Senior Analyst, MoRM (DIPL)

The Senior Analyst, MoRM (DIPL) position based in Mumbai, India involves actively managing model risk globally in line with the bank's risk appetite. The primary responsibilities include performing independent model validation, identifying and mitigating model risks, designing model risk metrics, implementing a robust model risk management framework, and supporting bank-wide model risk-related policies and practices. This role encompasses validation applicable to estimation approaches within the Deutsche Bank Combined US Operations (CUSO) across various business units and risk types. As a Senior Analyst in Model Risk Management, you will be responsible for validating Stress testing models under the CCAR PPNR umbrella for DB USA. It is crucial to have an understanding of different aspects of the bank's business within Corporate Banking, Private Banking, Investment Banking, and other business segments. The role may involve flexibility in moving across different risk areas within the US model validation team. Key tasks include model performance testing, scenario and sensitivity analysis, assessing model assumptions, developing challenger models, and ensuring compliance with regulatory guidelines and bank policies. The ideal candidate should have 2-3 years of experience in model development/validation, with a preference for previous experience in stress testing such as DFAST/CCAR/ICAAP. Knowledge of B/PPNR models, financial statement analysis, statistical techniques, analytical skills, and proficiency in software packages like R and Python are essential. Strong report drafting skills, presentation abilities, and communication skills are also required. Candidates with backgrounds in Mathematics, Statistics, Economics, Engineering, or MBA are preferred, and additional certifications like CFA/FRM would be advantageous. Experience with Business Intelligence tools and framework development would be a plus. The position offers benefits including a leave policy, parental leaves, childcare assistance, sponsorship for certifications, employee assistance programs, insurance coverage, and health screening. Training, coaching, and a culture of continuous learning are provided to support career development. Deutsche Bank Group promotes a positive, fair, and inclusive work environment and values collaboration and initiative among its employees. For further details about our company and teams, please visit our website at https://www.db.com/company/company.htm. Join us in striving for excellence together every day, acting responsibly, thinking commercially, and celebrating the successes of our people as part of the Deutsche Bank Group. We welcome applications from individuals of all backgrounds to contribute to our diverse and inclusive workplace.,