Recovery and Loss Data Expert, Group Credit Management

Job ID: 31032

Recovery and Loss Data Expert, Group Credit Management (permanent position), Nordics

Would you like to work with the development of Nordea's credit processes and solutions in Group Credit Management? We are now looking for a Recovery and Loss Data Expert in an exciting position combining regulatory and modelling aspects with credit processes and credit data. You will be working in a team responsible for the automated collection of recovery data for all types of customers and will be reporting to the Head of Recovery and Loss Data.

About our team

Welcome to the Recovery and Loss Data team in Group Credit Management. We are the owner of the recovery and loss data solution for Nordea and drive the development projects in this area. We work closely with our stakeholders and development units in the business areas, regulatory and modelling teams, and our IT partners in this space.

Collaboration. Ownership. Passion. Courage. These are the values that guide us in how we work and how we make decisions – and that we imagine you share with us.  

Main responsibilities in this role: 

Interpret regulatory and modelling requirements on loss data and drive implementation in development projectsLead initiatives to automate recovery data collection processesBuild relationships with stakeholders across Group Credit Management, Business Areas, Risk Models, and TechnologyDevelop expertise in high-risk customer processes and applications

Who you are

This is the right role for you if you: 

Have hands on experience in model development or developments projects from areas like credit processes or credit data in banking or consultancy firmsAre passionate about credit risk management and have a good understanding in accounting principles, regulatory requirements, systems, and data flowsAre analytical and solution-oriented, applying creative thinking to complex problemsTake ownership of your responsibilities and collaborate effectively as part of a teamAct with initiative, driving projects forward independentlyFocus on results while maintaining flexibility to support team objectives

Your background and skills include: 

3-5 years of experience in:

Knowledge of LGD models and regulatory requirements (EBA guidelines, EGIM, CRR)Understanding of credit processes for both household and corporate customersData analysis skills, preferably Python coding experienceExperience with ECB regulatory environmentStrong communication skills and ability to drive stakeholder meetingsAdaptability to work in fast-paced environments with tight deadlinesPositive "can-do" attitude and solution-oriented mindsetFluency in English at professional level (written and spoken)

What we offer

People come here when they want to get somewhere. For some, it's to take their career to the next level. For others, it's to break new ground within their area of expertise – in other words, with us, you will always move forward.

A culture that fosters performance and growth in one of the largest Nordic banks, offering various opportunities to evolve, develop and learn from brilliant colleagues with diverse backgrounds in a vibrant working environment.

Hybrid working model – we believe in the value of bringing people together and at the same time we embrace the freedom of flexibility.

Diversity and inclusion are a natural part of our daily work. We know that an inclusive workplace is a sustainable one. We genuinely believe that our diverse backgrounds, experiences, characteristics and traits make us stronger together. Every day we strive to find new ways to improve diversity and inclusion within our community e.g. we have signed the European Diversity Charters in the countries where we operate to show our commitment and engage with others to continue learning and improving.

If this sounds like you, get in touch

Next steps

Submit your application no later than 10/12/2025. We will continuously invite relevant candidates for interviews.

The recruitment process consists of the following steps:

Preliminary CV selectionPhone conversation with the recruiterOnline interviews with the hiring leader and other stakeholdersBackground check

We enable dreams and aspirations for a greater good.

We build relationships. We add a personal touch to everything we do – when advising our customers, collaborating with colleagues, and meeting our potential candidates.

We learn and develop. We take pride in being experts and thinking ahead. We use our expertise to meet our customers' needs, from the simplest to the most complex. We bring a growth mindset to our work that enables us to focus on a broader perspective in our daily challenges.

We lead change. We are responsible and aware of the impact of our decisions, both for our customers and for our local and global communities. Mindful of our responsibility towards current and future generations, we have made sustainability an integrated part of our business strategy.

We are Nordea. We have a 200-year history of supporting and growing the Nordic economies and our values are deeply rooted in these open, progressive and collaborative societies. As one of the biggest employers in the Nordics, Poland and Estonia, you have excellent opportunities to evolve, develop and move forward with us.

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

For candidates in Sweden: For union information, please contact or

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