Junior Quantitative Analyst - XVA Model Development

Warszawa, PL, 02-460

Job ID: 12258 


We are looking for a Junior Colleague to join the XVA Model Development team as a Quantitative Analyst. If it’s in line with your interests and aspirations – apply! It’s an exciting time for you to join us. We’re a changing company with big ambitions and together we’ll create the future of banking.


Working with us, you will play a part in building a better bank that fulfils a meaningful role in society. We aim to help our 11 million customers around the world improve their lives and reach their goals.  


The offer


As the Junior Quantitative Analyst involved in XVA Model Development, you’ll be ensuring model development and continued good performance of Nordea’s accounting XVA models and associated prudential valuation models and techniques. You will be contributing to changing the way we work in an environment with possibilities to introduce new and innovative ideas.


What you’ll be doing:

  • Develop and enhance accounting XVA models.
  • Build tools for monitoring model performance measures and analyse findings.
  • Monitor and control performance of developed models in production.
  • Contribute to ad hoc model risk analysis as input for decision making.
  • Develop and support associated prudential valuation models.


The role is based in Warsaw. Welcome to an international team comprising people from different nationalities where tasks are performed in a helpful atmosphere with a feeling of joint responsibility.


Who are you


Collaboration. Ownership. Passion. Courage. The four key values that guide us in being at our best and that we expect all our colleagues to be committed to.


To build a successful career with us, you’ll work well with others and always act with the customer’s needs in mind. You love learning and trying new things, and you’re excited about bringing your ideas to the table. You’re honest and dependable, willing to speak up even when it’s difficult, and committed to empowering others. You’re passionate about doing a great job.


You have:

  • Knowledge of quantitative finance and derivatives pricing models.
  • Good coding skills and preferably experience with JAVA/Python and SQL.
  • Initiative and take responsibility to deliver value adding results.
  • The ability and desire to build your own competencies and share your ideas with others.


Your background:

  • You have a degree in Mathematics/Physics/Finance or equivalent quantitative background (Master's or PhD).
  • Have good communication skills, including English as working language (both spoken and written).


If this sounds like you, we look forward to welcoming you to the team!


Next steps

Submit your application no later than 19/10/2022.

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 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: privacy-policy.2021.pdf (nordea.com).


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



Department:  Credit and Risk management

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