Job Title: Equities Market Risk Manager Corporate Title: Assistant Vice President Location: New York, NY
About Deutsche Bank
We are Germany's leading bank with strong positions in Europe and significant presence in the Americas and Asia Pacific. We're driving growth through our strong client franchise, investing heavily in digital technologies, prioritizing long-term success over short-term gains, and serving society with ambition and integrity. We serve our clients' real economic needs in commercial and investment banking, retail banking and transaction banking, and provide ground-breaking products and services in asset and wealth management. That means a career packed with opportunities to grow and the chance to shape the future of our clients.
Market Risk Management (MRM) is responsible for managing market risk within Deutsche Bank. MRM carries out this responsibility in an independent and neutral way, providing a comprehensive and independent view of market risks to Senior Management.
The primary objective of MRM is to ensure that Business units of the Bank optimize the risk-reward relationship and do not expose it to unacceptable losses. This objective drives all of the activities conducted within MRM and we work closely with risk takers, risk managers and Control and Support groups in the process to ensure these objectives can be met.
You will be a member of the Equities Market Risk Management (MRM) Americas team and will be responsible for covering all equity businesses/desks within Americas. Position will report to the Americas head of Equities MRM while being an integral member of the global Equities MRM team.
Engage with different trading desks within GME Americas to understand and discuss drivers of risk profile, risk concentrations and PnL
Provide MRM sign-off on VaR, Economic Capital, PST and Risk Sensitivities
Engage with Derivative desks to discuss stress slide profiles and hedging plans around new trades and upcoming expiries
Perform risk analysis of large/structured equity derivative transactions and formulate preliminary view on trade
Ensure that risks are properly understood and communicated to senior managers
Perform in-depth risk reviews of trading portfolios, term-structure risks and basis risks
Communicate market drivers and major changes in the positions to the MRM senior managers in weekly risk meetings
Take part in Risk Infrastructure projects to improve accuracy/transparency of risks
Participate in requirements specification and provide initial MRM testing and sign-off
Review and provide initial MRM sign-off on data for regulatory submissions like CCAR, Volcker and FED Presentations
Partner effectively with other functional areas like Finance, IPV and within the broader risk organization
Knowledge of US Equity markets and Equity Derivative products
Experience in Risk Management or Capital Markets
Knowledge of market risk management with prior experience in implementing Limits and Portfolio Stress Tests
Strong communication skills with ability to articulate complex issues to management
Strong quantitative skills
Proficiency in Excel, VBA and/or other programs
Team orientated and motivated. Able to cope well under pressure and tight deadlines
Education/Qualifications: Finance, Mathematics, Science or Engineering related degree
Internal Number: 5633051
About Deutsche Bank - US
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