Junior Model Validation Specialist

Are you passionate about Credit Risk, Statistics and Data?

In Swedbank you have the opportunity to:

• Validate (e.g. gather and analyse data, perform quantitative tests) IRB and IFRS 9 credit risk models and create high quality validation reports;

• Perform various data and ad-hoc analysis;

• Collaborate with model developers, model implementors and other counterparties to ensure speedy review and validation of the models;

• Work in an international organisation together with experienced and supportive colleagues.

What is needed in this role:

• Higher degree (or in progress) in Economics, Finance, Mathematics, Statistics;

• Experience with modelling tools or programming e.g. SAS, SPSS Modeller, SQL, R, Python, LaTex;

• Experience in data analysis;

• Good communication skills and ability to write clear reports in English;

• Excellent analytical skills and result oriented mindset;

• A team player with ability to plan your work and perform without supervision.

With us, you can experience:

• Personal and professional growth through self-leadership and continuous development.

• Meaningful work that positively impacts our workplace, our customers, and society.

• An open and collaborative culture that encourages cross-functional teamwork and provides networking opportunities.

• A supportive and inclusive environment that promotes a balanced and sustainable work-life, with flexible working conditions when suitable for the role.

• Benefits such as our share based reward program Eken, company pension plan, employee offer for banking products, health insurance.

" Join our team and...

be a part of an international team of qualified professionals responsible for validating the credit risk models used by Swedbank. We assure that models are appropriate for the intended use and compliant with internal policies and external regulations. Our goal is to increase the bank’s understanding of a models’ limitations and weaknesses and contribute to the ongoing model improvement." Helena Peik, your future leader

We look forward to your application at 23.03.2026 the latest.

If you are to be employed in Estonia, please note that the salary offered for this position ranges from 1,300–2,000 € gross i.e. before taxes. Read more here!

For this position, we do not offer relocation for third-country nationals.

Swedbank does not discriminate anybody based on gender, age, sexual orientation or sexual identity, ethnicity, religion or disability – everybody is welcome.

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