We are looking for First Year Analysts who strive to develop themselves and our organization. If you enjoy challenges and want to grow your career, we offer you a high level of responsibility, as well as a collaborative team and inspirering managers.
First Year Analyst Tracks
As a trader you will be responsible for providing liquidity in one of the bank’s product areas to clients by consistently quoting buy and sell prices – thereby giving them access to the financial market place. You will be responsible for managing the associated market risk on a day-to-day basis by trading with the full range of counterparties, e.g. clients, brokers, exchanges and other banks.
You will work closely with relevant stakeholders to achieve advances in electronic trading and more sophisticated risk management tools. You will follow both local and global markets, developing tools to gauge opportunities and communicate your findings in order to provide our clients with first-class advice.
To succeed in this role you will need the ability to make the right decisions under pressure and react quickly when new information hits the market. You will need to take ownership of your product area and work seamlessly with Sales, Research and Quant to ensure a successful franchise. You will typically hold a master’s degree (or higher) in finance, economics, business, natural sciences or similar.
The overall purpose of Research is to provide advisory and investment ideas for our clients and our sales force globally. Our analysts generate proprietary fundamental research on equities, credit, fixed income products, foreign exchange and macroeconomics. This includes forecasting, modelling and valuation. The analysts produce research reports in English and communicate the findings directly to our key clients in Europe and US. The job requires analytical, mathematical and communication skills as well as familiarity with data management tools, Excel and PowerPoint. We are looking for highly driven people with intellectual curiosity, ambitions and an absolute commitment to serving the best interests of our clients. A typical background of an analyst is a Masters of Business Administration or Master of Science in Economic.
Working with client relationship you will get to be a part of a team covering the largest investor and institutions in Denmark. In this position you will working together with all our product partners and support the whole servicing value chain. You will work with all aspects of client coverage and also learn about risk, legal set-up and all services related to the highly professional segment we support.
To succeed in this role you will need to be good at establishing and maintaining a relationship to internal partners as well as clients and hence social skills will need to be one of your forces. Your typical background is an economic education and a good understanding of the economy and the financial sector in the country where you apply.
Working with Quant analytics you will be working with applied mathematics in the financial industry. The quant department is working in the areas of the financial markets, where more advanced mathematics are necessary to address financial and risk management problems. The problems worked on are price modelling risk calculations of certain financial products, as well as machine learning and algorithms for electronic and algorithmic trading . The models from quant form the backbone of the banks prices shown to customers, as well as the risk keeping of the traders books.
The typical backgrounds are an education in physics, mathematics-economics, or engineering. Numerical analysis is used heavily, so being fluent in one or more programming languages is a prerequisite. Working independently and taking ownership is a must.
You will drive projects of different size, where you will use the project management and agile toolbox, and through project work develop an increasing understanding of the business areas in C&I. You will structure complex tasks, enabling the organisation to solve them piece by piece. Your strong theoretical background allows you to contribute to the solution design. Given Danske Banks size you will get your stakeholder management skills developed, and you will build a strong network in to IT.
As a product developer you will go deep in to specific product areas, and both be challenged technically and process wise. Your role is to develop new products together with front line and stakeholders. You will be working with the best product specialists in the market and experience your theoretical knowledge being used in practice. You will be working with many different units to cater for risk management, profitability and legal to mention a few.
The overall purpose of 1st line of defence risk is to work very closely with the C&I business who own the risks to ensure these are being managed within the risk appetite of Danske Bank.
We provide expertise across a range of risk areas, specialist advice, practical support and challenge to the C&I business. This includes activity such as; implementing the Risk Framework, identifying risks through Risk Assessments, developing action plans to mitigate the risk, and take corrective actions to address process and control deficiencies. These could be from reports produced by Audit, Risk or Compliance. We also provide a range of support to the business, e.g. development and delivery of training, logging incidents, quality assurance reports, participating in change programmes and process mapping.
To succeed in this role you will need strong communication, collaboration and influencing skills, as we engage with stakeholders across all risk types e.g. Operational Risk, Market Risk, in the 2nd and 3rd line of defence, the C&I business as well as business areas outside C&I who undertake work on our behalf. You will typically hold a master’s degree (or higher) in law or economics, but we also have employees with other educational backgrounds.
*The three lines of defence are: 1st line are functions that own and manage risks (‘the business’ and 1st line risk): 2nd line of defence are functions that provide frameworks and tools and oversee the management of risk (enterprise Risk, Operational Risk, Compliance etc.): 3rd line of defence are functions that provide independent assurance (Internal Audit)