Senior Risk Model Developer

1 month ago

København, Denmark Nordea Danmark, Filial af Nordea Bank Abp, Finland Full time

Job ID: 24133 

Are you an economist, engineer, statistician or mathematician with a strong interest in finance and quantitative models? This is an opportunity to join a leading model development team working with advanced models in an international environment.

We are looking for a Senior Quantitative Risk Modeller with a technical profile to join the Traded Credit & CVA team at Nordea. The team is based in Copenhagen. 


At Nordea, we’re committed to being a partner our customers and society can count on. Compliance and integrity go hand in hand. Joining us means you’ll have an impact on how we do banking – today and tomorrow. So bring your ideas, skills and unique background. With us, you’ll be in good company with plenty of opportunities to collaborate, grow and make your mark on something bigger.

About this opportunity

We are a team of highly skilled and motivated individuals which plays a key role in supporting the risk management in Nordea by developing and maintaining models for market risks related to CVA and traded credit instruments such as bonds and CDS’s. The responsibilities of the team cover all steps of the model development process, including interpretation of regulation, model design, model documentation, implementation and communication to internal and external stakeholders. This role will put skills in math, statistics and programming as well as communication and collaboration to good use.

What you’ll be doing:

Develop new models and improved ways to measure market risks related to traded credit instruments and CVA 

Validate and scrutinize our current models using economical and quantitative analysis

Take part in ensuring that adequate model frameworks are in place, risks are identified, well-understood, monitored, controlled, reported and mitigated

Partner-up with business and risk management functions to support prudent business 

Contribute to Nordea’s communication to, for example, the European Central Bank regarding Nordea’s risk models and methods to measure risk 

Drive automation and deployment of risk models in collaboration with IT infrastructure teams. Provide business support during the go-live phase and beyond 

Design, develop and maintain internal code libraries, predominantly in Python 

Build IT tools for impact testing, analysis and data reconciliation 

In collaboration with subject matter experts, translate regulatory requirements into tangible software solutions 


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.

Naturally, you take ownership of your work, and you are dedicated to deliver with quality and on time. You are self-organized and able to work independently if required while being able to integrate well with the team. Moreover, you strive to develop professionally and stay curious on that journey. 

Your professional profile: 

You have an academic degree (Master or PhD) in a relevant field, such as finance, econometrics, mathematics, statistics, physics, computer science or similar

Working knowledge in mathematical finance, derivatives pricing, and risk management within banking is ideal. A solid understanding of and experience working with CVA and/or credit related instruments is an advantage 

You are experienced in software development and coding. The team develops mostly in Python, but experience in other languages is also acknowledged 

You possess a strong intuition with a sound theoretical basis, while being sufficiently hands-on and pragmatic to find working solutions 

The ideal candidate has at least three years of relevant working experience, but exceptional talents with less experience are also of interest

If this sounds like you, get in touch

  • Quantitative Risk Model Developer for Asset Management

    2 weeks ago

    København V, Denmark Danske Bank Full time

    Are you looking for the opportunity to combine your academic background, programming skills and experience in quantitative financial risk modelling with the desire to work in an analytical environment? Then join some talented colleagues in this perfect opportunity as Quantitative Risk Model Developer in the Risk Modelling & Advisory teamThe Risk Modelling &...

  • Model Risk Specialist to Group Internal Audit

    2 weeks ago

    København V, Denmark Danske Bank Full time

    Are you an analytical thinker who is enthusiastic about financial services and eager to make a significant impact? Do you have an interest in model risk management and aspire to work in a learning environment? If so, we have an exciting opportunity for you to join our Model Risk team in Group Internal Audit.Model Risk Specialist to Group Internal Audit at...

  • Third Party Risk Management Lead

    4 hours ago

    København, Denmark Banking Circle Full time

    Are you interested in a role to build the foundations of the third-party risk management and supplier relationship programme for a dynamic and growing bank? We are currently looking for a passionate Third Party Risk Management Lead who will be an integral part of the procurement team who will partner with our key business owners and suppliers.About the team...

  • Chief Risk Analyst

    2 weeks ago

    København V, Denmark Danske Bank Full time

    Do you possess robust risk management, analytical, and governance skills? We present an exceptional opportunity for a diligent professional with established stakeholder management skills. Your role will be vital in reinforcing the framework of Group Risk Management's remuneration oversight and governance.Our Group Risk Strategy team comprises 12 motivated...

  • Senior Financial Associate

    4 weeks ago

    København Ø, Copenhagen, Denmark Copenhagen Infrastructure Partners Full time

    Do you want to join a global leader in renewable energy infrastructure investments? If so, Copenhagen Infrastructure Partners (CIP) is the perfect place for you We are looking for a skilled Senior Financial Associate to join our dynamic and dedicated Financial Planning & Analysis team in Copenhagen.The teamAs Senior Financial Associate based in Copenhagen,...

  • Senior Financial Associate

    1 month ago

    København Ø, Copenhagen, Denmark Copenhagen Infrastructure Partners Full time

    Do you want to join a global leader in renewable energy infrastructure investments? If so, Copenhagen Infrastructure Partners (CIP) is the perfect place for you We are looking for a skilled Senior Financial Associate to join our dynamic and dedicated Financial Planning & Analysis team in Copenhagen.The teamAs Senior Financial Associate based in Copenhagen,...

  • Experienced Senior Risk Officer

    2 weeks ago

    København V, Denmark Danske Bank Full time

    Help us make a difference Danske Bank is on the hunt for a skilled tax specialist to join our fight against financial crime in a unique hybrid role. You'll have the chance to collaborate with a dedicated team, offering expert advice, and implementing robust controls to prevent tax evasion.We are looking for an experienced tax specialist to join us in a...

  • PhD fellowship in organoid modelling of the post-acute phase of COVID at the Department of Biomedical Sciences

    2 weeks ago

    København N, Denmark KU - SUND - PANUM KBH N Full time

    Faculty of Health and Medical SciencesUniversity of CopenhagenWe are offering a PhD fellowship in organoid development and tissue modelling commencing 1st of October 2024 or as soon as possible hereafter.Our group and researchThe Desler Group are a newly started research group counting 10 group members. We investigate aging at the molecular level and its...

  • Senior Consultant

    3 months ago

    København K, Denmark Hays Specialist Recruitment Full time

    Fastansættelse hos vores kundeSwedenStartdato: så hurtigt som muligtReferencenummer: 756532/1 Om virksomheden "Zealth specializes in global market access and health economics, offering tailored services for successful product launches and sustained market access support."In the Scandinavian countries our focus is to support pharmaceutical companies with...

  • Senior Consultant

    2 weeks ago

    København K, Denmark Hays Specialist Recruitment Full time

    Fastansættelse hos vores kundeSwedenStartdato: så hurtigt som muligtReferencenummer: 756532/1 Om virksomheden "Zealth specializes in global market access and health economics, offering tailored services for successful product launches and sustained market access support."In the Scandinavian countries our focus is to support pharmaceutical companies with...

  • Senior Consultant

    4 weeks ago

    København K, Denmark Hays Specialist Recruitment Full time

    Fastansættelse hos vores kundeSwedenStartdato: så hurtigt som muligtReferencenummer: 756532/1 Om virksomheden "Zealth specializes in global market access and health economics, offering tailored services for successful product launches and sustained market access support."In the Scandinavian countries our focus is to support pharmaceutical companies with...

  • Senior Backend Developer

    4 weeks ago

    København K, Denmark Corti Full time

    CopenhagenProduct – CoPilot /Full time /HybridApply for this jobAre you a curious person, and interested in contributing to solving real problems in healthcare? Are you someone who loves the Golang programming language? At Corti, we are growing fast and are looking for fresh talent to make sure we go in the right direction If you enjoy working in a fun,...

  • Senior Backend Developer

    2 months ago

    København K, Denmark Corti Full time

    CopenhagenProduct – CoPilot /Full time /HybridApply for this jobAre you a curious person, and interested in contributing to solving real problems in healthcare? Are you someone who loves the Golang programming language? At Corti, we are growing fast and are looking for fresh talent to make sure we go in the right direction If you enjoy working in a fun,...

  • Risk Officer – Maternity Cover

    4 weeks ago

    København K, Denmark INPAY AS Full time

    CopenhagenGovernance, Risk & Compliance – Risk & ComplianceFull-timeOn-siteAre you a passionate individual who thrives in a dynamic and fast-paced environment, and you are motivated to work in a company that provides cutting-edge financial solutions?And are you interested in position within Governance, Risk & Compliance of a growing Fintech in the payments...

  • Risk Officer – Maternity Cover

    4 weeks ago

    København K, Denmark INPAY AS Full time

    CopenhagenGovernance, Risk & Compliance – Risk & ComplianceFull-timeOn-siteAre you a passionate individual who thrives in a dynamic and fast-paced environment, and you are motivated to work in a company that provides cutting-edge financial solutions?And are you interested in position within Governance, Risk & Compliance of a growing Fintech in the payments...

  • Risk Officer – Maternity Cover

    4 weeks ago

    København K, Denmark INPAY AS Full time

    CopenhagenGovernance, Risk & Compliance – Risk & ComplianceFull-timeOn-siteAre you a passionate individual who thrives in a dynamic and fast-paced environment, and you are motivated to work in a company that provides cutting-edge financial solutions?And are you interested in position within Governance, Risk & Compliance of a growing Fintech in the payments...

  • Risk Officer – Maternity Cover

    2 weeks ago

    København K, Denmark INPAY AS Full time

    CopenhagenGovernance, Risk & Compliance – Risk & ComplianceFull-timeOn-siteAre you a passionate individual who thrives in a dynamic and fast-paced environment, and you are motivated to work in a company that provides cutting-edge financial solutions?And are you interested in position within Governance, Risk & Compliance of a growing Fintech in the payments...

  • Risk Officer – Maternity Cover

    4 weeks ago

    København K, Denmark INPAY AS Full time

    CopenhagenGovernance, Risk & Compliance – Risk & ComplianceFull-timeOn-siteAre you a passionate individual who thrives in a dynamic and fast-paced environment, and you are motivated to work in a company that provides cutting-edge financial solutions?And are you interested in position within Governance, Risk & Compliance of a growing Fintech in the payments...

  • Senior Backend Developer

    1 month ago

    København K, Denmark Corti Full time

    CopenhagenProduct – CoPilot /Full time /HybridApply for this jobThere is no quality healthcare without a quality dialogue. Today, that dialogue is broken; we need you to help us fix it.Are you a curious person, and interested in contributing to solving real problems in healthcare? Are you someone who loves the Golang programming language? At Corti, we are...

  • Senior Backend Developer

    4 weeks ago

    København K, Denmark Corti Full time

    CopenhagenProduct – CoPilot /Full time /HybridApply for this jobThere is no quality healthcare without a quality dialogue. Today, that dialogue is broken; we need you to help us fix it.Are you a curious person, and interested in contributing to solving real problems in healthcare? Are you someone who loves the Golang programming language? At Corti, we are...