Senior Regulatory Control Advi Job in Deutsche Bank

Counterparty Credit Risk

Position Overview

Job Title-VP- Counterparty Credit Risk

Location Mumbai

In an ever-changing financial landscape, the role of the Risk division has never been more important. A strong risk management culture helps to reinforce Deutsche Banks resilience. The function identifies, aggregates, manages and mitigates risk across the core activities of market risk management, operational risk management and credit risk management, supporting the banks strategies whilst protecting its capital and regulatory adherence.

The Credit Risk Analysis Team is a core function within the Credit Risk Portfolio Management team of the overall Risk division. It works closely with other areas in Risk and Finance. The team is responsible for the following:

• Manage and maintain a robust and well controlled calculation process to ensure timely provision of complete and accurate counterparty credit risk (CCR) exposure data, meeting the requirements of various key consumers and stakeholders
• Coordinate and manage the governance and oversight of all CCR measurement related issues, including ownership of the CCR Governance committee (reporting into RCC)
• Ownership and management of efficient and effective IT infrastructure supporting the CCR exposure calculation, including strategic planning, change management, and appropriate IT investment governance
• Own and manage the relationship with relevant regulators (principally the ECB / JST, but including all other regulatory interaction in the CCR measurement space) regarding CCR exposure measurement, including leading and coordinating the Banks efforts to ensure demonstrable compliance with all relevant regulations

The team is located in Mumbai and has a close collaboration to teams in London and Berlin.

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

Position Description:

• Lead a team of 3-4 analysts who monitor risk movements and work closely with colleagues in GTB and Risk on analysis of exposure data and processes.
• Work closely with Methodology and Change teams on implementation of new regulatory requirements and analyze the impact on DB Group and respective business area.
• Perform calibration of the monte-carlo path generation used for the CCR exposure calculation process.
• Perform regular controls for internal governance.
• Support adaptation of processes / service according to change in regulation.
• Keeping abreast of regulatory guidance and industry best-practice concerning CCR exposure calculations and related areas, ensuring that DB is at the fore-front of new developments.
• Assisting IT partners in implementing newly developed models, processes and controls in production environment.
• Working in close coordination with other team heads in Berlin and London to prioritize work in team

Your qualifications:

Education and Experience:

• MSc in Mathematics / Statistics / Physics / Econometrics / Engineering / IT/ MBA finance
• Strong mathematical/programming background, ideally in the field of statistics or financial mathematics or computer science.
• Good knowledge of CCR exposure models and counterparty risk measures (EPE, PFE, AEE, CVA).

Competencies:

• Leadership capabilities; prior experience in team management
• Attention to detail, analytical / structured thinking,
• Strong problem solving skills.
• Strong IT / data management skills plus experience with relevant software packages, ideally SAS / Excel / VBA / SQL / Python
• Good knowledge in quantification of financial products (including derivatives) and credit risks
• Interpersonal skills and an ability to work across locations and liaise effectively at all levels of the business.
• Ability to work as part of a team across locations.
• Result oriented and highly motivated.

Other skills:

• Strong written and verbal communication skills in English
• Must be a self-starter and pro-active in bringing new ideas and solutions to the table
• Must demonstrate ability to manage own time efficiently and effectively, and be able to multitask, absorb ideas and facts quickly, while maintaining a strict eye for detail
• Ability to apply entrepreneurial skills to develop processes and activities
• Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

How well support you

• e.g. Training and development to help you excel in your career
• e.g. Flexible working to assist you balance your personal priorities
• e.g. Coaching and support from experts in your team
• e.g. A culture of continuous learning to aid progression
• e.g. A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

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.