Chief Quantitative Analyst for Model Risk Management (Temporary Position)

at  Danske Bank

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. This one-year contract offers numerous opportunities for both personal and professional development.
“We work by a high level of empowerment, so to a large extent, you will be able to influence and structure your workday and choose the tools and innovative approaches to model validation. And you will have the opportunity to work closely with colleagues in the entire MRM department.”

CAN YOU HANDLE DATA WITH HIGH QUALITY?

We are looking for you, who is 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 – and we also hope, you bring to the team:

• University degree in a quantitative field (e.g. mathematics, physics, economics, engineering, statistics)
• Experience of validating IRB models, solid knowledge of the relevant regulation and ability to interpret the requirements
• Minimum 5-6 years of model validation or model development experience, preferably using such analytical tools as Python and/or SQL
• Throughout 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 – and can - motivate and guide less experienced colleagues, while you pay attention to detail. If you also have the ability to meet deadlines with tight time constraints, then we cannot wait to hear from you!

Please refer the Job description for details