Market Risk Analysis & Control - Assistant Vice President

Job Description:

Job Title Market Risk Analysis & Control

Corporate Title Assistant Vice President

Location New York

Overview

Market & Valuation Risk Management is a second line function responsible for managing Deutsche Bank’s Market Risk exposure. The Market Risk Analysis and Control (MRAC) function is responsible for providing official market risk metrics and core analysis supporting risk management decision making. We have a global presence across London, New York, Singapore, Mumbai and Pune.

The MRAC Credit team is a small, highly skilled group with access to state-of-the-art risk management models. As part of the team, you will be developing automated risk reporting to efficiently manage market risk as well as delivering on key regulatory initiatives.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs

What You’ll Do

• Assess and explain statistical model outputs including Value at Risk, Incremental Risk Charge, Fundamental Review of Trading Book (FRTB) metrics, Risk Weighted Assets and Economic Capital

• Provide support to Market Risk Managers (MRMs) to facilitate risk management decisions including performing “What-if” impact analysis on statistical models, presenting and explaining results to MRM and Front Office traders

• Develop and automate reporting and analytics to facilitate robust risk management practices; this includes developing, maintaining and enhancing the python library and tableau dashboards

• Understand the current market risk management infrastructure and drive improvements in collaboration with Global Strategic Analytics (Strats) and Information Technology (IT) teams

• Identify and resolve process issues in collaboration with other teams and suggest improvements for quick remediation

• Contribute to projects to increase Front to Back efficiency, improve controls, or satisfy regulatory requirements

Skills You’ll Need

• Broad financial markets knowledge and experience in a financial services organisation, preferably with expertise in Credit products

• Experience with programming languages (preferably Python) for analysis and risk management, along with excellent excel and data visualisation skills (Tableau is a plus)

• Motivated team player with the soft and technical skills to understand and improve complex front to back processes as well as the desire to drive their self-development

• Familiarity with current regulatory initiatives such as Fundamental Review of Trading Book (FRTB), Volcker, stress testing

• Detail-focused, numerically literate, ability to multi-task and deliver under tight deadlines

Skills That Will Help You Excel

• Excellent communication skills, fluent English speaking with ability to articulate technical and financial topics with global stakeholders

• Ability to run projects independently and build strong relationships across the Bank

• High standards of integrity and a commitment to ‘doing the right thing’

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York City office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $100,000 to $142,250. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

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We welcome applications from all people and promote a positive, fair and inclusive work environment.

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