Market Risk Management – Global Rates and Global Credit – VP recruitment

About Deutsche Bank
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.

About Risk
Deutsche Bank is exposed to a number of risks on a daily basis. These range from credit losses, market price volatility and operational failures to liquidity shortages and regulatory and legal matters. Risk is charged with identifying, aggregating, managing and mitigating these risks.
Risk is continually providing new solutions as we keep pace with increasingly complex financial products and ever-changing market dynamics. We place a strong emphasis on specialized training and education. This allows our people to develop the necessary skills to grow and succeed

Summary
The successful applicant is likely to be at vice president level. They will need a solid understanding of the local and regional market place.  Established experience in market risk management is essential and exposure to a trading environment will be highly regarded. 

The individual must have a solid understanding of derivatives products.  They are likely to have come from a quantitative background and possess an intuitive understanding of risk management across the product range.  They must be familiar with the fundamentals around market risk and be able to demonstrate their own understanding and experience with:

1) Price sensitivities, and present values on the basic products
2) Value at risk, statistical measurements
3) Stress testing

There is scope for the successful candidate to act as the deputy to the Head of MRM for Japan, and to eventually take a more active managerial role within the team.

Job Responsibilities
The role requires being the primary point of contact within Market Risk for the Rates and Credit businesses, covering new product approval, stress testing and quantitative analysis of risks in the portfolio.

The role requires interacting with many other departments, and the candidate must be comfortable explaining complex risks to senior management, discussing positions / systems / raising issues with the front office and building strong working relationships with other support departments. They will also be dealing with people across the APAC region and around the globe.

In addition to developing close relationships with the management team of market risk management, the individual must be able to communicate effectively with local senior management. As the successful candidate will also be the primary point of contact in Market Risk for the Japanese regulators, fluency in Japanese and experience in dealing with regulators is important.

Key Competencies
? A strong understanding of derivative products, their pricing and risk profile is a requirement.
? Fluency in both Japanese and English, combined with good communication skills, is essential.
? Ability to work independently with minimal guidance and is also a good team player.
? Be able to interact and build relationships with both senior trading and risk staff.

Qualifications and Experience
? Experience in market risk management is essential.
? Min. 7 years relevant experience, with primary responsibility for Interest Rates businesses.
? University educated, preferably to at least Masters level, in a quantitative discipline.

About the Rewards you can expect
Deutsche Bank offers a challenging and rewarding career where your contribution is valued and rewarded. We have an inclusive and friendly working environment coupled with excellent facilities and benefits.

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

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