Job Description
Job Level
• Associate/AVP - Asset and Liability Management (ALM) Specialist
• Location
• Mumbai
• Role: Asset and Liability Management (ALM) Specialist
• Treasury
Treasury at Deutsche Bank is responsible for sourcing, managing, and optimizing Deutsche Bank's financial resources and providing high-quality steering to the Bank on financial resource deployment.
Treasury's fiduciary mandate encompasses the Bank's funding pools, asset and liability management (ALM), liquidity reserves management, and supporting businesses in delivering their strategic targets at the global and local levels. Further, Treasury manages all financial resource optimization to implement the group's strategic objective and maximize long-term return on average tangible shareholders' equity (RoTE).
The current role is part of the Treasury Office in Mumbai. The position requires interactions with all key hubs i.e., London, New York, Frankfurt, and Singapore.
What we will offer you
- As part of our flexible scheme, here are just some of the benefits that you’ll 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
• Function Description:
The Asset & Liability Management (ALM) team inside of Treasury is responsible for Structural risk management for the firm, including Interest Rate Risk in the Banking Book (IRRBB).
• Role Description:
• The core deliverables for the roles are:
- Liaising with Group Strategic Analytics team for model design, development and testing. Then working with the Bank’s technology implementation teams to implement the models, e.g. into QRM.
- Understanding and explaining the implementation of models being used to measure the interest rate and other risks in banking book. Ongoing monitoring and testing of the models.
- Governance of the models developed with regards to model documentation, getting model approvals and ongoing risk assessment.
- Liaising with Model Risk Management to identify and remediate any defects in models and corresponding model enhancements.
- Enhancing existing models to minimize any gaps in product, business and risk coverage.
- Using QRM to get relevant simulation data and performing analysis for interest rate risk measurement
- Understanding NII results under different model parameters and scenarios; and helping team with risk-management decisions
- Involvement in a bank wide, strategic change project with the target to improve the quality of used data
- Create reports, presentations and analyses for senior management
• Your skills and experiences
- University degree with a quantitative focus (Finance, Mathematics, Computer Science, Physics or other life sciences) is of benefit
- At least 2 to 4 years of professional experience in Asset & Liability Management, Risk Management, Modelling or Treasury is a benefit
- Good knowledge in data analysis and processing (either of QRM, SQL, SAS, R or others)
- Ability to work in a team and at the same time keeping track of own responsibilities and to work independently
- Strong written, verbal communication and presentation skills.
- Distinctive analytical and problem solving abilities and a tech-savvy mind set
- Strong ability to manage and prioritize numerous tasks simultaneously
How we will support you
- Training and development to help you excel in your career
- Flexible working to assist you balance your personal priorities
- 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
About us and our teams
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
• Associate/AVP - Asset and Liability Management (ALM) Specialist
• Location
• Mumbai
• Role: Asset and Liability Management (ALM) Specialist
• Treasury
Treasury at Deutsche Bank is responsible for sourcing, managing, and optimizing Deutsche Bank's financial resources and providing high-quality steering to the Bank on financial resource deployment.
Treasury's fiduciary mandate encompasses the Bank's funding pools, asset and liability management (ALM), liquidity reserves management, and supporting businesses in delivering their strategic targets at the global and local levels. Further, Treasury manages all financial resource optimization to implement the group's strategic objective and maximize long-term return on average tangible shareholders' equity (RoTE).
The current role is part of the Treasury Office in Mumbai. The position requires interactions with all key hubs i.e., London, New York, Frankfurt, and Singapore.
What we will offer you
- As part of our flexible scheme, here are just some of the benefits that you’ll 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
• Function Description:
The Asset & Liability Management (ALM) team inside of Treasury is responsible for Structural risk management for the firm, including Interest Rate Risk in the Banking Book (IRRBB).
• Role Description:
• The core deliverables for the roles are:
- Liaising with Group Strategic Analytics team for model design, development and testing. Then working with the Bank’s technology implementation teams to implement the models, e.g. into QRM.
- Understanding and explaining the implementation of models being used to measure the interest rate and other risks in banking book. Ongoing monitoring and testing of the models.
- Governance of the models developed with regards to model documentation, getting model approvals and ongoing risk assessment.
- Liaising with Model Risk Management to identify and remediate any defects in models and corresponding model enhancements.
- Enhancing existing models to minimize any gaps in product, business and risk coverage.
- Using QRM to get relevant simulation data and performing analysis for interest rate risk measurement
- Understanding NII results under different model parameters and scenarios; and helping team with risk-management decisions
- Involvement in a bank wide, strategic change project with the target to improve the quality of used data
- Create reports, presentations and analyses for senior management
• Your skills and experiences
- University degree with a quantitative focus (Finance, Mathematics, Computer Science, Physics or other life sciences) is of benefit
- At least 2 to 4 years of professional experience in Asset & Liability Management, Risk Management, Modelling or Treasury is a benefit
- Good knowledge in data analysis and processing (either of QRM, SQL, SAS, R or others)
- Ability to work in a team and at the same time keeping track of own responsibilities and to work independently
- Strong written, verbal communication and presentation skills.
- Distinctive analytical and problem solving abilities and a tech-savvy mind set
- Strong ability to manage and prioritize numerous tasks simultaneously
How we will support you
- Training and development to help you excel in your career
- Flexible working to assist you balance your personal priorities
- 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
About us and our teams
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
💡 Quick Summary
Seeking a career-building opportunity? The Clm | Avp | |CTL2+7 position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
