Senior Business Analyst in IRB Framework

Are you fascinated by working in the tension between credit risk, statistical models and regulation? Yes! Connect with us at Danske Bank and join IRB Framework that has an integral role in ensuring our credit risk models support decision making across Danske Bank and adhere to requirements!

Become a part of IRB Framework 

Combine your communication and analytical skills and support us in maintaining our credit risk models for the Internal Ratings-Based (IRB) approach in Danske Bank. Although your daily work will offer a wide variety of tasks and responsibilities, it will be related to credit risk models in one or the other way.

High on our agenda are team efforts and empowerment. With a colleague as a buddy to support you during your first months, you will quickly gain the necessary knowledge and get responsibility, which will enable you to support us in prudent credit risk model set-up by focusing on regulatory requirements, governance framework and credit model risk (PD, LGD, EaD, AVM etc.). A big part of our working sphere, is the ongoing collaboration, internally as well as with our many stakeholders across the Group, to ensure the IRB framework is transparent, coherent and meets demands. Likewise, we are responsible for communication with Danish and Nordic supervisors on this important journey. Hence, you will be working with internal stakeholders and external regulators.

As a Senior Business Analyst in Danske Bank, you will be working as an integrated part of an international team in Vilnius and Copenhagen. The job will offer you plenty of opportunities for growing, and if you think you fit in a working culture where we team up, take ownership and are open, then we are waiting for your application now!

Danske Bank supports a high degree of workplace flexibility (our team is currently using a hybrid working model, where we work at least 3 days a week in the office.).

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

"Everyone is welcome - bring your authentic and full self to work."

You will:

• Have a wide range of internal and external communication related to credit risk models


• Interpret and communicate regulatory requirements on credit risk models


• Support the maintenance of credit risk models, incl. analysing and investigating incidents related to data and methodology, and communicating findings to relevant stakeholders in an easily understandable language and gather clarification of business needs

About you:

Collaborative and experienced business analyst

As a person you are collaborative and demonstrate an innovative way of thinking. You are a great communicator and are able to communicate clearly with both internal and external stakeholders. Ideally you possess:

• 3+ years of experience working within or related to the financial sector


• Experience in combining business knowledge and model development/adjustment skills


• Experience with the credit risk parameters PD, EaD, LGD or AVM, and the related regulatory requirements


• Advanced English skills, both spoken and written


• Higher education in quantitative sciences (i.e., economics, mathematics, physics, engineering, statistics or similar)

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 3440 to 5160 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 Analyst - Business, Senior.

If you're interested in this role and joining my team, feel free to contact me - Karin Vedel Acasio via LinkedIn or email aca@danskebank.dk, and I will answer your questions!

Please note that interviews will be held continuously so send in your application today!

#DK