Risk Subject Matter Expert (SME)

Deutsche Bank is a client-centric global universal bank. One that is leading change and innovation in the industry - championing integrity, sustainable performance and innovation with our clients, and redefining our culture and relationships with each other.

Overview

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 Bank's resilience. The function identifies aggregates, manages and mitigates risk across the core activities including market risk management, operational risk management and credit risk management, supporting the bank's strategies whilst protecting its capital and regulatory adherence.

Market Risk Management continues to drive forward with the objective of becoming an industry leading function in its field. One part of the journey to the target operating model is the evolution of the Market Risk Analysis (MRA) function. (MRA) will sit alongside colleagues in Market Risk Management and deliver high quality and in depth analysis of all the risk metrics produced. This involves strong understanding of the methodologies underlying Value at Risk (VaR), Stressed Value at Risk (SVaR), Infrastructure Risk Counter (IRC), Risk Weighted Assets (RWA), Stress Testing and the commensurate Regulatory and Economic Capital calculations, coupled with an ability to cross reference the raw positions to analyse and explain the relationship between model input and output.

As Risk Subject Matter Expert (SME) you will be supporting the fundamental review of the trading book (FRTB) to ensure a smooth delivery to the regulators by the end of 2017.

Key Responsibilities:

- Deliver analysis and explanation of Stress testing analysis (VaR), (SVaR), (IRC) and (CRM)
- What if analysis eg (VaR)/(RWA) impact of new trades
- Provide analytical support to Risk Managers to facilitate risk management/business decisions
- Contribute to methodological enhancements, including qualitative impact analysis
- Develop reports to facilitate robust risk management practices

You will have:

- Strong quantitative skills with excellent attention to detail
- Excellent communication skills with the ability to articulate technical and financial topics with stakeholders
- A keen interest in various risk frameworks and how they are interconnected for the bank's capital
- Solid experience in using large datasets with experience in relevant software packages, eg Microsoft Office (MS) Excel, Access, Visual Basic Application (VBA), Structured Query Language (SQL) and Statistical Analysis System (SAS)
- Experience with additional programming languages eg Matrix Laboratory (Matlab) would be an advantage
- Broad financial market and product knowledge, preferable expertise in Credit products

You will be:

- Qualified Association of Chartered Accountant (ACA), Association of Chartered Certified Accounts (ACCA), Chartered Institute of Management Accountants (CIMA), Chartered Financial Accountant (CFA) or have a Relevant Degree or equivalent experience
- A reliable team player with the motivation to work in a international and diverse environment
- A committed and motivated individual for self development and growth

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.

Please note that for the duration of this assignment you will be working as an external resource engaged by Resource Solutions based on site at Deutsche Bank.