Senior Auditor for Model Risk

Are you an analytical thinker who is enthusiastic about financial services and eager to make a significant impact? Do you have an interest in model risk management and aspire to work in a learning environment? If so, we have an exciting opportunity for you to join our Model Risk team in Group Internal Audit.

Model Risk Specialist to Group Internal Audit at Danske Bank
Danske Bank's Group Internal Audit function (GIA) offers independent assurance and provides insights that matter to the Board of Directors and the Executive Leadership Team. We are committed to adding value, identifying and suggesting improvements to the control environment while supporting the Group's business strategies and sustainability agenda. We're seeking a new colleague for our Model Risk Audit team to assess and report on model risk management, data risk management, and regulatory compliance with updated risk regulation.

Thrive with Diversity - Act with Integrity
The Model Risk Audit team conducts operational audits of model risk across the Group guided by our audit methodology. Joining our team also means becoming part of an innovative and highly professional audit function of approximately 100 professionals from diverse backgrounds and specialties. Our new domicile Copenhagen Central is GIA’s homebase, but we also offer alternative office sites in the Group’s core markets outside Denmark.

Join a distinguished team of Specialists within GIA
Your role involves auditing model risk development, validation and management processes, with a focus on IRB (the Internal Raing Based approach) and model risk. Our audits also cover governance structures and data utilized for credit, counterparty, liquidity, market risks and other types of models. You'll stay updated on model development activities, engage in risk assessments and carry out audits, also using your analytical skills and present your work to senior management and financial supervisors. Success in this role requires curiosity and the readiness to challenge current processes. Knowledge and understanding of regulatory changes, such as the CRR/CRD, EBA guidelines on internal models, ECB TRIM guide, etc., remain crucial.

Talent is a gift, nurtured by curiosity, training, and learning
We are currently seeking experienced candidates. However, a junior candidate with the right mindset and curiosity about risks and controls could also be a good fit. For this position, we expect you to have:

• A master’s degree in economics, finance, mathematics, statistics, data science – or a similar field.
• Experience from a risk management function in banking is essential – ideally combined with knowledge of a second-line validation or third-line audit function. Alternatively, relevant experience from a supervisory authority within the EU or consulting.
• Great communication skills, with the ability to present findings convincingly with respect and transparency.
• Knowledge of European banking regulation and supervisory processes.
• An inclination for learning and sharing through collaboration.
• Proficiency in English. Knowledge of a Nordic language is advantageous.

For more experienced candidates, relevant experience in a financial institution or from a consultancy is expected. You should be able to mentor less experienced colleagues through coaching and knowledge sharing.

Interested in shaping a leading financial institution?
We offer unique learning opportunities from an independent assurance provider’s perspective. In our empowering environment, you can take on responsibilities that match your aspirations and skills. We emphasize continuous professional development, high-quality work, and promote a culture of coaching and feedback.

Sounds interesting?
Please send us your CV and application, focusing on presenting your credentials with reference to their contribution to meeting the required skills and delivering on the tasks. If you have any questions, you are welcome to call Head of Audit Model Risk, Jacob Rasmussen, at +45 2177 5333. Applications will be assessed on an ongoing basis.

Placering
Copenhagen V, Denmark

Arbejdsadresser
Bernstorffsgade 40 1577 København V