Credit Risk Model Specialist in IRB Framework

1 month ago


Copenhagen, Copenhagen, Denmark Danske Bank Full time

About Us

Danske Bank is a leading financial institution with a strong commitment to credit risk management. Our team is responsible for ensuring that our credit risk models are accurate, reliable, and compliant with regulatory requirements.

Job Description

We are seeking an experienced Credit Risk Model Specialist to join our IRB Framework team in Vilnius or Copenhagen. As a key member of our team, you will be responsible for interpreting and communicating regulatory requirements on credit risk models, supporting the maintenance of credit risk models, and collaborating with internal stakeholders and external regulators.

Your Key Responsibilities Will Include:

  • Interpreting and communicating regulatory requirements on credit risk models
  • Supporting the maintenance of credit risk models, including analyzing and investigating incidents related to data and methodology
  • Communicating findings to relevant stakeholders in an easily understandable language

Requirements

To succeed in this role, you will need:

  • 3+ years of experience working within or related to the financial sector
  • Experience in combining business knowledge and model development/adjustment skills
  • Experience with credit risk parameters PD, EaD, LGD, or AVM, and the related regulatory requirements
  • Advanced English skills, both spoken and written
  • Higher education in quantitative sciences (e.g., economics, mathematics, physics, engineering, statistics or similar)

Salary and Benefits

The estimated salary for this position is between €60,000 - €80,000 per annum, depending on qualifications and experience. In addition to a competitive salary, we offer a range of benefits, including a comprehensive pension plan, generous holiday allowance, and opportunities for professional development and growth.

Location

This role can be based in either our Vilnius or Copenhagen office. We offer flexible working arrangements to ensure that our employees can balance their work and personal life effectively.



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