Lead Risk Manager for Credit, Liquidity and Market Risks

13 hours ago


Copenhagen, Copenhagen, Denmark Danske Bank Full time

Join a Newly Established Team in Financial Risk Management

Danske Bank is seeking an experienced risk professional to lead our newly established team in financial risk management. As the Head of Financial Risk Testing, you will be responsible for implementing and executing an effective 1st LoD controls management framework.

The successful candidate will have a deep understanding of control assurance principles, risk-based approach testing, and credit areas. You will lead a team of approximately 10 employees and work closely with business representatives to identify appropriate resolutions of control weaknesses.

Main Responsibilities:

  1. Develop a Robust Testing Framework: Identify key controls across all Business Units and countries, link them to risk and control taxonomy, and incorporate their testing into a yearly Book-of-Testing (BOT).
  2. Improve Credit Testing Framework: Develop a new, more robust credit testing framework and remediate identified gaps in our current key controls testing and assurance operations.
  3. Collaborate with Stakeholders: Face up to senior stakeholders both in the Business and in 2nd line, ensuring collaboration across lines and facilitating simplification and standardization of expectations and assurance operations, in line with our Forward 28 Strategy.
  4. Drive Automation: Drive the automation of testing and assurance activities, as well as the automation of reporting, working closely with the Data and Reporting & Insights team experts.
  5. Cooperate with Colleagues: Cooperate with the Head of Framework when conducting control gap assessments, control testing & assurance remediations, and input into our key controls list.
  6. First Point of Contact: Be the first point of contact in 1st line for credit testing-related queries from regulators, and own collated presentations and speaker notes towards Heads of Business.
  7. Risk Management Expertise: Develop test scripts for key controls, test frequency, and reporting expectations with BU and 2nd line for credit, liquidity, and market risks.
  8. Team Development: Plan and deliver adequate cross-training and upskilling of team members, ensuring business continuity at all times.
  9. Strategic Collaboration: Drive the strategic move to a


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