Student in Stress Testing and Projections

Job ID: 6821
Would you like to join a highly skilled and senior team in credit risk that acts as a partner to ensure robust credit risk stress testing and projections adequacy in Nordea? Then consider this opportunity to make an impact and contribute with your strong analytical and AI skills!

We are currently looking for a student, with a strong analytical mindset and stakeholder management skills, to contribute to completing high impact assignments.

About This Opportunity
Welcome to Credit Risk Stress Testing and Projections, a small and senior unit in the larger area of Credit Risk Control in Group Risk, which supports on critical and high-profile processes and deliveries in the unit Credit Risk Analysis and Projections. We are a centre for analytical knowledge and project management for credit risk stress testing, also including large exercises such as ICAAP and EBA. We drive tasks, projects and working groups related to strategic and operational topics in close dialogue with senior management.

As a student, you will play an important role in strengthening the decision foundation for senior stakeholders related to collective provisioning as well as developing and enhancing the AI support around data quality assurance in credit risk stress testing.

This is an opportunity to gain deep knowledge around credit risk stress testing, starting with the example of the upcoming EBA 2027, one of the largest European Stress Test Exercises. In addition, you have the unique change to get insights into a strategic area of the bank within AI. You can build on this knowledge in your future career in various ways, e.g., using your data analytics and related documentation skills, conceptual skills related to process and project management that you gained through being part of a large project that runs across group level, and insights into senior stakeholder communication and packaging up data results for senior management.

What you’ll be doing:

• Build data automation and reporting solutions to improve efficiency and reduce manual processes.
• Support reconciliation, forecasting, and integration of credit risk and ESG data.
• Contribute to stress testing activities and regulatory data quality management, including EBA DQ flag analysis and remediation.
• Document processes, maintain reporting logic, and support knowledge sharing and onboarding across the organization.
• Collaborating with relevant stakeholders in Nordea

When planning your working hours (approx. 2-3 days per week), we will take into consideration your tuition schedule, upcoming exams etc., but will also expect some degree of flexibility in peak periods.

You will join a highly skilled, small and senior team and have strong support from the team members. The role is based in Oslo.

Who You Are
Collaboration. Ownership. Passion. Courage. These are the values that guide us in being at our best – and that we imagine you share with us.

To succeed in this role, we believe you have:

• Strong analytical and problem-solving skills and ability to work with complex issues
• Ability to work at a high pace on diverse tasks with tight deadlines, but also enjoy working on long-term projects
• Very good communication skills and stakeholder management skills to be able to interact with stakeholders on all seniority levels
• A curious and caring mindset and a strong desire to positively impact our diverse team and to contribute to a great team atmosphere where we have fun working and building value together
• A team player mentality and an eagerness to work cross-Nordics and cross-Nordea

Your ideal experience and background:

• Strong analytical capability and experience from working with databases and coding, especially in languages such as Python, SAS, SQL
• Experience with Agentic AI
• Experienced user of MS Office, in particular Excel and Powerpoint
• Interest and capability to work on complex analytical tasks without an obvious solution
• Interest in learning about credit risk in the banking industry
• Excellent command of spoken and written English
• Academic background in international business, finance, engineering, statistics, technology or similar with at least 1.5 years of remaining studies

What We Offer
People come here when they want to get somewhere. For some, it’s to take their career to the next level. For others, it’s to break new ground within their area of expertise – in other words, with us, you will always move forward.

A culture that fosters performance and growth in one of the largest Nordic banks, offering various opportunities to evolve, develop and learn from brilliant colleagues with diverse backgrounds in a vibrant working environment.

Hybrid working model – we believe in the value of bringing people together and at the same time we embrace the freedom of flexibility.

Diversity and inclusion are a natural part of our daily work. We know that an inclusive workplace is a sustainable one. We genuinely believe that our diverse backgrounds, experiences, characteristics and traits make us stronger together. Every day we strive to find new ways to improve diversity and inclusion within our community e.g. we have signed the European Diversity Charters in the countries where we operate to show our commitment and engage with others to continue learning and improving.

If this sounds like you, get in touch!

Next steps
Submit your application no later than 13/11/2026.

For more information, you’re welcome to contact Nils Fredrik Nilsson at nils.fredrik.nilsson@nordea.com.

The recruitment process consists of the following steps:

• Preliminary CV selection
• Interview with the hiring leader
• Background- and referencecheck

We enable dreams and aspirations for a greater good.

We build relationships. We add a personal touch to everything we do – when advising our customers, collaborating with colleagues, and meeting our potential candidates.

We learn and develop. We take pride in being experts and thinking ahead. We use our expertise to meet our customers’ needs, from the simplest to the most complex. We bring a growth mindset to our work that enables us to focus on a broader perspective in our daily challenges.

We lead change. We are responsible and aware of the impact of our decisions, both for our customers and for our local and global communities. Mindful of our responsibility towards current and future generations, we have made sustainability an integrated part of our business strategy.

We are Nordea. We have a 200-year history of supporting and growing the Nordic economies and our values are deeply rooted in these open, progressive and collaborative societies. As one of the biggest employers in the Nordics, Poland and Estonia, you have excellent opportunities to evolve, develop and move forward with us.