Credit Risk Model Expert and Senior Business Analyst
Area
Are you fascinated by working in the area of tension between credit risk, statistical models, and regulation? Connect with us at Danske Bank and join our committed team, which has an important role in ensuring that our credit risk models support decision-making across Danske Bank and adhere to requirements.
Join Credit and Risk Management
As a Senior Business Analyst at Danske Bank, you will be working as an integrated part of an international team. The job will offer you plenty of opportunities for growing, and if you think you fit in a working culture where we team up, take ownership, and are open, then you might be our new colleague.
Our team highly values collaborative efforts and empowerment. You’ll quickly gain essential industry knowledge and responsibilities with the support of a dedicated buddy during your initial months. We’re committed to shaping the next generation of credit risk models (PD, LGD, EAD, AVM, etc.), and your role will be key in this.
Your critical contribution will be a part of our Credit Analytic Transformation Programme, a dedicated initiative to redevelop our credit risk models, scale our data analytics capabilities, and strengthen our credit risk management.
This role offers you an opportunity to combine your writing, communication, and analytical skills, as you’ll be involved in setting standards for our credit risk model development, writing applications in collaboration with model developers, and enhancing our credit risk framework to ensure it is transparent, coherent, and meets demands.
Depending on your experience, you may be offered a different seniority of the role.
Mission
- Interpret and communicate regulatory requirements on credit risk models, including setting internal standards
- Spearhead the application process towards the FSA and ensure compliance with regulatory requirements and deadlines
- Continuously improve the framework and identify areas for enhancement
- Stay informed about internal rating-based (IRB) regulatory changes and industry trends, and proactively integrate this knowledge into our IRB strategy
- Conduct a wide range of internal and external communication related to credit risk models
Skills
- A minimum of 2–3 years of relevant experience
- Proven experience in combining business knowledge, regulation, and model development skills
- A higher education in quantitative sciences (i.e., economics, mathematics, physics, engineering, statistics, or similar)
- Experience with the credit risk parameters (PD, EaD, LGD, or AVM) and the related regulatory requirements is desirable
- Advanced English skills, both spoken and written
- Good collaboration and communication skills
- You are open to new approaches and eager to learn and develop new skills
We offer:
We will ensure that exact salary offered for you will be based on your qualifications, competencies, professional experience and requirements for the corresponding job function (salary range from 3440 EUR to 5160 EUR gross EUR/monthly).
Your title in job contract will be Analyst – Business, Senior.
