Job Description
Position Overview
Job Title- VP - Credit Risk Portfolio Management
Location- Mumbai, India
Role Description
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 sacross the core activities of market risk management, operational risk management and credit risk management, supporting the bank’s strategies whilst protecting its capital and regulatory adherence.
The Exposure Management Group (EMG) is a core function within the Credit Risk Management. The global team is based in 3 locations - London, Jacksonville, and Mumbai. The group is responsible for analyzing pre-deal credit exposures for the whole spectrum of derivative products. The group also performs analysis on counterparty portfolios, highlighting possible extreme movements in MtM driven by market factors and making Credit Risk Management aware of highly structured or highly sensitive transactions. Team’s mandate also includes defining clearing / Prime Brokerage margining methodologies, management of the SPV repack portfolio, and review/approval of IMM methodologies in the credit risk engine.
The team performs comprehensive pre-deal assessment of complex / structured transactions using quantitative/qualitative risk management techniques such as VAR, Potential Future Exposure (PFE), back-testing, scenario / stress testing, dynamic credit hedging & other risk enhancements, and identification of other non-trivial risks. Scope encompasses all Coporate and Investment Banking businesses covering all derivatives/financing products (rates, FX, equity, credit, commodity, emerging markets, structured products).
This may involve working with existing spreadsheet tools or setting up customized tools which use the bank’s internal pricing models. We ensure consistency in approaches among the various locations.
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 childcare assistance benefit (gender neutral)
• 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
• Lead the EMG Mumbai team to ensure objectives are met according to business requirements and in line with the values of the bank.
• Perform analysis of credit risk of individual derivative trades, typically structured, across all products in the firm - fixed income, equities, commodities, emerging markets, asset-backed and foreign exchange for transaction approval and counterparty portfolio assessment.
• Pre-deal trade level initial margin calculation for derivatives & collateral haircut calculation for complex financings
• Daily interaction with credit officers and front office sales, structuring and trading to discuss trade structures
• Perform ad-hoc scenario analyses and stress tests across portfolios of counterparties and business lines.
• Manage escalations related to Initial Margin requirements
• Participate in discussions of risk mitigation for large complex transactions.
• Active involvement with CCR Pre-Deal colleagues globally on transactions, methodology/tool development, and other strategic initiatives
Your Skills And Experience
• Strong mathematical and statistical background but able to simplify complex concepts for a non-technical audience
• Strong derivative product knowledge across all asset classes and knowledge of financial markets, traded products, and risk concepts
• Good understanding of counterparty credit risk both on trade and portfolio level
• Experienced in methodology development for financial products and ability to communicate technical documents to non-technical audiences
• Understanding of various pricing models
• Excellent interpersonal and analytical skills & a team player
• Excellent communication skills, both written and oral
• Ability to multi-task and prioritize resources among various projects
• Good team-working and team management skills
• Comfortable working across different time zones
How We’ll Support You
• Training and development to help you excel in your career
• 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
Please visit our company website for further information:
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.
Click here to find out more about diversity and inclusion at Deutsche Bank
Job Title- VP - Credit Risk Portfolio Management
Location- Mumbai, India
Role Description
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 sacross the core activities of market risk management, operational risk management and credit risk management, supporting the bank’s strategies whilst protecting its capital and regulatory adherence.
The Exposure Management Group (EMG) is a core function within the Credit Risk Management. The global team is based in 3 locations - London, Jacksonville, and Mumbai. The group is responsible for analyzing pre-deal credit exposures for the whole spectrum of derivative products. The group also performs analysis on counterparty portfolios, highlighting possible extreme movements in MtM driven by market factors and making Credit Risk Management aware of highly structured or highly sensitive transactions. Team’s mandate also includes defining clearing / Prime Brokerage margining methodologies, management of the SPV repack portfolio, and review/approval of IMM methodologies in the credit risk engine.
The team performs comprehensive pre-deal assessment of complex / structured transactions using quantitative/qualitative risk management techniques such as VAR, Potential Future Exposure (PFE), back-testing, scenario / stress testing, dynamic credit hedging & other risk enhancements, and identification of other non-trivial risks. Scope encompasses all Coporate and Investment Banking businesses covering all derivatives/financing products (rates, FX, equity, credit, commodity, emerging markets, structured products).
This may involve working with existing spreadsheet tools or setting up customized tools which use the bank’s internal pricing models. We ensure consistency in approaches among the various locations.
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 childcare assistance benefit (gender neutral)
• 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
• Lead the EMG Mumbai team to ensure objectives are met according to business requirements and in line with the values of the bank.
• Perform analysis of credit risk of individual derivative trades, typically structured, across all products in the firm - fixed income, equities, commodities, emerging markets, asset-backed and foreign exchange for transaction approval and counterparty portfolio assessment.
• Pre-deal trade level initial margin calculation for derivatives & collateral haircut calculation for complex financings
• Daily interaction with credit officers and front office sales, structuring and trading to discuss trade structures
• Perform ad-hoc scenario analyses and stress tests across portfolios of counterparties and business lines.
• Manage escalations related to Initial Margin requirements
• Participate in discussions of risk mitigation for large complex transactions.
• Active involvement with CCR Pre-Deal colleagues globally on transactions, methodology/tool development, and other strategic initiatives
Your Skills And Experience
• Strong mathematical and statistical background but able to simplify complex concepts for a non-technical audience
• Strong derivative product knowledge across all asset classes and knowledge of financial markets, traded products, and risk concepts
• Good understanding of counterparty credit risk both on trade and portfolio level
• Experienced in methodology development for financial products and ability to communicate technical documents to non-technical audiences
• Understanding of various pricing models
• Excellent interpersonal and analytical skills & a team player
• Excellent communication skills, both written and oral
• Ability to multi-task and prioritize resources among various projects
• Good team-working and team management skills
• Comfortable working across different time zones
How We’ll Support You
• Training and development to help you excel in your career
• 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
Please visit our company website for further information:
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.
Click here to find out more about diversity and inclusion at Deutsche Bank
💡 Quick Summary
Seeking a career-building opportunity? The VP | Credit Risk Portfolio Management 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.
