(Senior) Risk Analyst

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 Bank’s financial and non-financial risks to safeguard the quality of the Bank´s risk management including economic capital in line with NIB´s decided risk appetite.

The (Senior) Risk Analyst reports to the Head of the Portfolio Credit Risk and Analytics. The unit is responsible for portfolio-level 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 Bank’s economic-capital framework, support of loan-pricing activities and tools, computation of loan impairments, and stress testing. The position offers excellent insight into the Bank’s business activities, and you will play a crucial role in developing and enhancing NIB’s capital risk framework.

Main responsibilities

• Develop, maintain and validate risk models and tools for measuring and managing NIB’s capital usage.
• Deliver advanced quantitative analysis to provide insights across key risk domains, including economic capital, stress testing, climate risk modeling, model validation, and risk-adjusted pricing strategies.
• Monitor risk metrics and portfolio performance, providing recommendations to senior management and stakeholders on portfolio credit risk-related issues and opportunities.
• Inspire colleagues by sharing knowledge, providing feedback, and supporting innovation.

Qualifications and Experience

• 3-5+ years of experience in quantitative role, ideally within the financial sector.
• Bachelor’s or Master’s degree in Quantitative Finance, Statistics, Mathematics, Economics, or a related field.
• Proficiency in scenario design, model development, validation, and documentation.
• Strong experience in programming languages such as SAS, Python, or R.
• Independent, creative, and pro-active problem-solving mindset.
• Fluency in English. Working proficiency in one of the Nordic/Baltic languages is an advantage.

We offer you

• Opportunity to work on a broad range of risk and data modelling issues.
• Cooperation with senior colleagues from business, credit, and risk management teams on challenging projects.
• A creative, inspiring, and multinational working environment.
• 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 deadline for applications is 14 March 2025. To apply, please fill in the application form on NIB’s website, www.nib.int (Jobs).

Additional information about the position can be obtained from 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).

The vision of NIB is a prosperous and sustainable Nordic-Baltic region. Our employees are our strongest asset in realizing 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 organization and encourages employees to continuously develop their professional competencies while maintaining a sustainable work-life balance.