Senior Quantitative Analyst in Credit Risk Model Validation \u007C SEB, Stockholm

As banking is transforming at pace, our talented and expanding Quant team is at the forefront, embracing innovation, delivering excellence, and strengthening our risk culture. Are you ready to be part of this journey?

Since SEB was founded in 1856, our focus on customers and long-term relationships has been at the heart of our success. We aim to drive positive change by providing capital to help everyone reach their goals and accelerate progress towards a sustainable tomorrow. As a leading financial services group in northern Europe, we'll help you grow and empower you to take on more responsibility to create a real difference. Welcome to SEB.

About the role

You will be a part of a professional team within SEB Group Chief Risk Officer (CRO) organization that ensures quality of models used for measuring credit risk. We conduct in-depth reviews of the models to ensure quality performance by assessing model design and modelling methodologies, performance from the statistical point of view, data quality, implementation, regulatory compliance, and usage. We are presenting insights and proposing recommendations to the SEB Group CRO management as well as are closely working with the model developers, owners, users, and other key stakeholders.

You will lead or independently perform data retrieval, analysis, and interpretation from diverse sources, assess model performance from both quantitative and qualitative perspectives, and drive the development of model validation frameworks and automation of validation processes to ensure robust, insightful and high-quality analyses. You'll be empowered to introduce new validation tools or enhance existing ones, fostering innovation and efficiency. Work is organized in small, project-driven sub-teams within a fast-paced and supportive environment that encourages creativity, autonomy, and professional growth.

While the core validation team operates from Vilnius, we are also welcoming colleagues to join us in Stockholm. In this role, you'll work closely with experienced professionals throughout SEB's Group CRO organization in the Nordic and Baltic countries.

• Designing and developing methodologies and advanced tools to improve the model review process
• Leading model performance testing from both quantitative and qualitative perspectives
• Evaluating risk model design and methodology with a critical and strategic mindset
• Interpreting test results and delivering actionable insights
• Ensuring high-quality consolidation of analysis into well-structured, interactive reports that effectively communicate key insights and support decision-making
• Presenting validation results to stakeholders and management
• Contributing to high-scale risk measurement projects across SEB Group CRO organization

• A strong academic background in statistics, mathematics, data science, econometrics, physics, engineering, or a related field
• 5+ years of experience in data analysis, credit risk modelling, or model validation
• Proficiency in statistical/programming tools (R, Python) and advanced data handling skills
• Proven ability to take ownership and deliver high-quality work independently
• Strategic and analytical mindset with the ability to translate theory into impactful solutions
• A proactive and collaborative team player, eager to share expertise and mentor others
• Excellent communication and writing skills (English is the main working language)

• Entrepreneurial Scandinavian environment: international working environment, empowering culture, friendly and welcoming teammates.
• Growth culture: opportunity to grow professionally by contributing to large-scale, high-impact initiatives, local and international internal mobility possibilities, put an impact on social or environmental issues.
• Modern environment: innovative company in forefront of technology, challenging, cutting-edge work, excellent office environment, agile and modern ways of working.

Do you want to be part of SEB?

It is our fundamental belief that inclusion and diversity is crucial for our future success. We strive to have an inclusive, value-driven culture where employees feel valued, respected, and involved irrespective of who they are, what they believe or where they come from.

Since we select candidates continuously, feel free to send in your application today via the link in this ad, but no later than November 28, 2025. If you have questions about the position, please contact Gustav Rutberg, Head of Model Risk, at or Irma Rastene, Head of Credit Risk Model Validation, at , but we will not process applications via email.

Please be aware that our final candidates undergo background checks, a process that includes for example identity control, verification of qualifications, credit checks, company engagements and criminal records checks. In some cases, we also apply random drug checks.

SEB Sweden has a redeployment responsibility, why this position might be covered by internal redeployment.

Learn more about working at SEB on our Career website or through our Career podcasts.