Lead Risk Expert, Model Risk Regulation

2 months ago


København, Denmark Nordea Bank Norge ASA Full time

Job ID: 26208

Would you like to lead and start a new model risk practice? We are now looking for a Lead Risk Expert, Model Risk Regulation to lead the Model Risk team's role in interpreting and applying regulations related to models used in Nordea. The role holder will also be responsible for managing engagement with regulators on model risk matters on behalf of the Model Risk team.

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

Welcome to the Model Risk and Validation team. We add value by advising and challenging the business areas and functions to use models within the bank’s model risk appetite. As Lead, Model Risk Regulation, you’ll play a valuable role in advising stakeholders in complying with model-related regulatory requirements (e.g., Capital Requirements Regulations, EU AI Act, etc.).

What you’ll be doing:

  • Lead and formulate the firm’s house view on regulations that apply to models used in the firm.
  • Advise the First Line in complying with relevant ECB regulations that apply to models used across the firm.
  • Manage and lead engagement with ECB and local regulators on model/model risk-related matters.
  • Provide advice to the Head of the team on model-related regulations.
  • Advise validation staff in interpreting relevant regulations.
  • Set up and manage processes to undertake self-assessments on relevant model-related regulations.
  • Responsible for providing assurance on CRR articles not covered in the scope of the validation team.

You’ll join a model risk function that is helping the bank to safely use models to create value for its customers and shareholders. The role is based in Copenhagen, Helsinki, Stockholm, or Warszawa.

Who you are

Collaboration, ownership, passion, and 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 an excellent communicator.
  • Are a thought leader who leads by example and drives change.
  • Act courageously in standing up for the firm’s values and reputation.

Your experience and background:

  • 15 years of experience in dealing with model regulations such as CRR, EU AI Act, etc.
  • Experience leading the firm’s engagement with ECB JST on capital models (IRB preferred).
  • Prior experience working in capital models regulatory engagement teams in European GSIB/DSIB firms.
  • Thought leader with strong communication skills.

If this sounds like you, get in touch

Next steps

Submit your application no later than 12/12/2024.

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.

For candidates in Finland: A security clearance will be performed for the person selected for this position.

For candidates in Sweden: For union information, please contact or

For candidates in Poland: Please include permission for processing personal data in CV as following:

In accordance with art. 6 (1) a and b. Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation) hereinafter ‘GDPR’. I agree to have my personal data, education, and employment history processed for the purposes of current and future recruitment processes in Nordea Bank Abp.

The administrator of your personal data is Nordea Bank Abp operating in Poland through its Branch, address: Aleja Edwarda Rydza Śmiglego 20, 93-281 Łódź. Your personal data will be processed for the recruitment processes in Nordea Bank Abp. You have a right to access your personal data, right to rectify, and right to delete. Disclosing the personal data in the scope specified by the provisions of Polish Labour Code from 26 June 1974 and executive acts is mandatory. Providing personal data is necessary to conduct the recruitment processes. The request for the deletion of your personal data means resignation from further participation in recruitment processes and causes the immediate removal of your application. Detailed information concerning processing of your personal data can be found at: nordea.com/en/doc/nordea-privacy-policy-for-applicants.pdf.

We reserve the right to reply only to selected applications.

#J-18808-Ljbffr

  • København, Denmark Nordea Bank Norge ASA Full time

    Are you a highly independent, top performer with strong integrity? Would you like to help in securing the bank’s business in a technology-driven world? We are now looking for a Senior Risk Expert to support and challenge Nordea’s business in building well-controlled and resilient operations responding to our fast-changing operating environment and...

  • Senior Risk Expert

    1 day ago


    København, Denmark Nordea Bank Norge ASA Full time

    Job ID:28068 Senior Risk Expert in Stockholm, Helsinki, Copenhagen or Warsaw As Senior Risk Expert in Group Operational Risk – Monitoring, you will play a key role to ensure proper management of operational risks across the Nordea Group. You’ll join a team responsible for performing operational risk monitoring and testing (assurance/audit) projects...


  • København, Denmark Danske Bank Full time

    Do you have the motivation and skills to play an important role in the Credit Risk Model Validation team, a part of the Model Risk Management department in Danske Bank? And would you like to get a solid overview of risk management? MRM plays an integrated and central part in Danske Banks' risk management by providing an independent view of how new and...


  • København, Denmark Nordea Full time

    Job ID: 23295 Are you a highly independent, top performer with strong integrity? Would you like to help in securing the bank’s business in a technology-driven world? We are now looking for a Senior Risk Expert to support and challenge Nordea’s business in building well-controlled and resilient operations responding to our fast-changing operating...


  • København, Denmark Nordea Bank Norge ASA Full time

    Operational Risk Expert - Group Operational Risk, Monitoring & Reporting Job ID: 23767 Operational Risk Expert – Group Operational Risk, Monitoring & Reporting at Nordea Would you like to help secure that Nordea is on top of its Operational Risks: that these get consistently, timely and accurately reported to the Executive Management and Board enabling...


  • København, Denmark Nordea Full time

    Do you want to play an important role in one of the largest model development programmes in Nordics? We are now looking for a Quantitative Risk Analyst to develop LGD models in Nordea. The job provides an exciting mix of challenges such as developing advanced statistical models, designing internal software libraries, working with big data, analysing economic...


  • København, Denmark Nordea Full time

    København S, DK, 2300 Tallinn, EE, 11415 Helsinki, FI, 500 Warszawa, PL, 02-460 Oslo, NO, 0368 Stockholm, SE, 111 46 Job ID: 25561 Model Development, Quantitative Finance Would you like to develop the state of the art models for estimating future financial risks? We are now looking for a Senior Quantitative Risk Analyst to improve our assessment of the...

  • Treasury Risk Manager

    1 month ago


    København, Denmark Saxo Group Full time

    Are you passionate about banking, treasury and risk - and looking for the next step in your career - then look no further. Saxo Bank is looking for a Treasury Risk Manager to join its Internal Banking and Balance Sheet Risk team within the wider Group Markets & Treasury area. In our Internal Banking and Balance Sheet Risk team we are responsible for managing...

  • Treasury Risk Manager

    2 weeks ago


    København, Denmark Saxo Bank Full time

    Are you passionate about banking, treasury and risk - and looking for the next step in your career - then look no further. Saxo Bank is looking for a Treasury Risk Manager to join its Internal Banking and Balance Sheet Risk team within the wider Group Markets & Treasury area. In our Internal Banking and Balance Sheet Risk team, we are responsible for...


  • København, Denmark Danske Bank Full time

    Would you like to combine your own expertise with coordinating other experts across your own team and sister teams, while working with a broad range of stakeholders across countries? And are you interested in joining a specialised team within one of the group’s key focus areas – 1st Line Financial Crime? Then keep on reading! Senior Financial Crime Risk...


  • København, Denmark WithSecure Co Full time

    WithSecure protects businesses all over the world from modern threats. We do this through a Co-security approach born from first-hand knowledge that no one can solve every cyber security problem alone. Every single day, our diverse, growing team fights against online extortion, threats to national infrastructure, the unlawful spread of sensitive information,...

  • Credit Risk Manager

    1 month ago


    København, Denmark Saxo Group Full time

    Do you thrive in an international environment where credit analysis is the focal point of your work? If this attracts your attention, please keep reading as Group Credit may be just the place for you. Saxo's credit-related clients are represented in many different countries, making the challenges unique compared to other Danish banks. These financial...

  • Credit Risk Manager

    7 days ago


    København, Denmark Saxo Bank Full time

    Do you thrive in an international environment where credit analysis is the focal point of your work? If this attracts your attention, please keep reading as Group Credit may be just the place for you. Saxo's credit-related clients are represented in many different countries, making the challenges unique compared to other Danish banks. These financial...


  • København, Denmark Danske Bank Full time

    Would you like to combine Risk Management expertise within our customer facing unit and work as a subject matter expert with a special focus on corporate and institutional banking? This is an opportunity to do so and gain an extensive international network across the Danske Bank Group! We are looking for a Senior/Chief Business Risk & Controls Officer, who...


  • København, Denmark Nordea Bank Norge ASA Full time

    Job ID: 25561 Model Development, Quantitative Finance Are you good at pricing derivatives and would you like to develop state-of-the-art models for estimating future financial risks? We are now looking for a Senior Quantitative Risk Analyst to improve our assessment of the credit risk in Nordea's derivative transaction business. At Nordea, we know our...

  • IT Risk Consultant

    1 week ago


    København, Denmark PARETO SECURITIES AS Full time

    Join a community of people sharing great ambitions BEC is a financial technology company creating IT solutions for Danish banks. Together, we enable their customers to invest online, take out loans and transfer money. In other words, everything it takes to run a bank. We have 1,700+ employees spread across five locations in Denmark and Poland. We...


  • København, Denmark Danske Bank Full time

    Would you like to be a significant contributor to the implementation and execution of an effective 1st LoD controls management framework in Danske Bank? Would you like to work closely with the business in testing their key controls to ensure robust business processes and keep Danske Bank and its customers out of harm? We are looking for an experienced...


  • København, Denmark Chubb Full time

    Company Description Chubb is a world leader in insurance, with operations in 54 countries, exceptional financial strength, and a broad range of personal and commercial insurance products. We combine the precision of craftsmanship with decades of experience to conceive, craft and deliver the best insurance products and service to businesses of all sizes. In...


  • København, Denmark Saxo Group Full time

    Digital Risk and Control Specialist Location: Copenhagen, Denmark About The Job Join Saxo as a Digital Risk and Control Specialist, a pivotal role within our Digital Resilience & Trust Department. You will be responsible for identifying, assessing, reporting, and mitigating digital risks, including cybersecurity, privacy, data protection, and technology...


  • København, Denmark Danske Bank Full time

    We are looking for a new colleague to join the ‘IT, Security & Data Risk’ team within the second line of defence (‘2LoD’) function at Danske Bank. A key component of this role involves building the procedures and processes for data risk management, including maintaining key risk data that helps 2LoD in monitoring and oversight. Would you like to...