Senior / Quantitative Risk Analysts to Risk Models

Job ID: 1480

We are looking for a Senior / Quantitative Risk Analyst to our dynamic team. In this recruitment we put great value in you as a person and therefore encourage all levels to apply. The role is permanent and can be based in Stockholm, Helsinki and Warsaw.

About our team

Meet the Credit Stress Testing & IFRS9 Models team in Risk Models, Group Risk. Our role is to upscale Nordea’s models and frameworks for internal expected loss. You will cooperate closely with your colleagues across the bank and you will have great possibilities to develop your skills within credit risk area – a field which is in high focus in Nordea. Our team have an open and inspiring atmosphere where we value being good colleagues. The team has a broad range of seniority levels which is why we welcome different seniorities to join since we have capacity to both train and onboard you, but also to learn more from you. You will report to Head of ECL Models who is based in Stockholm.

Collaboration. Ownership. Passion. Courage. These are the values that guide us in how we work and how we make decisions – and that we imagine you share with us.  

What you’ll be doing

Main responsibilities in this role:

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

Who you are

This is the right role for you if you:

• Show quantitative analytical capability, proactivity and problem-solving skills to find solutions to loosely defined problems
• Enjoy working hands-on with large datasets using Python, Spark and SQL but are equally comfortable discussing results with stakeholders
• Can prioritize what is most important and are committed to deliver high quality on time
• Are dependable, willing to speak up even when it’s difficult

Your background and skills include:

• An academic degree (MSc or PhD) within a quantitative field, including but not limited to statistics, mathematics, economics or engineering
• At least two years’ experience working with data and models, and 5+ years experience for a Senior role
• Proficiency with programming languages and environments such as Python, SQL, Pyspark, Jupyterhub etc.
• Full proficiency in English, since all communication will be in English

What we offer

People come here when they want to get somewhere. For some, it’s to take their career to the next level. For others, it’s to break new ground within their area of expertise – in other words, with us, you will always move forward.

A culture that fosters performance and growth in one of the largest Nordic banks, offering various opportunities to evolve, develop and learn from brilliant colleagues with diverse backgrounds in a vibrant working environment.

Hybrid working model – we believe in the value of bringing people together and at the same time we embrace the freedom of flexibility.

Diversity and inclusion are a natural part of our daily work. We know that an inclusive workplace is a sustainable one. We genuinely believe that our diverse backgrounds, experiences, characteristics and traits make us stronger together. Every day we strive to find new ways to improve diversity and inclusion within our community e.g. we have signed the European Diversity Charters in the countries where we operate to show our commitment and engage with others to continue learning and improving.

If this sounds like you, get in touch!

Next steps

Submit your application no later than 20/02/2026. For more information, you’re welcome to contact Andreas Wirenhammar at andreas.wirenhammar@nordea.com.

We enable dreams and aspirations for a greater good.

We build relationships. We add a personal touch to everything we do – when advising our customers, collaborating with colleagues, and meeting our potential candidates.

We learn and develop. We take pride in being experts and thinking ahead. We use our expertise to meet our customers’ needs, from the simplest to the most complex. We bring a growth mindset to our work that enables us to focus on a broader perspective in our daily challenges.

We lead change. We are responsible and aware of the impact of our decisions, both for our customers and for our local and global communities. Mindful of our responsibility towards current and future generations, we have made sustainability an integrated part of our business strategy.

We are Nordea. We have a 200-year history of supporting and growing the Nordic economies and our values are deeply rooted in these open, progressive and collaborative societies. As one of the biggest employers in the Nordics, Poland and Estonia, you have excellent opportunities to evolve, develop and move forward with us.

Only for candidates in Finland: A security clearance will be performed for the person selected for this position.

Only for candidates in Sweden: For union information, please contact Finansförbundet at finansforbundet@nordea.se or SACO at SacoNordea@nordea.com.

Only for candidates in Poland: 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: https://www.nordea.com/en/doc/nordea-privacy-policy-for-applicants.pdf

We reserve the right to reply only to selected applications.