At a Glance
- Tasks: Manage market risk for the European Rates business and monitor daily risk exposures.
- Company: Join a leading bank focused on employee development and wellbeing.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and private healthcare.
- Why this job: Be part of a dynamic team on the trading floor, influencing business growth.
- Qualifications: Experience in market risk management or related roles; strong numerical skills required.
- Other info: Opportunity for training, development, and volunteering leave.
The predicted salary is between 54000 - 84000 £ per year.
Location London
Corporate Title Vice President
As a Market Risk Manager covering the European Rates business, you will ensure the effective risk management and oversight of a growing business.
You will partner with colleagues who focus on Valuation management to raise the level of Market Risk awareness across the function and ensure understanding of all the possible drivers of Profit and Loss, including the complicated cross risk dynamics.
Working directly on the trading floor within a very dynamic and cooperative team, your decisions will ensure we can successfully support business growth within the bank’s Risk Appetite.
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 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
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)
Developing and implementing new stress testing analyses to enhance, for example, the complex tail risk profiles that the desks can run.
Keeping abreast of latest news, political events and possible implications to the markets, and aligning that to the positions that the desks run.
Ensuring internal and external governance policies are being effectively applied
Liaising with trading desks with respect to exposures, new business and market activity
Experience in market risk management, either as a second line (market risk) or as a first line (trading, structuring) of defence, Rates (Linear / Non-Linear). Experience in roles such as valuation will be considered, if the candidate can show a great understanding of the market risks arising from trading positions.
Experience in markets-related roles, with concrete understanding of how various financial and economic events on markets can directly impact risk positioning, especially for more complex product sets.
Numerical skills and ability to understand and represent data, in Excel and/or Python
Experience and ability to work in a fast-paced demanding environment, working with a variety of teams, communicating well and concisely.
How we’ll support you
Training and development to help you excel in your career
Flexible working to assist you balance your personal priorities e.g. Coaching and support from experts in your team
Risk Senior Lead employer: Deutsche Bank AG
Contact Detail:
Deutsche Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Senior Lead
✨Tip Number 1
Familiarize yourself with the latest trends and news in the European Rates market. This knowledge will not only help you understand the current landscape but also demonstrate your proactive approach during discussions with our team.
✨Tip Number 2
Brush up on your numerical skills, especially in Excel and Python. Being able to analyze and represent data effectively is crucial for the role, and showcasing these skills can set you apart from other candidates.
✨Tip Number 3
Network with professionals in market risk management. Engaging with others in the field can provide insights into the role and may even lead to valuable connections within our organization.
✨Tip Number 4
Prepare to discuss your experience in both first and second line of defense roles. Highlighting your understanding of market risks and how they relate to trading positions will be key in demonstrating your fit for the position.
We think you need these skills to ace Risk Senior Lead
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Risk Senior Lead position. Familiarize yourself with market risk management concepts, especially related to European Rates.
Tailor Your CV: Customize your CV to highlight relevant experience in market risk management, particularly any roles that involved trading or valuation. Emphasize your numerical skills and ability to work in fast-paced environments.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and how your background aligns with the company's needs. Mention specific experiences that demonstrate your ability to manage risk and support business growth.
Highlight Team Collaboration: In your application, emphasize your experience working collaboratively with various teams. Provide examples of how you've effectively communicated and partnered with colleagues to enhance risk awareness and management.
How to prepare for a job interview at Deutsche Bank AG
✨Understand Market Risk Dynamics
Make sure you have a solid grasp of market risk management principles, especially in relation to the European Rates business. Be prepared to discuss how various financial and economic events can impact risk positioning.
✨Showcase Your Analytical Skills
Demonstrate your numerical skills and ability to analyze data effectively. Be ready to provide examples of how you've used tools like Excel or Python to monitor risk exposures or develop stress testing analyses.
✨Communicate Clearly with Examples
Since the role involves liaising with trading desks, practice articulating your thoughts clearly and concisely. Use specific examples from your past experiences to illustrate your communication skills and teamwork.
✨Stay Updated on Market Trends
Familiarize yourself with current news and political events that could affect the markets. Be prepared to discuss how these factors might influence the positions that trading desks run and the overall risk landscape.