At a Glance
- Tasks: Manage credit risk for energy trading, ensuring robust oversight and optimal outcomes.
- Company: Deutsche Bank, a leading global bank with a strong commitment to diversity.
- Benefits: Hybrid working, competitive salary, 30 days holiday, and private healthcare.
- Other info: Opportunities for continuous learning and career progression in a dynamic environment.
- Why this job: Join a new team and make a real impact in the energy trading sector.
- Qualifications: Experience in energy trading credit assessment and strong analytical skills.
The predicted salary is between 70000 - 90000 £ per year.
The Chief Risk Office has group‑wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and for continual development of risk measurement methods, frameworks and a strong risk culture across the bank. The Energy Trading Credit Risk team is a new team established to manage the credit risk arising from Deutsche Bank’s expanding energy trading business. As a senior Credit Officer you will handle approvals for all credit exposure resulting from energy trading transactions covering oil, natural gas, emissions and UK and US power. You will provide expert guidance, propose risk‑mitigating structures and approval/decline decisions for proposed transactions, and partner closely with Front Office, Market Risk, Legal and Senior CRM Management to ensure robust, forward‑looking risk oversight and optimal risk/return outcomes.
Benefits
- Hybrid Working – eligible employees may work remotely part of the time.
- 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 and 2 days’ volunteering leave per year.
Key Responsibilities
- Setting and monitoring counterparty credit limits and ratings.
- Performing detailed credit analysis – reviewing due diligence/counterparty profiles and transaction request memos.
- Reviewing documentation terms including proposing appropriate risk‑mitigation.
- Approving/declining transactions within delegated individual credit authority and providing recommendations to Senior CRM committees/risk approvers for larger exposures.
- Managing the end‑to‑end credit lifecycle of individual transactions/counterparties – including onboarding, limit setting, exposure monitoring and early warning identification.
- Portfolio monitoring, including identification of emerging risks/trends across the portfolio and assessment of concentration risks.
- Interfacing with senior management, business unit, internal and external regulators and other key stakeholders.
- Driving continuous improvement in processes, analytics and reporting capabilities.
- Supporting digitalisation/AI initiatives in this area and supporting any internal and external audit engagement.
Skills and Experience
- Extensive relevant energy trading credit assessment experience.
- Solid analytical skills, including derivatives transaction structuring, financial modelling / forecasting.
- Demonstrated ability to manage multiple priorities and complex projects in a fast‑paced environment.
- Exceptional verbal and written communication skills, with the ability to articulate complex financial concepts to diverse audiences.
How we’ll support you
A culture of continuous learning to aid progression. We value diversity and, as an equal‑opportunity 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).
EEO Statement
We welcome applications from all people and promote a positive, fair and inclusive work environment.
About us
Deutsche Bank is the leading German bank with strong European roots and a global network. Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers. For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division.
