Market Risk Management Portfolio Analyst - Assistant Vice President
Location: New York, New York
Type: Full Time
Internal Number: 20434871
Job Title Market Risk Management Portfolio Analyst
Corporate Title Assistant Vice President
Location New York, NY
Our Market Risk Analysis and Control team provides analytical support for market risk managers and stakeholders (front-office) on statistical models (incl. but not limited to Value at Risk (VaR), Stressed Value at Risk (SVaR), Risk Weighted Assets (RWA) and EC) as well as what-if analysis for new transactions and risk appetite setting on legal entity level. In this role you will work closely with market risk managers and front-office stakeholders on analyzing daily risk moves, portfolio dependencies, and key risk drivers both on portfolio and asset class level. Our team of experts will be there to coach and support your development to ensure you excel in this role.
The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture. Deutsche Bank has been named 'Bank Risk Manager of the Year' by the leading publication risk.net for the second consecutive year (2020 & 2021).
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift, and volunteer programs
What You'll Do
Weekly monitoring/analysis on risk exposures and key metrics (VaR/ PST), as well as ad hoc analysis for senior management use, including interactions with regulators (Federal Reserve Bank (FRB) MAPs meetings, Financial Industry Regulatory Authority (FINRA))
Production and analysis of monthly Risk & Capital Profile reporting (DB USA/DBSI/DBNY/AG Cayman)
Manage quarterly Market Risk identification process, compiling and analyzing the results for input to the annual Comprehensive Capital Analysis Review (CCAR) filing
Coordination and analysis of annual (and ad hoc) Risk Appetite review & calibration across US legal entities. Provide decision documents and rationales for senior management
Participation in quarterly ERM Risk Identification process - assessing likelihood & severity of Portfolio market risks
Support and conduct regular and ad-hoc portfolio analysis across US legal entities for senior management (e.g. intermediate holding company (IHC)/DBSI exposure overlap for DBSI Risk ExCo)
Skills You'll Need
Relevant experience in Credit and Credit Markets, understanding of Financial Markets
Background in market risk, thorough understanding of VaR, Greeks and credit-relevant sensitivities
Strong analytical skills
Excellent communication skills
Skills That Will Help You Excel
Team oriented, flexible, diligent, self-motivated
Ability to work under pressure
Ability to work independently
Strong interpersonal skills
It is the Bank's expectation that employees hired into this role will work in the New York office in accordance with the Bank's hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $85,000 to $140,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration
Deutsche Bank Values & Diversity
We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.
Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision
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Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click here to find out more about our diversity and inclusion policy and initiatives.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .