Experienced Market Risk Quantitative Analysts for Market Risk Management recruitment

Market Risk Analysis of Derivatives

Experienced Market Risk Manager for Market Risk

Nordea’s Market Risk Analysis team in Copenhagen is currently expanding. We are looking for experienced market risk quantitative analysts that will be part of a team responsible for the market risk analysis of the bank. You will work closely with the other members of the team and related market risk areas. The job involves extensive contacts with other parts of the bank and you will interact directly with front office trading desks. Your assessments will form important input for senior management risk decisions.

You will be responsible for understanding and following the risks of a specific trading desk and reporting to and advising management on all risk issues relating to the trading activity. Tasks include understanding desk strategy, positions and risk drivers, and following and understanding the daily PL including its relation with the VAR exposure and other risk metrics.

You will need to understand products and trading strategies and develop product specific stress tests, liaise with senior management, desk heads, traders and other areas within risk, and develop analysis tools including spread-sheets and databases that are required to analyse derivative products. This will require the ability to program in VBA and Matlab and build SQL queries. You will also be supporting the development of new products and new business initiatives, as well as prepare reports and documentation for management.

It is all about people

We deal with complex issues and often with limited time to take decisions. We therefore seek applicants that already has proven to be among the best of equals and who shows great potential for further personal and professional development. We offer a unique opportunity in the Nordic region to work with risk management of complex financial instruments, where you can use your experience to play a key role in the continued development of Nordea’s risk management framework. Relocation support can be expected for experienced international profiles.

You get motivated by working with new challenges every day

Our ideal candidate will have an advanced quantitative degree with relevant experience in risk management and/or derivatives trading from a large international investment bank or similar institution. You have a deep understanding of one or several derivative market areas including rates, FX and equity. Furthermore, you possess hands-on quantitative skills and have the ability to independently perform analysis of complex derivative books. We expect you have a proven experience in building tools and models to analyse financial products and data, as well as programming experience in Excel/VBA and SQL. A knowledge of Matlab or other programming language is beneficial.

Your background is Physics/mathematics or economics (PhD. or MSc.) with a strong mathematical component from an internationally recognized institution.

You communicate effectively and are able to build good relations to colleagues that are placed in different countries. You master English both written and oral fluently.

For additional information, please contact Linette Emborg, HR Partner on phone +45 33 33 40 25.

Send your application with updated CV no later than 28 May 2012, by using our electronic application form on Nordea.com/career. Use job id.113144.

Group Market Counterparty Credit Risk is a division within Group Risk Management. Currently we employ approx. 40 professionals from several countries, all situated in Copenhagen, working in different fields of market risk management. Nordea is the leading bank in the Nordic region and one of the best