Regulatory Risk Testing Specialist

6 days ago


Copenhagen, Copenhagen, Denmark Danske Bank Full time
Job Description

As a Senior Analyst for Regulatory Risk Testing, you will play a key role in implementing and executing an effective first line of defense controls management framework at Danske Bank. You will collaborate closely with the business to test their key controls, ensuring robust processes that safeguard Danske Bank and its customers.

The Business Controls and Product Management (BCPM) department supports the business in achieving strategic goals, reporting to the heads of three business units: Large Corporates & Institutions, Business Customers, and Personal Customers. Our core function is an independent first LoD control testing unit within BCPM, separate from the control ownership and operation in the business units, aiming to ensure that controls are designed and function effectively.

The Regulatory Risk Testing team is dedicated to developing, executing, and managing testing for regulatory risk, conduct, and sustainability across all business units. You will work closely with colleagues within BCPM and key stakeholders from the 1st, 2nd, and 3rd lines of defense.

You will be responsible for developing and implementing comprehensive control testing for regulatory risks, including test scripts for key controls, test frequency, etc. You will also analyze and interpret testing results to identify strengths and areas for improvement in regulatory, conduct, and sustainability risks across business areas.

A strong candidate will have a minimum of 4 years of non-financial risk management experience, required experience in regulatory risks, such as Dodd-Frank (Swap dealer), MIFID, and EMIR regulatory areas, and the ability to look beyond the numbers to identify underlying risk drivers and trends.

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