Risk Methodology Senior Lead

Job Title Risk Methodology Lead

Corporate Title Vice President

Location New York, NY

Overview

Our Group Strategic Analytics - Risk Methodology group is responsible for cutting-edge modeling methods and technology that transforms the way that we work. We are seeking a Risk Methodology Lead, based in New York, to support state-of-the-art model development practices. You will lead the development and execution of Corporate Bank and Treasury IR Swap B/PPNR models; ensure accurate and timely forecasts for CCAR; lead junior members of the team; serve as the deputy lead for Banking Book modeling team as necessary.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration.
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs

What You'll Do

• Lead Corporate Bank and Treasury IR Swap B/PPNR modeling effort.
  • Develop and enhance models as per business requirements (Knowledge of statistics and time-series models is required)
  • Perform ongoing model monitoring of the PPNR models; execute the models in timely manner to support CCAR production cycles
• Develop and enhancement B/PPNR models for interest rate hedging derivatives (Derivative analytics and Interest Rate Risk Banking Book analytics knowledge preferred.)
  • Be able to leverage derivative pricing engine (e.g., Kannon) for model development efforts
• Work with 2nd and 3rd lines of defense teams to address findings
• Work with the Technology team to implement new models and perform changes to existing models (familiarity with Python or R is required)
• Guide the day-to-day activity of the Corporate Bank modeling team
• Support CCAR and other risk methodology efforts

How You'll Lead (VP and above)

• Provide day to day guidance for the Corporate Bank modeling team and help coordinate and resolve issues within your team
• Work and coordinate with:
  • 2nd and 3rd lines of defense on resolving findings;
  • the Technology team on model implementation efforts
• Candidate will work and coordinate with Finance, Business lines and other key stakeholders on addressing business and management feedbacks

Skills You'll Need

• In-depth knowledge with financial or risk modeling areas.
• Familiarity with Time-Series and statistical modelling techniques
• Technical/conceptual understanding with programming language (e.g., Python / R).
• Bachelor's degree in finance or quantitative fields required; Advanced degree preferred.

Skills That Will Help You Excel

• Experience with B/PPNR modelling or stress testing models
• Strong understanding of regulatory modeling governance processes
• Derivative analytics and Interest Rate Risk Banking Book analytics knowledge
• Prior management experience (2+ years)

Expectations

It is the Bank's expectation that employees hired into this role will work in the New York City office in accordance with the Bank's hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability, pregnancy, and/or religion.

The salary range for this position in New York City is $180,000 to $250,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.

Deutsche Bank Culture

Our working culture is inclusive and embraces a variety of perspectives, insights and backgrounds to drive innovation. We build talented diverse teams and encourage our people to develop to their full potential. We pursue a working environment where everyone feels authentic and a sense of belonging. Talk to us about flexible work arrangements and other initiatives.

We promote strong relationships and encourage high standards of performance and conduct. We welcome applications from people of all backgrounds and are committed to providing an inclusive, fair and equitable working environment.

Visit Inside Deutsche Bank to discover more about our culture and values including Diversity, Equity & Inclusion, Leadership, Learning, the Future of Work and more.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

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We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights ; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .

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Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act;Employee Polygraph Protection ActandPay Transparency Nondiscrimination Provision.