JOB OPPORTUNITY

We are looking for a Risk Officer / Senior Risk Officer (Quantitative Risk Modelling) to work with IRB credit risk models while also contributing to key CRCU (second-line) credit risk control activities.

About the positionYou will develop and maintain IRB credit risk models and ensure they are correctly implemented, monitored, and used in line with internal methodologies and regulatory expectations. The role combines quantitative modelling with independent risk oversight, close stakeholder collaboration, and regulatory interaction.

• Develop, maintain, and enhance IRB credit risk models (PD, LGD, EAD)

• Apply and improve SEB’s IRB modelling methodology in line with regulatory requirements

• Perform independent analysis and challenge of model performance, assumptions, and usage

• Set up and perform regular model monitoring, back-testing, and analysis of deviations

• Collaborate with business, IT, validation, internal audit, and regulators

• Support IT implementation of models and monitoring tools

• Contribute to credit risk data quality initiatives and risk reporting

• Prepare material for risk governance forums and supervisory reviews

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• 3-5+ years of experience in banking, with strong knowledge of credit risk modelling

• Strong data analysis skills, high accuracy, attention to detail, and ability to present complex topics simply to various stakeholders

• Understanding of regulatory requirements and supervisory expectations for IRB banks

• Understanding their interplay with IFRS9 ECL modelling framework and Pillar II area is a significant advantage Goal-driven, proactive, with good cooperation skills and a strong sense of responsibility

• Delivery-oriented mindset, with initiative and ability to address challenges in a high-intensity environment

• A degree in a quantitative area (Data Science, Mathematics, Statistics/Econometrics, Quantitative Economics, Physics, or Economics/Finance with strong quantitative skills)

• Strong programming skills in Python, R, SQL, and understanding of latest code versioning practices

• Excellent communication skills in English

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• Being a part of a Baltic team with dedicated and experienced colleagues

• Cooperation with various units of SEB bank and long-term career and development possibilities within the bank

• Opportunity to take part in important development projects in the Baltics

• Challenging, creative and high responsibility tasks, possibility to gain valuable experience and self-development

• Dynamic environment, friendly and welcoming culture

• Extensive training and learning opportunities

• Attractive compensation, health insurance, other employee benefits

• Flexible work environment, opportunity to work partly remotely

Are you interested in this position?

Apply by clicking on the “Apply Now” Button below!
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