Darius Grinvaldas

Head of Risk Analytics at SEB

Speaker

Darius Grinvaldas holds both a BSc and an MSc in Financial and Actuarial Mathematics from Vilnius University, providing a strong quantitative foundation for a career spanning more than 15 years in risk management and modelling across major Nordic-Baltic banking groups.

Darius spent more than a decade at Danske Bank Group, developing extensive expertise in credit risk management, IRB parameter estimation, and regulatory-driven IRB modelling. In 2017, Darius was appointed Site Leader for Group Risk Management in Vilnius, with responsibility for approximately 120 risk professionals across more than 20 teams. From 2018, Darius led modelling experts and, from 2019, modelling leaders, overseeing Group-wide IRB development initiatives and major regulatory projects. In the final role at Danske Bank, Darius served as Deputy Head of the IRB Modelling area.

In 2020, Darius joined Luminor Group as Head of Model Risk & Validation, with responsibility for establishing a state-of-the-art Model Risk Management and Validation function and ensuring robust governance of model risk across the Group. In 2023, Darius took responsibility for the Risk Analytics department, with a mandate to enhance, and rebuild Luminor’s risk model landscape.

In 2025, Darius joined SEB Group as Head of Baltic Credit Risk Models, where Darius currently oversees Baltic IRB modelling activities and leads the strategic development of credit risk modelling capabilities across the region.