Compliance Officer in Group Functions Compliance

In Group Functions Compliance we are overseeing, advising, and guiding Danske Bank’s Group Functions (i.e., all back-office, IT, service, administration, and support functions consisting of +10.000 employees) on their management of regulatory compliance and conduct risk.

We are eight members in our team who are located in both Lithuania (three members) and Denmark (five members). While you will be focusing on are overseeing, advising, and guiding Danske Bank’s Group Functions, you will also collaborate with colleagues across Group Compliance to ensure a sufficient level of compliance oversight, reporting, and alignment to Group standards.

We are looking for a Compliance Officer to work from our office in Vilnius, Lithuania.

You will provide second line of defence coverage of regulatory compliance and conduct risk within the bank’s Group Functions. In your role you will act primarily as one of the day-to-day compliance officers for the Technology & Service area, helping to support the banks digital agenda.  However as, Group Functions Advisory also covers other Group Functions (e.g., Finance, Risk, Legal, HR, and more), which you will also have the opportunity to work with and cover these areas too.

You will be exposed to various compliance oversight activities, such as compliance monitoring, policy reviews, risk assessments, control testing, compliance training and compliance investigations. Furthermore, you will be representing Group Compliance at various risk councils in the Technology & Service area, and thereby support the Head of Group Functions Compliance in the oversight of the Group Function. Subsequently, your role would not only be limited to advice and challenge the Technology & Service area, but also to act as a point of contact into the compliance function.

Are you a highly motivated regulatory compliance and conduct risk management and advisory specialist? Do you have an analytical mindset, a focus on getting things done and enjoy new challenges every day? And do you work well independently as well as working well as part of remote/virtual teams? If the answer to all these questions is yes, we would like to hear from you!

"Be yourself. We like it that way."

You will:

  • Proactively participate in identifying, assessing, mitigating, and reporting of compliance risks
  • Collaborate with and advice Group Functions and management on all compliance issues, including helping support digitalisation and coverage of Gen AI and AI build out
  • Maintain a thorough understanding of policies, processes, and procedures to ensure the impact of regulatory issues can be effectively assessed
  • Train employees in compliance disciplines with attention to the key risk areas
  • Identify, escalate and report any issues where non-compliance is not addressed
  • Monitor, test, and report on Group Function’s compliance with applicable legislation, regulation, internal rules, and standards
  • Align and collaborate with key stakeholders on the identification and management of compliance risks, for example local/country Compliance Officers, Data Protection Compliance, Regulatory Affairs, and Legal

About you:

  • Preferably have 2 or more years of experience in a Compliance, or similar area such as Governance, Risk Management and Controls, or in a comparable position within the financial services industry
  • Open-minded, eager to learn, and comfortable with working independently
  • Analytical and structured approach with a high attention to details
  • Comfortable approaching, communicating, and building relationships with stakeholders at all levels of seniority
  • Advanced Microsoft Excel and PowerPoint proficiency
  • Higher Education, preferably in Business, Economics, Law or alike
  • Advanced English language skills

We offer:

Monthly salary range from 2400 EUR to 3600 EUR gross (based on your competencies relevant for the job).

Additionally, each Danske Bank employee receives employee benefits package which includes:
    • Growth opportunities: professional & supportive team, e-learnings, numerous development programs; (incl. professional certificates); 100+ professions for internal mobility opportunities.
    • Health & Well-being: a diverse, inclusive, work & life balance work environment; additional health insurance; mental well-being practices; partial psychologist counselling compensation; silence and sleep zones at the office; game rooms.
    • Hybrid working conditions: home office budget (after the probation period); modern Danske Campus workplace developed with anthropologist for the best employee experience.
    • Additional days of leave: for rest, health, volunteering, exams in higher education institutions, and other important activities. Moreover, for seniority with Danske Bank.
    • Monetary compensation package: accidents & critical diseases insurance; financial support in case of unfortunate events, travel insurance; IIIrd Pillar Pension Fund contribution.

Additional days of vacation

Additional health insurance package

100+ partners' offers & discounts

Third pillar pension fund

See all the benefits HERE.

“We are a fairly new team looking for a regulatory compliance risk management and advisory specialist, who share our passion for identifying and advising on managing regulatory compliance risks… but also like to have fun (really!). We believe in the importance of a strong social bond in the team, as well as performing our jobs with the seriousness they entail.” – Siofra Whyte, Head of Group Functions Compliance

Feel free to contact me @LinkedIn if you have any questions

Siofra Whyte, Head of Group Functions Compliance Danske Bank

Apply via:

Send your CV

If you are interested, please send your CV in English no later than 26.05.2024. Confidentiality guaranteed.

Your title in job contract will be Officer - Compliance.