Senior Analyst for Compliance, Fraud and Operational Risk Models Validation
Danske Bank Lithuania
Senior Analyst for Compliance, Fraud and Operational Risk Models Validation
Danske Bank Lithuania
Senior Analyst for Compliance, Fraud and Operational Risk Models Validation
Danske Bank Lithuania

Senior Analyst for Compliance, Fraud and Operational Risk Models ValidationDanske Bank Lithuania


Do you want to take part in managing model risk at one of the largest financial institutions in Northern Europe? Are you interested in statistical modelling, Machine Learning/AI and text-matching algorithms? And do you want to use your extensive analytical skills to assess and help improve complex models used for financial crime prevention?

You will be joining a community of highly experienced people with rigorous academic and scientific backgrounds. This is a group characterised by intellectual curiosity, knowledge sharing, and open discussion.

The team specialises in the validation of models applied by Danske Bank Group for customer risk rating, transaction monitoring, sanctions screening, and market abuse prevention. The Model Risk Management department, to which your team belongs, covers all models in Danske Bank Group. As a team member in Model Risk Management, you will therefore have the unique opportunity to contribute to and gain broad insight into the many different business areas of a leading financial institution.

This is a high-attention area for the Group, where models and industry standards are developing fast and the bank has an ambitious model development agenda. Danske Bank is one of Europe’s leading financial institutions, with assets in the EUR 500 billion range. We are committed to combating financial crime through proven control processes aimed at detecting high-risk customers and suspicious transactions.

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

You will:

  • Research, analyse, test, and evaluate the underlying theory, mathematical methods, and numerical implementation of financial crime prevention and operational risk models
  • Prepare and present your conclusions, risk assessments, and recommendations to top management in various risk committees and provide the basis for approval of use in the production of new and existing models
  • Work in collaboration with model developers, financial crime prevention experts, and other specialists to review model design, challenge core model assumptions, and test the effectiveness of models
  • Be responsible for conducting quantitative and qualitative analysis and communicating your findings in written reports and spoken presentations to model developers, owners, and senior management
  • Develop your modelling skills and assist Model Risk Management in staying at the forefront of validation of new modelling areas, such as machine learning and AI

About you:

  • A university degree, e.g., in econometrics, statistics, mathematics, finance, or physics, with a strong mathematical track record
  • At least 2 years of experience in a similar role
  • An analytical and goal-oriented mindset that enables you to analyse and solve complex problems
  • Proven collaboration skills and the ability to build relationships across the bank – with model developers and our partners in Financial Crime Compliance
  • Great communication skills, Upper-Intermediate skills in written and oral English – Danish is not a requirement
  • Hands-on experience with writing code in R, Python, or SAS and data analysis and manipulation in SQL, Hadoop, or other data platforms
  • Previous experience working with financial crime prevention models and in a banking environment is desirable but not a requirement

We offer

Monthly salary range from 3040 EUR to 4560 EUR gross (based on your competencies relevant for the job).

Additionally, each Danske Bank employee receives employee benefits package 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; 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.
  • 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.
  • Additional days of vacation
  • Health insurance from the first day of employment
  • Third pillar pension fund
  • Free parking & charging ports - cars, bicycles, e-scooters
Monthly gross salaryGross/mo  € 3040 - 4560


    Vilnius, Vilniaus apskritis, Lithuania

Time of work

  • Full-time


  •  English
  •  Lithuanian
Contact person
Senior Analyst for Compliance, Fraud and Operational Risk Models Validation
In Danske Bank Lithuania we gathered smart, innovative and open colleagues with can-do mindset, who are reimagining banking services and creating an ingenious product portfolio, and at the same time – ensure smooth daily operations of the entire Danske Bank Group.

Consider us as “the engine of the bank” – while we do not provide banking services to customers in Lithuania, we are the brain and muscle behind many of Danske Bank’s services to our global customers. Our high-quality delivery and can-do approach led us to becoming a strategic site for Danske Bank, an international community of 22,000+ colleagues worldwide.

Danske Bank Lithuania is Danske Bank’s strategic unit, providing finance, IT and global business services to serve our customers worldwide. We are on a journey to push the banking boundaries and make constant improvements in how we operate. We aim to do this by combining the best of two worlds: the strengths of what Danske Bank has built over 150 years and the approach of start-ups to what we are going to create in the future.

We see diversity as our potential, and the cornerstone of our company’s success, that will ensure our continued competitiveness and innovative strength.

We try to create an inclusive workplace where differences are our strengths and where people feel valued and can realise their full capabilities.

Because of that, the critical focus point for us is to be able to recruit, develop and retain employees without attaching any specific labels to them.

Company websitehttps://job.danskebank.lt/

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