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Senior Risk Analyst for Model Risk Management

Do you have the motivation and skills to play an important role in the Credit Risk Model Validation team, a part of the Model Risk Management department (MRM) in Danske Bank? And would you like to get a solid overview of risk management?

Model Risk Management plays an integrated and central part in Danske Banks’ risk management by providing an independent view of how new and existing models are performing.

Currently, the 16 people in Credit Risk Model Validation are responsible for credit risk models (LGD, PD, CF), IFRS9 and all credit decision models, but MRM covers all model areas in Danske Bank. MRM provides a lot of opportunities for both personal and professional development.

As a member of Credit Risk Model Validation team, you will work in collaboration with a diverse and highly skilled group of colleagues across various functions in MRM and key stakeholders (model developers and model owners), advising on model design, implementation, and performance.

"We embrace diversity and equality in a serious way. We are committed to building a team with a variety of backgrounds, skills and views."

You will:

  • Coordinate projects, where you will also play a focused participant in getting the work done
  • Organize and run a comprehensive analysis of the specific models and data applied using applicable quantitative methods and tools
  • Assist less experienced colleagues on assignments/projects
  • Based on the data analysis, interpret the results, and write your conclusions
  • Report and present your findings together with colleagues to relevant stakeholders, including senior management, business units and the Danish FSA (the regulatory supervisor of Danske Bank Group)

About you:

  • University degree in a quantitative field (e.g. mathematics, physics, economics, engineering, statistics)
  • Minimum 2-3 years of programming experience with analytical tools such as Python or SQL
  • Previous experience with validation or development of any models is an advantage
  • Team player with drive and commitment to deliver high quality on time
  • Desire to assist, motivate and guide less experienced colleagues.
  • Advanced English skills, both spoken and written – and solid communication skills

We offer:

Monthly salary range from 3040 EUR to 4560 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; health insurance from the first day of employment; 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

Health insurance from the first day of employment

Third pillar pension fund

Free parking & charging ports - cars, bicycles, e-scooters

See all the benefits HERE.

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

Morten Gadegaard Jørgensen, Head of Credit Risk Model Validation at Danske Bank

Apply via:

Send your CV

If you are interested, please send your CV in English no later than 08.03.2024. Confidentiality guaranteed.

Your title in job contract will be Specialist - Risk, Senior.