Functional Leader for Credit Risk Framework in Corporate Banking, Nordics i Stockholm

 

At Nordea, we see that the world is changing fast – and we want to be one step ahead of the curve. That’s why we’re deeply committed to providing the financial solutions of tomorrow to our customers. We’re creating an agile environment where we experiment and grow together – and we need your ideas and unique background. With us, you’ll be in good company with a chance to make your mark on something bigger. 

Welcome to the Regulatory unit in Group Credit Risk Control. We add value by being responsible for the 2nd Line of Defence (2nd LoD) instructions of the Credit Risk Framework. We ensure that the instructions guiding the credit risk management processes and principles in the Group, meet the regulatory requirements and supervisory expectations and are fit to the risk profile and appetite of the Group. We also advise and control implementation of the requirements in Group’s operations in tight collaboration with various stakeholders in Group's functions and Business Areas.

What you’ll be doing:

• Leading activities of the Credit Risk Framework for Corporate banking sub-team in the Regulatory unit, as well as developing the Group’s 2nd LoD frameworks, policies and processes especially in the following areas: corporate credit risk assessment, rating policies and processes and credit risk management of high-risk customers, including default, and forbearance management
• Driving instruction update projects with stakeholder groups and develop the Credit Risk Framework in collaboration with other experts and sub-teams in the Regulatory unit and other units in Nordea
• Striving for solid credit risk management processes and practices in the Group by advising and steering the implementation projects as a 2nd LoD representative, and developing the credit risk controls of the Group to meet the requirements of further automatization and digitalisation of the customer businesses and credit processes
• Managing regulatory changes in the sub-team’s subject areas by monitoring the upcoming changes, assessing their impact and planning and implementing changes in the frameworks and processes
• Leading and developing the Regulatory unit together with the Head of the Unit and other Functional Leaders

The role is based preferably in Finland or Sweden, but the other Nordic countries can also be considered. The GCRC Regulatory unit gives you a first-row view to the credit operations in the entire Group. Every expert in the team is vital for our success and we coach and support each other to achieve our targets.

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:

• Have a good balance of collaboration and independence in driving initiatives. You can reprioritise your and your team's work quickly and focus on finding solutions even in the most challenging situations
• Have proven skills and good track record in leading initiatives, projects or teams
• Have strong knowledge of credit risk area, especially in ratings, corporate credit risk assessment and/or high-risk management
• Have strong stakeholder management and collaboration skills

Your experience and background:  

• Master's degree from relevant field (economics, finance, law, engineering or other suitable)
• At least eight years of experience in credit risk management and financial industry
• Broad experience in corporate banking is a benefit
• Knowledge of the regulatory framework in credit area is a benefit
• Fluent in English both written and spoken

If this sounds like you, get in touch!

Submit your application no later than 16 August 2019.

For more information, you’re welcome to contact Elina Aartola-Mäkelä, Head or Regulatory in Group Credit Risk & Control, +358 504063580.

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.