Helsinki
NORDIC INVESTMENT BANK can offer you the chance to do banking that makes a difference. The projects that we finance serve to make the Nordic-Baltic region sustainable and competitive. Also, we are an International Financial Institution, which will give you the possibility to work with international experts at higher levels than elsewhere. The challenges you will face working at NIB are unique, providing you with valuable experiences on an international level. We are a close network of some 200 people located in the heart of Helsinki. The atmosphere is international and our official internal language is English.
We are looking for an Analyst/Associate Analyst
to join our Middle Office Unit
Are you intrigued by the financial markets and looking for the next step to challenge yourself and grow professionally? Would you like to be part of the broader team that support and challenge Treasury front office in the Bank? Do you like to analyse and explain the consequences of market developments, and would you enjoy working with numbers for an organisation that is Financing the Future?
The Middle Office Unit, which is part of the Treasury & Finance department, acts as the controlling and reporting function for NIB’s Treasury operations. Those are linked to the funding programs with outstanding bond issuances of EUR 32bn, liquidity buffer holdings of EUR 12bn plus the risk management of the Bank’s interest rate, credit spread and FX risks.
The Unit is a team of 6 professionals, and it works closely with other Treasury & Finance professionals and other Units in the Bank. The responsibilities include trade valuations and related valuation models, procuring and validating market data, internal Treasury reporting and analysis, managing the hedge accounting framework and developing IT-systems used in the Treasury operations. In addition, the Unit also cover portfolio valuation reconciliation, benchmarking and participating in Treasury & Finance related projects.
The position offers excellent insight into the Bank’s business activities as well as a unique opportunity to learn more about Treasury operations. The Analyst/Associate Analyst will be reporting to the Head of Middle Office Unit that is reporting to the CFO.
Your journey in NIB will consist of:
Pricing and valuation control of the Treasury transactions. Reconciling trade valuations against counterparties. Managing collateral valuations and dispute management. Analysing and explaining P/L developments in relation to developments in financial markets and risk exposures. Managing and developing daily reporting of P/L and valuations using BI tools and the bank’s Enterprise Data Warehouse. Preparing reports and presentations for executive management. Controlling and validating the quality of market data. Taking part in projects and other activities within the Unit.We are looking for someone who:
Has an interest in and knowledge of financial markets and instruments. Is an outgoing person with good communication and interpersonal skills and likes working in a multi-cultural environment. Has an analytical mindset and likes to explain things with simple and clear terminology. Is familiar with business intelligence tools, e.g. Power BI, and SQL. Other scientific computing languages are considered a benefit. Is fluent in spoken and written English. Has a Bachelor or Master’s degree in finance, economics, computer science or statistics (or other relevant education). Might also have an understanding of IFRS accounting principles (considered a benefit). Have relevant work experience with financial instruments, controlling, reporting or business/data analysis, preferably from a bank.We offer you:
An opportunity to develop your professional skills further and gain insights into global financial markets. The possibility to influence and participate in developing the Middle Office activities further. A new perspective on the financial industry based on NIB’s position as an International Financial Institution owned by the Nordic and Baltic countries. A role in an ambitious and supportive team that values initiative, learning, sharing and the ability to proactively collaborate with colleagues across the Bank. A place in an International Financial Institution with a clear purpose to do good.NIB offers an international banking environment and a competitive remuneration package. Our unique position as an international financial institution (IFI) provides a novel perspective on the financial industry.
Additional information
The position is located at the NIB headquarters in Helsinki, Finland. We warmly welcome expatriate employees and their families by supporting their relocation and integration to a lively Nordic capital with a modern atmosphere.
Additional information about the position can be obtained from Simo Heliövaara, Senior Risk Manager (+358 10 6180 397 or simo.heliovaara@nib.int), Kari Mikola, Head of Middle Office (+358 10 618 0336 or kari.mikola@nib.int) or, alternatively, from Kim Skov Jensen, CFO (+358 10 618 0209 or kim.jensen@nib.int).
To apply for the position and for more information about NIB, please visit https://www.nib.int/who_we_are/our_people/jobs.
The deadline for submitting your application is 3 September 2022, applications will however be processed successively when received.
The vision of NIB is a prosperous and sustainable Nordic-Baltic region. Our employees are our strongest asset in realising this vision. Our core values are competence, commitment and cooperation.
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 work-life balance.
This vacancy is archived.