Collateralised Trading Risk Manager recruitment
A Passion to Perform. It's what drives us. More than a claim, this describes the way we do business. We're committed to being the best financial services provider in the world, balancing passion with precision to deliver superior solutions for our clients. This is made possible by our people: agile minds, able to see beyond the obvious and act effectively in an ever-changing global business landscape. As you'll discover, our culture supports this. Diverse, international and shaped by a variety of different perspectives, we're driven by a shared sense of purpose. At every level agile thinking is nurtured. And at every level agile minds are rewarded with competitive pay, support and opportunities to excel.
Overview:
Deutsche Bank's front office, CBS (Corporate Banking Securities) comprises Corporate Finance and Markets.
Credit Products Group is mandated to facilitate, price and risk manage all second order credit risk in Global Finance and Foreign Exchange (GFFX). This involves:
Pricing credit risk into trades and using other approaches to improve risk adjusted profitability as well as measuring and presenting portfolio credit risk so that macro management decisions can be made. It also involves creating and selling structures (including cross-product margining) that wins business and facilitates cross-selling.
The Credit Products Group is organised into three sub-teams: Credit Valuation Adjustment (CVA) Trading, Special Situations and Collateralised Risk.
Key Responsibilities:
You will coordinate trading, sales and operations actions in times of market or counterparty stress (implementation)
You will work with Sales, Credit Risk Management, Legal, Operations on non-standard new business to make sure risk is properly understood and client pitches are commercial and solutions are efficient (easier pitches)
You will develop the risking approach (especially pricing of collateralised credit risk) and return on risk analytics - including integrating with pricing engines (testing and analysis)
You will analyse risk sensitivities and design margin solutions that both cover risk consistently and are simple and transparent (research and historical analysis, design ideas, create business case)
You will explain the margin approach to customers (selling the benefits of trading with Deutsche Bank) and be able to talk intelligently about their trading strategies and operational issues (selling the firm) (smaller or single product pitches)
You will investigate operational issues and develop solutions which re-engineer processes to eliminate the problems (design, implementation)
The design and implementation of portfolio level risk information tool and creation of senior management risk information that encourages trading to be active in the management of the overall portfolio of risk (analysis, testing)
You will have:
A sound understanding of market risks and pricing
Experience of multiple asset classes and client facing experience (especially hedge funds)
Experience of cross-firm projects and change management experience
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.
Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.