Stress Testing. Credit Risk. Quantitative modellingWould you like to work in an agile environment and contribute to the development of Nordea's next generation credit risk stress testing framework? We are now looking for a Chief Analyst to develop the credit risk analytical and stress testing framework.

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

• Be a key driver to the development of the credit portfolio analytical and stress testing frameworks, including the development of methods, tools and data foundation
• Drive the dialogue on stress testing with business areas, ensuring that stress testing analysis can support business decisions in an effective manner, and provide in-depth analysis on the stress testing results
• Drive the enhancement of the link between the risk appetite framework and credit risk stress testing, and ensure that results of the stress test analysis, including the ICAAP, are assessed in the context of the risk appetite framework
• Be responsible for the development and maintenance of the modelling framework used to translate the various macroeconomic scenarios into industry specific shocks
• Be a key contributor to the development and maintenance of the policy framework around the credit risk stress testing process

Who you are

• Have ability to contribute and drive data developments in collaboration with several internal stakeholders
• Have high motivation with a genuine ambition to drive change and development, combined with a track record of great stakeholder management skills
• Have excellent presentation and communication skills with proven ability to transpose analytical deliverables into presentation material
• Are fluent in English, both written and spoken

• Master's degree with high results in finance/mathematics or economics, PhD degree is an advantage
• At least 7 years' experience in credit risk management/enterprise-wide risk modelling/stress testing/macroeconomic research and analysis
• Strong macroeconomic competence and quantitative and analytical skills is an advantage
• Proven track record in complex analysis, problem solving, working independently and proven superior logic and numerical ability
• Solid working experience in SAS/SQL/Python/R
• Experience in credit risk related legislation and supervisory guidelines (e.g. CRR, CRD, EBA Guideline on Stress Testing) is an advantage

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.