Junior Quantitative Analyst in Credit Risk Model Validation | SEB, Vilnius
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.
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 Eagerness to learn, take initiative, and deliver high-quality work Analytical mindset with a willingness to grow into strategic thinking A collaborative team player, open to feedback and growth Good communication and writing skills (English is the main working language)
What we offer:
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. Additional monetary benefits: paid seniority vacation and volunteering days, allocations to Your pension fund, profit sharing programme, and additional health insurance.
2.600 € - 3.900 € a month
The above indicated range is the monthly salary range for this position before tax deduction. The final offer will depend on the experience and competencies of the selected candidate. Overall remuneration package consists of the salary together with other benefits.
Do you want to be a part of SEB?
Welcome to our inclusive culture, where our shared values inspire and uplift our team. We celebrate diversity and strive to ensure every employee feels seen, heard, and valued.
We are looking forward to your application by October 23, 2025.
Since we select candidates continuously, feel free to send in your application before the deadline.
Learn more about working at SEB here: https://www.seb.lt/en/gs
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.
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