Senior Retail Risk Analyst – Auto SME & Unsecured Portfolios 

Shape the credit risk strategy for key retail portfolios across the Nordics. 

Each month, thousands of customers and small and medium-sized enterprises (SMEs) rely on us for financing. Ensuring sustainable growth while maintaining strong risk discipline requires senior analytical expertise, sound judgement, and the ability to influence decisions across the organization.

We are now looking for two Senior Retail Risk Analysts to strengthen our Retail Risk team in Norway, covering: Auto SME portfolios, and Unsecured retail portfolios. 

Both positions are based in Lysaker, Norway, with close collaboration across the Nordic countries. 

About the role 

As a Senior Retail Risk Analyst, you will play an important role in defining and executing the credit risk approach for your assigned portfolio. You will support strategic decision-making by combining deep portfolio insight with forward-looking risk assessments, while working closely with key stakeholders across the organization. 

The role spans portfolio risk responsibility, advanced analysis, and stakeholder collaboration, with a clear focus on strengthening underwriting quality, portfolio performance, and long-term risk outcomes. You will be part of a Nordic risk organization with strong analytical capabilities and high standards for quality and impact. 

Key responsibilities 

Your responsibilities will include: 

• Taking end-to-end risk responsibility for selected retail portfolios (Auto SME or Unsecured) throughout their lifecycle 

• Providing clear, actionable risk insights and recommendations to management and key stakeholders 

• Supporting the development and maintenance of underwriting standards, credit policies, and risk appetite through data-driven analysis 

• Monitoring portfolio performance and identifying emerging risks, structural shifts, and early warning signals 

• Identifying and explaining key credit risk drivers and their impact on PD, LGD, EAD, capital consumption (RWAs), and profitability 

• Supporting forecasting activities and forward-looking risk assessments across different credit cycle scenarios 

• Working closely with Underwriting, Commercial, and Product teams as a senior risk counterpart 

• Contributing to scorecard development, model enhancements, and other risk-related initiatives 

• Strengthening data quality and developing automated reporting to support scalable and effective risk monitoring 

Your profile 

We are looking for professionals who bring: 

• 3+ years of relevant experience within credit risk, analytics, underwriting, or portfolio management 

• Strong academic background in Finance, Risk, Analytics, Mathematics, Engineering, or a related field 

• Advanced analytical skills with strong hands-on experience in Excel and SQL, as well as SAS, R, or Python 

• Solid understanding of retail credit risk principles; experience with SME or unsecured portfolios is an advantage 

• Experience with risk models, scorecards, or data infrastructure is an advantage 

• Fluency in English; Nordic language skills are an asset 

• Valid work permit 

Personal qualities 

You are: 

• Analytical and structured, with the ability to balance detail with a broader portfolio perspective 

• Comfortable taking ownership and accountability within your area of responsibility 

• A clear and confident communicator, able to explain complex risk topics to non-technical stakeholders 

• Collaborative and constructive, with the ability to challenge when needed 

• Curious, driven, and motivated to continuously improve risk processes and outcomes