At Bank Norwegian and Nordax Bank, we believe in simplicity, transparency, and technology-driven innovation. As part of NOBA Bank Group, we offer consumer loans, credit cards, savings accounts and insurance – all made available through cutting-edge technology, automation, and seamless self-service platforms.

With over 2 million customers across Norway, Sweden, Denmark, Finland, Germany, and Spain, we’re proud to be part of the largest independent specialist consumer finance lender in the Nordics – and we’re just getting started.

Whether you're located in Oslo (Fornebu) or Stockholm (Gävlegatan 22), this is an opportunity to join a bank that is growing fast and shaping the future of consumer finance in Europe.

About the role:
Our Credit & Analytics department is known for being one of the most forward-thinking in the Nordics, made up of talents from across the globe. Within this department, the Credit Underwriting & Decision Analytics unit focuses on continuously improving our automated underwriting processes and monitoring risk performance.

As our unsecured portfolios across the Nordics grow in both size and complexity, we’re now looking for a Senior Credit Risk Analyst to join us on this exciting journey and help influence our future solutions. Credit underwriting is within the absolute core for a bank operating within unsecured credits. Working and coordinating with stakeholders from multiple departments is essential, and internally we simply refer to this role as having the day-to-day responsibility for “running the bank”

Main tasks:

Having complete responsibility for a portfolio from a credit risk perspective
Consistently analyze assigned portfolios to identify underwriting (UW) opportunities and risks, delivering actionable recommendations based on analysis and investigation
Maintain a strong overview of the country portfolio, understanding key figures, trends and effects of UW changes
Lead and coordinate cross-functional initiatives for underwriting changes, improvements and effectively managing input from key stakeholders
Develop and enhance risk reporting using advanced analytical tools
Engage in the bank’s model validation activities and ensure compliance with regulatory standards and internal guidelines
Support strategic growth initiatives by conducting deep-dive analyses across products and markets
Identify untapped data opportunities and turn them into actionable insights
Collaborate on other tasks within Credit Underwriting & Decision Analytics to support our continuous improvement journey

We are looking for you who:

Fluency in English (Scandinavian language skills is a plus)
Minimum 5 years’ experience working within credit risk in the Nordic countries
Strong communication skills – ability to explain complex findings in an understandable way
Working experience from using analytical tools such R, Python, SAS or SQL/Databricks
A degree in a quantitative field (Economics, Statistics, Data Science or similar)

Nice to have:

Familiarity with reporting tools such as Tableau or Power BI
Exposure to cloud platforms (e.g. AWS, Azure, GCP)
Experience of working with B2B.

Who you are:
Knowing it’s a lot to ask for, but if you are creative, curious and have strong analytical skills at the same time, we think you could make a huge impact on our business. You are eager to use data and willing to challenge and improve existing methods. You enjoy both working independently and collaborating closely with others.

In addition to this, it is important to us that you recognize yourself in our values: we are wholehearted, we collaborate and we take the lead.

Have you heard of NOBAVERSE?
In our NOBAVERSE, we value openness, trust, and diversity. Here, you can influence your own development and have fun along the way to achieving our goals – all in a workplace that’s a little extra bubbly ! ✨
Read more about our employee value proposition on our careers page.

Read more about how our recruitment process works in the FAQ .

We care for your privacy and, with reference to the GDPR, would like to ask you not to include any sensitive personal data in your application, for examples information about ethnic origin, political opinions, religious beliefs or information about your health.

Read more about how we handle your personal data here .

If you have any questions or concerns about the position, please contact the responsible recruiter.

We look forward to receiving your application! 🙏✨