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Regulatory and Governance Expert to work with IRB model in Risk Models

Stockholm, SE, 111 46 Helsinki, FI, 00500 Warszawa, PL, 02-460

Job ID: 4672 


We are looking for an experienced Regulatory and Governance Expert to join the Regulation & Governance team within Risk Models.


The job provides a chance to work with highly skilled professionals on an exciting mix of regulatory and governance tasks pertaining to the IRB Approach of the largest bank in the Nordics.

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


The Regulation and Governance team in Risk Models manages regulatory relationships and risks for Nordea. We act as subject matter experts on current and future IRB-related regulation, and we develop and maintain strong and regulatory compliant governance and control frameworks.


What you will be doing:


  • Act as an expert within regulation on IRB models
  • Scan for regulatory developments (EU and Nordic) and assess their impact on Nordea’s IRB models
  • Help coordinate Nordea’s supervisory liaisons related to IRB models
  • Help develop and maintain a strong governance framework, including working with policies, controls, issue management, documentation management


In this newly created role, you will be involved in key aspects of the bank’s IRB Approach. Depending on business needs and your level of experience, you may be asked to: advise on the interpretation of a regulatory expectation, design a governance and control framework to embed regulatory changes, draft clear and concise communication to an FSA. And there will also be grunt work such as documentation management, maintenance of regulatory logs etc.

The role is based in Stockholm; Helsinki; Warszawa.

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.  

You may have experience from a similar role at a bank, at a regulator or from consulting.


To succeed in this role, we believe that you are:


  • Structured, analytical and self-driven
  • Great at managing stakeholder relations
  • An excellent writer


And that you:


  • Love to think in terms of the ‘big picture’, yet have keen attention to detail
  • Enjoy establishing and maintaining structured processes for the way we work
  • Thrive in a demanding environment that is constantly changing


Your experience and background:


  • 7+ years of relevant working experience
  • Good knowledge of IRB models (or other internal models)
  • Familiarity with the regulation on IRB models (or other internal models)
  • Strong numerical skills
  • A master's degree in economics, finance or similar
  • Working knowledge of a Scandinavian language or Finnish is an advantage, but not a requirement


Seniority of the role and remuneration will depend on the level of candidates’ experience in the relevant fields.


If this sounds like you, get in touch!


Next steps

Submit your application no later than 11/02/2022. For more information, you’re welcome to contact Laurits Fabricius Brinch.

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.

Department:  Analyst

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