> job detail
N
👽Other
Quantitative Risk Analysts, Credit Stress Testing and IFRS9 (Stockholm, SE, 111 44)
Nordea Bank Abp · Stockholm, SE, 111 44
// classified as
Other (Adjacent or hard to classify.)
posted
1d ago
location
Stockholm, SE, 111 44
languages
python, sql
tools
spark
> stack
pythonsqlsparkpyspark
> education
mscphd
> description
<p style="text-align:justify"><strong><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Job ID: 1480</span></strong></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">We are looking for a Quantitative Risk Analyst to our dynamic team. In this recruitment we put great value in you as a person and therefore encourage all levels to apply. The role is permanent and can be based in Stockholm, Helsinki and Warsaw.</span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-size:14.0pt"><strong><span style="font-family:arial, helvetica, sans-serif">About our team</span></strong></span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Meet the Credit Stress Testing & IFRS9 Models team in Risk Models, Group Risk. Our role is to upscale 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. </span><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Our team have an open and inspiring atmosphere where we value being good colleagues. The team has a broad range of seniority levels which is why we welcome different seniorities to join since we have capacity to both train and onboard you, but also to learn more from you. You will report to Head of Stress Testing & EWI Models, who is based in Stockholm.</span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Collaboration. Ownership. Passion. Courage. These are the values that guide us in how we work and how we make decisions – and that we imagine you share with us. </span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><strong><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">What you’ll be doing</span></strong></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><strong><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Main responsibilities in this role:</span></strong></p>
<ul>
<li style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Design and implement large datasets to solve complex problems</span></li>
<li style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Develop quantitative models within the IFRS9 and stress testing suite of credit risk models</span></li>
<li style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Develop Python based tools to simulate portfolio impact for various scenario analysis, including stress testing and macro sensitivities</span></li>
<li style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Build relationships with different stakeholders within and outside the bank to facilitate understanding on our models and framework</span></li>
<li style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Provide sharp data analytics to contribute to key decisions</span></li>
</ul>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-size:14.0pt"><strong><span style="font-family:arial, helvetica, sans-serif">Who you are</span></strong></span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><strong><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">This is the right role for you if you:</span></strong></p>
<ul>
<li style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Show quantitative analytical capability, proactivity and problem-solving skills to find solutions to loosely defined problems</span></li>
<li style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Enjoy working hands-on with large datasets using Python, Spark and SQL but are equally comfortable discussing results with stakeholders</span></li>
<li style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Can prioritize what is most important and are committed to deliver high quality on time</span></li>
<li style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Are dependable, willing to speak up even when it’s difficult</span></li>
</ul>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><strong><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Your background and skills include:</span></strong></p>
<ul>
<li style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">An academic degree (MSc or PhD) within a quantitative field, including but not limited to statistics, mathematics, economics or engineering</span></li>
<li style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">At least two years’ experience working with data and models</span></li>
<li style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Proficiency with programming languages and environments such as Python, SQL, Pyspark, Jupyterhub etc.</span></li>
<li style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Full proficiency in English, since all communication will be in English</span></li>
</ul>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-size:14.0pt"><strong><span style="font-family:arial, helvetica, sans-serif">What we offer</span></strong></span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>People </strong>come here when they want to get somewhere. For some, it’s to take their career to the next level. For others, it’s to break new ground within their area of expertise – in other words, with us, you will always move forward.</span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>A culture</strong> 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.</span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>Hybrid working model</strong> – we believe in the value of bringing people together and at the same time we embrace the freedom of flexibility.</span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>Diversity and inclusion</strong> 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. Every day we strive to find new ways to improve diversity and inclusion within our community e.g. we have signed the European Diversity Charters in the countries where we operate to show our commitment and engage with others to continue learning and improving.</span></p><p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">If this sounds like you, get in touch!</span></p>
<p style="text-align:justify"> </p><p style="text-align:justify"><span style="font-size:14.0pt"><strong><span style="font-family:arial, helvetica, sans-serif">Next steps</span></strong></span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Submit your application no later than 03/08/2026. </span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><strong><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">We enable dreams and aspirations for a greater good.</span></strong></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>We build relationships.</strong> We add a personal touch to everything we do – when advising our customers, collaborating with colleagues, and meeting our potential candidates.</span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>We learn and develop. </strong>We take pride in being experts and thinking ahead. We use our expertise to meet our customers’ needs, from the simplest to the most complex. We bring a growth mindset to our work that enables us to focus on a broader perspective in our daily challenges.</span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>We lead change. </strong>We are responsible and aware of the impact of our decisions, both for our customers and for our local and global communities. Mindful of our responsibility towards current and future generations, we have made sustainability an integrated part of our business strategy.</span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>We are Nordea. </strong>We have a 200-year history of supporting and growing the Nordic economies and our values are deeply rooted in these open, progressive and collaborative societies. As one of the biggest employers in the Nordics, Poland and Estonia, you have excellent opportunities to evolve, develop and move forward with us.</span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>Only for candidates in Finland:</strong> A security clearance will be performed for the person selected for this position.</span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>Only for candidates in Sweden:</strong> For union information, please contact Finansförbundet at finansforbundet@nordea.se or SACO at SacoNordea@nordea.com.</span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>Only for candidates in Poland:</strong> Please include permit for processing personal data in CV as following:</span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">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.</span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">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: <a href="https://www.nordea.com/en/doc/nordea-privacy-policy-for-applicants.pdf">https://www.nordea.com/en/doc/nordea-privacy-policy-for-applicants.pdf</a></span></p>
<p style="text-align:justify"> </p>
<p style="text-align:justify"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">We reserve the right to reply only to selected applications.</span></p>