Senior Data Analyst and Credit Risk Model Validation

Are you motivated and skilled to contribute significantly to the Model Risk Governance team within Danske Bank's Model Risk Management department?

MRM is a crucial component of Danske Bank's risk management, offering an independent assessment of model performance across all areas, including credit risk models (LGD, PD, CF) and IFRS9. With a team of 16, MRM supports significant personal and professional growth, empowering you to shape your workday, select tools, and apply innovative validation approaches. As a member of MRM, you will collaborate closely with a diverse and skilled team in Vilnius and Copenhagen, advising on model design, implementation, and performance. This collaboration enhances your experience and influence within the bank.

Your role includes coordinating and actively participating in projects, conducting comprehensive analyses using quantitative methods, and assisting less experienced colleagues. You will interpret data analysis results, write conclusions, and present findings to key stakeholders such as senior management and the Danish FSA. With gained experience, you will also contribute to optimizing the validation process.

We are seeking a highly skilled Senior Data Analyst to specialize in the data-centric aspects of credit risk model validation. In this critical role, you will ensure the integrity, accuracy, and robustness of the data used in our credit risk models, in alignment with regulatory compliance and industry best practices. This position offers the opportunity to influence risk assessment strategies and enhance the financial stability of our operations.

This position can be located both in Lithuania and Denmark.

* Depending on your experience and knowledge, we may offer you different seniority of the role.

You will:

• Develop and implement robust data analysis methodologies to identify discrepancies, anomalies, and trends impacting model performance
• Collaborate closely with model developers and risk managers to ensure models are built on a solid data foundation by understanding data collection processes
• Design and execute data quality controls and validation rules using advanced data analysis tools
• Prepare detailed validation reports and documentation clearly outlining data issues, analysis results, and remediation steps
• Work with IT and data governance teams to enhance data quality and system improvements for model validation
• Provide expert guidance on how data findings affect model performance and risk predictions
• Stay updated with the latest developments in data processing technologies and risk modeling techniques to continuously refine data validation processes

About you:

• Bachelor’s degree in Data Science, Statistics, Economics, or a related quantitative field
• 4+ years of experience in data analysis, with a preference for backgrounds in credit risk environments
• Possess 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 Basel Accords, IRB, and EBA guidelines
• Analytical and problem-solving skills, coupled with strong organizational and project management capabilities
• Independent, proactive, and motivated to enhance data-driven decision-making
• Upper-intermediate English skills

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

We offer:
This position can be located both in Lithuania and Denmark. If you are hired in Lithuania, the applicable salary range will be from 3120 to 4680 EUR monthly (based on your competencies relevant for the job).

Additionally, each Danske Bank employee receives employee benefits package (benefits are only valid for Lithuania the same as the salary ranges) 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: 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.
Your title in job contract will be Specialist - Risk, Senior.

Feel free to contact me Alex Oleinikov, Head of Model Risk Governance @ Danske Bank [email protected].
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Placering
Vilnius, Lithuania

Arbejdsadresser
Saltoniskiu str. 7B LT-08105 Vilnius