Risk Specialist (f/m/x)
Position Overview
About Credit Risk Portfolio Management (CRPM)
In an ever-changing financial landscape, the role of the Risk division has never been more important. A strong risk management culture helps to reinforce Deutsche Bank’s resilience. The function identifies, aggregates, manages, and mitigates risk across the core activities of market risk management, operational risk management and credit risk management, supporting the bank’s strategies whilst protecting its capital and regulatory adherence.
The Credit Risk Analysis Team is a core function within the Credit Risk Portfolio Management team of the overall Risk division. It works closely with other areas in Risk and Finance. The team is responsible for the following:
Manage and maintain a robust and well controlled calculation process to ensure timely provision of complete and accurate counterparty credit risk (CCR) exposure data, meeting the requirements of various key consumers and stakeholders
Coordinate and manage the governance and oversight of all CCR measurement related issues, including ownership of the CCR Governance committee (reporting into RCC)
Ownership and management of efficient and effective IT infrastructure supporting the CCR exposure calculation, including strategic planning, change management, and appropriate IT investment governance
Own and manage the relationship with relevant regulators (principally the ECB / JST, but including all other regulatory interaction in the CCR measurement space) regarding CCR exposure measurement, including leading and coordinating the Bank’s efforts to ensure demonstrable compliance with all relevant regulations
The team is in Berlin and has a close collaboration to teams in London.
Your responsibilities:
Analyse risk movements and work closely with colleagues in GTB and Risk on Credit Risk exposure and processes.
Work closely with Methodology and Change teams on implementation of new regulatory requirements and analyze the impact on DB Group and respective business area.
Perform regular controls for internal governance.
Support adaptation of processes / service according to change in regulation.
Keeping abreast of regulatory guidance and industry best-practice concerning CCR exposure calculations and related areas, ensuring that DB is at the forefront of new developments.
Assisting IT partners in implementing newly developed models, processes, and controls in production environment.
Your qualifications:
Education and Experience:
Masters in Mathematics / Statistics / Physics / Econometrics / Finance
Bachelors in Engineering / IT/ Mathematics
Strong programming background, ideally in the field of statistics or financial mathematics or computer science.
Some knowledge of CCR exposure models and counterparty risk measures (EPE, EAD, PFE, AEE).
Competencies:
Attention to detail, analytical / structured thinking,
Strong problem solving skills.
Strong IT / data management skills plus experience with relevant software packages, ideally SAS / Excel / SQL / Python
Good knowledge in quantification of financial products (including derivatives) and credit risks would be beneficial.
Interpersonal skills and an ability to work across locations and liaise effectively at all levels of the business.
Ability to work as part of a team across locations.
Result oriented and highly motivated.
Proficiency in English (verbal and written)
What we offer
We provide you with a comprehensive portfolio of benefits and offerings to support both, your private and professional needs.
Emotionally and mentally balanced
A positive mind helps us master the challenges of everyday life – both professionally and privately. We offer consultation in difficult life situations as well as mental health awareness trainings.
Physically thriving
We support you in staying physically fit through an offering to maintain personal health and a professional environment. You can benefit from health check-ups; vaccination drives as well as advice on healthy living and nutrition.
Socially connected
Networking opens up new perspectives, helps us thrive professionally and personally as well as strengthens our self-confidence and well-being. You can benefit from PME family service, FitnessCenter Job, flexible working (e.g parttime, hybrid working, job tandem) as well as an extensive culture of diversity, equity and inclusion.
Financially secure
We provide you with financial security not only during your active career but also for the future. You can benefit from offerings such as pension plans, banking services, company bicycle or “Deutschlandticket”.
Since our offerings slightly vary across locations, please contact your recruiter with specific questions.
This job is available in full and parttime.
In case of any recruitment related questions, please get in touch with Esther Grandmann.
Contact Esther Grandmann, Tel. +49 69-91045 443
Wir streben eine Unternehmenskultur an, in der wir gemeinsam jeden Tag das Beste geben. Dazu gehören verantwortungsvolles Handeln, wirtschaftliches Denken, Initiative ergreifen und zielgerichtete Zusammenarbeit.
Gemeinsam teilen und feiern wir die Erfolge unserer Mitarbeiter*innen. Gemeinsam sind wir die Deutsche Bank Gruppe.
Wir begrüßen Bewerbungen von allen Menschen und fördern ein positives, faires und integratives Arbeitsumfeld.
