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Student assistant for Credit Risk Modeling

Danske Bank

Credit Risk Modeling is responsible for the development, implementation and maintenance of Danske Bank Group PD (Probability of Default) models. These models play a crucial role in the mitigation and monitoring of the bank's credit risk and the estimates feed into the solvency calculation, the credit process, pricing, impairment and cover pool management among other things.

The Role
Credit Risk Modeling is located at Danske Bank's office in Høje Taastrup – Dalbergstrøget 17, close to the train station. We are a part of Risk Analytics, a department consisting of approximately 120 dedicated employees responsible for modelling and quantifying credit risk for corporate and retail customers.

Your primary tasks will be to:
  • Assist in the maintenance and updates of PD models
  • Support model users by taking responsibility for the team mailbox
  • Analyse, explain and report the output of the monthly run of our models
  • Support the analysts in the department on ad-hoc tasks
  • Support on administrative tasks within the team
Your average weekly working hours will be 15 - 20 hours, with considerable flexibility with regard to exams.

Your Profile
We are looking for a student (studying towards an analytical degree such as economics, math, physics or statistics) with a minimum of 1 year left before master graduation. You are a team player with an interest in risk management and enjoy working with data and performing analysis while paying attention to detail. In addition, we expect you to be service-minded, to take ownership of tasks and to have a keen interest in always seeking out new ways to improve and optimize processes. Preferably, you will have experience with SAS, SQL, R, C# or other similar software used for data extraction and data analysis.

In case you have any questions related to this add, please contact Head of Credit Risk Modeling 2 Nadia Theron (email:, cell: +45 31 83 07 63.
Send application and CV no later than 21.09.2018.
Danske Bank is a Nordic bank with strong local roots and bridges to the rest of the world. For more than 145 years, we have helped people and businesses in the Nordics realise their ambitions. Danske Bank has more than 19,000 employees in 16 countries around the world who serve our 3.4 million personal, business and institutional customers. In addition to banking services, we also offer life insurance and pension, mortgage credit, wealth management, real estate and leasing services.

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Danske Bank




21 september 2018

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