Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage market risk for European desks, ensuring effective oversight and daily monitoring.
- Company: Deutsche Bank is a leading German bank with a strong global presence and commitment to diversity.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, private healthcare, and flexible perks.
- Why this job: Join a dynamic team on the trading floor, driving business expansion and risk management innovation.
- Qualifications: Solid experience in market risk management and understanding of rates products required.
- Other info: We value diversity and support inclusive practices for all employees.
The predicted salary is between 43200 - 72000 £ per year.
Job Description:
Job Title European Rates – Rates Market Risk Manager
Location Director
Corporate Title London
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.
As a Market Risk Manager, you will ensure the effective risk management and oversight of Europe Linear, Collateral and Funding and CSS desks. You will join a team of risk managers sitting on the trading floor and directly coordinating with traders and other business partners to help support business expansion initiatives, provide effective daily risk management, help with risk appetite calibrations, stress testing, framework improvement and reporting and strive for efficiency and streamlining of processes.
What we’ll offer you
A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.
You can expect:
-
Hybrid Working – we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
-
Competitive salary and non-contributory pension
-
30 days’ holiday plus bank holidays, with the option to purchase additional days
-
Life Assurance and Private Healthcare for you and your family
-
A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
-
The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year
Your key responsibilities
-
Developing, implementing, and maintaining risk control framework for the Europe Linear, Collateral and Funding and CSS desks
-
Daily monitoring of risk, stress and Value-at-Risk (VaR) exposures, ensuring risk completeness and accuracy (for example by monitoring closely and understanding the P&L drivers every day)
-
Keeping abreast of latest news and possible implications to the markets and the positions that the desk runs
-
Liaising with and challenging the trading desks with respect to exposures, new business and market activityand driving risk management infrastructure development
-
Managing a team of two other market risk managers, supporting their growth and development
-
Assuming full responsibility for the second line of defence of the businesses covered, setting the risk appetite and highlighting, escalating and challenging key risks.
Your skills and experience
-
Solid experience in market risk management, or roles that involve understanding of market risks (such as trading or structuring)
-
Experience and understanding of rates products
-
Critical thinking with ability to understand and analyse large amount of data and think outside the box
-
High standards of integrity and a commitment to ‘doing the right thing’ i.e. ability to challenge the business
-
Experience and ability to work in a fast-paced environment, working with a variety of teams, communicating well and concisely.
-
Familiarity with current regulatory initiatives such as Fundamental Review of Trading Book (FRTB), Volcker, stress testing
How we’ll support you
-
Training and development to help you excel in your career
-
Flexible working to assist you balance your personal priorities
-
A range of flexible benefits that you can tailor to suit your needs
-
We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)
About us
Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.
Deutsche Bank in the UK is proud to have been named The Times Top 50 Employers for Gender Equality 2025 for six consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
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.
#J-18808-Ljbffr
European Rates - Rates Market Risk Manager employer: Deutsche Bank
Contact Detail:
Deutsche Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land European Rates - Rates Market Risk Manager
✨Tip Number 1
Familiarise yourself with the latest regulatory initiatives like FRTB and Volcker. Understanding these frameworks will not only enhance your knowledge but also demonstrate your commitment to staying updated in the field, which is crucial for a Rates Market Risk Manager.
✨Tip Number 2
Network with professionals in the market risk management space, especially those who work with rates products. Engaging in conversations can provide insights into the role and may even lead to referrals or recommendations.
✨Tip Number 3
Showcase your critical thinking skills by preparing to discuss how you would approach analysing large data sets. Be ready to share examples of how you've successfully navigated complex data in past roles, as this is a key aspect of the job.
✨Tip Number 4
Demonstrate your ability to work collaboratively by highlighting experiences where you've liaised with trading desks or other teams. This will show that you can effectively communicate and challenge business activities, which is essential for the role.
We think you need these skills to ace European Rates - Rates Market Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in market risk management and familiarity with rates products. Use specific examples that demonstrate your critical thinking and ability to analyse data.
Craft a Strong Cover Letter: In your cover letter, express your understanding of the role and how your skills align with the responsibilities outlined in the job description. Mention your experience with risk frameworks and your ability to work in fast-paced environments.
Highlight Relevant Skills: Emphasise your high standards of integrity and commitment to risk management. Discuss your experience with regulatory initiatives like FRTB and stress testing, as these are crucial for the role.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at Deutsche Bank
✨Understand the Risk Landscape
Familiarise yourself with the current market risk environment, especially in relation to rates products. Be prepared to discuss recent regulatory changes and how they impact risk management strategies.
✨Showcase Your Analytical Skills
Prepare to demonstrate your critical thinking abilities by discussing how you analyse large datasets. Bring examples of how you've used data to inform risk decisions or challenge business practices.
✨Communicate Effectively
Practice articulating complex risk concepts clearly and concisely. Since you'll be liaising with traders and other teams, being able to communicate effectively is crucial for success in this role.
✨Demonstrate Leadership Experience
If you have experience managing teams, be ready to share specific examples of how you've supported team growth and development. Highlight your ability to set a risk appetite and challenge key risks within a team setting.
