At a Glance
- Tasks: Lead a dynamic team managing market risk for Credit Trading and structuring.
- Company: Join Deutsche Bank, a leading global bank with a strong commitment to diversity.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and private healthcare.
- Other info: Embrace a culture of continuous learning and career progression.
- Why this job: Make impactful decisions on the trading floor while developing your leadership skills.
- Qualifications: Experience in market risk management and strong analytical skills required.
The predicted salary is between 80000 - 100000 £ per year.
As a Market Risk Manager steering global coverage for the Credit Trading and syndication businesses, you will manage a team whose mission is to achieve effective oversight of one of the largest of Deutsche Bank’s businesses. You will partner with colleagues across the regions to ensure consistency of approach to understand all the possible drivers of Profit and Loss. Working directly on the trading floor to guide 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:
- 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:
- Oversee the Credit Trading businesses, including the proactive engagement and partnering with senior management of these businesses, driving enhancements to risk culture, controls, and risk appetite; engage with the Front Office (FO) desk heads and senior traders with respect to exposures, new business and market activity.
- Manage a team of experienced market risk managers and analysts, with an emphasis on development and coaching, across geographic regions and a hybrid working model; partnering with other Risk management functions such as Market Risk Analysis and Control, Methodology, Portfolio, Market Data and associated Working Groups and Committees.
- Daily monitoring of risk, stress and Value-at-Risk (VaR) exposures against limits, driving both the articulation and adherence to risk appetite.
- Partake on syndication underwritings aside CRM running stress tests, comparable deal pricing review and market analysis. Ensure risk completeness and accuracy, ensuring the limit framework and appetite is commensurate with infrastructure.
- Engage regularly with management and regulators as to the status of the portfolio.
Your skills and experience:
- Solid experience in market risk management, either as a second line (market risk) or as a first line (trading, structuring) of defence.
- Deep understanding of the full suite of credit products, across corporate bonds and loans, securitised products, credit derivatives and structured lending.
- Proven experience in markets-related roles, with great understanding of the impact of financial and economic events on markets and market risk positions.
- Strong technical and analysis skills (Excel, VBA, Python or similar and statistical methods).
- A leader who can build high-performing teams, and establish strong partnerships and working relationships with senior managers in a trading business.
- An excellent written and verbal communicator, able to concisely explain complicated concepts with focus on the ‘so what’ questions.
How we’ll support you:
- Training and development to help you excel in your career.
- Flexible working to assist you balance your personal priorities.
- Coaching and support from experts in your team.
- A culture of continuous learning to aid progression.
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. 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.
Head of Market Risk, Credit Europe in City of London employer: Deutsche Bank
Deutsche Bank is an exceptional employer, offering a dynamic work environment in London that prioritises employee development and wellbeing. With a commitment to hybrid working, competitive salaries, and extensive benefits including private healthcare and generous holiday allowances, employees are supported in achieving a healthy work-life balance. The culture fosters continuous learning and collaboration, ensuring that team members can thrive while contributing to one of the largest businesses in the bank.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Market Risk, Credit Europe in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and risk management sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by practising common questions related to market risk management. Think about how you can showcase your experience with credit products and your leadership skills. We want to see you shine!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show you were engaged and interested.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive and take the initiative to connect directly with us.
We think you need these skills to ace Head of Market Risk, Credit Europe in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Head of Market Risk role. Highlight your experience in market risk management and any relevant skills that match the job description. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this position. Share specific examples of your achievements in market risk and how you can contribute to our team at Deutsche Bank.
Showcase Your Communication Skills:As an excellent communicator, make sure your application reflects that. Use clear and concise language, especially when explaining complex concepts. We appreciate candidates who can articulate their thoughts effectively!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you'll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Deutsche Bank
✨Know Your Market Risk Inside Out
Make sure you brush up on your knowledge of market risk management, especially in relation to credit products. Be prepared to discuss how financial and economic events impact market risk positions, as this will show your depth of understanding and relevance to the role.
✨Showcase Your Leadership Skills
As a Head of Market Risk, you'll need to demonstrate your ability to lead high-performing teams. Prepare examples of how you've successfully managed teams in the past, focusing on development, coaching, and building strong partnerships with senior management.
✨Communicate Clearly and Concisely
Practice explaining complex concepts in simple terms. You’ll need to convey your ideas effectively to both technical and non-technical stakeholders, so focus on clarity and the 'so what' aspect of your discussions.
✨Engage with Real Scenarios
Be ready to discuss real-life scenarios related to risk monitoring, stress testing, and Value-at-Risk (VaR) exposures. Think about how you would approach these situations and be prepared to share your thought process during the interview.
