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Model Risk Framework and Reporting Lead

Would you like to play a central role in safeguarding the models that contribute to the core operations and progress of our bank? Are you ready to contribute to model risk management frameworks and reporting standards? Join us in an engaging role where your expertise will shape the future of our risk management strategies.

In the evolving landscape of banking, our Model Risk Management (MRM) team is crucial in ensuring the models driving our bank are robust and secure. As an essential part of this team, the Model Risk Framework and Reporting Lead enhances the precision, connectivity, and clarity of our model risk approach and reporting. This role involves fostering collaboration with a diverse range of stakeholders to uphold and elevate our risk management standards.

You will join a focused and effective team consisting of 2-3 dedicated professionals, working closely with frameworks and governance teams across the Group. Together, you will oversee projects that enhance our model risk management practices, contributing significantly to the department’s goals and ensuring seamless communication and efficiency in our operations.

Depending on your experience and knowledge, we may offer you a different seniority for the role.

"We’re open to people from all different walks of life and cultures to join our team."

You will:

  • Work with the head of Model Risk Management and senior bank management on strategic project to set standards and promote sound model risk practices
  • Manage daily operations of the Model Risk Frameworks and Reporting team, ensuring collaboration with other frameworks and governance teams
  • Maintain and update comprehensive model inventories and assess model risks, including managing our inventory system and processes
  • Lead the reporting and trigger monitoring/escalation processes, providing timely insights to Executive Leadership Teams (ELT) and business areas
  • Drive regulatory review and framework updates based on emerging regulations, educating relevant teams on changes

About you:

  • Experience in leadership or product owner role with a strategic mindset and strong ability to communicate clearly
  • At least five years of experience in risk management, particularly in model risk governance within a banking setting
  • Expertise in model risk management and a strong understanding of regulatory requirements and standards
  • The ability to implement improvement initiatives within the model risk frameworks and reporting scope
  • A quantitative background is beneficial, as is familiarity with banking processes and calculation methods
  • Advanced English language skills

We offer:

Monthly salary range from 4560 EUR to 6840 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: Work from home up to two days a week; 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

Canteen services and free fruits

24/7 gym services and group trainings

Health insurance

See all the benefits HERE.

"In this role, you will have the opportunity to lead important functions and enhance firm-wide model risk frameworks and strategies. You will engage with senior stakeholders throughout the organisation, while also accessing valuable opportunities for professional growth and development," says the Hiring Manager and Head of Model Risk Management.

If you're interested in this role and joining my team, feel free to contact me via LinkedIn, and I will answer your questions!

Joannes Paulus Buckens, Head of Model Risk Management

Apply via:

Send your CV

If you are interested, please send your CV in English no later than 03.04.2025. Confidentiality guaranteed.

Your title in job contract will be Specialist – Risk, Chief.