About Company
Swedbank is a leading bank in the Nordics and Baltics, serving over 7 million private customers and 600,000 corporate customers. In Latvia, Swedbank is one of the largest and most respected financial institutions, deeply committed to fostering a sound and sustainable financial environment for individuals, businesses, and society. Our mission is to enable people and businesses to grow, providing a comprehensive range of banking services, from retail and corporate banking to asset management and insurance. We pride ourselves on our strong customer focus, innovative solutions, and a culture that values collaboration, integrity, and continuous learning. Joining Swedbank means becoming part of a dynamic team dedicated to shaping the future of finance in Latvia and beyond, contributing to a stable and prosperous economy.
Advertisement
Job Description
We are seeking a highly motivated and analytical Financial Analyst with strong modeling skills to join our dynamic finance team in Riga, Latvia. This pivotal role will be instrumental in supporting strategic decision-making across various business units by providing in-depth financial analysis, forecasting, and robust financial models. The ideal candidate will possess a keen eye for detail, a solid understanding of financial principles, and proven expertise in building and maintaining complex financial models for various scenarios, including investment appraisal, budgeting, and performance evaluation. You will be responsible for translating complex financial data into actionable insights, presenting findings to stakeholders, and contributing to the continuous improvement of our financial planning processes. This position offers an exciting opportunity to work with diverse datasets, collaborate with experienced professionals, and significantly impact our financial strategy and operational efficiency within a leading financial institution. We are looking for an individual who is proactive, intellectually curious, and committed to driving financial excellence. The role demands a blend of analytical rigor, business acumen, and strong communication skills to articulate financial insights effectively to both financial and non-financial audiences, influencing key business decisions and supporting the bank’s sustainable growth objectives.
Key Responsibilities
- Develop, maintain, and enhance complex financial models for forecasting, budgeting, valuation, and scenario analysis to support strategic initiatives.
- Conduct in-depth financial analysis of business performance, market trends, economic indicators, and competitor activities.
- Prepare detailed financial reports, presentations, and dashboards for senior management and stakeholders, explaining key drivers and variances.
- Collaborate with various departments to gather data, understand business drivers, and translate operational insights into accurate financial projections.
- Identify and analyze key financial risks and opportunities, providing actionable recommendations for mitigation and growth strategies.
- Support strategic planning initiatives through comprehensive financial modeling and analytical support, including long-term planning.
- Assist in the annual budgeting and long-term financial planning processes, ensuring alignment with organizational goals.
- Continuously seek to improve financial processes, methodologies, and reporting tools to enhance efficiency and accuracy.
Required Skills
- Proven experience (3+ years) in financial analysis and robust financial modeling.
- Advanced proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUP, financial functions, advanced charting; VBA is a strong plus).
- Solid understanding of accounting principles, corporate finance, and comprehensive financial statement analysis.
- Exceptional analytical, problem-solving, and critical thinking skills with meticulous attention to detail.
- Excellent written and verbal communication and presentation abilities, capable of simplifying complex financial concepts for non-financial audiences.
- Ability to work independently and collaboratively in a fast-paced, dynamic financial services environment.
- Strong organizational skills with the ability to manage multiple priorities and meet tight deadlines.
Preferred Qualifications
- CFA (Chartered Financial Analyst) or ACCA (Association of Chartered Certified Accountants) designation, or active progress towards one.
- Master's degree in Finance, Economics, Business Administration, or a related quantitative field.
- Experience with financial planning software (e.g., SAP BPC, Anaplan, Oracle Hyperion, or similar ERP systems).
- Demonstrable knowledge of the banking or broader financial services industry.
- Proficiency in data visualization tools (e.g., Power BI, Tableau) for enhanced reporting.
Perks & Benefits
- Competitive salary and performance-based bonuses tied to individual and company success.
- Comprehensive health insurance package, including dental and vision benefits.
- Generous opportunities for professional development and continuous learning (e.g., training programs, industry certifications, internal academies).
- Flexible working arrangements, including a hybrid work model to support work-life balance.
- Employee discounts on a wide range of banking products and services.
- Modern, ergonomic, and collaborative office environment located in the heart of Riga.
- Supportive team culture, mentorship opportunities, and clear paths for career advancement within a large international financial group.
- Wellness programs and initiatives to promote employee health and well-being.
How to Apply
Interested candidates are invited to submit their application, including a detailed CV and a comprehensive cover letter, by clicking on the application link below. Please highlight your specific experience with financial modeling, your analytical achievements, and your suitability for this pivotal role at Swedbank. We look forward to reviewing your application and exploring how your skills and expertise can contribute to Swedbank’s continued success and innovation in the financial sector.
Advertisement
