Are you creative, experienced in statistical modelling and interested in banking risk management?

If yes, we are looking for you, a Risk Analyst, to join our vivid and passionate Credit Risk Models -unit and to work at the heart of banking business. The position is located in Vallila, Helsinki.

RISK ANALYST 

Credit risk management is an essential part of banking business and in this position, you have possibility to develop models and methods for the measurement of credit risk. Credit risk models and methods have several important uses. They are used in pricing and granting of individual credit facilities as well as measurement of portfolio level risk position (capital adequacy, economic capital, ECL).  Additional important use cases of models and methods are different credit risk stress tests and other kind of forward- looking credit risk management.  Hence, working in Credit Risk Models -unit provides you with the unique opportunity to understand the core of banking and credit risk through development of credit risk models. 

In OP, we strive for understandable and high standard models developed according to international best practices. We rely on good quality data, deep understanding of business and regulation and common ways of working. Our unit strive for effective communication, efficient decision making, clear audit-trail and good quality documentation. We challenge each other for higher achievements.

What we expect from you

You have a minimum of three years of relevant working experience in quantitative credit risk management and/or statistical modelling. You are interested in understanding and analyzing credit risk as a phenomena and development of appropriate models and methods for measuring it. Previous experience in credit risk stress testing and IFRS 9 models are considered an advantage.

You have a Master's degree or a PhD in a relevant technical or business subjects.

You have experience in working with both internal and external stakeholders and you have the patience and proven ability to explain complicated things in an understandable manner. You take responsibility for your work and look for the best possible solution given time and data constraints. Even though you work and prioritize independently, you are also a team player who likes to help others and strives for a common goal.
Your English is fluent both written and spoken.

What we offer

We offer you permanent position in the leading Finnish credit risk modelling team. The job will provide you an existing mix of challenges, where you can further develop your expertise and knowledge together with our experts. Your responsibilities will grow with your expertise. 

You will familiarize yourself with different kind of risk models and their use. You will work as Lead Analyst in a modelling project and share your knowledge and ideas with other members of the project team. You will work closely with stakeholders to understand the phenomena in credit risk, economics and customer behavior. Further, you will get thorough understanding of and possibility to influence on credit risk measurement and modelling in decision making, portfolio monitoring and management. 
In our team you will be working with enthusiastic colleagues, share knowledge through chats, recordings and careful documentation, and develop our ways of working further. We aim for better risk models efficiently done.

We want to constantly improve our daily work and encourage our employees continuous self-education. 
To help counterbalance work where you are expected to take a lot of responsibility, we seek to ensure employee wellbeing and to enable forward-looking work arrangements. We offer a stable working environment where you can contribute to our core values: responsibility, people first and succeeding together. 

You will enjoy a wide range of staff benefits, including a personnel fund and special terms for employee banking, insurance and loan services. We offer comprehensive occupational health care, extensive medical treatment expenses insurance and a full-time group accident insurance policy. We invest in wellbeing at work by encouraging a good work-life balance, providing flexibility in your daily life, and offering lunch, sport and cultural benefits and opportunities for affordable holidays in OP timeshares. 

How to apply

Interested? Apply for the position by sending us your application via the link below on 10.4.2022 at the latest.

For more information about the position, contact Petri Soppi (0505367279) on Friday 1.4. at 14.00-14.30 or Friday 8.4. at 14.00-14.30. 

In the financial sector, our business is founded on trust and accountability, which is why the successful candidate will be checked for credit history and corporate connections and must take a drug test and fill in a health questionnaire. 

OP Financial Group is the leading financial services group in Finland and a pioneer in the industry’s digital transformation. Owned by our customers, we are the largest financial sector employer in Finland. OP Financial Group employs over 12,000 professionals and provides banking, asset management, wealth management, insurance and healthcare services for our more than four million customers. For more information about OP as an employer and for all vacancies, go to www.op-careers.fi.