Senior Risk Analyst
Helsinki
The NORDIC INVESTMENT BANK (NIB) offers you the chance to do banking that makes a difference. The projects that we finance benefit the environment and improve productivity in the Nordic-Baltic region. We are an International Financial Institution owned by the eight Nordic and Baltic countries, and we offer you the possibility to work with experts from around the world. The challenges you will face working at NIB are unique and will provide you with valuable experiences. We value diversity and we are a close network of some 230 professionals located in the heart of Helsinki. The atmosphere is international and our official working language is English.
NIB is seeking a Senior Risk Analyst to join the Portfolio Credit Risk and Analytics team within the Risk & Compliance Department in Helsinki.
The Risk & Compliance Department is responsible for the management and control of the Bankโs financial and non-financial risks to safeguard the Bankยดs asset and operations in line with NIBยดs risk appetite.
The Senior Risk Analyst reports to the Head of the Portfolio Credit Risk and Analytics. The unit is responsible for portfolio-level credit risk management and monitoring, involving development and implementation of risk methodologies and models, internal computational systems, and reporting infrastructure. Main tasks of the team are development and maintenance of the Bankโs economic-capital framework, support of loan-pricing activities and tools, computation of loan impairments, and stress testing. The position offers excellent insight into the Bankโs business activities, and you will play a crucial role in developing and enhancing NIBโs risk capital framework.
Your role
โข Develop and maintain models and tools for measuring and managing NIBโs economic capital usage.
โข Provide advanced analytics and insights on various risk topics, such as economic capital, stress testing, climate risk, model validation, pricing.
โข Conduct research and provide recommendations to senior management and other stakeholders on portfolio credit risk-related issues and opportunities.
โข Inspire colleagues by sharing knowledge, providing feedback, and supporting innovation.
Your expertise (qualifications)
โข At least 5-10 years of experience in quantitative risk analysis, with a focus on model development or validation, ideally in the financial sector.
โข Masters or higher degree in a quantitative discipline (e.g., finance, mathematics, physics, statistics, etc.)
โข Proficient programming skills to develop risk models and tools (SAS, Python, or R).
โข Ability to explain complex concepts and results to both technical and non-technical audiences.
โข Independent, creative, and pro-active problem-solving mindset.
โข Fluency in English. Working proficiency in one of the Nordic/Baltic languages is an advantage.
We offer you
โข Opportunity to work on a broad range of risk and data modelling issues.
โข Cooperation with senior colleagues from business, credit, and risk management teams on challenging projects.
โข A creative, inspiring, and multinational working environment.
โข A new perspective on the financial industry based on NIB's position as an International Financial Institution owned by the Nordic and Baltic countries.The position is located at the NIB headquarters in Helsinki, Finland, and we offer a hybrid work set-up. We warmly welcome expatriate employees and their families by supporting their relocation to a lively Nordic capital with a modern atmosphere.
For more information about this position, contact Nicolas Vanlerberghe, Head of Portfolio Credit Risk and Analytics, tel. +358 10 618 0509 (best available on Thursdays and Fridays between 9:00-11:00). For general information about employment at NIB, please contact Juliรกn Cabrera, HR Business Partner at julian.cabrera@nib.int.
The deadline for applications is 15 December 2023. We are an equal opportunity employer, and the Bank has zero tolerance for any type of discrimination.
To apply for the position and for more information about NIB, please visit https://www.nib.int/who_we_are/our_people/jobs.The vision of NIB is a prosperous and sustainable Nordic-Baltic region. Our employees are our strongest asset in realising this vision. Our core values are competence, commitment and cooperation.
In recruitment, NIB puts the main emphasis on personal and professional qualifications and experience.
NIB is a professional expert organisation, and encourages employees to continuously develop their professional competencies while maintaining a sustainable work-life balance.Contact person Back to available jobs Apply