Risk Analyst Job in Deutsche Bank

Risk Analyst

Position Overview

• Job Title Risk Analyst

  Location Mumbai

  Market Data Strategy and Analytics (MDSA) is a function within MVRM that is responsible and accountable for the procurement, analysis and governance of historical market data used as inputs in the key risk metric (eg Value at Risk, Economic Capital, Credit Counterparty Risk, Portfolio Stress Test).

  The core mandate of the team is split in three main groups:

• RtB operations, Governance and Optimization: Key responsibilities include procurement of historical market data, perform data quality checks and remediation where required, generation of market data (DB Analytics) objects, Exposure Info and Pricing Info objects for Historical Simulation Full Revaluation, production of key KPIs & governance, optimization of existing processes, face off to regulatory and audit engagements.

Market Data Analytics: Key responsibilities include development of proxy methodologies where historical data does not exist (including new risk factors introduced as a result of IBOR migration), development of approaches for enhanced data quality assessment, specify business requirements for FRTB from a market data perspective (including interplay of ES, NMRF & RTPL), develop analytics supporting gap filling in historical time series and forecasting trends

Market Data Strategy: Key responsibilities include driving discussions between FO, IT and MDSA to define the target market data strategy, both from an architectural and functional perspective, Streamline various market data tools/applications in strategic infrastructure and drive the build out of a central market data utility for multiple users/models, ensure data alignment between FO/GVG and Risk, search for synergies with GVG and FO to drive cost efficiency.

What well offer you

As part of our flexible scheme, here are just some of the benefits that youll enjoy

Best in class leave policy Gender neutral parental leaves 100% reimbursement under child care assistance benefit (gender neutral) Flexible working arrangements Sponsorship for Industry relevant certifications and education Employee Assistance Program for you and your family members Comprehensive Hospitalization Insurance for you and your dependents Accident and Term life Insurance Complementary Health screening for 35 yrs. and above

About us and our teams

Please visit our company website for further information:

How well support you

Your skills and experience

Your key responsibilities

• Training and development to help you excel in your career
• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• 1+ years of experience in a financial markets role preferably in market risk management
• Excellent knowledge of theoretical and practical aspects of quantitative finance and quantitative risk management
• University degree (Master, PhD) in quantitative finance, mathematics, physics, engineering or comparable
• Excellent verbal and written communication skills in English
• Experience in working in a multinational team of highly qualified staff
• Lifting the design of the market data infrastructure to a strategic platform which would support our Full Revaluation capabilities (VaR, CCR, Stress Testing, etc.) while being responsible for dealing with very critical issues and escalations
• Providing quantitative and qualitative justifications for modelling choices, assumptions made, data selection, reliability of model inputs such market data
• quantitative modelling of market risk data using machine learning and statistical techniques including but not limited to:
• development of proxy methodologies for new risk factors (eg IBOR replacements like SOFR, ESTR), data validation and forecasting, development of data filling algorithms
• Validating model choices by theoretical proof and support them with empirical evidence (e.g. statistical analysis of historical market data or back-testing)
• Design and implement market data framework compliant with principles of FRTB, especially interplay of ES, NMRF, RTPL

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 to find out more about diversity and inclusion at Deutsche Bank.