GFCP Master Business Developer for Financial Crime Models

Job ID: 1094

We are looking for a Group Financial Crime Prevention (GFCP) Master Business Developer specialised in Model Development to join the “Design, Review, Optimise and Model Management” team. The successful candidate will contribute to design, analyse and optimise models for transaction monitoring to strengthen AML/CTF control environment. This is an opportunity for you to be part of one of the most exciting and challenging efforts going on within Nordea on our journey to fight financial crime.

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 crime prevention 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 our team

Welcome to the “Design, Review, Optimise and Model Management” team, within Transaction Monitoring (TM) Unit. Our team is part of GFCP, which provides group-wide solutions to fight financial crime in Nordea. We develop, manage and optimise automated TM controls across the financial services businesses that together comprise the Nordea Group. We add value by securing that our customers and Nordea will not be used in illegal ways that could harm them and as well harm our society where we act. As the Master Business Developer, you will play a valuable role in fighting against financial crime.

The high focus on Financial Crime Prevention in the group gives the appointed candidate a unique and exciting opportunity to continue to create “best in class” TM control solutions and lay the foundations for the future. In this position, you will thrive at the crossroads of financial crime, data science, and model risk management to produce business-oriented results.

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:

• Own the development and validation of transaction monitoring models, with a focus on model documentation, model review and model governance
• Drive model governance activities within TMU, including validation assessments and implementation of 2nd line feedback
• Set and execute the direction for model development and experimental design by finding the right balance between analytical rigor and practical constraints
• Document model design and outcomes, iterating with the analytics team to ensure accuracy, completeness and analysis of model assumptions, limitations and weaknesses
• Provide hands-on support for prototyping tests and analytical methodologies
• Mentor, uplift and collaborate within the analytics team to design, test and implement model SOPs, e.g. data lineage/governance, tuning and calibration, monitoring of model operations and outcome
• Represent the organisation with high degree of professionalism in collaboration with both external and internal stakeholders

You’ll join a team where you can bring your talent and engagement to work in an international and dynamic environment. The role is based in either Tallinn, Warsaw, Stockholm, Copenhagen (Taastrup).

Who you are

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

• Extensive experience in model risk management, model governance and validation 
• A strong background in data science, statistics and quantitative methods 
• Experience in academic writing or technical writing, particularly in the context of model documentation 

Your experience and background: 

• An advanced degree in a quantitative field, e.g. Computer Science, Actuarial Science, Statistics, Mathematics, or equivalent 
• Experience in Financial Crime/AML, e.g. transaction monitoring and technology suppliers (preferred) 
• Experience as model validator or quantitative risk analyst (preferred) 

Soft skills:

• Organised, structured and professional in taking initiative & work proactively under own direction 
• Assertive communication with ability to set the direction and achieve results 
• Ability to work in a dynamic environment with changing priorities 
• Strong analytical and problem-solving skills 
• Excellent communication, presentation and stakeholder management skills 
• You are fluent in spoken and written 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 Please submit your application which must include CV and motivation letter no later than 15/03/2025. 

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 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.