Quantitative Risk Analyst to LGD/EAD models team

4 hours ago


Stockholm, Sweden Nordea Bank Full time

Job ID: 26532 

Do you want to play an important role in one of the largest model development programmes in Nordics? We are now looking for a Quantitative Risk Analyst to develop LGD/EAD models in Nordea. The job provides an exciting mix of challenges such as developing advanced statistical models, designing internal software libraries, working with big data, analysing economic behaviour, understanding and abiding to regulatory constraints.

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

Welcome to LGD/EAD models team in Risk Models Methodology & IRB Models in Nordea. Working with us, you will be a part of one of the most important programs for the bank, which consists in upscaling Nordea’s internal models for credit risk. The primary focus of this role is development of LGD/EAD models, but there would be opportunities to work other IRB parameters.

As the Quantitative Risk Analyst, you will develop your skills within advanced modelling – a field which is in high focus in Nordea.

Being a part of the broader Group Risk organization, you'll help ensure that compliance underpins every decision we make and every action we take. By bringing your perspectives to the team and through your focus on quality and cooperation, you will be important.

What you’ll be doing:

Develop, test and maintain LGD/EAD models Develop tools for data extraction for model development and other analysis Continuously work on improving methodological choices for the models and be able to clearly communicate its rationale and impact to internal and external stakeholders Join an open and inspiring atmosphere, where you will cooperate closely with your colleagues across the bank Give input to senior management and business based on data analysis and previous experience

You will join a highly professional and dedicated team of analysts with diverse background and with excellent opportunities for personal and professional development. The role is based in Warszawa, Helsinki, Copenhagen or Stockholm.


Who you are

To succeed in this role, we believe that you:

Enjoy learning and are excited about bringing your ideas to the table Take the ownership of the task, but enjoying collaboration with others Have good communication skills to manage stakeholder interaction efficiently across the value chain

Your experience and background:

Master's degree in a quantitative field, including but not limited to economics, statistics, mathematics, data science, or similar Experience in SQL, Python, SAS or similar Understanding of statistical and machine learning methods Experience in working with data and models

Nice to have:

Knowledge of IRB models Experience in driving deliveries, ideally in an agile environment Knowledge of credit risk processes and bank products Understanding of technologies and IT solutions used for data processing

If this sounds like you, get in touch



  • Stockholm, Stockholm, Sweden Nordea Bank Full time

    Job Title: Quantitative Risk Analyst, Model Monitoring and Performance ExpertWe're seeking a skilled Quantitative Risk Analyst to join our Model Monitoring and Performance team within Risk Models. As a Quantitative Risk Analyst, you'll work with an inspiring group of professionals in an international environment, applying your quantitative and data analysis...


  • Stockholm, Stockholm, Sweden Nordea Bank Full time

    At Nordea Bank, we are seeking a highly skilled Quantitative Risk Analyst to join our Model Monitoring and Performance team. The ideal candidate will have a Master's degree in a quantitative field, excellent communication skills, and a strong background in applied mathematical modeling. Proficiency in Python and SQL is required, as well as a sound knowledge...


  • Stockholm, Sweden Nordea Bank Full time

    Job ID: 26623  Are you a quantitative analyst with a knack for navigating complex databases and producing clear analysis? Do you have knowledge of, interest in or even experience with IRB or similar models? Then this opportunity may be for you! We’re looking for a Quantitative Analyst to join the Model Monitoring and Performance team within Risk...


  • Stockholm, Sweden Nordea Bank Full time

    Job ID: 26007  Quantitative analyst, Data, Analyst, Controller, Climate, ESG, Credit risk, Stress testing. Would you like to take an active role in executing credit and climate risk stress test exercises, analysing the impact from stress test results on Nordea’s credit portfolios and customers, and ensuring proper related control and review...


  • Stockholm, Sweden Nordea Bank Full time

    Job ID: 25561  Model Development, Quantitative Finance Are you good at pricing derivatives and would you like to develop the state of the art models for estimating future financial risks? We are now looking for a Senior Quantitative Risk Analyst to improve our assessment of the credit risk in Nordea's derivative transaction business. At...


  • Stockholm, Sweden Nordea Bank Full time

    Job ID: 27204  Would you like to be part of a talented team and apply your expert knowledge of AI to provide valuable insights on how to support Nordea’s safe and trusted use of AI models? We are looking for Quantitative Risk Analysts [Regular/Senior/Lead] to strengthen our validation capabilities for AI models. At Nordea, we’re committed to...


  • Stockholm, Sweden Nordea Bank Full time

    Job ID: 26570  We are looking for a Quantitative Analyst, all seniorities. 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,...


  • Stockholm, Stockholm, Sweden rolfes.schierenbeckates Gmbh Full time

    Join Our Team as a Quantitative Risk ConsultantWe are seeking a highly skilled Quantitative Risk Consultant to join our team at Rolfes. Schierenbeck & Ates GmbH. As a key member of our team, you will play a crucial role in helping our clients navigate complex financial risks.About the RoleAs a Financial Risk Management Specialist, you will be responsible...


  • Stockholm, Stockholm, Sweden rolfes.schierenbeckates Gmbh Full time

    Join Our Team as a Quantitative Risk Management SpecialistAt Rolfes. Schierenbeck & Ates GmbH, we are seeking a highly skilled Quantitative Risk Management Specialist to join our team. As a key member of our team, you will play a crucial role in working on high-profile international projects with clients, solving complex real-world quantitative challenges,...

  • Credit Risk Analyst

    1 month ago


    Stockholm, Stockholm, Sweden Nordea Bank Full time

    About the RoleWe are seeking a highly skilled Credit Analyst to join our team at Nordea Finance Sweden. As a Credit Analyst, you will play a crucial role in securing high-quality credit analysis and decision-making processes.Key ResponsibilitiesPrepare credit opinions in connection with credit applications, annual reviews, and/or rating reviews.Develop and...


  • Stockholm, Stockholm, Sweden Nordea Bank Full time

    Job Opportunity:We are seeking a Senior Risk Expert, Model Risk Regulation to lead our Model Risk team's role in interpreting and applying regulations related to models used in Nordea. The successful candidate will be responsible for managing engagement with regulators on model risk matters on behalf of the Model Risk team.About the Role:The Senior Risk...


  • Stockholm, Sweden Nordea Bank Full time

    Job ID: 26208  Would you like to Lead and start a new model risk practice ? We are now looking for a Lead Risk Expert, Model Risk Regulation to lead Model Risk team’s role in interpreting and applying regulations related to models used in Nordea. The role holders will also be responsible to manage engagement with regulators on model risk matters on...


  • Stockholm, Sweden Nordea Bank Full time

    Job ID: 26209  Would you like to lead and start a new model risk practice ? We are now looking for a Senior Risk Expert, Model Risk Regulation to lead Model Risk team’s role in interpreting and applying regulations related to models used in Nordea. The role holders will also be responsible to manage engagement with regulators on model risk matters...


  • Stockholm, Sweden Nordea Bank Full time

    Job ID: 26433  Would you like to play a key role in shaping the way credit risk recovery data is sourced in Nordea Finance? We are now looking for a Senior Business Analyst to understand business processes, design and implement data flows, and coordinate with other analysts and developers.  The role requires both technical hands-on work and...


  • Stockholm, Stockholm, Sweden Vattenfall Full time

    Job DescriptionVattenfall Group Risk Management aims to ensure long-term sustainable corporate development by providing state-of-the-art support to decision-makers. Risk Management does not only provide transparency of risks versus opportunities, but also drives the processes for the identification, analysis, assessment of different kinds of risks.The...


  • Stockholm, Stockholm, Sweden Nordea Bank Full time

    About the RoleWe are seeking an experienced Business Analyst to join our Recovery and Loss Data team at Nordea Bank. As a key member of our team, you will play a crucial role in driving the development of new processes and solutions for the collection and monitoring of recovery/loss data.Key ResponsibilitiesFacilitate close collaboration across units such as...


  • Stockholm, Stockholm, Sweden Vattenfall Full time

    Job OverviewWe are seeking a Senior Credit Risk Analyst to join our team in Berlin, Hamburg, Amsterdam or Stockholm. This role will involve working with international teams to manage credit risks associated with renewable projects and trading activities.About the JobThe Senior Credit Risk Analyst will be responsible for analyzing counterparties, identifying...

  • Business Analyst

    1 month ago


    Stockholm, Stockholm, Sweden Anyfin AB Full time

    About the RoleWe are seeking a highly skilled Business Analyst to join our team at Anyfin AB. As a Business Analyst, you will play a key role in analyzing credit performance and driving business growth.Key ResponsibilitiesAnalyze credit losses and approval rates across different markets to optimize risk and reward.Develop strategies to reduce customer...


  • Stockholm, Stockholm, Sweden Vattenfall Full time

    Job OverviewVattenfall Group Risk Management aims to ensure long-term sustainable corporate development by providing cutting-edge support to decision-makers. Our team drives the processes for risk identification, analysis, and assessment, as well as risk reporting and documentation.We are looking for a Senior Credit Risk Analyst in Berlin, Hamburg, Amsterdam...

  • Team Lead Credit Risk

    2 weeks ago


    Stockholm, Sweden Worldline Full time

    Stockholm, Sweden This is Worldline Worldline helps businesses of all shapes and sizes to accelerate their growth journey - quickly, simply, and securely. We are the innovators at the heart of the payments technology industry, shaping how the world pays and gets paid. Our technology powers the growth of millions of businesses across 5 continents. And...