Senior Business Analyst (Credit Risk Model)

Job Description

Join Danske Bank and help implement new credit risk models across the bank. You will investigate current processes, regulations, systems and data flows to understand how credit risk models are used today, then translate complex requirements into practical solutions.

As a Senior Business Analyst, you will be at the centre of implementing new Internal Ratings-Based (IRB) credit models across Danske Bank. You will collaborate with stakeholders globally across Risk, Finance, business units, model development and IT to ensure new Loss Given Default (LGD) models meet regulatory expectations and are implemented successfully.

The LGD Application & Implementation Team is an international team based in Denmark and Lithuania and forms part of a major programme to transform Danske Bank’s credit models. The team is responsible for application, monitoring, implementation of the IRB LGD models and setting the standards and governance processes for IRB Credit Risk Models. We have a number of responsibilities including: facilitating the organisational and IT implementation of new models, updating the monitoring framework, performing regulatory and compliance assessments, updating governance and standards, and facilitating dialogue with regulators and lines of defense.

This role is based in Vilnius, Lithuania, and it does not include a relocation allowance for candidates who are not based in Lithuania.

What You Will Be Doing

• Assess how the models affect credit…