Quantitative Analyst in Credit Risk Model Validation

SEB
Vilnius
Workplace: HybridFull timeEUR 3,750 - 5,650 monthlyFunction: Capital Markets, Trading & QuantSkills: ["Communication","Proactive","Teamwork","Analytical thinking"]

Join SEB’s Group CRO model validation team in Vilnius, ensuring the quality of models used to measure credit risk. You’ll perform independent validations across model design, methodology, assumptions, implementation, performance, and monitoring, combining quantitative and qualitative review. Contribute to building validation frameworks and automation initiatives, recommend improvements to tools, and communicate findings and recommendations to model owners, developers, users, and CRO management.

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FursaFursa
SEB
SEB
15 hours ago

Quantitative Analyst in Credit Risk Model Validation

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Source: Company careers pageValidated by: Fursa AI
Last checked: 13 hours agoStatus: Live
Reposted: similar role first listed 4 months ago

Job Summary

Join SEB’s Group CRO model validation team in Vilnius, ensuring the quality of models used to measure credit risk. You’ll perform independent validations across model design, methodology, assumptions, implementation, performance, and monitoring, combining quantitative and qualitative review. Contribute to building validation frameworks and automation initiatives, recommend improvements to tools, and communicate findings and recommendations to model owners, developers, users, and CRO management.
Location: Vilnius
Workplace: Hybrid
Employment Type: Full time
Job Function: Capital Markets, Trading & Quant
Seniority: Mid level

Key Responsibilities

  • •Conduct in-depth reviews and independent validations of credit risk models, covering design, methodology, assumptions, implementation, performance, and monitoring.
  • •Perform model testing from quantitative and qualitative perspectives to assess accuracy, stability, and regulatory compliance.
  • •Assess model design and implementation to identify weaknesses and enhancement opportunities.
  • •Develop and contribute to model validation frameworks and automation initiatives, including suggesting improvements to validation tools.
  • •Interpret and communicate validation results, conclusions, and recommendations to model owners and CRO stakeholders.

Pay and Benefits

Salary: EUR 3,750 - 5,650 monthly
Perks:Paid LeavePensionProfit SharingHealth InsuranceVolunteering Days

Key Requirements

  • •Experience in quantitative risk models, statistical methodologies, and model validation activities, delivering high-quality analytical assessments.
  • •Experience in programming and data analysis tools such as Python, R, SAS, SQL, or equivalent.
  • •Ability to translate complex quantitative findings into clear, concise messages.
  • •Experience in the development, testing, or analysis of risk measurement models across one or more risk types (credit, market, liquidity, capital, stress testing, IFRS 9, IRB), as an advantage.
  • •An academic background in statistics, mathematics, data science, econometrics, physics, engineering, or a related field.
Experience:Risk modelsModel validationCredit riskRegulatory complianceIFRS 9Stress testingIRB
Education:
Skills:CommunicationProactiveTeamworkAnalytical thinking
Languages:English
Tech Stack:PythonRSASSQL

Company Brief

SEB
SEB (Skandinaviska Enskilda Banken) is a leading Nordic financial group offering corporate and institutional banking, wealth management, private banking, and asset management services to businesses and private customers across the Nordic and Baltic regions.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Stockholm, Sweden
Founded: 1856
WebsiteLinkedIn