Job Title: Risk Methodology Analyst

Corporate Title: : NCT/Analyst

Location: Mumbai, India

Business/Team Description

Group Strategic Analytics : Analytics and technology are seen as central to all the main units of the bank, including Investment Bank, Corporate Bank and to Risk and Control functions. The Strategic Analytics team combines expertise in quantitative analytics, modelling, pricing and risk management with deep understanding of system architecture and programming. The primary output is a scalable and flexible Front Office pricing and risk management system with consistent interface to both the Middle Office and Back Office. The consistency in analytics and the technology platform ensures that no arbitrage can exist between various parts of the Bank as well as rational allocation of constrained resources, including risk budget, balance sheet, funding, and capital.

Risk Methodology function within Group Strategic Analytics forms a core team within Risk Management to develop models that quantify market and credit risks. Risk Management is responsible for managing fair value risk within Deutsche Bank. Risk management carries out this responsibility in an independent and neutral way, providing a comprehensive and independent view of market risks to Senior Management.

Market Risk Methodology team within Risk Methodology is responsible for the development of DB’s capital models for market risk, including the Value-at-Risk (VaR), Stressed Value-at-Risk, Comprehensive Risk Measure and Economic Capital methodology. Those risk metrics are used both for internal purposes to estimate and control market risk as well as for external purpose since they feed measures such as Risk Weighted Assets – Pillar 1 and Risk Bearing Capacity – Pillar 2.

What we’ll 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
Your key responsibilities

Market Risk

Development of complex processes, framework or risk analysis as well as improvements
Implement, enhance and maintain HS framework to measure market risks across the bank
Remediation of regulatory as well as external and internal findings against the MR HS models in line with the assigned tasks
Enhance the conceptual soundness and robustness of implementation of market risk HS as well as “first line of defense” responsibility for the related model risks and related governance (e.g. facilitating the model risk approvals, Risk not in VAR processes, etc…)
Constant awareness and understanding of the key market risks taken by the business areas and communication to senior management and with external stakeholders, challenge the business within assigned areas when required
Ensure all material risks within assigned areas are captured, stressed appropriately, and reported to senior management
Oversee and engage in production and analysis of regular market risk reports & presentations
Management of large-scale (partial) projects in line with the assigned tasks
Development and improvement of key quantitative models to measure & model market risk taken by the bank
In cooperation with the asset class teams, develop, implement & document complex quantitative models/ processes changes to capture market risk that is not implemented in one of the standard portfolio tools
Represent HS Team on group wide internal working groups, committee’s and projects/forums
Create and maintain strong relationships within risk and key stakeholdersQuality assurance (e.g. 4 eyes principle reviews)
Your skills and experience

Education/ Qualifications:

Masters/PhD in Finance, Engineering, Economics, Statistics or other numerate discipline with excellent project experience and grades in quantitative and numerical coursework
Experience with financial markets in market risk management
Knowledge of theoretical and practical aspects of quantitative finance and quantitative risk management
Knowledge of financial pricing models, risk models would be desirable
Competencies:

Programming skills including proficiency in Excel, VBA, SQL, Python & statistical packages eg Matlab
Extensive analytical skills including a proficiency with mathematical statistics, financial mathematics and derivative pricing
Sound knowledge of key risk measures (e.g. duration, PV01, VaR, EC) & models across asset classes models
Understanding of functional, technical and regulatory requirements for the market risk management function both trading and banking book (e.g. SREP, IRRBB)
Independent handling and mitigating methodological or process weaknesses identified by regulators, auditors and internal model validation team
Excellent knowledge of English language (fluent in written and spoken)
Personal characteristics:

Ability to work independently as well as flexibly within intra or inter-departmental groups
Ability to manage and influence stakeholders across different functions
Continuous advancement of own skills and knowledge
Can-Do attitude & Able to cope well under pressure and tight deadlines
How we’ll 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


https://www.db.com/company/company.htm

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, ****** 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.