{"id":385370,"date":"2024-08-05T13:34:56","date_gmt":"2024-08-05T10:34:56","guid":{"rendered":"https:\/\/bondora.com\/?p=385370"},"modified":"2024-08-05T13:36:43","modified_gmt":"2024-08-05T10:36:43","slug":"bondorian-42","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/bondorian-42\/","title":{"rendered":"From Intern to Senior Credit Risk Analyst \u2013 Meet Our Next Bondorian in the Spotlight"},"content":{"rendered":"\n

World, meet Sten Raak, our 42nd Bondorian in the Spotlight. He started out as an intern and very soon proved to be a perfect match for our team.<\/strong> He contributed in such valuable ways that two years later, he\u2019s now exceeding in his role as Credit Risk Analyst and Data Scientist.<\/p>\n\n\n\n

Discover more about his daily tasks, the rewards and challenges of working in Bondora, and how coffee keeps him going in the world of credit risk analysis.<\/p>\n\n\n

\n
\"\u2615Sten\u2019s
\u2615Sten\u2019s inspirational life motto: \u2018My risk tolerance is directly proportional to my coffee consumption.\u2019<\/em><\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

The Bondorian Spotlight #42 \u2014 Sten Raak<\/h1>\n\n\n\n

\ud83d\udc68\ud83c\udffbBondorian since<\/strong> June 2022<\/p>\n\n\n\n

\ud83d\udcc8Role<\/strong>: Senior Credit Risk Analyst \/ Data Scientist<\/p>\n\n\n\n

\ud83d\udd0fTeam<\/strong>: Credit Risk<\/p>\n\n\n\n

Sten\u2019s journey at Bondora:<\/h2>\n\n\n\n

I initially joined Bondora as an intern, but I proved myself enough to continue as an actual employee after the initial three months of the internship. From there on, I’ve been doing different things in Bondora; at first, I was more of a categorization model analyst, then pivoted into reporting, moved more into the credit risk analytics side, and now managed to also join and work with the Data Science team.<\/strong><\/p>\n\n\n\n

I’ve been working in Bondora while graduating with my BSc in Mathematical Statistics, and now I\u2019m getting a degree in Actuarial and Financial Engineering (MSc).<\/p>\n\n\n\n

What does your typical workday look like?<\/h2>\n\n\n\n

I usually go to the office when possible, as I feel more focused and productive there.<\/strong> Also, it is easier for me to talk and share information in person rather than in Slack or via Teams. And I enjoy the endless supply of coffee at the office. \u2615<\/p>\n\n\n\n

I start my day by quickly reading all the Slack messages and emails and making a plan for what I will work on today and over the next few days. Then, I grab a quick coffee and start working.<\/strong><\/p>\n\n\n\n

I use SQL to retrieve data daily, as it is pivotal to everything in this department. If something is more difficult, I switch to Python or R.<\/p>\n\n\n\n

On the Data Science side, I am using R to create models. Of course, Jira is also used to track all my tasks. Lastly, I cannot live without Excel, love it or hate it.<\/p>\n\n\n\n

What\u2019s the most rewarding part of your job?<\/h2>\n\n\n\n

Making a significant impact on the company with the results of my analyses or bugfixes.<\/p>\n\n\n\n

What does the Credit Risk team do?<\/h2>\n\n\n\n

We do everything in our power to optimize the loan flow from the credit risk side \u2013 this means decreasing risk (defaults, for example), being a responsible lender, and developing different strategies to increase profitability.<\/p>\n\n\n\n

What is the best meme that sums up working in the credit risk team?<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

How do you determine credit risk for the company, and how to avoid them?<\/h2>\n\n\n\n

I would define it as a potential default probability alongside recovery leading to financial losses. We cannot avoid it entirely, but we can try to optimize it.<\/strong><\/p>\n\n\n\n

What’s the hardest part of your job?<\/h2>\n\n\n\n

Our team is almost fully remote, which can prove challenging. And having to document all the things I analyze or investigate.<\/p>\n\n\n\n

And what makes being in Bondora awesome?<\/h2>\n\n\n\n

I have to say the people and the lack of bureaucracy.<\/strong> It is fast-paced, and the company is purely based on data, so there is always a lot to learn from the automation and data science side here, be it new tools\/technologies or from other employees.<\/p>\n\n\n\n

You aren’t put into a single box, and then you do your thing. <\/strong>Here you can branch out and work on several topics that might not be that closely related, which is why it is such a good learning experience.<\/p>\n\n\n\n

What is your best investment advice?<\/h2>\n\n\n\n

I would say: Don’t put all your eggs in a single basket.<\/strong> Diversify stocks, bonds, and maybe even crypto if you are feeling a little risky \ud83d\ude09<\/p>\n\n\n\n

Usually, it is not worth searching for the single \u2018to the moon\u2019 investment asset; people will find higher success with stable, already well-known companies that have the financials to back them up in case something in the world goes south.<\/p>\n\n\n\n

And now, let\u2019s get to know Sten on a personal level!<\/h1>\n\n\n\n

What are some of your hobbies? What do you like to do in your free time?<\/h2>\n\n\n\n

My main hobbies are video games and building\/modifying computers. Building a computer is like playing with LEGOs. I like to play video games with my friends. Otherwise, I like playing airsoft and swimming\ud83c\udfca<\/p>\n\n\n\n

\ud83c\udfcd\ufe0fOh, and I also like riding a motorcycle. I got my license last year (A2 category because I was too young), and I will be upgrading my license this summer.<\/p>\n\n\n\n

Do you have any pets? Please share a picture and a funny story.<\/h2>\n\n\n\n

I have a Dwarf Rabbit named Bosse and a Pomeranian puppy named Milo. My puppy really likes to play, but the bunny doesn’t like it too much<\/strong>\u2014she would like to lounge on the carpet all day and is quite irritated when Milo tries to play with her\ud83d\ude04<\/p>\n\n\n

\n
\"\"<\/figure>\n<\/div>\n\n\n

My puppy is the brown one. The white one is my partner’s sister’s dog, who is a little grumpy in his old age.<\/em><\/p>\n\n\n\n

What are your favorite games to play?<\/h2>\n\n\n\n

I enjoy Monster Hunter World and Dark Souls on PC and console (and, of course, the classic: Counter Strike). I absolutely love the card game Exploding Kittens.<\/p>\n\n\n

\n
\"Sten
Sten also has a Dwarf Rabbit named Bosse<\/em>.<\/figcaption><\/figure>\n<\/div>\n\n\n

What\u2019s your favorite TV show?<\/h2>\n\n\n\n

Brooklyn Nine-Nine: it has a lot of good stupid-funny jokes.<\/p>\n\n\n\n

What\u2019s your favorite kind of music?<\/h2>\n\n\n\n

I mostly listen to Rock or Alternative Rock music, like Shinedown, Billy Talent, and Aerosmith. Now, for a couple of weeks, I’ve been really liking Trad.Attack!<\/p>\n\n\n\n

Bacon: yay or nay? <\/h2>\n\n\n\n

It would be a yay if I could eat it \ud83d\ude1c\ud83e\udd53<\/strong><\/p>\n\n\n\n

What superpower would you like to have and why?<\/h2>\n\n\n\n

From a practical standpoint \u2013 Reality Manipulation. I think you can use this in absolutely every aspect needed.<\/p>\n\n\n\n

What’s something that you want to do that scares you?<\/h2>\n\n\n\n

I would like to parachute out of a plane, but I haven’t done that yet. It is quite scary, but I feel like the desire to do that is stronger than the fear<\/strong> \ud83e\ude82<\/p>\n\n\n\n

Thank you for following Sten on his incredible Bondorian Spotlight journey! <\/strong><\/strong><\/p>\n\n\n\n

Tune in again next month to read another episode of The Bondorian Spotlight<\/strong> and meet our 43rd<\/sup> Bondorian!<\/p>\n\n\n\n

P.S. If you want to become our next Bondorian, head to our <\/em>Careers Page<\/em><\/a> to check out our open positions.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

World, meet Sten Raak, our 42nd Bondorian in the Spotlight. He started as an intern and soon proved to be a perfect match for us. Read more:<\/p>\n","protected":false},"author":11,"featured_media":385415,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[117],"tags":[102,103],"class_list":["post-385370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bondora-news","tag-bondora","tag-english"],"acf":[],"featured_image":{"url":"https:\/\/goandgrow.eu\/wp-content\/uploads\/sites\/4\/2024\/08\/749-x-439px-5.png","width":749,"height":439},"categories_names":["News"],"category_name":"News","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/385370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=385370"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/385370\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media\/385415"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=385370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=385370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=385370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}