Job Description: In Scope of Position based Promotions (INTERNAL only)
Job Title: Risk Specialist
Location: Mumbai, India
Role Description
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ket and Valuation Risk Management (MVRM) provides an independent view of ket risks and valuation to Deutsche Bank s senior management. ket risk team manages Deutsche Bank s ket Risk position in an independent and neutral way.
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The ket Risk Analysis and Control (MRAC) function is responsible for the provision of all official ket risk metrics and core analysis in support of risk management ision making, on behalf of the ket Risk Management department. The team has a global presence with staff located in London, New York, Berlin, Singapore, Mumbai and Pune. The team operates a business/asset class and risk metric aligned organizational matrix supported by central functions.
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The role is with the Production Enhancement team which is one of the central function teams responsible to execute projects and productionize processes on behalf of MRAC. The team is also proficient in combining this risk knowledge with best-in-class automation and visualization skills including python/Tableau to provide value added analytical outputs to its stakeholders. You will be expected to be proficient in automation tools with sufficient knowledge of risk to enhance the output of the team.
What we ll offer you
As part of our flexible scheme, here are just some of the benefits that you ll enjoy
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Best in class leave policy
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Gender neutral parental leaves
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100% reimbursement under childcare assistance benefit (gender neutral)
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Sponsorship for Industry relevant certifications and education
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Employee Assistance Program for you and your family members
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Comprehensive Hospitalization Insurance for you and your dependents
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Accident and Term life Insurance
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Complementary Health screening for 35 yrs. and above
Your key responsibilities
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Execute bank wide strategic change projects for ket Risk function that involves migration of risk & pnl valuation platforms (Economic Capital/VaR migrations) or regulatory projects (FRTB IMA implementation)
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Design and implement production processes for ket risk metrics undergoing change by ensuring correct risk validation and controls in place. Collaborate with technology team to ensure Straight Through Processing (STP) and maximum automation of process and reporting.
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Provide analytical support to Risk Managers/Methodology to facilitate risk management / business isions.
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Contribute to methodological enhancements, including model itoring. Applying experience and subject matter expertise to perform run-the-bank tasks such as VaR impact and continuous improvement of processes and controls.
Your skills and experience
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Educated to Bachelor s degree level or equivalent qualification/work experience.
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5-6 years experience in ket Risk within the Financial ket / Investment Banking industry (other relevant backgrounds e. g. Trading, Product Control, IPV will also be considered)
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In depth understanding of ket Risk measurement techniques e. g. , VaR, ES
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Good product knowledge of derivatives and pricing in at least one asset class - Equity, Credit, Rates, FX, Commodities.
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Excellent communication skills; ability to articulate technical and financial topics with global stakeholders.
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A reliable team player with the motivation to work in a dynamic, international and diverse environment. Strong interpersonal skills and ability to work across multi-functional teams in a collaborative way as well as experience in dealing with senior stakeholders.
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Experience of working on Agile framework and JIRA management.
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Able to multi-task and deliver under tight deadlines.
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A committed and motivated individual for self-development and growth
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Certification such as FRM or CFA is preferred.
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What about knowledge of change frameworks (waterfall vs agile etc)
How we ll support you
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Training and development to help you excel in your career.
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Coaching and support from experts in our team
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A culture of continuous learning to aid progression.
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A range of flexible benefits that you can tailor to suit your needs