Swedbank AB · Sundbyberg
Internal Auditor – Financial risks and models
DO YOU HAVE EXPERIENCE WORKING WITH FINANCIAL RISKS OR FINANCIAL MODELS? WE ARE LOOKING FOR AN INTERNAL AUDITOR WHO WANTS TO COMBINE DEEP QUANTITATIVE EXPERTI...
DO YOU HAVE EXPERIENCE WORKING WITH FINANCIAL RISKS OR FINANCIAL MODELS?
WE ARE LOOKING FOR AN INTERNAL AUDITOR WHO WANTS TO COMBINE DEEP QUANTITATIVE EXPERTISE WITH STRATEGIC ADVISORY – PROVIDING
INDEPENDENT ASSURANCE OVER SOME OF THE MOST CRITICAL RISK AREAS IN A MAJOR NORDIC BANK
IN SWEDBANK YOU HAVE THE OPPORTUNITY TO:
- Conduct risk-based audits across capital adequacy, liquidity risk, funding, financial reporting, valuation of financial
instruments, and related financial models – including IRB models, market risk models, and IFRS 9 credit provisioning models.
Evaluate governance, risk management, and internal controls within key areas such as CFO Office and Group Risk functions.
- Challenge and assess quantitative methodologies, model assumptions, valuation approaches, and risk measurement frameworks.
Where applicable, reperform calculations and evaluate validation techniques.
- Assess compliance with regulatory requirements and internal policies across capital, liquidity, and financial reporting
frameworks.
- Identify potential risks, control weaknesses, and their root causes. Provide actionable recommendations to strengthen the
control environment.
Prepare detailed audit reports documenting findings and recommendations.
- Collaborate with model stakeholders across various departments to ensure thorough understanding and transparent communication
regarding audit findings.
- Stay updated on industry best practices, regulatory developments, and emerging trends in capital adequacy, liquidity risk,
financial reporting, and risk modeling.
- Actively contribute to the annual and continuous risk assessment process, audit planning, and quarterly reporting to senior
management and the Board.
- Leverage insights from audit engagements to assist senior management in identifying sustainable improvements that support the
Bank's strategic transformation.
- Collaborate with team members across disciplines to continuously develop audit methodologies, share knowledge, and strengthen
the team's collective expertise.
WHAT IS NEEDED IN THIS ROLE:
Degree in Finance, Accounting, Economics, Econometrics, or a related field.
- Relevant professional experience within one or more of the following areas: capital adequacy, liquidity risk, financial
reporting, valuation of financial instruments, risk modelling (e.g., IRB, market risk, IFRS 9), or internal/external audit of
financial institutions. Experience from BIG 4 audit firms is a plus.
- Strong analytical mindset with attention to detail, independence in judgment, and an understanding of quantitative methods;
experience with statistical analysis or model evaluation is an advantage.
- Strong written and verbal communication skills; ability to prepare structured reports and present complex information clearly
to non-expert stakeholders.
- Team player with a service-minded approach and ability to collaborate effectively across departments and with stakeholders of
varying technical backgrounds.
- Hands-on experience with model validation, risk management, or financial reporting processes within a bank or financial
institution is a plus.
- Familiarity with relevant regulatory frameworks (e.g., CRR/CRD, ICAAP, ILAAP, FRTB, IFRS 9, IFRS 13, EBA guidelines) and
governance principles. In-depth knowledge is a plus.
- Experience with or interest in risk assessment processes, audit planning, and strategic improvement initiatives within a
financial institution is a plus.
Experience with relevant analytical tools or programming languages (e.g., Python, R, SAS, SQL) is an advantage.
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 part of the Capital, Liquidity, Funding & Reporting audit team within Group Internal Audit. Our team is responsible for
providing independent assurance over some of the bank's most critical financial risk areas, with our principal auditees being CFO
Office and Group Risk. Our scope covers capital adequacy, liquidity and funding risk, financial reporting, and all related models
– including IRB models, market risk models, and IFRS 9 models. We are looking for someone with expertise in one or more of these
areas who is eager to grow and broaden their competence.
We will provide you with a unique opportunity to develop your skills as an internal auditor, being part of a team of highly
skilled professionals with the ambition to deliver high-quality audit assurance to management and the Board. We recognise that the
breadth of our mandate is wide, and we do not expect you to be an expert in every area – what matters is a strong foundation and a
willingness to learn.
Our area of responsibility includes all operations within the Bank, where we use a risk‑based approach to audit governance, risk
management and internal controls.
Group Internal Audit has a well‑defined methodology, strong processes—including quality control—and an extensive continuous
training program to help you become an effective and efficient auditor.
We add value to the organisation in the fulfilment of strategy and goals, but also by strengthening internal control and
organisational governance." -Gustav Jolstedt, your future leader
WE LOOK FORWARD TO RECEIVING YOUR APPLICATION BY 21.08.2026.
Location: Stockholm, Sundbyberg
Recruiting manager: Gustav Jolstedt, +46 (0)702 223 726
We want to inform you that the selection process may begin after the summer holidays.
We would like to let you know that a background check and a drug test may be a part of the process for this role.
We have done our medium for recruitment and therefore decline contact with advertising sellers or sellers of other recruitment
services.
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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Role
Internal Auditor – Financial risks and models
Category
Juridik
Location
Published
July 13
Deadline
September 4
Source