Counterparty Credit Risk consultant 6 Months Contract

Job Description: Own and execute external and internal counterparty credit risk stress testingPerform in-depth analysis on the counterparty credit portfolio and stress test results, prepare and explain the risk analysis to senior stakeholders, committees and regulatorsDevelop, maintain.

review and control processes for the stress testing results, engaging with stakeholders to test the adequacy of the outcomesUnderstand key drivers and risks in order to ensure that the stress test analysis can support business decisionsUnderstand the counterparty credit risk stress testing models, and assess the compliance of the stress testing framework with respect to the regulatory capital and stress testing requirementsWork in various projects that are highly prioritised within the bank such as EBA or ICAAP stress test exercisesSupporting other financial risk management tasks including change projects, live-deal assessments & approvals, CCR portfolio management and reportingContinuously developing your own understanding of prevailing and emerging industry risks relevant for CCRDescription Of Knowledge And ExperienceQualification:

4 years+ experience operating within a financial markets role.

Experience in Counterparty Credit Risk or Market Risk is seen as an advantageKnowledge of financial products with prior professional experience analysing/modelling derivativesCandidate is likely to have an excellent academic background, including a degree in a quantitative discipline, such as economics, finance, statistics/mathematics, sciences or engineeringExcellent written and spoken English - Nordea's official language is EnglishProgramming experience is seen as an advantageRequirementsProgramming experienceStress TestingPerform in-depth analysis on the counterparty credit portfolio and stress test resultsKnowledge of financial products with prior professional experience analysing/modelling derivativesPreferred SkillsCounterparty Credit Risk or Market RiskLanguagesEnglish