Full Description

SEB is a leading northern European financial services group with a high focus on risk identification, measurement, monitoring, and governance. Banking is transforming at pace, our talented and rapidly expanding quant team is committed to innovation, excellence, and fostering a strong risk culture. Does that sound like a fit for you? What you will be doing

You will be a part of a professional team within SEB Group 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 support data retrieval, analysis, and interpretation from various sources, assist in evaluating model performance from both quantitative and qualitative perspectives, and contribute to the development of model validation frameworks and automation efforts. Working closely with experienced colleagues, you’ll have opportunities to suggest improvements to existing validation tools and gradually build your expertise in risk model validation. Work will be organized in small, project-driven sub-teams within a fast-paced and supportive environment that fosters creativity, autonomy, and professional growth. The team is located in Vilnius, but you will work in close interaction with the experienced professionals in SEB Group CRO organization across Nordic and Baltic countries. \n

As a Junior Quantitative Analyst, you will be responsible for

• Supporting model performance testing from both quantitative and qualitative perspectives, under the guidance of senior team members
• Assisting in the assessment of risk model design and methodology
• Helping interpret test results and contributing to the generation of insights
• Contributing to the preparation of interactive reports that consolidate analysis
• Participating in the presentation of validation results to stakeholders, with support from experienced colleagues
• Assisting in the development of methodologies and advanced tools to improve the model review process
• Supporting SEB Group CRO organization in risk measurement-related high-scale projects, as part of a collaborative team

Who we are looking for

• An academic background in statistics, mathematics, data science, econometrics, physics, engineering, or a related field
• Up to 3 years of work experience in data analysis or credit risk modelling/validation (internships or academic projects also considered)
• Knowledge of statistical/programming tools (R, Python) and data handling skills