Compliance Model Validator | Swedbank

Are you passionate about financial crime risk models?

In Swedbank you have the opportunity to:

• Perform independent model validations of models primarily used in the financial crime risk area, including both rule-based and machine learning models.
• Assess model risk from the aspects of model objective, design and construction, assumptions and limitations, data, implementation, model governance, and ongoing performance monitoring.
• Deliver high quality and value adding model validation reports which support effective and efficient model development and enhancements of the model risk management in the 1LoD.
• Proactively challenge the 1LoD in its activities to develop, maintain and monitor its models in a constructive and evidence-based manner, focusing on whether these models adequately mitigate the compliance risks in scope.
• Be part of our compliance continuous maturity journey and take an active role in supporting the bank in strengthening the tools and models to combat financial crime.

• A degree in a quantitative field e.g. computer science, data science, data engineering, statistics, mathematics, or economics.
• Experience in data assembling and analysis of large datasets.
• Experience in SQL, querying and manipulating large databases.
• Experience in rule-based and machine learning models (both supervised and unsupervised learning), including relevant programming skills in Python.
• Experience from working with Linear Regression, Logistic Regression, Decision trees, Random Forest, and Isolation Forest.
• Experience from working in Microsoft Azure.
• Familiarity with the retail banking industry, products and services offered, its compliance and operational risks, and preferably model risk management for AML/CTF/FS models.
• Strong stakeholder management skills, including the ability to explain complex technical concepts in simple terms to a non-technical audience, and to clearly articulate and defend validation findings, methodologies in discussions with stakeholders and senior management.
• Excellent collaboration skills, enabling effective teamwork and good team spirit.
• Strong self-leadership, including the ability to drive and complete tasks independently and deliver to tight timelines.
• Proactive, engaged, and motivated to continuously learn and deepen your expertise in model risk management and model validation.
• Excellent communication skills in both oral and written English.
• Ready to enjoy working in an international environment with colleagues based in multiple locations.

• 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.
• Enjoy country-specific benefits, including banking offers, a pension plan, our share-based reward program, health insurance in the Baltics and a health allowance in Sweden.