Risk Model Specialist

For our client, one of the largest banks in the Nordic region, we are looking for a Risk Model Specialist.
In this role, you will support the development, validation, and management of models used in Transaction Monitoring. These models are designed to analyze customer transactions and identify potentially suspicious activities.
If you are a person who combines strong analytical skills with accuracy and curiosity, and you have experience in data analysis, assessing model assumptions, and working with documentation, this opportunity could be a great fit for you.
Key responsibilities
• Responsibility for the development and validation of transaction monitoring models, including model documentation, model reviews and model governance.
• Driving model governance activities within the TMU, including validation assessments and implementation of recommendations and feedback from the 2nd Line.
• Setting the direction for model development and experimental design, balancing analytical rigor with practical constraints.
• Documenting model design and outcomes and collaborating with the analytics team to assess model assumptions, limitations and potential weaknesses.
• Providing hands-on support in developing prototypes, tests and analytical methodologies.
• Mentoring and supporting the development of the analytics team, as well as collaborating on the design, testing and implementation of SOPs (Standard Operating Procedures).
• Supporting processes related to data lineage, data governance, model tuning and calibration, as well as monitoring model performance and outcomes.
• Collaborating with internal and external stakeholders and representing the organization in a professional manner.
Ideal candidate profile
• Minimum 3 years of experience in a similar role.
• Extensive experience in Model Risk Management, Model Governance and Model Validation.
• Strong background in Data Science, statistics and quantitative methods.
• Experience in technical or academic writing, particularly model documentation.
• Master’s degree or higher in a quantitative field, such as Computer Science, Actuarial Science, Statistics, Mathematics or a related field.
• Excellent communication, presentation and stakeholder management skills.
• Well-organized, structured and professional, with the ability to take initiative and work independently.
• Assertive communication skills, with the ability to set direction and achieve results in a dynamic and changing environment.
Nice to have:
• Experience in Financial Crime / AML, including Transaction Monitoring and cooperation with technology vendors.
• Knowledge of Transaction Monitoring platforms, such as Quantexa.
• Experience as a Model Validator or Quantitative Risk Analyst.
Conditions
• Location: Helsinki, Finland
• Work Model: Hybrid - 3 days per week onsite, 2 days remote
• Employment Type: B2B Contract
• Salary: 55 eur/h
• Duration of the project: 6 months, Start of the project: 01.10.2026, Candidates available ASAP are preferred
Recruitment steps
• Initial call with a KUBO recruiter
• Interview(s) with the client (1 or 2 interview stages)
• Decision and feedback