Senior Risk Data Specialist

Join the Credit Risk Model Validation team in Danske Bank's Model Risk Management (MRM) department. MRM independently assesses model performance across areas such as credit risk models (LGD, PD, CF) and IFRS9, being essential to the bank's risk management. With 50 team members, MRM supports your personal and professional growth, allowing you to shape your workday, choose tools, and use innovative validation approaches. Collaborate with skilled colleagues in Copenhagen, Vilnius, and Warsaw, advising on model design, implementation, and performance.

Your responsibilities include coordinating projects, conducting quantitative analyses, and mentoring colleagues. You will present findings to senior management and the Danish FSA. As you gain experience, contribute to optimizing the validation process.

We are looking for a Senior Risk Data Specialist specialising in credit risk model validation. In this role, you will ensure data integrity, accuracy, and reliability, aligning with regulatory compliance and industry best practices. Influence risk assessment strategies and enhance our financial stability.

Depending on your experience and knowledge, a different seniority level may be offered.

You will:

• Develop and implement strong data analysis methods to spot discrepancies, anomalies, and trends affecting model performance
• Collaborate with model developers and risk managers to ensure models have a solid data foundation by understanding data collection processes
• Design and apply data quality controls and validation rules using advanced analysis tools
• Prepare detailed reports and documentation outlining data issues, analysis results, and remediation steps
• Work with IT and data governance teams to improve data quality and systems for model validation
• Provide expert guidance on how data findings impact model performance and risk predictions
• Stay updated on the latest data processing technologies and risk modelling techniques to continually improve data validation processes

About you:

• Bachelor’s degree in Data Science, Statistics, Economics, or a related quantitative field
• Over 3 years of experience in data analysis, preferably in credit risk environments, specifically IRB
• Expertise in managing large datasets and performing complex data validations
• Proficient in SQL, Python, R, or other data analysis software
• Good understanding of regulatory frameworks related to credit risk, such as the Basel Accords, IRB, and EBA guidelines
• Strong analytical and problem-solving skills, coupled with organisational and project management capabilities
• Independent, proactive, and motivated to enhance data-driven decision-making
• Upper-intermediate English skills

"Be yourself. We like it that way."

We offer:

Monthly salary range from 3120 EUR to 4680 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.

See all the benefits HERE.

“We know through experience that different ideas, perspectives and backgrounds create a stronger and more creative work environment that delivers better results.”

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

Please contact if you have any questions.
Alex Oleinikov
aole@danskebank.dk

Danske Bank is a Nordic bank with bridges to the world around us. For 150 years, we have supported people and businesses in releasing their potential. A career with us is an opportunity to join a community of 22,000 colleagues in a culture where we are committed to Teaming Up, Owning It and Being Open. Together, we are on a journey to transform Danske Bank into a better bank. For our customers, our employees and the societies around us.