About the job

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?

About the role:

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.

As a Risk Officer, you will act as a regulatory expert within SEB’s model validation function, ensuring our practices meet and anticipate evolving supervisory expectations. You will play a strategic role in bridging regulatory requirements with internal methodologies, supporting validation teams, and preparing the organization for successful regulatory interactions. Your insights will directly contribute to maintaining the integrity of SEB’s risk management framework and strengthening our regulatory resilience.

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 Risk Officer, you will be responsible for:

Mapping internal validation methodologies and instructions to regulatory requirements (e.g. CRR, EBA Guidelines, EGIM), and implementing necessary enhancements
Identifying gaps between internal practices and regulatory expectations, and proposing actionable improvements to strengthen compliance and governance
Driving regulatory awareness across the validation function by organizing targeted knowledge-sharing sessions, developing training materials, and providing ongoing guidance to ensure teams understand and apply regulatory requirements effectively
Acting as a trusted advisor to validation execution teams, helping interpret regulatory requirements and align validation recommendations with supervisory expectations
Preparing high-quality documentation and materials for regulatory interactions, audits, and supervisory reviews, ensuring clarity and consistency
Monitoring regulatory developments and translating them into practical implications for model validation practices and governance
Collaborating with validation execution teams and stakeholders to promote consistency, transparency, and compliance across the validation lifecycle

To thrive in this role, we believe you have:

At least 3 years of experience in the financial sector, with strong exposure to credit risk models and regulatory frameworks
A deep understanding of regulatory requirements for credit risk models (e.g. CRR, EBA Guidelines, EGIM, Basel standards), and experience supporting audits or supervisory reviews
Experience in regulatory compliance, model validation, model development, risk oversight, or similar roles
Strong analytical and conceptual skills, with the ability to interpret complex regulatory texts and translate them into practical guidance
A university degree in a relevant field such as finance, economics, risk management, law (with a focus on financial regulation), or a related discipline
Excellent communication skills in English, with the ability to engage effectively with stakeholders across functions and levels of seniority
A proactive and structured approach, with attention to detail and a commitment to quality and consistency
The ability to work independently and collaboratively in a cross-functional team environment
The ability to work on-site in Vilnius at least 60% of the time to support collaboration and team engagement

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.

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 November 12th, 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/career

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.