Job
Description
:
In Scope of Position based Promotions (INTERNAL only)
Job TitleRisk Senior Specialist, AVP
LocationMumbai, India
Role Description
Market and Valuation Risk Management (MVRM) provides an independent view of market risks and valuation to Deutsche Banks senior management. Market risk team manages Deutsche Banks Market Risk position in an independent and neutral way.You will be a part of the Market Risk Analysis and Control (MRAC) function within MVRM and will be responsible for the provision of all official market risk metrics and core analysis in support of risk management decision making for Global Foreign Exchange asset class. The team operates a business/asset class and risk metric aligned organizational matrix supported by central functions. The team has a global presence with staff located in London, New York, Berlin, Singapore, Mumbai and Pune.You will be exposed to risk management techniques viz. analysis/computation of VaR, SVaR, Economic Capital, IRC, Backtesting, FRTB for a diverse range of derivative products. The team is also proficient in combining this risk knowledge with best in class automation and visualization skills including python/VBA/Tableau to provide value added analytical outputs to its stakeholdersYou will be expected to be proficient in automation tools (python essentially) with sufficient knowledge of risk to enhance the output of the team.
What well offer you
,100% reimbursement under childcare assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationAccident and Term life Insurance
Your key responsibilities
This is a Lead role in the Credit Asset Class team covering the CVA/XVA/CPM and Credit Trading business. Primary responsibilities would include:Manage the CVA/CPM and Credit Trading Book of Work of the teamRisk validation by working closely with production team based out of PuneReview and understand the historical simulation VaR, SVaR and other metrics such as Economic Capital (EC), FRTB and Backtesting(outlier analysis), including staying abreast of the development of this metric and related driversFacilitating better risk analysis and automated reporting infrastructure to stakeholders using required programming tools (python/Tableau etc.)
is a critical part of profilePerform deep dive analysis into concentrations of risk or emerging items of interest, providing high quality and accurate information at a level for senior management consumptionPerform analytical analysis of our limit to generate proposals for limit changes and for new limitsSupport the analysis and communication of business portfolio level topics to senior management and their committeesWork on automation projects that help improve efficiency and controls.
Your skills and experience
University degree in Finance, Economics, Mathematics or other quantitative subjects.7+ years experience in Market Risk within the Financial Market / Investment Banking industry (other relevant backgrounds e.g. Trading, Product Control, IPV will also be considered)Working knowledge of Python/VBA, Tableau will be added advantageGood understanding of other Market Risk measurement techniques e.g. VaR, RNiV, Economic Capital, IRC.Current or previous work-ex in market risk covering similar businesses (CVA/XVA/Credit) will be a big plusExcellent stakeholder management skills and communication skills; ability to articulate technical and financial topics with global stakeholdersA reliable team player with the motivation to work in a dynamic, international and diverse environmentAble to multi-task and deliver under tight deadlinesA committed and motivated individual for self-development and growth
How well support you
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About us and our teams
Please visit our company website for further information:https://www.db.com/company/company.htm
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.