Otso Väärämäki (Market and Counterparty Credit Risk Analytics)
Hello everybody, I am Otso. Last year, I finished my bachelor’s degree in Industrial Engineering and Management, and at present, I am about to complete my master’s studies in Systems and Operations Research at Aalto University.
Prior to joining Nordea at the beginning of May, I had two things on my mind. First, I was grateful (and still am) that I had been provided with a chance to spend my summer at the bank alongside other FFP trainees. Second, complex systems, such as a market economy, have intriguing intricacies especially related to risk. As being somewhat sceptic of the contemporary way of assessing probabilities and potential outcomes, I have been eagerly exploring how things are carried out in practice and with day-to-day activities at Nordea.
The icing on the cake
My work has mainly consisted of technical tasks. My main project during the summer has been to investigate how to present the risk metrics of trade data in a more illustrative manner. Additionally, I did a summer project with four other FFP trainees where we gave suggestions to improve the investment advisory process.
It has been enjoyable to work independently, and I have been provided with a chance to develop solutions which I see fit for purpose. The days at the office, however, I have not spent by myself. Time has run rapidly especially when discussing versatile topics with my FFP colleagues.