Assistant Quantitative Risk Analyst, Retail PD - KøbenhavnS, Danmark - Nordea Bank

Beskrivelse

Job ID: 23963

Would you enjoy working with data and statistical models in practice and add a real business value for Nordea? Then this opportunity is for you. The role combines advanced modelling, practical implementation of the models in our IT infrastructure and a sound understanding of retail banking. You need to enjoy working with large datasets, solve problems and find new and innovative solutions.

At Nordea, we use internal models for calculating regulatory capital. These models are developed and maintained by the Risk Models team. The role is within the Retail Probability of Default Modelling team (Retail PD) which sits within Risk Models and is responsible for accurately estimating probability of default for Nordea's retail customers. We are recruiting for more talented people to help us meet the standards set by the European Central Bank (ECB).

About this opportunity

Welcome to Retail PD team where we are responsible for developing and maintaining scorecards and probability of default models for Nordea's household and small and medium-sized enterprise customers. The main purpose of the team's output is to ensure that Nordea complies with capital requirements as stipulated by the ECB. Output is also used in the credit process and for strategic management purposes. We add value by accurately estimating the individual probability of default for Nordea's customers who hold our lending products. As Assistant Quantitative Risk Analyst you will play a valuable role in developing, maintaining and using models which accurately estimate retail customers' credit risk.

Given the nature of our data and regulatory requirements, we use advanced modelling techniques and big data technology. In addition to using leading techniques for modelling and data, the team's role is general risk governance within credit risk modelling, including management of models, model implementation, data quality and model use.

What you'll be doing:

You'll join an international team with a variety of backgrounds and skills. We work closely with other teams across the bank which provides you with excellent opportunities for personal and professional development.

The role is based in Helsinki, Finland or in Copenhagen, Denmark. Flexible working conditions with respect to working from premises / from home apply according to the Nordea rules of working at least 60% from the office.

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:

Candidates with more experience as well as recent graduates are encouraged to apply. Seniority of the role and remuneration will depend on the level of the candidate's experience in the relevant fields.

If this sounds like you, get in touch.

Next steps

Submit your application no later than 12/05/2024. For more information, you're welcome to contact Tine Skov Olsen.

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.

If you are an external consultant interested in this role and wish to apply please contact the hiring people leader for separate instruction on how to apply.

Only for candidates in Finland: A security clearance will be performed for the person selected for this position.