Lead Credit Risk Model Validator (IRB/IFRS9)

Nordea Bank Norge ASA; Warszawa; Hybrid; PLN 180,000 - 280,000; Full time

Job summary

Nordea Bank Abp Poland is seeking analysts to strengthen independent model validation for credit risk models (IRB PD/LGD/EAD, IFRS9). You will validate models, identify risks, and communicate outcomes to stakeholders.

You will collaborate with model owners, develop methods, and lead validations to ensure high-quality deliveries. Strong Python or SAS skills and a quantitative degree are required. Hybrid work model in Poland with Nordic banking culture.

Qualifications

• Academic degree in a quantitative field.
• Experience in Python or SAS programming.
• Experience in EAD or LGD modelling is an advantage.

Responsibilities

• Perform validations independently.
• 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 reviews to stakeholders.
• Advise and guide model developers and other stakeholders in managing model risks.
• Develop and improve techniques and processes for model validation.
• Lead validations to ensure MRV's deliveries are completed with high quality.

Skills

Python

SAS

Credit risk modelling

Education

Bachelor's degree in a quantitative field

Job description

Nordea Bank Abp Poland is seeking analysts to strengthen independent model validation for credit risk models (IRB PD/LGD/EAD, IFRS9). You will validate models, identify risks, and communicate outcomes to stakeholders.

You will collaborate with model owners, develop methods, and lead validations to ensure high-quality deliveries. Strong Python or SAS skills and a quantitative degree are required. Hybrid work model in Poland with Nordic banking culture.