About Company
Swedbank Latvija AS is a leading financial institution in the Baltic region, serving a broad base of private and corporate customers. We are more than just a bank; we are a partner in our customers’ financial journeys, committed to enabling sound and sustainable financial health for the many households and businesses. With a strong focus on innovation, digital solutions, and responsible banking practices, Swedbank plays a pivotal role in the economic development of Latvia. Our culture is built on openness, simplicity, and care, fostering a dynamic and supportive environment where employees can thrive and make a real impact.
Job Description
Are you a recent graduate or an early-career professional with a passion for numbers, strong analytical skills, and a keen interest in the financial sector? Swedbank Latvija is offering an exciting opportunity to join our dynamic Risk Management team as an Entry Level Risk Analyst. This role is perfect for someone eager to learn the fundamentals of risk identification, assessment, and mitigation within a complex banking environment. You will be instrumental in supporting senior analysts, collecting and processing crucial data, and contributing to the development of robust risk reports that inform strategic decisions. This position provides an unparalleled chance to grow your expertise in various risk areas, including credit, operational, and market risk, all while being mentored by experienced professionals in a leading financial institution. Join us and embark on a rewarding career path where your analytical insights will directly contribute to the stability and success of Swedbank.
Key Responsibilities
- Assist in the collection, validation, and processing of data required for risk models, reports, and analyses.
- Support senior Risk Analysts in the preparation of regular and ad-hoc risk reports and presentations for internal stakeholders.
- Conduct basic quantitative and qualitative analysis of various risk factors across different business units.
- Help maintain and update risk management databases, documentation, and risk policies.
- Participate in internal meetings and training sessions to deepen understanding of banking products, operations, and risk management principles.
- Monitor key risk indicators (KRIs) and alert senior team members to potential trends or issues.
- Contribute to continuous improvement initiatives within the Risk Management department, enhancing processes and methodologies.
Required Skills
- Strong analytical and problem-solving abilities with a meticulous attention to detail.
- Proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUP, complex formulas) for data manipulation and analysis.
- Excellent written and verbal communication skills in English and Latvian.
- A keen desire to learn and develop a career in financial risk management.
- Ability to work effectively both independently and collaboratively within a team.
- Proactive attitude and strong organizational skills with the ability to manage multiple tasks.
Preferred Qualifications
- Bachelor's degree in Finance, Economics, Statistics, Mathematics, Business Administration, or a related quantitative field.
- Prior internship, project, or academic experience demonstrating analytical capabilities in a financial context.
- Familiarity with financial products, banking operations, or regulatory requirements.
- Basic knowledge of data visualization tools (e.g., Power BI) or programming languages (e.g., Python, R) is a plus.
Perks & Benefits
- Competitive salary package with performance-based bonuses.
- Comprehensive health insurance and extensive wellness programs.
- Opportunities for professional growth through training, certifications, and mentorship.
- Modern and collaborative office environment in the heart of Riga.
- Employee discounts on banking products and services.
- Dynamic and inclusive company culture with regular team-building events and social activities.
- Career development opportunities within an international banking group.
How to Apply
Interested candidates are encouraged to apply by clicking on the application link below. Please submit your resume and a cover letter detailing your interest in the Entry Level Risk Analyst position and how your skills and aspirations align with Swedbank’s values.