Head of OTC Derivatives Services in Markets Services

OTC Derivatives Services is the backbone of reliable post-trade processing for the bank's corporate and institutional customers across the Nordics. As Head of this Vilnius-based team, you will shape how 10 specialists deliver quality, manage risk, and continuously improve. This is a role where people leadership and operational ownership come together in a genuinely international setting.
You will lead a team of 10 within Markets Services, part of Large Corporates and Institutions Services, delivering post-trade services across a broad range of OTC derivatives products, including interest rate and cross-currency swaps, FX options, credit derivatives, and structured products. The team covers confirmations, cash settlements, reconciliations, lifecycle events, and static data maintenance. You will work closely with trading desks, trade support, customers, and technology teams, contributing to change initiatives and service forums in a collaborative, cross-border environment.
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).
What you will be doing

- Lead and develop the team, building collaboration, accountability and knowledge sharing

- Own timely, high-quality delivery of OTC Derivatives Services such as confirmations, settlements, reconciliations, lifecycle events and static data

- Maintain a strong risk and control environment, escalating incidents and following up on root causes and audit findings

- Manage priorities, capacity and cross-training to sustain resilient delivery as demand changes

- Simplify, standardise and automate processes in collaboration with technology partners to reduce manual work and strengthen controls

- Partner with trading desks, trade support, customers and technology teams, representing the service in change initiatives and forums

- Use service, risk and efficiency data to guide decisions, track improvements and report priorities and issues to management
About you

- 2+ years of people leadership experience in financial services or comparable operations, with strong coaching and team development skills

- Degree in finance, economics, business or a related field, or equivalent relevant experience

- Solid Markets post-trade experience, including knowledge of markets' products, confirmations, settlements and lifecycle processing (knowledge of derivatives products would be an advantage)

- Strong knowledge of operational risk, controls and compliance, with sound judgement on exceptions and escalations

- Experience in process improvement or operational change

- Clear communication and stakeholder management skills, with the confidence to challenge constructively across business and technology

- Structured, proactive and data-driven approach to balancing daily priorities with longer-term improvements

- Advanced English skills, both spoken and written
What we offer you
Monthly salary range from 4320 EUR to 6480 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 Laura Kaunecke via Linkedin  .