Arbetsbeskrivning

Nordea is a leading Nordic universal bank. Job ID: 31860 Model Validators (all levels) (permanent position) Would you like to be part of a team with experienced and talented colleagues and make a difference for Nordea’s credit risk models? We are currently looking for skilled Analysts to strengthen Nordea's independent model validation function. About our team Welcome to the Model Risk & Validation unit. We add value by assessing risks related models used in Nordea through independent model validation and other means. As a Model Validator, you will play a key role in ensuring that models satisfy internal and external standards for conceptual soundness, performance and use. 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: * Take an active role in the validation of existing, new and changed credit risk models, including  IRB (PD/LGD/EAD), IFRS9 and credit risk stress testing models. * Use quantitative and qualitative analyses to identify and assess model risk. * Communicate the outcome of our reviews to a variety of stakeholders. * Advise and guide model developers and other stakeholders in managing model risks. * Develop and improve techniques and processes for model validation. In addition Senior and Leads roles will: * Perform validations independently (senior level). * Lead validations to ensure that MRV's deliveries are completed with a high quality (lead level). Applicants at all different levels of seniority will be considered. You will join a dynamic and inclusive team of experienced model risk experts with diverse backgrounds and willingness to share their expertise and learn from you. We work in a cross-border team with team members in Copenhagen, Helsinki, Stockholm and Warsaw. We provide a working environment with a balanced hybrid approach combining both collaboration in the office and remote work. Who you are This is the right role for you if you: * Are confident in your analysis, but also willing to challenge your views with peers. * Engage in a productive collaboration with stakeholders including model owners/developers. * Enjoy working in a team, but also independently. * Have an eye for detail, yet able to see the big picture. * Have excellent skills in spoken and written communication (English). * Effectively communicate complex topics to a variety of stakeholders. Your background and skills include: * Academic degree in a quantitative field, such as mathematics, statistics, finance, engineering or economics. * Experience in Python or SAS programming is an advantage. * Experience in EAD or LGD modelling is an advantage. Lead and Senior candidates are expected to have previous experience within model development and/or model validation. 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 15/12/2025. For more information, you’re welcome to contact Daphne Konrad at [email protected]. For union information, please contact Finansförbundet at [email protected] or SACO at [email protected].