Senior Credit Risk Model Validator & Lead Quant Analyst

Nordea Bank Norge ASA; Poland; Hybrid; PLN 180,000 - 300,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Nordea Bank Norge ASA is seeking a skilled model risk analyst to strengthen its independent validation function. You will perform validations of credit risk models (IRB PD/LGD/EAD, IFRS9) and contribute to model governance.

You will collaborate with stakeholders, communicate findings clearly in English, and help develop techniques and processes for model validation. A quantitative degree plus Python or SAS experience is required, with EAD/LGD experience a plus.

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.
• Validate credit risk models (IRB PD/LGD/EAD, IFRS9) and support model governance.
• Identify model risk using quantitative and qualitative analyses.
• Communicate validation outcomes to stakeholders.
• Guide developers and stakeholders on model risk management.
• Develop techniques and processes for model validation.
• Lead validations to ensure high-quality MRV deliveries.

Skills

Python

SAS programming

Education

Academic degree in a quantitative field such as mathematics, econometrics, statistics, finance, engineering or economics

Job description

Nordea Bank Norge ASA is seeking a skilled model risk analyst to strengthen its independent validation function. You will perform validations of credit risk models (IRB PD/LGD/EAD, IFRS9) and contribute to model governance.

You will collaborate with stakeholders, communicate findings clearly in English, and help develop techniques and processes for model validation. A quantitative degree plus Python or SAS experience is required, with EAD/LGD experience a plus.