Leader of Regulatory Risk Testing

Job title:

Leader of Regulatory Risk Testing

Company:

Danske Bank

Job description

Job Description:Would you like to be a significant contributor to the implementation and completion of an effective 1st LoD controls management framework in Danske Bank? Would you like to work closely with the business in testing their key controls to ensure robust business processes and keep Danske Bank and its customers out of harm?Who are we in Core Functions?Core Functions is a specialized 1st LoD control testing unit dedicated to ensuring controls are designed and operated effectively. As the Leader of Regulatory Risk Testing, you will oversee a skilled team, including direct reports and members managed by a team leader under your guidance. Together, you will be vital in maintaining the integrity and effectiveness of our control environment, significantly contributing to the department’s success.About the roleWe are seeking a banking professional focused on shaping and delivering a robust testing framework within the Conduct, Sustainability, and Regulatory Risk domains. You will implement and coordinate 1st Line of Defence controls testing across Danske Bank’s three business units, focusing on key controls related to conduct, sustainability, and regulatory risks. Collaborating with other Financial and Non-Financial risk controls testing teams is essential for agreeing on a comprehensive testing plan. You will assess the design and operating effectiveness of controls, ensuring they meet standards and deliver fair outcomes for our customers. Your findings will be reported to control owners, and you will work with business representatives to address control weaknesses effectively.As the Leader of Regulatory Risk Testing, you will identify and incorporate key controls into our yearly Book-of-Testing (BOT) and enhance testing activities. Your work ensures our control processes are robust and effective, supporting the bank’s obligation to regulatory compliance and risk management.

• Identify key controls from inputs by regulators, Business Units, and Risk partners for inclusion in a yearly BOT.
• Review and enhance regular testing activities, including improving governing documents and methodology.
• Collaborate with other Testing teams and Risk Partner teams for control uplift and gap assessments.
• Ensure widespread use of control taxonomy within our function and reporting.

Who are we looking for?To be effective in this role, you should have substantial knowledge and experience in conduct, sustainability, and regulatory risk categories, supported by a relevant university degree or similar educational background. You may be an experienced risk professional from the finance industry or have been involved in governance, regulatory, or legal processes within banking. Your understanding of financial products and processes, combined with risk management principles, will align our objectives with business needs.

• Minimum 5-10 years of experience in non-financial risk, focusing on conduct, sustainability, and regulatory risk.
• In-depth business understanding and documented leadership experience, with an emphasis on purposeful leadership.
• Capable communication, interpersonal, and collaboration skills, along with gravitas and influencing abilities.
• Flexibility, initiative, and a growth mindset, with decision-making capability in a fast-paced environment.

If you are passionate about managing risks and controls and have leadership experience to drive change, this is your opportunity. As part of the newly established Conduct, Sustainability, and Regulatory Risk Testing team, you will define our role within the business and foster a safe, trusted environment that supports a strong risk culture at Danske Bank. Fluency in English and preferably one Nordic language is required.What we offer“We offer a fantastic opportunity to join a newly established team within the Core Functions unit, where you can play a pivotal role in its development. If you thrive on challenges and seek to be part of an inclusive and positive work environment with significant responsibility, this position is for you. Join us and help shape the future of risk management at Danske Bank.”Are you interested?If you want to know more about the position, you are welcome to contact Head of Core Functions, Monika Visy, with your updated CV via e-mail: . Please apply in English as soon as possible as we will conduct interviews on an ongoing basis.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 21,000 employees in 13 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.About Us:Danske Bank is a Nordic bank with bridges to the world around us. For 150 years, we have supported people and businesses in releasing their potential. A career with us is an opportunity to join a community of 22,000 colleagues in a culture where we are committed to Teaming Up, Owning It and Being Open. Together, we are on a journey to transform Danske Bank into a better bank. For our customers, our employees and the societies around us.

Expected salary

Location

København

Job date

Sun, 09 Feb 2025 08:01:37 GMT

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