Current jobs related to Chief Quantitative Analyst for Model Risk Management - Copenhagen, Copenhagen - Danske Bank


  • Copenhagen, Copenhagen, Denmark beBee Careers Full time

    We are seeking a skilled Quantitative Analyst to join our team in risk model validation.The role involves playing an integral part in the bank's risk management by providing an independent view of how new and existing models perform.You will work closely with stakeholders on model design, implementation, and performance, ensuring that credit risk models meet...


  • Copenhagen, Copenhagen, Denmark beBee Careers Full time

    About this opportunityWe are seeking a highly skilled Senior Quantitative Risk Analyst to join our Counterparty Credit Risk Models team.Key Responsibilities:Develop innovative methods to measure counterparty credit riskAnalyse and visualize the performance of existing and new modelsCollaborate with other teams in the value chainRequirements:M.Sc. or Ph.D. in...


  • Copenhagen, Copenhagen, Denmark Charles Levick Limited Full time

    Charles Levick have partnered with a market leader within the Energy Trading space. We have been commissioned to find a highly motivated Quantitative Risk Analyst as they continue to expand their ever-growing team.Your role & responsibilitiesYou will oversee and deliver independent validation of complex valuation models.Collaborate with cross-functional...


  • Copenhagen, Copenhagen, Denmark beBee Careers Full time

    We are seeking a talented Quantitative Risk Analyst to develop LGD models. This role offers a unique blend of responsibilities, including model development, data analysis, and stakeholder communication.About the RoleThis position is part of a critical program aimed at enhancing Nordea's internal models for credit risk. As a Quantitative Risk Analyst, your...


  • Copenhagen, Copenhagen, Denmark beBee Careers Full time

    Role OverviewThe role of Quantitative Risk Modeller involves developing advanced statistical models for credit risk, with a focus on Loss Given Default (LGD) models. The successful candidate will be responsible for designing internal software libraries, working with big data, and analysing economic behaviour. This is an exciting opportunity to work on a...


  • Copenhagen, Copenhagen, Denmark beBee Careers Full time

    Salary: Competitive salary and benefits packageJob Description:We are seeking a highly skilled Senior Quantitative Risk Analyst to join our team. As a key member of our Counterparty Credit Risk Models team, you will be responsible for developing and maintaining internal models that measure and predict the credit risk of derivative transactions. Your primary...


  • Copenhagen, Copenhagen, Denmark beBee Careers Full time

    Do you want to play a key role in one of the largest model development programs in the Nordics? We are now looking for a highly skilled Quantitative Risk Analyst to develop LGD models. The job offers an exciting mix of challenges, including developing advanced statistical models, designing internal software libraries, working with big data, analysing...


  • Copenhagen, Copenhagen, Denmark beBee Careers Full time

    Important Role in Credit Risk Model ValidationDanske Bank's risk management functions rely on independent model validation to ensure the accuracy and reliability of credit risk models. The Credit Risk Model Validation team plays a central part in this process.The role involves working with various stakeholders, including senior management, business units,...


  • Copenhagen, Copenhagen, Denmark beBee Careers Full time

    Unlocking Credit Risk and Regulatory InsightsWe are seeking a highly skilled Senior Business Risk Specialist to join our team, where you will play a crucial role in analyzing credit risk models while maintaining a strong focus on regulatory requirements, governance framework, and credit model risk.The ideal candidate will have prior experience working within...


  • Copenhagen, Copenhagen, Denmark beBee Careers Full time

    Job DescriptionWe are seeking an Advanced Statistical Analyst to join our Credit Risk Models Team. As a Quantitative Risk Modeller, you will be responsible for developing advanced statistical models for credit risk, with a focus on Loss Given Default (LGD) models. You will work closely with colleagues across the bank to design internal software libraries,...

Chief Quantitative Analyst for Model Risk Management

3 weeks ago


Copenhagen, Copenhagen, Denmark Danske Bank Full time

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 in Danske Bank? And would you like to get a solid overview of risk management?

MRM 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 CRMV 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.

Work across the function in Model Risk Management
As a member of CRMV, 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. 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.
  • Interpret the results based on the data analysis and write your conclusions.

Having concluded, you will 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). As you gain experience, you will provide input to the validation process to optimize this.

Can you handle data with high quality?
We are looking for a team-oriented person with motivation and commitment to deliver high quality on time. You are able to encourage assignments and ensure a high-quality outcome.

Furthermore, we expect you to have experience applying your investigative skills, be proficient with data handling, and be able to transform insights from statistical analysis into actionable findings. We also hope you bring to the team:

  • University degree in a quantitative field (e.g., mathematics, physics, economics, engineering, statistics).
  • Experience validating IRB models, solid knowledge of the relevant regulation, and ability to interpret the requirements.
  • Minimum 6-7 years of model validation or model development experience, preferably using analytical tools such as Python and/or SQL.
  • Thorough understanding of data quality and key sources of data.
  • Upper-intermediate English, both spoken and written – and solid communication skills.

You have an interest in motivating and guiding less experienced colleagues, while paying attention to detail. If you also have the ability to meet deadlines with tight time constraints, then we cannot wait to hear from you

Caught your attention?
Feel free to contact Morten Gadegaard Jørgensen, Head of Credit Risk Model Validation at Danske Bank +45 29 28 28 62 .

We look forward to hearing from you

Address:
Bernstorffsgade 40
1577 København V

#J-18808-Ljbffr