Working Student (f/m/x) MoRM America Team

Position Overview

About the Team

Model Risk Management is responsible for holistic management of model risk. This includes the independent validation of internal models as well as the identification and the monitoring & controlling of model risk.

Within Model Risk Management, the US Model Validation Team in Berlin focusses on developing and maintaining a central modelling and validation service covering all risk model types and methodologies.
 

Your Task

• Quantitative validation of models developed for CCAR (Comprehensive Capital Analysis and Review) and business as usual (BAU) relevant for the US legal entities.

• Extensive use of sophisticated data analysis and statistical methods (classification, regression) for validation of CCAR models

• Discussion of validation results with internal stakeholders such as model developers and owner

• Continuous improvement and enhancement of validation approaches, especially taking into account regulatory requirements, as well as automation of validation analyses

• Assurance of Model Risk Management requirements, e.g. SR11-07 validation standards

Your skills and experience

• Academic degree in a quantitative discipline (e.g. Mathematical Finance/Statistics) with a focus on application

• Good knowledge about financial products / derivatives and the financial risks related to them.

• Knowledge with statistical and other software packages (Python, SAS, R)

• Pronounced conceptual and analytical skills as well as business fluent written and verbal skills in English.

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: +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.