Analyst

As a Senior Analyst in Model Risk Management (MoRM) at Deutsche Bank, your primary responsibility will be to manage and actively validate model risk globally in alignment with the bank's risk appetite. This includes performing independent model validation, early identification and mitigation of model risks, designing model risk metrics, and implementing a robust model risk management and governance framework. You will support bank-wide model risk-related policies and practices. Your role will involve validating stress testing models used within the CCAR PPNR umbrella for DB USA, requiring an understanding of various aspects of the bank's business across Corporate Banking, Private Banking, and Investment Banking segments. You will be expected to conduct model performance testing, scenario analysis, sensitivity analysis, and conceptual assessments of model assumptions, limitations, and weaknesses. Additionally, you will develop challenger models, automate processes, and enhance frameworks to ensure efficiency. To excel in this role, you should have 2-3 years of professional experience in model development/validation or related areas, with prior exposure to stress testing such as DFAST/CCAR/ICAAP being advantageous. Knowledge of B/PPNR models across different lines of business and the ability to analyze financial statements will be beneficial. Proficiency in statistical techniques, analytical skills, and experience with software packages like R and Python are essential. Strong report drafting skills, along with good presentation and communication abilities, are required. A background in Mathematics, Statistics, Economics, Engineering, or MBA, along with CFA/FRM certifications, will be advantageous. At Deutsche Bank, you will have access to a range of benefits, such as a best-in-class leave policy, gender-neutral parental leaves, childcare assistance, sponsorship for certifications, and comprehensive insurance coverage. Training, coaching, and a culture of continuous learning will support your career progression. Join us in a positive, fair, and inclusive work environment where we strive for excellence together every day. For more information about Deutsche Bank and our teams, please visit our company website: https://www.db.com/company/company.htm. We celebrate the successes of our people and welcome applications from all backgrounds. Together, we are Deutsche Bank Group.,