Risk Manager

Job ID: R0332890
Full/Part-Time: Full-time


Regular/Temporary: Regular
Listed: 2024-05-24


Location: Mumbai

Position Overview

Job Title - Risk Manager, VP Location \xe2\x80\x93 Mumbai, India Role Description About Chief Risk Office (CRO) The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture.
Deutsche Bank has been named \xe2\x80\x98Bank Risk Manager of the Year\xe2\x80\x99 by the leading publication risk.net for the second consecutive year (2020 & 2021)

About the Wealth Management (WM) business in the Private Bank
Deutsche Bank\'s Wealth Management business is one of the largest wealth managers worldwide. We offer our clients a broad range of traditional and alternative investment solutions, as well as comprehensive advice on all aspects of Wealth Management.
As a trusted partner of wealthy individuals and entrepreneurs, family offices and foundations, we create lasting value for clients.
We specialize in developing bespoke solutions for our clients around the world, for instance wealth planning across successive generations and international borders, asset management with individual risk management, loans and deposits.
All this is possible thanks to our global network, our many years of experience and our close collaboration with the Corporate Bank, Investment Bank and DWS. What we\xe2\x80\x99ll offer you As part of our flexible scheme, here are just some of the benefits that you\xe2\x80\x99ll 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
As part of the team WM Credit Risk Management (CRM) team covering the United States (US) portfolio, - as the \xe2\x80\x9cSenior Credit Officer (Vice President) - Structured Credits and Commercial Real Estate\xe2\x80\x9d, will be to:

• Manage portfolio comprising Structured credits (lending against private equity / art / capital call / unsecured loans etc.) and Commercial Real Estate transaction.
• Review and approve transactions booked under the WM business in US and support the growth of WM\xe2\x80\x99s lending book by managing the risk on a portfolio of WM counterparties in US. Portfolio coverage includes large and complex structured loans (including lending against unlisted / unrated / illiquid securities) as well as regular Margin Lending, Commercial Real Estate deals, Aircraft financing etc.
• Interface directly with front office staff across the WM business division on credit approvals, credit requirements and relationship matters; liaise with clients (where required). Work with the Lending team (1st line of defense) and Relationship Managers to manage risk and try to find an optimal solution especially on challenging asks. Provide timely, transparent communication on the decision-making including risk analysis and approval conditions to the key stakeholders.
• Robustly monitor the portfolio and ensure pockets of risks within the portfolio are timely identified - be well aware of global, regional and local market events and their potential impact on the portfolio. Ensure portfolio quality remains satisfactory, and any risk concentrations and risk limits do not exceed defined risk appetites and are compliant with risk policies and regulations.
• Work with both internal and external auditors to ensure that audits progress smoothly and that any issues raised are resolved promptly.
• Maintain a clean shop with good discipline ensuring trades are properly booked / recorded / covenants and conditions timely monitored / credit terms correctly documented / risk reporting systems contain timely and accurate information.
• Support any ad hoc projects assigned on a regional or global level.

Your skills and experience

• Minimum 10 years relevant work experience in corporate credit and structured finance in major International Financial Institutions.
• Understanding of Wealth Management lending products (including Commercial Real Estate).
• In addition to understanding of loan structures, also possess working knowledge of structured financial products and derivatives (Swaps).
• Familiar with regional/international financial markets and legal & regulatory issues relating to cross border lending transactions.
• Familiar with legal documentation and risk issues including credit mitigating features.
• Strong communication skills (both written and verbal skills) with an ability to write concise reports.
• Have an open mindset and respects challenging views from different stakeholders.
• Possesses analytical skills and an independent decision-maker with ability to support or defend conclusions.
• Team oriented, flexible, diligent, self-motivated and willing to lead and train junior teammates.
• Ability to work effectively with wide range of cultures / personal styles and to establish strong partnership with front office staff.
• Ability to work under pressure and deadlines as well as working with front-office staff in amicable manner.
• Educational qualification (preferable): Bachelor\xe2\x80\x99s or Master\xe2\x80\x99s degree in Engineering, Mathematics, Economics, Statistics, Finance, MBA.
• Programming knowledge will be an added advantage.

How we\xe2\x80\x99ll 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 \xe2\x80\x93 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, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

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