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Senior Risk Expert, Market Risk

3 months ago


Copenhagen, Copenhagen, Denmark Nordea Bank Full time

Job ID: 25501

Are you a highly motivated and experienced market risk professional? We are looking for a Senior Market Risk Expert with an analytical mindset and excellent stakeholder management skills to join our Trading Book Market Risk (TBMR) team within Nordea's Group Financial Risk Management & Control function.

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


This is a great opportunity to join a diverse and international team of highly skilled market risk experts within Nordea's Second Line of Defence at a time of significant change. Capital rules are changing with FRTB and this is an opportunity to further develop your professional risk management skills and ensure readiness and compliance from a market risk perspective.

You will be a key resource in a team of highly skilled market risk experts focusing on different asset classes across the Group's trading book. As risk manager you'll have the opportunity to work closely with stakeholders across the bank including other risk areas, front office, and risk modelling.

What you'll be doing:

  • Protect the capital and reputation of Nordea by ensuring that financial risks in the trading book are adequately understood and managed
  • Drive comprehensive risk analyses and thematic deep dives and present the results of these to senior management to support decision making
  • Use your market risk knowledge to provide support as well as independent review and challenge to the business on current and emerging risks
  • Conduct oversight activities of front office activities to continuously improve Nordea's strong risk culture and risk management framework
  • Contribute to bank-wide projects and activities (FRTB, ICAAP, regulatory interactions among others)
  • Assess new business initiatives


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.

To succeed in this role, we believe that you:

  • Are passionate about risk management, financial markets and banking
  • Are diligent and have an analytical mindset that allows you to pay close attention to relevant details, while still seeing the big picture
  • Have the ability to communicate and document complex, technical matters in a clear and concise manner
  • Identify risks and challenges proactively and have a pragmatic and solution-oriented approach to independently drive things forward
  • Are a strong team player and enjoy working in a diverse and international environment
  • Are curious and eager to continuously learn and expand your horizon
  • Have a very high level of integrity and sense for doing the right thing

Your experience and background:

  • A Master's degree in a quantitative field such as finance, engineering, mathematics, physics, statistics, computer science, economics or an equivalent field
  • A minimum of five years' experience in banking, financial markets or an equivalent environment
  • Have a strong background in market risk, with a deep understanding of financial instruments and their inherent risks, ideally from fixed income perspective
  • Have a solid understanding of relevant EU financial regulations (CRR, CRD, FRTB)
  • Strong communicator with excellent spoken and written English skills
  • Strong project- and stakeholder management skills
  • Prior trading experience and/or experience with supervisory interactions is an advantage
  • CFA, FRM, PRM or CQF qualification as well as documented coding skills are a plus

If this sounds like you, get in touch

Next steps

Submit your application no later than 30/08/2024. For more information, you're welcome to contact Stina Miskov Sievers.

At Nordea, we know that an inclusive workplace is a sustainable workplace. We deeply believe that our diverse backgrounds, experiences, characteristics and traits make us better at serving customers and communities. So please come as you are.

Please be aware that any applications or CVs coming through email or direct messages will not be accepted or considered.