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- Tasks: Manage market risk for European desks, ensuring effective oversight and support for business initiatives.
- Company: Join Deutsche Bank, a leading German bank with a strong commitment to diversity and inclusion.
- Benefits: Enjoy hybrid working, competitive salary, 30 days' holiday, private healthcare, and flexible perks.
- Why this job: Be part of a dynamic team on the trading floor, driving risk management and supporting growth.
- Qualifications: Solid experience in market risk management or related roles, with critical thinking and data analysis skills.
- Other info: We value diversity and provide reasonable adjustments for those with disabilities.
The predicted salary is between 43200 - 72000 £ per year.
European Rates – Rates Market Risk Manager
European Rates – Rates Market Risk Manager
European Rates – Rates Market Risk Manager
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 activity and 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.
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European Rates - Rates Market Risk Manager | London, UK 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 | London, UK
✨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.
✨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.
✨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 past experiences where you've successfully navigated complex data.
✨Tip Number 4
Research Deutsche Bank's culture and values, particularly their commitment to diversity and inclusion. Being able to align your personal values with theirs can make a strong impression during interviews.
We think you need these skills to ace European Rates - Rates Market Risk Manager | London, UK
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Rates Market Risk Manager position. Tailor your application to highlight relevant experience in market risk management and familiarity with rates products.
Highlight Relevant Experience: In your CV and cover letter, emphasise your solid experience in market risk management or related roles. Provide specific examples of how you've successfully managed risks, particularly in fast-paced environments.
Showcase Critical Thinking Skills: Demonstrate your critical thinking abilities by discussing instances where you've analysed large amounts of data or challenged business decisions. This will show your potential employer that you can think outside the box and contribute to their risk management framework.
Tailor Your Application: Make sure to customise your CV and cover letter for this specific role. Use keywords from the job description, such as 'risk appetite', 'stress testing', and 'Value-at-Risk (VaR)', to ensure your application stands out to recruiters.
How to prepare for a job interview at Deutsche Bank
✨Understand Market Risk Fundamentals
Make sure you have a solid grasp of market risk management principles, especially as they relate to rates products. Be prepared to discuss your experience in monitoring risk exposures and how you've applied these concepts in previous roles.
✨Showcase Your Analytical Skills
Demonstrate your critical thinking abilities by discussing how you've analysed large datasets in the past. Prepare examples that highlight your capacity to identify trends and make data-driven decisions, particularly in fast-paced environments.
✨Familiarise Yourself with Regulatory Frameworks
Brush up on current regulatory initiatives like FRTB and Volcker. Being able to articulate how these regulations impact market risk management will show your depth of knowledge and commitment to compliance.
✨Prepare for Team Management Questions
As this role involves managing a team, be ready to discuss your leadership style and how you've supported the growth of others in your previous positions. Think of specific examples where you've successfully developed team members or improved team dynamics.
