Senior Credit Risk Business Analyst

Swedbank; Umeå kommun; On-site; SEK 550,000 - 750,000; Full time

Benefits offered by this job

Banking offers

Pension plan

Share-based reward program

Health insurance in Baltics

Health allowance in Sweden

Job summary

Swedbank in Umeå seeks a senior Business Analyst with a passion for credit risk. You will analyze, document, and manage business requirements and translate needs into functional and technical specifications while coordinating with risk, business, and IT teams.

You will perform data analysis with SQL and SAS to support testing and investigations, plan QA/UAT activities, maintain governance artefacts, assess impact of changes on risk models, and contribute to process and data quality improvements.

Qualifications

• Bachelor's or Master's degree in a relevant field.
• A few years of experience as a Business Analyst in the credit risk domain.
• Knowledge of the Basel framework and the Internal ratings-based (IRB) approach.
• Strong business analysis skills, including requirements elicitation, documentation, and stakeholder management.
• Proven ability to plan, execute, and support tests.
• Strong business support and incident analysis capabilities.
• Advanced SQL skills, including the ability to write, optimize, and troubleshoot queries for data analysis, validation, and root cause investigations.
• Experience working with data models, data quality assurance, and data-driven decision-making in the credit risk/IRB area.
• Strong communication skills and the ability to translate business needs into technical requirements.
• Ability to work independently in a complex, cross-functional environment.
• Team-oriented mindset with a willingness to share knowledge and collaborate across functions.
• Proficient in Swedish and English.
• Experienced in SAS 9 and/or SAS Viya platforms.

Responsibilities

• Analyze, document, and manage business requirements throughout the development lifecycle.
• Support APOs in breaking down Program Epics into Features and User Stories.
• Translate business needs into functional and technical specifications.
• Perform data analysis and validation using SQL and SAS to support requirements, testing, and incident investigations.
• Plan, coordinate, and execute testing activities, including quality assurance and user acceptance testing (UAT).
• Ensure that documentation of credit risk models, processes, and system solutions is accurate, complete, and up to date.
• Develop, maintain, and support the operation of credit risk models in accordance with business and regulatory requirements.
• Create and maintain process descriptions, functional documentation, and other governance-related artefacts.
• Assess the impact of new or changed system functionality on credit risk processes, models, and reporting.
• Act as a bridge between business stakeholders, risk specialists, and IT teams to ensure successful delivery of initiatives.
• Contribute to continuous improvements of processes, systems, data quality, and ways of working.

Skills

Business analysis

Stakeholder management

SQL

SAS

Communication skills

Independent work

Cross-functional teamwork

Swedish language

English language

Data quality awareness

Incident analysis

Education

Bachelor's degree or Master’s in a relevant field

Tools

SAS

SAS Viya

Data modeling tools

Job description

Are you a senior Business Analyst with passion for Credit Risk?

In Swedbank you have the opportunity to:

• Analyze, document, and manage business requirements throughout the development lifecycle
• Support APOs in breaking down Program Epics into Features and User Stories.
• Translate business needs into functional and technical specifications.
• Perform data analysis and validation using SQL and SAS to support requirements, testing, and incident investigations.
• Plan, coordinate, and execute testing activities, including quality assurance and user acceptance testing (UAT).
• Ensure that documentation of credit risk models, processes, and system solutions is accurate, complete, and up to date.
• Develop, maintain, and support the operation of credit risk models in accordance with business and regulatory requirements.
• Create and maintain process descriptions, functional documentation, and other governance-related artefacts.
• Assess the impact of new or changed system functionality on credit risk processes, models, and reporting.
• Act as a bridge between business stakeholders, risk specialists, and IT teams to ensure successful delivery of initiatives.
• Contribute to continuous improvements of processes, systems, data quality, and ways of working.

What is needed in this role:

• Bachelor's or Master's degree in a relevant field.
• A few years of experience as a Business Analyst, or similar role, in the credit risk domain.
• Knowledge of the Basel framework and the Internal ratings-based (IRB) approach.
• Strong business analysis skills, including requirements elicitation, documentation, and stakeholder management.
• Proven ability to plan, execute, and support tests.
• Strong business support and incident analysis capabilities.
• Advanced SQL skills, including the ability to write, optimize, and troubleshoot queries for data analysis, validation, and root cause investigations.
• Experience working with data models, data quality assurance, and data-driven decision-making in the credit risk/IRB area.
• Strong communication skills and the ability to translate business needs into technical requirements.
• Ability to work independently in a complex, cross-functional environment.
• Team-oriented mindset with a willingness to share knowledge and collaborate across functions.
• Proficient in Swedish and English.
• Experienced in SAS® 9 and/or SAS® Viya platforms.

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.
• 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.

We look forward to receiving your application by 18.10.2026.

Location: Umeå

Recruiting manager: Frida Nilsson, [phone]

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.

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