Market Risk Analyst, Warsaw

We are looking for an experienced Market Risk Analyst to drive the daily initial margin process from a market risk perspective and participate in the market risk reporting process. This is an opportunity for you to become an expert in the Standard Initial Margin Model (SIMM) and risk reporting process and build a network internally in Nordea and externally. 
In today’s world, change is the one thing you can count on. But whatever the future brings, our customers remain at the heart of everything we do.  
That’s where you come in. Working with dedicated colleagues in an exciting, fast-paced environment, you’ll help meet our customers’ changing needs.  
We aim to be courageous and explorative in our approach to innovating better ways of delivering banking services – anytime, anywhere. This means you’ll have many opportunities to learn and grow as you build your career with us. Will you help us lead the way in creating great customer experiences? 

Your future responsibilities

You’ll join Market Risk Control team where we ensure correct daily market risk reporting and compliance to delegated mandates and internal instructions and in addition we are responsible for the SIMM process related to Market Risk sensitivities. We are covering a wide variety of financial products and are striving for continuous improvement of our setup.
What you’ll be doing: 
  • Daily bilateral reconciliation of sensitivities (Delta and Vega) of SIMM versus Counterparties 
  • Cooperation with stakeholders from Front Office, Back Office and IT teams 
  • Internal and external Back testing of the SIMM model 
  • Understand market risk models and market risk dimensions stemming of approved products, market dynamics and the business models 
  • Impact assessment of annual recalibration of parameters in SIMM 
  • Participate in daily market risk reporting 
The role is based in Warsaw. Welcome to a team of 12 dedicated controllers based in Stockholm and Copenhagen.  

Who you are

Collaboration. Ownership. Passion. Courage. These are the four key values that guide us in being at our best. We imagine that you enjoy learning and are excited about bringing your ideas to the table. You’re dependable, willing to speak up – even when it’s difficult – and committed to empowering others.
Your profile and background: 
  • You have an excellent academic background, including a degree in a quantitative discipline, such as finance, economics, statistics/mathematics, sciences or engineering 
  • Experience with operating within a financial market’s role, risk management, trading, structuring, middle office, preferably in a Risk Management role 
  • Experience in building tools to analyse financial products and data using e.g. SQL, VBA 
  • Knowledge of financial products and pricing 
  • Good communication skills, 
  • Excellent written and spoken English 
If this sounds like you, get in touch! 

More information

At nordea.com, you can read more about us, our business and our focus on integrating sustainability into everything we do. 
At Nordea, we recruit from the widest possible pool and hire the best person for the job. Because diversity makes us stronger. And once you are on board, you will find that we offer equal opportunities to everyone. 
Please submit your application no later than 1 May 2019. 
Great people often know great people – please share if you have a friend who could be a perfect match for this job.  
To all recruitment agencies: Please note, we don’t accept unsolicited resumes for any of our positions. All contact regarding agency resumes should be directed to Nordea Talent Acquisition which handles everything related to recruitment.
Please include permit for processing personal data in CV as following:  
In accordance with art. 6 (1) a. 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 proceeded for the purposes of current and future recruitment processes in Nordea Bank Abp Branch in Poland.  
The administrator of your personal data is: Nordea Bank Abp Branch in Poland, Aleja Edwarda Rydza Śmiglego 20, 93-281 Łodź. Your personal data will be processed for the recruitment processes in Nordea Bank Abp Branch in Poland. 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 are mandatory. Providing additional personal data is voluntary however 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: http://nordea.pl/odo.pdf 
We reserve the right to reply only to selected applications.