We are looking for an Internal Audit Manager to Model Risk team. This is an opportunity to you to be responsible for auditing the key models, including credit risk (IRB), counterparty credit risk (IMM) and market risk models (IMA) in line with ECB expectations investigating whether Nordea is following these key regulations.

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

• Contribute to the execution of Group Internal Audit’s strategy
• Perform audits assessing Nordea’s governance, risk management and control processes
• Contribute to the delivery of GIA’s project portfolio
• Act as Auditor in Charge in some audit projects
• Contribute to continuous risk assessments to direct assurance activities towards the significant risk areas

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.

• Excellent knowledge and understanding of model development or model validation techniques covering (any combination): credit risk, market risk, pricing, stress testing funding, liquidity models
• Strong understanding of end-to-end model lifecycle (e.g. model development, implementation, validation, monitoring)
• Practical understanding of relevant regulatory environment, including model risk management best practices
• Strong collaborative skills and strong written and verbal communication skills; ability to communicate effectively with senior professionals
• High ethical standards with demonstrated integrity, tact, and diplomacy
• University degree in a quantitative subject such as Math, Physics, Economics or Finance
• Experience within the Internal Audit is a plus
• Fluency in English

If this sounds like you, get in touch!

Next steps

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.