Retail Risk Analyst - Auto SME
With thousands of companies applying for auto financing a year, we need a lot of insight into the underlying credit risk – will you help us with that?
The job
We are looking for a Retail Risk Analyst to develop and maintain the credit risk management of our financial auto products for small and medium-sized enterprise clients (SMEs). Your main responsibility is on all credit risk related activities of Norwegian SME portfolio. Your work will take place in a Nordic environment, and you’ll work closely with colleagues in Norway, Denmark, Finland, and Sweden. The location of the position is in Lysaker (Oslo) and work permit is mandatory.
Your typical day might start by making recommendations related to risk, after which you could monitor market trends before lunch and participate in a virtual meeting with your Nordic colleagues in the afternoon. In other words, it is a role where you get a lot of different tasks.
As a Retail Risk Analyst, you will be responsible for developing and fine-tuning the credit risk strategy to ensure sound credit processes within our risk appetite. This includes continuous optimization of the credit decision-making process through data analysis and mining. You will evaluate new credit products including assessment of the profitability and risk of the products as well as the ongoing costs of servicing the products.
You will also prepare and disseminate portfolio performance, including forecasts of future trends. This is done through proactive monitoring, and it is expected that you can identify, address, and explain the reasons behind the credit risk and relation to the regulatory parameters (EAD, PD, LGD), capital impact (risk-weighted assets) and profitability (RORWA).
The ideal candidate has an eye for commercial opportunities real risk management provides. You should be able to keep track of your priorities and understand which task to take first. You should also be able to communicate equally with your colleagues across the Nordic region.
The team
Several of your colleagues are in other countries, and the team has a good spirit with great understanding of our differences and the mistakes we of course all make. When something burns, we're happy to override what we may have planned to help. In general, you need to be ready to roll up your sleeves, put the magnifying glass to your eye and find a solution. Don't sit with your hands folded and wait for the manager to tell you what to throw yourself at. And don't worry – we will ensure the necessary training.
Special professional qualifications
- You have a long-term economic university education
- At least 2 years of experience as a credit risk analyst or similar role
- High level and proven skill in at least one of SQL/SAS/R/Python
- Excellent communication skills in English, both written and verbal
- Outstanding organisational, analytical, and time-management skills
- Knowledge of data warehouse/integration/model construction is an advantage
We offer
- Working in an international company that delivers great results, has high ambitions and is developing into the future
- A working culture that is informal, but at the same time professional and dynamic, with the opportunity to make an impact
- Highly competent, dedicated, and friendly co-workers with strong collaboration across the Nordics
Are you interested?
If you have the right profile, will and enthusiasm, please send your application and CV via the link. The job is to be filled as soon as possible, so we encourage you to submit your application as soon as possible. Interviews are held continuously. All applications shall be treated as confidential.
You will report to Ilona Kajamaa, Auto SME Portfolio Leader, in SCF Finland. If you have any questions about the position, you are welcome to contact Ilona at tel. +358 40 7319 114.