The Job

Senior Risk Expert - Credit Risk Framework, ESG-related Credit Risk

Finance, Banking & Legal · Banking & Investments · Risk Management · Compliance & Regulatory

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In short

We are looking for a Senior Risk Expert to integrate ESG risks into Nordea's credit risk framework and processes. This permanent, full-time role, based in Helsinki or Stockholm, involves developing and maintaining credit risk policies, leading regulatory assessments, and providing expert advice on ESG-related credit risk.

Responsibilities

  • Develop and maintain Nordea's credit risk framework for ESG-related risk drivers across corporate and retail credit assessment, collateral, customer rating and customer engagement processes.
  • Lead guideline reviews, regulatory assessments and implementation projects.
  • Translate regulation and supervisory expectations into clear, proportionate and operational credit risk requirements, guidance and training materials.
  • Provide senior risk input and second line opinions for management, committees, regulatory implementation plans and supervisory interactions.
  • Represent Credit Risk Framework in Nordea-wide initiatives, promote a consistent Group operating model and act as a subject-matter expert on ESG-related credit risk rules, processes and regulation.

Requirements

  • Relevant experience in credit risk management, risk control, regulatory implementation, audit, compliance, finance, economics or environmental risk management.
  • Good knowledge of credit and ESG risk regulation, with a strong interest in sustainability-related financial risks and the associated regulatory framework.
  • Proven ability to lead initiatives or projects and convert complex requirements into clear, workable processes and rules.
  • Strong analytical, communication and presentation skills, with the ability to provide well-reasoned risk assessments and collaborate across a broad stakeholder group.
  • A relevant university degree, or equivalent relevant experience, and fluent professional English.

Desired Qualifications

  • Experience in one or more of the following: corporate or retail credit assessment, collateral, customer ratings, risk appetite, climate or nature risk analysis, scenario analysis, business-model resilience, greenwashing risk, regulatory change or issue management.
  • Experience working with senior leaders and cross-functional stakeholders in a Nordic or Group-wide environment.
  • Speak a Nordic language.

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
  • Diversity and inclusion are a natural part of our daily work.
  • Opportunity to shape how environmental, social and governance (ESG) risks are integrated into Nordea's credit risk framework and processes.
#Credit Risk#ESG#Framework#Risk Management#Regulatory#Sustainability
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Company

Nordea

Job Posted

1 week ago

Employment Type

Full Time

WorkMode

Hybrid

Experience Level

Senior

Locations

Helsinki, Finland

Stockholm, Sweden

Applicants

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