The Model Risk Management Department at Danske Bank Group invites applicants for the role of Senior Analyst in the Trading Models Validation Team covering Derivative Pricing, XVA, and Market Risk Models.
The Model Risk Management department, to which your team belongs, covers all models in Danske Bank Group. As part of the team, you will have the unique opportunity to gain a broad insight into many different business areas in a leading financial institution and discuss with your colleagues the use of models in these business areas and the associated risks.
The Trading Models Validation team is responsible for independent validation, including researching, analysing, testing, and evaluating the underlying theory, mathematical methods, and numerical implementation. Your team, among other things, covers models applied for the valuation of OTC derivatives and the calculation of risk sensitivities for fair value positions, XVA, Initial margin, and Internal models for Market and Counterparty Credit Risk. Your team is currently based in Copenhagen and is expanding to Vilnius and Helsinki.
This is a role with a lot of engagement with key parts of the trading floor, the market risk area, and other areas of the Bank where financial products are traded. It will give excellent insights into how our Bank’s trading and market operations work and a chance to significantly boost the skills and understanding of the organisation.
Depending on your experience and knowledge, we may offer you different seniority of the role.