(Senior) Risk Expert (Climate Risk), Risk Models

About the role

We are looking for a (Senior) Risk Expert to develop quantitative methodologies that integrate climate and environmental (C&E) risks into our internal models and risk framework.

About our team

Meet the Risk Models team. Our team is part of Nordea's Risk division, where we work at the intersection of credit risk modeling, econometrics, and ESG scenario analysis, contributing to the design, implementation, and validation of ESG‑driven modelling approaches.

What you’ll be doing

• Contribute to the development and implementation of quantitative models integrating climate and ESG risk drivers into IRB and other credit risk models (PD, LGD). Emerging risks may be added to the scope of risks.
• Perform statistical and econometric analyses, including scenario‑based approaches, to assess the impact of ESG factors on credit risk parameters.
• Conduct quantitative data analysis, including assessing the financia...