{"id":4037592,"url":"https://alion.io/job/nordea-quantitative-risk-analyst-credit-risk","title":"Quantitative Risk Analyst (Credit Risk)","company":{"id":449481,"name":"Nordea","domain":"nordea.com","url":"https://alion.io/company/nordea-4","size_band":"5000+","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"SuccessFactors","truth_index":{"grade":"A","score":100,"open_postings":19,"ghost_share":0,"stale_share":0.105,"repost_share":0,"time_to_fill_p50_days":18,"computed_at":"2026-11-15T07:52:55Z"}},"role":"Finance","role_family":"Finance","seniority":null,"employment_type":null,"work_mode":"hybrid","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Oslo, Norway"],"countries":["NO"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":null,"experience_years_min":null,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Python","optional":false},{"name":"SQL","optional":false}],"status":"live","first_seen_at":"2026-11-10T21:08:18Z","employer_posted_date":"2026-11-10","last_verified_at":"2026-11-15T18:39:55Z","board_verified":true,"closed_at":null,"days_open":5,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":5},"description":"Job ID: 6765\nWould you like to take a central role in shaping Nordea’s credit risk modelling landscape and add real business value for Nordea? Then this opportunity is for you.\nWe are looking for a Quantitative Risk Analyst to join our IRB modelling functions and drive the design, enhancement, and implementation of credit risk models across the organisation. The role combines advanced modelling, practical implementation of the models in our IT infrastructure and a sound understanding of banking. You need to enjoy working with large datasets, solve problems and find new and innovative solutions.\nAbout our team\nMeet the Risk Models Methodology & IRB models team. Our role is to develop and maintain models under IRB, and support other functions in the value chain. We strive to develop models that help business in their decisions and comply with relevant regulatory environment across multiple countries.\nOur team adds value by accurately estimating the IRB risk parameters for Nordea’s customers. As a Quantitative Risk Analyst you will play a valuable role in developing, maintaining and using models which accurately estimate Nordea customers’ credit risk and anchor these firmly in the business lines.\nGiven the nature of our data and regulatory requirements, we use advanced modelling techniques and big data technology. In addition to using leading techniques for modelling and data, the team’s role is general risk governance within credit risk modelling and methodology, including management of models, model implementation, data quality, documentation and model use.\nCollaboration. 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.\nMain responsibilities in this role:\nDevelop technical tools that can be used for model development and other analysis, using tools such as Python.\nWork on a subset of model lifecycle related activities like: data pipeline, data quality work, development, documentation, implementation, maintenance, monitoring, requirement setting, and user acceptance tests within credit and impairment models.\nContribute to methodological standards, modelling tools, coding practices, and continuous improvement of the modelling framework.\nDrive projects within the IRB Models, and manage stakeholder relationships in the Risk, IT and Business organisations.\nPresent & justify analyses, results, and their implications to stakeholders, either through periodic activities or through ad-hoc requests.\nProvide technical guidance, review the work of other modellers, and support setting modelling strategy and priorities.\nStay informed on regulatory developments and industry practices.\nYou’ll join an international team with a variety of backgrounds and skills. We work closely with other teams across the bank which provides you with excellent opportunities for personal and professional development. Our working language is English.\nThe role is based in Stockholm, Helsinki, Oslo or Warsaw. Flexible working conditions with respect to working from premises / from home apply according to the Nordea rules of working at least 60% from the office.\nWho you are\nThis is the right role for you if you are:\nCurious, enjoy learning and are excited about brining your ideas to the table.Take ownership of the task but enjoy collaboration with others.\nConfident in advanced quantitative modelling and eager to challenge ideas constructively.\nCommunicate complex statistical or methodological concepts clearly to both technical and non-technical audiences.\nEnjoy working with large datasets and navigate well in tools used to analyse them.\nWork well in a dynamic environment with varying workload.\nAre keen to find solutions and not only raise concerns.\nAble to think big picture but know that the devil is in the details. You are good at judging which details require extra attention.\nCommitted to deliver high-quality work.\nInterested in coding and development of technical tools.\nYour background and skills include:\nA Master’s or PhD in a quantitative field, for instance economics, engineering, business, mathematics, science, statistics, finance, or similar.\nInterest or hands-on experience working with data & modelling and conducting complex data analysis in financial services.\nrevious experience with large volumes of data and programming. We use mainly Python / SQL.\nInterest in understanding of regulatory requirements related to IRB, IFRS9 and stress testing and different modelling techniques.\nSeniority [Assistant/Regular/Senior/Lead] of the role and remuneration will depend on the level of the candidate’s experience in the relevant fields.\nWhat we offer\nPeople 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.\nA 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.\nHybrid working model - we believe in the value of bringing people together and at the same time we embrace the freedom of flexibility.\nDiversity 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.\nIf this sounds like you, get in touch!\nNext steps\nSubmit your application no later than 24/11/2026. For more information, you’re welcome to contact Martin Quarcoo, Head of Real Estate portfolios at , Chris Datema, Head of Corporate Portfolios at  or Matteus Arriaza-Hult, Head of Quantitative Methods & Projects at .\nWe enable dreams and aspirations for a greater good.\nWe build relationships. We add a personal touch to everything we do - when advising our customers, collaborating with colleagues, and meeting our potential candidates.\nWe 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.\nWe 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.\nWe 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.\nOnly for candidates in Finland: A security clearance will be performed for the person selected for this position.\nFor candidates in Sweden: For union information, please contact  or .","description_format":"text","description_chars":7521,"description_truncated":false,"requirements":{"experience_years_min":null,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"master","optional":false},"security_clearance":false,"languages":[{"language":"English","level":"All levels","optional":false}]},"benefits":["Flexible schedule","Hybrid work","Professional development"],"hiring_locations":[{"name":"Norway","iso":"NO","kind":"country"}],"hiring_excludes":[],"relocation_offered":false,"industries":["Commercial & Retail Banks","Wealth Management & Financial Advisors","Asset Management & Funds"],"lifecycle":[{"event":"open","at":"2026-11-10T21:08:18Z"}],"visa":[],"liveness":{"score":90,"band":"hot","label":"Hiring now","p_open":1,"p_active":0.899,"p_room":1,"age_days":4,"expected_fill_days":18,"reasons":["conf:2","velocity","win:early","comp:brand"],"computed_at":"2026-11-15T07:52:55Z"},"pay":null,"html_url":"https://alion.io/job/nordea-quantitative-risk-analyst-credit-risk","json_url":"https://alion.io/job/nordea-quantitative-risk-analyst-credit-risk.json","meta":{"generated_at":"2026-11-15T22:41:43Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":18841,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-11-16T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.1,"usd":0.01,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":449481},"rest":"https://alion.io/mcp/rest/get_company?id=449481"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fnordea-quantitative-risk-analyst-credit-risk"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"free","price":{"credits":0,"usd":0},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fnordea-quantitative-risk-analyst-credit-risk"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.1,"usd":0.01},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fnordea-quantitative-risk-analyst-credit-risk"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/nordea-quantitative-risk-analyst-credit-risk\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fnordea-quantitative-risk-analyst-credit-risk"}],"agent":{"mcp":"https://alion.io/mcp/jobs","mcp_open":"https://alion.io/mcp/open","next":[{"tool":"get_job","arguments":{"id":4037592}},{"tool":"search_jobs","arguments":{"company":"nordea.com","detail":"compact"}},{"tool":"match_people","arguments":{"job_id":4037592},"note":"people open to offers who fit this vacancy"}],"note":"The same data through MCP tools: https://alion.io/mcp/open needs no sign-in (compact searches, postings, people); https://alion.io/mcp with an Alion account has everything. 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