Job ID: 19158

We are looking for credit risk model developers. The job provides an exciting mix of challenges, where different areas of knowledge and skills shall be employed: developing advanced statistical models, designing internal software libraries, working with big data, analyzing economic behavior, 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 IRB models team. Working with us, you will be part of one of the most important programs for the bank, which consists in upscaling Nordea’s internal models for credit risk. There are opportunities to work on all aspects of IRB model development, scorecards, PD, LGD and CCF. As a Quantitative Risk Analyst you will have great possibilities to develop your skills within advanced modelling – a field which is in high focus in Nordea.

Being part of the broader Group Risk organization, you'll help ensure that compliance underpins every decision we make and every action we take. By bringing your perspectives to the team and through your focus on quality and cooperation, you will be important.

What you’ll be doing:

Working with LGD and CCF, you’ll join a passionate team of ten quantitative analysts located in Copenhagen, Helsinki, Stockholm and Warsaw.

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:

Your experience and background:

For the more senior role, you also have:
Nice to have:
Seniority of the role and remuneration will depend on the level of candidates’ experience in the relevant fields. Candidates with more experience as well as recent graduates are encouraged to apply.
If this sounds like you, get in touch!
Next steps

Submit your application no later than 15/11/2023.

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.
For candidates in Sweden only - For union information, please contact [email protected] or [email protected].

For candiadtes in Poland only - 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.