Senior Credit Risk Model Analyst for LGD Application Team

<p><span>Are you fascinated by working at the intersection of credit risk, statistical models, and regulation? Connect with us at Danske Bank and join our diligent team, which ensures that our credit risk models support decision-making across Danske Bank and adhere to regulations.</span></p> <p><span><strong>Join the LGD Application Team</strong></span></p> <p><span>As a </span>Senior Credit Risk Model Analyst<span> at Danske Bank, you will work as an integrated part of an international team. The job will offer you plenty of opportunities for growth, and if you think you fit into a working culture where we team up, take ownership, and are open, then you might be our new colleague.</span></p> <p><span>Your critical contribution will be part of our Credit Analytic Transformation Programme, an initiative to redevelop our credit risk models, scale our data analytics capabilities, and bolster our credit risk management. You will be part of the LGD Application Team, which collaborates closely with our Model Development team (who builds the LGD models) and our anchoring team (who ensures implementation and anchoring in our business). We guide model developers to ensure that our models meet regulations and the bank’s standards. Our role in writing large parts of multiple upcoming LGD applications requires an understanding of regulatory requirements, clear writing, and comprehension of business implementation.</span></p> <p><span>Depending on your experience, you may be offered a different seniority of the role.</span></p> <p><span><strong>You will:</strong></span></p> <ul> <li><span>Collaborate with credit model development teams to ensure understanding and compliance with regulations and internal standards, and facilitate the self-assessment of new models</span></li> <li><span>Work with model framework requirements, such as collateral and guarantees, processes, monitoring, business impact, and implementation</span></li> <li><span>Manage the credit model application to the FSA, meeting all regulatory requirements and deadlines</span></li> <li><span>Conduct a wide range of internal and external communication related to credit risk models</span></li> </ul> <p><span><strong>About you:</strong></span></p> <p><span>Given the number of interactions related to this role, we are looking for a colleague who can bring great collaboration and communication skills. You are open to creativity and willing to develop different skills. We imagine that you possess:</span></p> <ul> <li><span>At least 3 years of experience working directly with credit risk models (PD, LGD, etc.) and related regulations or business processes</span></li> <li><span>Experience in combining business knowledge, regulation, and model development skills</span></li> <li><span>Experience with communication, stakeholder management, and project management in a flexible development setting</span></li> <li><span>A higher education in quantitative sciences (e.g., economics, mathematics, physics, engineering, statistics, or similar)</span></li> <li><span>Advanced English skills, both spoken and written</span></li> </ul> <p><span><strong>We offer:</strong></span></p> <p><span>This position can be located either in Denmark or Lithuania. If the position is located in Lithuania monthly salary range will be from 3440 EUR to 5160 EUR gross (based on your competencies relevant for the job).</span></p> <p><span>Additionally, each Danske Bank employee receives employee benefits package which includes:</span></p> <ul> <li><span><strong>Growth opportunities:</strong></span><span> </span><span>professional &amp; supportive team, e-learnings, numerous development programs; (incl. professional certificates); 100+ professions for internal mobility opportunities.</span></li> <li><span><strong>Health &amp; Well-being:</strong></span><span> </span><span>a diverse, inclusive, work &amp; life balance work environment; health insurance from the first day of employment; mental well-being practices; partial psychologist counselling compensation; silence and sleep zones at the office; game rooms.</span></li> <li><span><strong>Hybrid working conditions:</strong></span><span> </span><span>home office budget (after the probation period); modern Danske Campus workplace developed with anthropologist for the best employee experience.</span></li> <li><span><strong>Additional days of leave:</strong></span><span><strong> </strong></span><span>for rest, health, volunteering, exams in higher education institutions, and other important activities. Moreover, for seniority with Danske Bank.</span></li> <li><span><strong>Monetary compensation package:</strong></span><span><strong> </strong></span><span>accidents &amp; critical diseases insurance; financial support in case of unfortunate events, travel insurance; IIIrd Pillar Pension Fund contribution.</span></li> </ul> <p><span>See all the benefits in Lithuania</span><span> </span><a href="https://job.danskebank.lt/all-the-advantages/" rel="nofollow" tar