XVA Analyst

København S, DK, 2300 Warszawa, PL, 02-460

Job ID: 22127
Would you like to work closely with the XVA trading desk and front office operations? We are now looking for an XVA Analyst to join the middle-office XVA Team in Valuation Management and Control.

At Nordea, we see that the world is changing fast – and we want to be one step ahead of the curve. That’s why we’re deeply committed to providing the financial solutions of tomorrow to our customers. We’re creating an agile environment where we experiment and grow together – and we need your ideas and unique background. With us, you’ll be in good company with a chance to make your mark on something bigger.

About this opportunity
Welcome to the XVA team. We add value by ensuring continued good performance of Nordea’s XVA models and associated prudential valuation models and techniques. As the XVA analyst, you’ll play a valuable role in changing the way we work in an environment with possibilities to introduce new and innovative ideas.

What you’ll be doing:

• Be responsible for the effective completion of the daily controls, reports and anakyses of XVA Profit and Loss, and associated risk metrics
• Support the monthly and quarterly financial reporting processes in Nordea
• Lead initiatives to enhance models for XVAs and associated Additional Valuation Adjustments (AVAs) in the prudent valuation framework, working closely with front-office developers and the XVA trading desk

You’ll join a team of knowledgeable quantitative and business analysts, across different geographical locations. The role can be based in Denmark or Poland.

Who you are

Collaboration. Ownership. Passion. Courage. These are the values that guide us in being at our best – and that we imagine you share with us.

To succeed in this role, we believe that you:

• Have a constructive attitude to work with a diverse team across different geographic locations
• See the bigger picture and cooperate across the different business areas and lines of defence

Your experience and background:

• Bachelor's or Master's in a STEM subject, e.g. Mathematics, Physics, Quantitative Finance, Statistics
• 2+ years of professional experience in financial services
• Familiarity with valuation adjustments, in particular CVA/DVA and FVA
• Good knowledge of Python programming language, Excel/VBA and SQL
• Excellent communicator in English, both spoken and written

If this sounds like you, get in touch!

Next steps Submit your application no later than 15/05/2024. For more information, you’re welcome to contact Bruno De Maria ([email protected]). At Nordea, we know that an inclusive workplace is a sustainable workplace. We deeply believe that our diverse backgrounds, experiences, characteristics and traits make us better at serving customers and communities. So please come as you are. For candidates in Poland only - Please include permit for processing personal data in CV as following: In accordance with art. 6 (1) a and b. Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation) hereinafter ‘GDPR’. I agree to have: my personal data, education and employment history proceeded for the purposes of current and future recruitment processes in Nordea Bank Abp. The administrator of your personal data is: Nordea Bank Abp operating in Poland through its Branch, address: Aleja Edwarda Rydza Śmiglego 20, 93-281 Łodź. Your personal data will be processed for the recruitment processes in Nordea Bank Abp. You have a right to access your personal data, right to rectify and right to delete. Disclosing the personal data in the scope specified by the provisions of Polish Labour Code from 26 June 1974 and executive acts are mandatory. Providing personal data is necessary to conduct the recruitment processes. The request for the deletion of your personal data means resignation from further participation in recruitment processes and causes the immediate removal of your application. Detailed information concerning processing of your personal data can be found at: nordea.com/en/doc/nordea-privacy-policy-for-applicants.pdf. We reserve the right to reply only to selected applications.