Denmark Finance Scene
I’m currently an analyst at a buyside shop covering Leveraged Loans and HY. I’m planning to move to Denmark soon, as I’m marrying someone from Copenhagen. As a UK citizen, I’ll need visa sponsorship, but I’ve been struggling to find opportunities in private credit/credit research within Denmark’s relatively small finance scene. Having spoken to a few people who have successfully moved they’ve mentioned that the language barrier isn’t a problem however, they’ve largely been European Folks who don’t require visa sponsorship so my guess is that’s what’s holding me back.
I’m open to a range of roles – Corporate Development, Strategy, Investment Banking, Corporate Banking or other buyside opportunities.
For context, I currently have three offers here in London:
1: An IBD LevFin offer from a mid-market European bank.
Agricultural Commodities trader at an ABCD firm covering oilseeds.
FAANG Corporate Strategy role.
I’m wondering if either of these might improve my chances of relocating down the line, perhaps by transferring to a larger corporate where not knowing Danish might be less of a barrier.
So far, I’ve struggled to land interviews, and I’m unsure of the best strategy to break into the Danish market. Any advice or insights would be greatly appreciated.
Based on the most helpful WSO content, here’s a breakdown of your situation and potential strategies:
Visa Sponsorship Challenge: As a UK citizen, visa sponsorship is indeed a significant hurdle, especially in Denmark's smaller finance market. While the language barrier might not be a major issue for certain roles, the need for sponsorship can make employers hesitant unless you bring highly specialized skills or experience.
Leveraging Your Current Offers:
Breaking into the Danish Market:
Strategic Role Selection:
Long-Term Plan:
Ultimately, the IBD LevFin offer seems like the best fit for your goals, given its relevance to Denmark’s finance market and potential for internal mobility. However, the FAANG strategy role could also be a viable path if you prioritize working for a multinational with a Danish presence.
Sources: The future of Hong Kong high finance, The future of Hong Kong high finance, Leveraged Finance – 2017 Update, Opportunity to move from NY to Europe in Structuring/Origination, International Student - Chance of getting an IBD internship in London?
Option 1 is your best answer. Also, I think capital 4 does credit in Copenhagen
Hi there,
Dane at a BB in London here. I think you’re absolutely right that a work visa might be your biggest hurdle. I think it will effectively reduce your employers to the largest ones. In terms of credit funds, there is very little presence - capital four was mentioned, I think that’s about it. But probably too small. There’s a much larger PE scene.
I would definitely target the big banks or corporates, they are probably much more likely to sponsor visa. At banks, consider the credit research teams at Danske, Nordea or similar. Or maybe a fixed income public side role if you’re open. These roles exist but getting an offer is probably about networking. So i think it’s more about networking aggressively at the big shops and then being referred around until you end up meeting the right teams. If you’re a top candidate, they’ll absolutely take you. No one cares that you’re not Danish, if anything finance teams really want international people
You’re gonna be super happy in Denmark - such an upgrade from UK on every front. Except the dark winters …
Good luck
Thank you for your reply! Would it be ok to PM you?
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