Vacant job

Do you want to be part of developing the core of our business – credit granting – and contribute to driving NOBA's continued success journey? We are now looking for an Underwriting Analyst who wants to combine analytical sharpness with business understanding in a role that is both strategic and operational.

About the role:

As an Underwriting Analyst at Nordax Bank, part of NOBA Bank Group, you will be a key player in our underwriting team – a team responsible for ensuring sound credit decisions and long-term risk balance in our product portfolios. Here, you will work closely with senior colleagues and play a central role in developing our credit strategies, processes, and models to strengthen the bank's risk management and profitability over time.

You will be part of a dedicated team in Stockholm and report to the Head of Credit Underwriting and Decision Analytics. Together, you will create the conditions for sustainable and data-driven credit granting that makes a real difference.

What we offer:

• An analytical role with a clear strategic focus where your insights impact our entire credit operation.
• The opportunity to combine business understanding with deep analysis – in an organization where decision-making paths are short and the culture is value-driven.
• A competent and cohesive team with high ambitions, where you can take space, influence, and grow.
• A flexible work environment based in our office in Stockholm.

Main responsibilities: Your responsibility will be to drive a proactive agenda to continuously improve the underwriting of credits in the bank's product portfolio, focusing on mortgages and personal loans with the ultimate goal of reducing risk in the portfolio over time. You will constantly collaborate closely with your team colleagues who are responsible for respective country/production combinations to analyze, prioritize, and drive implementation projects and follow-ups related to improvements in the credit granting process. The position suits you if you have strong self-leadership and previous experience of independently driving work to identify areas for improvement and implementation from start to finish. Furthermore, we believe that you want to work in a company with strong growth and a focus on development! We are looking for someone who:

• Has at least 2 years of relevant experience as an analyst in the credit, banking, or consulting industry.
• Has very good analytical and problem-solving skills.
• Has good knowledge of SAS, SQL, Python, R, or similar languages.
• Has experience in credit granting to individuals and an understanding of related processes.
• Has strong technical understanding and the ability to drive development projects from idea to implementation.
• Has excellent ability to express yourself in Swedish and English, both orally and in writing.
• Has an academic degree in economics, engineering, statistics, or equivalent.

It is an advantage if you also have experience of the Nordic credit market and an understanding of the regulatory landscape.

To thrive and perform well in the role, we believe you need to be: We believe you are an initiative-taking and self-driven person with strong self-leadership. You like to take responsibility, drive improvements, and find solutions even when the path is not straightforward. Collaboration, clear communication, and building trust come naturally to you – and you thrive in an environment where development and change are part of everyday life. Our culture At NOBA, we believe in people's ability to create results. We have short decision-making paths, high ceilings, and make decisions quickly. We are value-driven and see culture building as a key to success. If you recognize yourself in our values – wholehearted, responsible, and challengers – then you may very well be the one we are looking for!

Practical information: Employment type: Permanent position (applying a 6-month probationary period) Working hours: 08:30-17:00 (Jun-Aug 08:30-16:00)

Read more about the practical aspects at the bottom of the ad. 

Have you heard about NOBAVERSE? In our NOBAVERSE, we value openness, trust, and diversity. With us, you can influence your development and have fun along the way towards our goals – all in a slightly extra bubbly environment!  Read more about our employee promise on our career page.  (https://careers.noba.bank/)

Read more about our recruitment process in our FAQ (https://careers.noba.bank/pages/faq).

We would like to, with reference to GDPR, ask you not to include any sensitive personal data in your application, such as information about ethnic origin, political opinions, religious beliefs, or health. 

Read more about how we handle your personal data here (https://careers.noba.bank/data-privacy). 

If you have any questions regarding the position, please contact the responsible recruiter. We look forward to your application!