Nordic Investment Bank (NI is an international financial institution owned by the eight Nordic and Baltic countries. We provide longterm sustainable finance for projects and targets that improve productivity and benefit the environment of our region and operate across both public and private sectors. NIB maintains a AAA/Aaa credit rating and crowds in global funds by issuing bonds on the international capital markets. We are headquartered in Helsinki, Finland, and uphold values of integrity and transparency in all our activities.
The Risk & Compliance Department is seeking a (SenioEconomist / Analyst. The focus is the production of macrofinancial scenarios – for a number of critical Bankwide processes – and playing a core role in the development and application of methodologies to integrate climate and ESG risks into overall risk management and core banking processes.
(SENIOECONOMIST / ANALYST
Main responsibilities
- Stewardship of macroeconomic models, macrofinancial scenarios
- Development of climate scenario analysis and climate stress testing
- Stewardship of macro stress testing and related ICAAP contributions
- Development and maintenance of indicators & reports to assess and monitoring macrofinancial developments
- Development and maintenance of indicators & reports for market and peer benchmarking
- Management of regulatory monitoring services
- Monitoring & reporting developments in macroprudential regulation and policies
- Adhoc analyses on topics of relevance to decisionmakers
Qualifications & experience
- Master’s degree required. PhD an asset. Fields: Economics, Finance, Mathematics, Statistics.
- Minimum 35 years of experience in the development and maintenance of macro models, analysis of financial risk, preferably within international (commercial, central, or supranationabanking, or in a bank regulator / supervisor
- Experience with stress testing and macroprudential matters
- Familiarity with and strong interest in climate and ESG risks
- Fluency in English is a prerequisite
The ideal candidate would have/be
- Advanced analytical skills in macroeconomics, econometrics and forecasting techniques
- Ability to process vast amounts of information to highlight key issues and draw conclusions
- Excellent writing, verbal and presentation skills
- Competent with software, IT and programming (SQL, PowerBI, Python,
- Able to independently manage their workload and work effectively in teams
- Professional, reliable, selfmotivated and proactive
NIB offers a novel perspective in the financial sector, professional growth and a competitive remuneration package.
As a (SenioEconomist / Analyst in the Risk & Compliance Department, you would provide frequent direct input to key decisionmaking bodies. You would have regular opportunities to work with diversified team of experts (from e.g. lending, treasury, risk management, financial planning, accountin.
The position is located at the NIB headquarters in Helsinki, Finland. We have a hybrid work model which includes partial remote work possibilities. We warmly welcome expatriate employees and their families by supporting their relocation and integration. In recruitment, NIB puts the main emphasis on personal and professional qualifications and experience. NIB is a professional expert organisation, and encourages employees to continuously develop their professional competencies while maintaining a sustainable worklife balance.
For more information about this position, please contact Pascal.Gauthier@nib.int (Senior Director, Head of the Risk Management Office, phone: +358 50 431 4617) or Julian.Cabrera@nib.int (HR Business Partne.