a 200-year history of supporting and growing the Nordic economies – enabling dreams and aspirations for a greater good. Every day, we work to support our customers’ financial development, delivering best-in-class omnichannel customer experiences and driving sustainable change. We are a full-service universal bank and the third largest corporation in the Nordic region and one of the top 10 financial services companies in Europe based on market capitalisation. We are present in 17 countries, including our four Nordic home markets which together constitute the 10th…
Company
NordeaJob Posted
2 days ago
Expires
in 1 week
Employment Type
Full Time
Work mode
Hybrid
Experience Level
Senior
Locations
København S, Denmark
Helsinki, Finland
Oslo, Norway
Stockholm, Sweden
Qualification
Bachelor, Master
Applicants
Be an early applicant
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