Chief Risk Officer

SEB; Oslo; Hybrid; NOK 900,000 - 1,200,000; Full time

Job summary

SEB in Oslo is seeking an experienced Risk Officer to join the Risk Oversight team. You will monitor and report risks, support businesses in understanding and owning their risks, and help ensure risk management aligns with external and internal standards.

The role offers exposure to market, credit, liquidity and non-financial risks, with opportunities for travel to collaborate across the global CRO function. Based in Oslo under a local Norwegian contract.

Qualifications

• Bachelor’s or Master’s degree in Economics, Finance, Mathematics, Engineering or another relevant field.
• Relevant professional experience from the financial sector, preferably banking, trading, treasury, risk management or an independent control function.
• Good understanding of market risk and practical experience of analysing, monitoring or managing market risk exposures.
• Knowledge of market risk measurement, limits, risk drivers and relevant products is highly valued.
• Interest in broadening your expertise across credit, liquidity and non-financial risks.
• Potential and motivation to take on increasing responsibility and develop into a more senior role over time.
• Proactive and forward-looking, with an interest in adopting new technology and analytical tools.
• Structured and delivery-focused, with high integrity and strong ethical standards.
• Persistent, curious and willing to challenge constructively.
• Collaborative, as close cooperation with colleagues locally and globally is essential for success in the role.
• Strong communication skills in English; proficiency in a Scandinavian language would be an advantage.

Responsibilities

• Understand the local business profile, both by knowing the business drivers and inherent risks in the business model
• Understand the SEB Risk Frameworks around credit, market, liquidity and non-financial risks.
• Understand local regulatory requirements on risk control as well as the impact of regulations and changes thereof.
• Support the business in understanding their risks and facilitate the identification of new and emerging risks.
• Support in the preparation of risk reports for local management.
• Control and monitor risk limits/tolerances.
• Escalation of potential breaches in accordance with SEB Risk Instructions and follow-up of agreed risk reduction measures in the event of limit violations.
• Assist in ensuring that all business units have sufficient knowledge of the SEB Risk management framework, processes, tools and reports that is relevant to their business.

Skills

Market risk understanding

Risk reporting

Analytical tools

English communication

Education

Bachelor's or Master's degree in Economics/Finance/Math/Engineering

Job description

Risk Officer to Risk Oversight in Norway | SEB, Oslo

Are you an experienced risk professional with a strong understanding of market risk and an interest in broadening your expertise across products, business areas and risk types?

The CRO function is looking for a Risk Officer to join the Risk Oversight team in Oslo. We are seeking someone with experience from the financial sector and a solid background in risk management, particularly market risk. In this role, you will monitor and report identified risks, support the business in understanding and taking ownership of its risks, and help ensure that risks are managed in accordance with external and internal requirements and international best practices.

You will report to the Head of Risk Oversight in Norway and work across the risk types relevant to the Oslo Branch. The position offers significant scope for professional development and, for the right candidate, the opportunity to grow into a more senior role within the organisation. The role is based in Oslo and offered under a local Norwegian employment contract.

Since SEB was founded in 1856, our focus on customers and long-term relationships has been at the heart of our success. We aim to drive positive change by providing capital to help everyone reach their goals and accelerate progress towards a sustainable tomorrow. As a leading financial services group in northern Europe, we'll help you grow and empower you to take on more responsibility to create a real difference. Welcome to SEB.

The Oslo Branch of SEB offers a vibrant working environment with collaborative colleagues and a growing business. We make great efforts to ensure our office is inclusive and offers roles with opportunities and the potential to learn and grow.

About the role:

The CRO function is an independent control function reporting to the Chief Risk Officer of SEB Group. Risk Oversight Norway is a team of three with responsibility for independently identifying, assessing, measuring, monitoring and reporting risks within the SEB Oslo Branch. Market risk expertise will be an important part of the role, while you will also gain exposure to credit, liquidity and non-financial risks.

Your main responsibilities will be to:

• Understand the local business profile, both by knowing the business drivers and inherent risks in the business model
• Understand the SEB Risk Frameworks around credit, market, liquidity and non-financial risks.
• Understand local regulatory requirements on risk control as well as the impact of regulations and changes thereof.
• Support the business in understanding their risks and facilitate the identification of new and emerging risks.
• Support in the preparation of risk reports for local management.
• Control and monitor risk limits/tolerances.
• Escalation of potential breaches in accordance with SEB Risk Instructions and follow-up of agreed risk reduction measures in the event of limit violations.
• Assist in ensuring that all business units have sufficient knowledge of the SEB Risk management framework, processes, tools and reports that is relevant to their business.

A great part of this role is the opportunity to work with the global risk organization and with other branches, this may require travel.

To thrive in this role, we believe you are:

• Bachelor’s or Master’s degree in Economics, Finance, Mathematics, Engineering or another relevant field.
• Relevant professional experience from the financial sector, preferably in banking, trading, treasury, risk management or an independent control function.
• Good understanding of market risk and practical experience of analysing, monitoring or managing market risk exposures.
• Knowledge of market risk measurement, limits, risk drivers and relevant products is highly valued.
• Interest in broadening your expertise across credit, liquidity and non-financial risks.
• Potential and motivation to take on increasing responsibility and develop into a more senior role over time.
• Proactive and forward-looking, with an interest in adopting new technology and analytical tools.
• Structured and delivery-focused, with high integrity and strong ethical standards.
• Persistent, curious and willing to challenge constructively.
• Collaborative, as close cooperation with colleagues locally and globally is essential for success in the role.
• Strong communication skills in English; proficiency in a Scandinavian language would be an advantage.

What we offer:

In this role, you will work independently while receiving support from experienced colleagues and your direct manager. You will collaborate closely with specialists across the CRO function and gain exposure to a broad range of products, business areas and risk types. We offer a supportive environment for learning, professional development and career progression, including the potential to grow into a more senior position over time. The role is based in Oslo and is offered under a local Norwegian employment contract.

Do you want to be 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. 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.

If you have questions about the position, please contact Anders Frennstedt at [e-mail] or [phone].

Learn more about working at SEB here: www.sebgroup.com/career