Deutsche Bank UK | Credit Risk Change Business Analyst

Responsibilities

• The aim is to further strengthen the contribution made by the Risk business function in an effort to cement our position as a risk-cognisant, customer-focused and profitable investment bank, including the efficient utilisation of shareholder capital and strong counterparty risk management.
• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year
• You will be joining the Change Team for Counterparty Credit Risk (CCR) which has been established within Deutsche Bank’s Group Strategic Analytics (GSA) department, supporting the Credit Risk Management (CRM) function.
• You will play a key role in improving Deutsche Bank’s internal model method (IMM) and credit limit monitoring framework for potential future exposure (PFE) on derivatives and Security Financing Transactions (SFT).
• Working - we understand that employee expectations and preferences are changing.
• Partner together with Quantitative Analytics, Technology, CCR Strats and Credit Risk Management teams to translate complex risk, modelling and data requirements into practical end-to-end solutions.
• You will quickly build an understanding of the financial and mathematical routines used across derivatives and securities valuation, and apply this knowledge to define effective data flows and business processes.
• Lead or support requirements definition, impact assessment, solution design, testing and implementation.
• Operate across a broad and evolving portfolio of CCR change, including Capital Risk Weighted Assets (RWA), potential future exposure, margin and collateral modelling, model back-testing, wrong-way risk and related regulatory or strategic priorities.
• Translate agreed priorities into clear Agile epics, features, milestones and measurable deliverables.
• Use data and evidence to challenge assumptions, identify delivery risks and ensure that solutions meet business, control and user expectations.
• Use Python and other suitable tools to automate analysis, assess impact runs, improve transparency and make day-to-day change delivery more efficient.

Your skills and experience

• Advanced degree (MSc/“Diplom” or PhD) in a relevant discipline such as Physics, Chemistry, (Business) Mathematics, Computer Science, Finance.
• Experience delivering change within credit or market risk management would be an advantage, supported by a good working knowledge of mathematical finance and Monte Carlo methods.
• Good understanding of capital markets products with the curiosity and commercial awareness to build knowledge across global markets and evolving counterparty risk topics.
• Proficiency in a programming language or tools such as Python, SQL, Unix/Linux shell scripts, XML, Java, C/C++, C#, R/S or similar.
• Excellent interpersonal, communication and stakeholder-management skills, with the ability to connect multiple business areas, manage priorities and maintain effective relationships globally.

Deutsche Bank UK

Deutsche Bank UK is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "A global bank with global opportunities – discover careers with a difference at Deutsche Bank."

Its finance, accounts, audit and tax openings in India are mostly in London.

• Industry: BFSI / Investments / Insurance