Quantitative Developer (Analyst) in Markets & Treasury Financial Control

Job ID: 26873 
 

Would you like to help Nordea develop more robust tools used to ensure accurate valuation of financial instruments? We are now looking for a Quantitative Developer (Analyst) to join the Valuation Analytics team to build infrastructure used to support valuation processes.

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 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 this opportunity
 

Welcome to the Valuation Analytics team. We add value by building tools and infrastructure used to ensure prudent valuations are used for Nordea exposures to financial instruments.

The team is part of the Valuation Management & Control unit, that acts as the 1st Line of defense in the valuation area and ensures prudent valuations are used for Markets and Treasury. 

This includes monitoring of pricing models, independent price verification, controls on market data and calculation of model risk & valuation adjustments.

The team builds common tools and infrastructure in close cooperation with the teams running the valuation processes.

We enable more efficient and resilient processes, provide business intelligence tools on valuation adjustments and help ensure compliance (to internal and external requirements) on controls, reporting, analysis, data and processes.

As Quantitative Developer (Analyst) you’ll play a valuable role in developing robust infrastructure and tools used for valuation processes (predominantly in Python and SQL). As an developer working in the intersection of business and IT, you will support in designing solutions and help ensure appropriate (technical) standards are met when tools are developed in the unit.

What you’ll be doing:

• Develop infrastructure to support valuation management and control processes (predominantly in Python and SQL)
• Support in solution design and development of IT applications supporting the unit and its processes
• Support the units automation journey by automating processes

You’ll join a newly formed ambitious team that’s purpose is to unlock potential in the unit by developing robust solutions and automating processes.

The role is based in Finland (Helsinki) or Poland (Warsaw).

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:

• Are a high performing team player who embraces change and strives for continuous improvement
• Are self-driven and able to work independently, but also have keen interest and ability on sharing knowledge with others
• Have strong analytical skills and attention to detail, but also able to see the bigger picture and how things are interconnected
• Are interested in working with valuation of financial instruments in the intersection of business and IT
• Are curious and proactive, focus on solutions rather than problems and share our enthusiasm for developing and learning and constantly improving your skills and competences

Your experience and background: 

• Bachelor’s or Master’s degree in Computer Science, Finance, Economics, Statistics or equivalent
• Strong technical skillset with at least 3 years of experience in Python programming
• Experience with SQL and relational databases
• Experiences in data analysis and working with large amounts of data

It would be also ideal if you would have experience in:

• Experienced in solution design and software design patterns

• Building business intelligence tools/dashboards (e.g. PowerBI)
• Valuation of financial instruments and pricing models
• Quantitative models and/or machine learning
• Experience in MATLAB is considered an advantage
• Object oriented programming in other languages (e.g. C++, Java) and web software development is considered an advantage

If this sounds like you, get in touch!

Next steps

Submit your application no later than 24/11/2024. 

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.

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: nordea.com/en/doc/nordea-privacy-policy-for-applicants.pdf

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