Credit Risk Analyst SME

Credit Risk Analyst SME Are you a challenger who wants to shape the future of credit risk for Business Loans to Small and Medium-sized Enterprises (SME)? Apply here! 👋🏼 Are you a challenger who wants to shape the future of credit risk for Business Loans to Small and Medium-sized Enterprises (SME)? At 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. This is an opportunity to join a bank that is growing fast and shaping the future of Small Medium Enterprises (SME) business loans in the Nordics. Why join us? We put professional development at the core of our success. At Nordax, you’ll find an international and friendly workplace with a flat structure, informal culture and high level of trust and autonomy. We’re currently around 200 employees at Bank Norwegian, and over 600 across the Nordax Bank . Our culture is built on collaboration, curiosity, and shared success — and we’re proud to live by our values: 💛 We are wholehearted 🤝 We collaborate 🚀 We take the lead About the team 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. We are now launching our SME business loans in the Nordics. As we build this business from the ground up, we’re looking for a Credit Risk Analyst SME with strong credit risk experience within the corporate lending business to play a key role in shaping our future solutions, policies, and risk strategies. This is a unique opportunity to be at the forefront of a new business area and make a real impact from day one. What you’ll be doing Play a central role in developing and launching the SME business loans in the Nordics Collaborate with business, product, and cross-functional teams on projects and initiatives, providing credit risk expertise into business decisions Work with data and data structures to ensure we have the right foundation for monitoring SME credit risk and processes, and to connect these insights directly to business and credit risk outcomes Contribute to continuous improvement of credit risk strategies, tools, process improvements and efficiency Develop and enhance data-driven monitoring and reporting to support proactive risk management for SME portfolios as the business grows Understand how data flows through our systems and processes, and leverage this knowledge to identify business opportunities, improve decision-making, and optimize operations Communicate findings and recommendations clearly to both technical and non-technical audiences. Collaborate on various tasks within Credit Underwriting & Decision Analytics to support our continuous improvement journey What we’re looking for Minimum 5 years’ experience working within credit risk and the credit environment for SME business loans in the Swedish market In-depth knowledge of credit risk assessment, credit bureau data, regulatory requirements, and market-specific credit risk factors related to SME loans Strong analytical skills, including the ability to interpret complex data and present findings clearly Fluency in English (Scandinavian language skills is a plus) 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, Finance, Statistics, Data Science or similar) Experience with fraud detection, prevention, and related controls within the SME loans is a strong plus Nice to have: Familiarity with reporting tools such as Tableau or Power BI Exposure to cloud platforms (e.g. AWS, Azure, GCP) Who you are You are creative, curious, and have strong analytical skills. You enjoy using data to challenge and improve existing methods and are eager to drive business improvements. You have a talent for seeing how data flows through and impacts business processes, and you use this understanding to identify opportunities, solve problems, and create value. You thrive in a collaborative environment, working closely with colleagues from different backgrounds, and are comfortable taking initiative and responsibility in projects. You have a commercial mindset and are motivated by making a tangible impact on both risk management and business outcomes. What we offer A dynamic, international and tech-driven workplace Significant responsibility as being for a portfolio Great collaboration with experienced and supportive colleagues Competitive salary and benefits Flexible working hours and hybrid setup A flat and informal organization with a startup mentality — but with the stability of an established bank 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! 🙏✨ Department CREDIT & ANALYTICS Locations STOCKHOLM Remote status Hybrid Employment type Full-time Start By agreement Office Gävlegatan 22, Stockholm About NOBA BANK GROUP With a diversified offering through our three brands – Nordax Bank, Bank Norwegian and Svensk Hypotekspension – and over two million customers, we have the size, knowledge and scalability required to enable financial health for more people. NOBA provides specialized, customer-centric financial offerings that are sustainable for the individual, the bank and society at large, today and in the future. The NOBA group has more than 680 full-time employees and is active in eight markets. As of 26 September 2025, the NOBA share is listed on Nasdaq Stockholm. Read more about NOBA and our brands at www.noba.bank . Founded in 2003 Employees: 680+