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Are you a dedicated LGD model developer looking for a new opportunity? Dont know what LGD means, but have developed models before? If you want to be part of shaping the future of IRB model landscape at Danske Bank, then come join our team of data scientists in the LGD Modelling department!
We are on a journey to fundamentally transform our IRB model landscape to comply with recently implemented EBA guidelines and are seeking a skilled model developer to join us in developing best-in-class LGD models for capital allocation, impairments, and internal steering.
You will join a team engaged in leveraging data science to uncover and utilise the value in our data, improve decision-making, and deliver positive societal impacts. Our mission includes preventing financial crimes, ensuring Danske Bank has a data-driven understanding of the risks it faces, and supporting the banks mission to create sustainable progress for the present and future generations.
Our team is responsible for the entire model life cycle, covering everything from model design to developing robust solutions in Python, following software engineering best practices. Additionally, we ensure our models remain relevant and perform optimally.
* Depending on your experience and knowledge, we may offer you different seniority of the role.
You will:
- Develop end-to-end data science solutions for LGD models – from understanding the problem and designing the model to deploying and maintaining the final solution
- Communicate with non-technical stakeholders by distilling complex concepts into easily understood formats, ensuring relevant business input for building representative and appropriate models
- Participate in setting and documenting the standards and best practices for data science at Danske Bank
- Provide input to our stakeholders to ensure our models are embedded into the banks relevant processes
About you:
- A solid background in the mathematics underpinning data science and machine learning methodologies, as well as experience implementing and deploying models using software engineering best practices
- Experience in Python programming
- Solid data science skills, particularly within machine learning techniques applicable to IRB, storytelling through data, and deployment of models to a production environment (version control, CI/CD tools, model performance tracking, etc.)
- A deep knowledge of LGD modelling through hands-on development and implementation of industry-standard models (we do, however, welcome previous PD experience, or regulatory experience in general)
- Good communication and stakeholder management skills
- Ability to work independently and as part of a team
- A proactive approach to challenges and a commitment to making a difference
- Previous experience with IRB models, with a focus on LGD models (would be beneficial)
- Upper-Intermediate English skills
We offer
Monthly salary range from 2680 EUR to 4020 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; additional health insurance; mental well-being practices; partial psychologist counselling compensation; silence and sleep zones at the office; game rooms.
- Hybrid working conditions: Work from home up to two days a week; 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
- Canteen services and free fruits
- Additional days of vacation
- Free parking & charging ports - cars, bicycles, e-scooters
Location
- Vilnius, Vilniaus apskritis, Lithuania
Time of work
- Full-time
Languages
- English
- Lithuanian
Data Scientist in LGD Modelling
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.