• Job Description

  Req#: R0246739

  Job Description:

  Job Title Market Risk Manager

  Location London

  Corporate Title Vice President

  The Chief Risk Office (CRO) 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).

  You will be responsible for global coverage of Metals within the Global Foreign Exchange business, and work within a team whose mission is to achieve the effective build-out and oversight of Deutsche Bank’s re-entry into the Base Metals trading business.

  What we’ll offer you

  A healthy, engaged, and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

  You can expect:

  • Hybrid working arrangements with the opportunity to work in the office and remotely from home

  • Competitive salary and non-contributory pension

  • 30 days’ holiday plus bank holidays, with the option to purchase additional days

  • Life Assurance and Private Healthcare for you and your family

  • A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits

  • The opportunity to support a wide-ranging CSR programme + 2 days’ volunteering leave per year

  Your key responsibilities

  • Daily monitoring of risk, stress, and Value-at-Risk exposures against limits, driving both articulation and adherence to risk appetite

  • Support other Risk management functions, ensuring full suite of valuation processes, risk metrics, infrastructure, and controls are developed and implemented to support the commercial build-out of the Metals business

  • Engage and challenge Front Office desk heads and senior traders with respect to exposures, valuations, new business, market activity, risk culture, controls, and risk appetite; escalate risk exposures/issues as required to senior management within the CRO function

  • Ensure risk completeness and accuracy, ensure the limit framework and appetite is commensurate with infrastructure, and develop and implement the Risks-not-in framework

  • Market Risk Management: highlighting key risks and new important trades/products and escalating emerging risks, concentrated positions, and any risk position that is particularly vulnerable to plausible stress scenarios or current market conditions

  Your skills and experience

  • Experience in market risk management, either within the second line (market risk) or first line (trading, structuring). Additional experience in roles in any of valuations, market data, or risk methodology is required

  • Knowledge of Metals products and markets desirable, but more importantly a willingness to learn and grow in the space, and bring to bear your exceptional analytical, pricing, modelling, and data management skills to building out the Metals risk controls and infrastructure

  • Experience in markets-related roles, with solid understanding of the impact of financial and economic events on markets and market risk positions

  • Strong technical and analysis skills (dbAnalytics, Excel, Visual Basic Application or similar, statistics, time series. Knowledge of Python and SQL desirable)

  How we’ll support you

  • 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

  • We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (for example, screen readers, assistive hearing devices, adapted keyboards)

  About us and our teams

  Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

  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.

  Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.

• About the company

  The bank's network spans 58 countries with a large presence in Europe, the Americas and Asia.

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