Senior/Lead Quantitative Analyst, Counterparty Credit Risk

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

Job ID: 26717
Group Risk is looking for a Senior/Lead Quantitative Analyst in the Counterparty Credit Risk (CCR) team with strong industry experience. This is an opportunity for you to work with a team of highly skilled colleagues, enabling it to deliver on the Counterparty Credit Risk agenda, and continuously improve risk management capabilities. At Nordea, we’re committed to being a partner our customers and society can count on. Compliance and integrity go hand in hand. Joining us means you’ll have an impact on how we do banking – today and tomorrow. So bring your ideas, skills and unique background. With us, you’ll be in good company with plenty of opportunities to collaborate, grow and make your mark on something bigger. About this opportunity As a Senior/Lead Quantitative Analyst, you will be a senior member of Group Financial Risk Management and Control-unit. The unit is accountable for ensuring Nordea's Market and Counterparty Credit Risks are well understood and managed across the group.

The role will be part of the Financial Risk Management function which adds value by evaluating, challenging and reporting of Nordea’s counterparty credit risk portfolio via stress testing and daily risk management activities. Areas covered are Counterparty Credit Risk, xVA Market Risk, Securities Financing and Securitisation Risk. The role is based in Copenhagen or Warsaw. What you’ll be doing:

• Own and execute external and internal counterparty credit risk stress testing
• Perform in-depth analysis on the counterparty credit portfolio and stress test results, prepare and explain the risk analysis to senior stakeholders, committees and regulators
• Develop, maintain. review and control processes for the stress testing results, engaging with stakeholders to test the adequacy of the outcomes
• Understand key drivers and risks in order to ensure that the stress test analysis can support business decisions
• Understand the counterparty credit risk stress testing models, and assess the compliance of the stress testing framework with respect to the regulatory capital and stress testing requirements
• Work in various projects that are highly prioritised within the bank such as EBA or ICAAP stress test exercises
• Supporting other financial risk management tasks including change projects, live-deal assessments & approvals, CCR portfolio management and reporting
• Continuously developing your own understanding of prevailing and emerging industry risks relevant for CCR

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:

• Excellent project management and organisational skills, with a focus on high quality deliverables
• Self-motivation and ability to independently take full ownership of your tasks/responsibilities, whilst also enjoying working as part of a team and contributing to team efforts
• Impactful written and spoken communication skills, including the ability to present complex and sensitive issues to senior management
• Highly detail-oriented whilst still being able to grasp the bigger picture
• Ability to manage multiple tasks concurrently in an efficient and effective manner
• Exceptional analytical skills
• Programming skills are seen as an advantage

Your experience and background: The ideal candidate will be an experienced financial professional with a deep knowledge of derivative products, pricing and risk. She/he will have excellent stakeholder management skills, be comfortable in front of senior professionals and be an advocate of the importance of a strong risk culture within the bank.

The ideal candidate will have:

• 4+ years experience operating within a financial markets role. Experience in Counterparty Credit Risk or Market Risk is seen as an advantage
• Knowledge of financial products with prior professional experience analysing/modelling derivatives
• Candidate is likely to have an excellent academic background, including a degree in a quantitative discipline, such as economics, finance, statistics/mathematics, sciences or engineering
• Excellent written and spoken English – Nordea’s official language is English
• Programming experience is seen as an advantage

If this sounds like you, get in touch!

Next steps Submit your application no later than 31/10/2024. For more information, you’re welcome to contact Rasmus Møller Dørr Pedersen 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.

Please be aware that any applications or CVs coming through email or direct messages will not be accepted or considered.

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