Join our small, dedicated team specialised in validation of models for financial crime prevention. If you are interested in modelling techniques, and you want to use your strong analytical skills to assess and improve complex models used for combatting financial crime then you may be our new colleague.
We are part of Model Risk Management in one of the largest financial institutions in Northern Europe. Here you will be joining a diverse community of highly skilled and experienced people with strong academic backgrounds. This is a group characterised by intellectual curiosity, knowledge sharing, and open discussions. Model Risk Management covers all models in Danske Bank Group, you will therefore have the unique opportunity to contribute to and gain broad insight into the many different business areas of a leading financial institution.
The team focuses on model risk management of financial crime prevention models e.g. customer risk rating and inflow classification for AML, transaction monitoring, sanctions screening, and fraud and market abuse detection using a variety of modelling techniques ranging from rule-based models to statistical models, text-matching algorithms and Machine Learning/AI models.
Work across the business
As part of the validation process of financial crime prevention models, you will research, analyse, and evaluate the conceptual soundness of the modelling technique, the applied mathematical methods considering the underlying theory or practice. You will also perform statistical/numerical test of model performance. You will assess the risk of applying the models in Dansk Banks financial crime prevention processes and draw the final conclusions.
Your team is responsible for presenting the conclusions, risk assessments, and recommendations to senior management in various risk committees and provide the basis for approval of use in the production of new and existing models.
You will work closely with model developers when mitigating the observations raised during your validation.
In our team you will have the unique opportunity to leverage and build further on your academic interest in modelling techniques or mathematical applications while supporting the effort of addressing financial crime and, having fun doing it.
If you can combine you strong analytical and communication skills with a cooperative working style, you are just the person we are looking for.
*Depending on your experience and knowledge, we may offer you different seniority levels of the role.
