NORDEN is looking for enthusiastic and curious student assistant to join our Risk Management department.

Your tasks will be focused on credit risk, credit risk assessments and data quality maintenance. The position is based in our headquarter in Hellerup, Copenhagen. The role is part-time, and we expect you to be able to work 15-20 hours per week.

About our team

We are part of the trading floor, and on a daily basis our services are used, not only to manage risk in volatile freight markets but also to advice freight traders to make better decisions. We are responsible for identifying, measing and monitoring market risks, credit risks, sanctions risks and liquidity risks. In addition, we also manage the overall bunker market risk.

Our freight traders actively take certain risks to create margins with one of them being credit risks. To ensure we appropriately price credit risk, we provide the freight traders with credit assessments that include a credit rating which defines their authority to take credit risk.

What you can expect:

We offer an attractive position within our dynamic Risk Management team. You will be part of our enthusiastic and well-functioning team currently consisting of 9 employees in Copenhagen with backgrounds within mathematics, statistics, physics, finance, and shipping.

The key focus of the role will be credit risk, and your tasks will include:

  • Credit risk assessment of our commercial counterparties, where you must investigate the counterparties’ financials, ownership structure, business model and more
  • Ensure data quality remains up to date in our counterparty database (CRM)
  • Ad hoc tasks ranging from analysis in Excel to dashboard and reports in Power BI

Your qualifications

You are currently enrolled in the second or third year of the BSc in Finance or Economics with the intention of taking a master’s degree within the field.

The specific qualifications we are looking for:

  • Interest, knowledge and understanding of financial statement analysis
  • An investigative mindset and a disciplined, thorough approach applicable in due diligence analysis
  • Strong oral and written English skills

About NORDEN

NORDEN was founded in 1871, making it one of the world’s oldest internationally operating shipping companies. We are at the heart of global trade, providing reliable and efficient dry cargo and product tanker services to customers across the world, enabling smarter global trade. With 11 offices across six continents, NORDEN is an integrated part of the global commodity trade with close proximity to our customers.

Your application

Please send your application and CV via our website. The application deadline is 30 October 2021.

If you have any questions regarding the position, you are welcome to contact our Risk Analyst, Victor Estevez-Castrillo at vec@norden.com.