The things that especially motivate me in my job are the Danske Bank Group financial products that we sell, which are typically market leaders. We’re there on the front line. If I had to highlight a less positive side of working within such a large group it would be the political factor. Every now and then decisions are made which, from my position, don’t seem to be rational. This can give an extra challenge in my day-to-day work.
 |
Morten Nielsen, 33 years |
Qualifications: MSc (Finance)
Job title: First Vice President
Location: Group Finance
Experience: Joined Group 2002 – first year as graduate |
Responsible for reporting of turnover in Danske Markets
My department is a specialist unit at the head office. We have responsibility for dealer reporting on a daily basis and for validating the data attached to the reporting. We also have the job of assessing Danske Market’s foreign exchange risks and also of ensuring that we report potential risks so that these can be hedged correctly. To manage Danske Market’s financial risks we use a software product called SUMMIT.
Contact throughout the Group
I have extensive contact with other areas of the Group – especially IT developers who constantly fine-tune SUMMIT in line with our requirements and platform.
The Danske Bank Group operates on the principle of “one Group, one platform”. When we acquire another bank, my department is involved in the integration of our systems. We make sure that all dealer systems’ functionality is implemented correctly, so trading is synchronised with the bank’s accounting system and so that we're able every day to provide dealers and management with an overview of our results. So far this has led to interesting and challenging cooperation with Danske Bank in Sweden, Northern Bank in Northern Ireland and Sampo Bank in Finland.
Opportunities to transfer within the Group
I have actually worked in several different in the Bank, but, in essence, I have always been involved in the same areas. However, I am motivated by the fact that I know that if I ever felt like doing something else there are always opportunities to work elsewhere within the Group.