Business Analyst in OTC Derivatives Services

Job Description

An exciting opportunity has arisen to join the Over-the-counter (OTC) Derivatives Services team within Markets Services in Vilnius, where you will have a real impact on how Danske Bank supports its markets clients. We work with a broad range of LC&I customers across the Nordic countries and other Danske Bank Group locations, and our mission is to ensure their operations runs smoothly, accurately and in line with regulatory expectations.

As part of a skilled and driven team of professionals in Vilnius, you will be involved in the full post-trade lifecycle for OTC derivatives and play a key role in how our processes and systems evolve. Analyst role is aimed at a colleague who is ready to handle more complex tasks, drive ad-hoc problem solving and be a strong partner for stakeholders and IT. You will be at the heart of change and improvement, working on regulatory initiatives, system enhancements and reporting optimisation, while strengthening your expertise in markets products and operational risk management.

The workplace is located in Vilnius. Danske Bank supports workplace flexibility (we currently use a hybrid work model, where we work at least 3 days in the office).

You will:

• Handle complex OTC derivatives post-trade tasks, including cash settlements, reconciliations and investigations for non-standard and escalated cases
• Act as a key contact for stakeholders and IT on system incidents, enhancements and change requests, helping to design and test solutions
• Support and drive regulatory and strategic projects, ensuring new requirements are understood, implemented in daily processes/systems and reflected in controls and reporting
• Analyse process performance and data to identify root causes and improvement opportunities, and lead process change initiatives
• Enhance the quality, automation and transparency of internal reporting
• Maintain and continuously improve Standard Operating Procedures and control frameworks to ensure robust, compliant and efficient operations
• Collaborate closely with colleagues from front offices, risk, compliance and global external partners via e-mail, calls and workshops
• Participate in and sometimes lead improvement initiatives using Lean principles, sharing best practices and supporting a culture of continuous improvement
  
  

About you:

• At least 3-5 years of experience in financial markets operations, middle office, or related post-trade services
• Higher education (in Finance, Economics or relevant field would be benefit)
• Strong analytical and problem-solving skills, with the ability to work with complex, non-standard cases and draw clear conclusions
• High attention to detail, focus on controls and quality, and a structured approach to documentation
• A proactive mindset and willingness to take ownership, drive initiatives and continuously improve the way we work
• Experience working with stakeholders, ideally including front office, risk, and IT, and confidence in challenging and aligning different viewpoints
• Understanding of OTC derivatives or strong motivation to develop deep expertise in this field
• A team-oriented person who enjoys working, sharing knowledge, and having fun together
• Upper-intermediate English language skills both in speaking and writing
  
  

We offer:

Monthly salary range from 2640 EUR to 3960 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.
  
  

See all the benefits HERE.

Your job function (position) in the job contract will be Markets Operations Management.

If you have any questions about the position, please contact Hiring Manager Edgaras Kallo via Linkedin.

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.