Quantitative Risk Expert
3 weeks ago
Job Overview
As a key member of the Credit Risk Stress Testing & Simulation team at Nordea Bank, we are seeking a highly skilled Quantitative Risk Analyst to execute and improve the bank's credit and climate risk stress testing for different portfolios.
Key Responsibilities
- Execute external and internal credit and climate risk stress test exercises, analyzing the impact of stress test results on Nordea's credit portfolios and customers.
- Develop and maintain review and control processes for the stress testing results, engaging with stakeholders to test the adequacy of the outcomes and develop and propose adjustments where appropriate.
- Perform in-depth analysis on the credit portfolio and stress test results, preparing and explaining the risk analysis results to senior stakeholders, committees, and regulators.
- Ensure a strong feedback loop between control and review processes, and model development, analyzing and contributing requirements to model development and lifecycle management.
- Understand key drivers and risks in order to ensure that the stress test analysis can support business decisions.
Requirements
- A Master's degree within a quantitative field, including but not limited to statistics, mathematics, finance, accounting, economics, or engineering.
- Experience from responsibilities relating to control and analysis processes.
- Experience in working with data and Business intelligence, knowledge of statistical models.
- Knowledge of Python. Experience with other languages such as SAS and SQL is an advantage.
- Excellent collaboration skills and excellent presentation and communication skills in English.
About Nordea Bank
We are committed to being a partner our customers and society can count on, with compliance and integrity guiding our actions. Join us to contribute to shaping the future of banking and make a meaningful impact.
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