Vacant job

Job ID: 3083

We are looking for a Senior/Quantitative Analyst to join the EAD Models team. The role is permanent and can be based in Helsinki, Stockholm, Oslo, Copenhagen, or Warsaw. The seniority level and remuneration will depend on the candidate’s experience in relevant fields.

This role combines advanced modelling, practical implementation of models within our IT infrastructure, and a solid understanding of banking. You should enjoy working with large datasets, solving problems, and finding new and innovative solutions.

About our team

Welcome to EAD Models, where we are responsible for developing and maintaining EAD models under IRB. We strive to develop models that assist the business in decision-making and ensure compliance with relevant regulatory environments across multiple countries.

We add value by accurately estimating risk parameters for Nordea’s customers. As a Senior Quantitative Risk Analyst, you will play a valuable role in developing, maintaining, and utilizing models that accurately estimate the credit risk of Nordea’s customers. You will join an international team with diverse backgrounds and skills. We work closely with other teams across the bank, providing excellent opportunities for personal and professional development.

Given the nature of our data and regulatory requirements, we use advanced modelling techniques and big data technology. In addition to employing leading techniques for modelling and data, the team’s role encompasses general risk governance within credit risk modelling and methodology, including model management, model implementation, data quality, documentation, and model usage.

Collaboration. Ownership. Passion. Courage. These are the values that guide our work and decision-making – and we imagine you share with us.

Main responsibilities in this role:

• Work on subsets of model lifecycle activities such as data pipeline, data quality work, development, documentation, implementation, maintenance, monitoring, requirement setting, and user acceptance tests within credit and impairment models.
• Contribute to methodological standards, modelling tools, coding practices, and the continuous improvement of the modelling framework.
• Lead or drive projects within the IRB models.
• Present and justify analyses, results, and their implications to stakeholders, either through periodic activities or ad-hoc requests.
• Collaborate with cross-functional teams within Risk Models or across Nordea.
• Provide technical guidance, review the work of other modellers, and support the setting of modelling strategy and priorities.
• Stay informed on regulatory developments and industry practices.

Who you are

This is the right role for you if you:

• Are curious, enjoy learning, and are excited about bringing your ideas to the table.
• Take ownership of tasks but enjoy collaborating with others.
• Are confident in advanced quantitative modelling and eager to challenge ideas constructively.
• Communicate complex statistical or methodological concepts clearly to both technical and non-technical audiences.
• Enjoy working with large datasets and navigate well in tools used to analyse them.
• Work well in a dynamic environment with varying workloads.
• Are keen to find solutions rather than just raising concerns.
• Can see the big picture but know that the devil is in the details. You are good at judging which details require extra attention.
• Are committed to delivering high-quality work.

Your background and skills include:

• A Master's or PhD in a quantitative field, such as economics, engineering, business, mathematics, science, statistics, finance, or similar.
• Professional experience working with data and modelling, and conducting complex data analysis.
• Experience with large volumes of data and programming – we mainly use Python/SQL.
• Solid understanding of regulatory requirements related to IRB or IFRS9.
• Prior experience in credit risk, IRB, or IFRS9.

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 while embracing 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; for example, 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 than 19/06/2026. For more information, you are welcome to contact Alan An Tu at [email protected].

For union information, please contact Finansförbundet at [email protected] or SACO at [email protected].