Credit Risk Analyst to Nasdaq

Credit Risk Analyst to Nasdaq


Nasdaq Clearing is now looking for a Credit Risk Analyst to join the Stockholm office. Nasdaq Clearing is a multi-asset derivatives clearinghouse covering Commodities, Equity and Fixed Income. The major risks involved in the clearing business are counterparty risk, market risk, liquidity risk and operational risk.


Risk Management aims for intra-team knowledge sharing across markets and tasks, and the Credit Risk Analyst will have a unique opportunity to gain knowledge of the clearing industry and of the products cleared at Nasdaq Clearing. This role will, from time-to-time, work closely with specialists from other teams in the Risk Management department (Risk Modelling, Risk Operation & Default Management), Business Development, Operations, and Legal.


The Team


This role will be part of the Credit Risk team in the Clearing Risk Management department, forming the first line of defense for Nasdaq Clearing. The main task for the team is to perform credit risk analysis, and monitor new and existing counterparties to Nasdaq Clearing. This includes members, collateral issuers, settlement banks and liquidity providers.


Your role and responsibilities


Perform credit risk analysis and monitoring of Nasdaq Clearings counterparties, both existing and new


Perform credit risk evaluation of counterparties, including credit risk rating, due diligence and annual review


Perform credit risk rating of Nasdaq Clearings counterparties, including development and maintenance of credit rating model and related process


Prepare credit risk reports to management


Engage with clients to ensure counterparty adherence to minimum clearing participation criteria


Further development of Nasdaq Clearings credit risk framework and processes


We expect you to have


Approximately three years relevant working experience in credit risk management


Solid understanding of financial statements and its interdependence as well as corporate analysis


Strong social skills with experience in client contact both internally and externally


Technical skills (Excel, Word, SQL, Python, C#, etc.)


Fluent in one Nordic language and English


Highly organized and structured approach to work


Bachelor or higher Degree in Business Administration/Finance/Economics/Statistics or similar


It would be great if you have


Knowledge and experience from financial and commodity markets


Experience within anti-financial crime risk management


Experience from a risk organization


Experience from an international organization


Positive attitude and an ability to adapt to an ever-changing environment


Does this sound like you?


To be successful in this role you need to be a highly motivated team player who is also able to run projects individually. You should have a high level of integrity, a creative mindset and a willingness to challenge how things are done.


This is a permanent full-time position located in Stockholm. Please submit your application in English no later than 13 June 2021.


Nasdaq is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information or any other status protected by applicable law.


Apply online: http://nasdaqinc.contacthr.com/84266292