Quantitative Risk Analyst - IFRS9 & Stress Testing

Nordea Bank Norge ASA; Stockholms kommun; Hybrid; SEK 900,000 - 1,100,000; Full time

Job summary

Nordea Bank Abp is seeking a Quantitative Risk Analyst to join the Credit Stress Testing & IFRS9 Models team. The role is permanent and can be based in Stockholm, Helsinki, and Warsaw, with a hybrid work model.

You will design large datasets, develop IFRS9 and stress testing models, and create Python-based tools for portfolio scenario analyses. Strong English skills and 2+ years in data/models are required.

Qualifications

• MSc or PhD in a quantitative field (e.g., statistics, mathematics, economics, engineering).
• At least two years of experience working with data and models.
• Proficiency with programming languages and environments such as Python, SQL, PySpark, JupyterHub, etc.
• Full proficiency in English; all communication in English.

Responsibilities

• Design and implement large datasets to solve complex problems.
• Develop quantitative models within IFRS9 and stress testing suite of credit risk models.
• Develop Python-based tools to simulate portfolio impact for scenario analysis, including stress testing and macro sensitivities.
• Build relationships with stakeholders to facilitate understanding of models and framework.
• Provide sharp data analytics to contribute to key decisions.

Skills

Quantitative analysis

Proactive

Communication

English proficiency

Education

MSc/PhD in quantitative field

2+ years data & models

Tools

Python

SQL

Pyspark

JupyterHub

Job description

Nordea Bank Abp is seeking a Quantitative Risk Analyst to join the Credit Stress Testing & IFRS9 Models team. The role is permanent and can be based in Stockholm, Helsinki, and Warsaw, with a hybrid work model.

You will design large datasets, develop IFRS9 and stress testing models, and create Python-based tools for portfolio scenario analyses. Strong English skills and 2+ years in data/models are required.