At a Glance
- Tasks: Join the Change Team to enhance credit risk models and frameworks.
- Company: Deutsche Bank, a leading global bank with a commitment to diversity.
- Benefits: Hybrid working, competitive salary, 30 days holiday, and private healthcare.
- Other info: Inclusive culture with continuous learning and excellent career progression opportunities.
- Why this job: Make a real impact in risk management while developing your skills in a supportive environment.
- Qualifications: Advanced degree in relevant fields and programming skills in Python or similar.
The predicted salary is between 63000 - 77000 £ per year.
This job is with Deutsche Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
Position Overview
You will be joining the Change Team for Counterparty Credit Risk (CCR) which has been established within Deutsche Bank’s Group Strategic Analytics (GSA) department, supporting the Credit Risk Management (CRM) function. GSA combines expertise in quantitative analytics, modelling, pricing, programming, risk management and systems. You will play a key role in improving Deutsche Bank’s internal model method (IMM) and credit limit monitoring framework for potential future exposure (PFE) on derivatives and Security Financing Transactions (SFT). The aim is to further strengthen the contribution made by the Risk business function in an effort to cement our position as a risk-cognisant, customer-focused and profitable investment bank, including the efficient utilisation of shareholder capital and strong counterparty risk management.
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
- Partner together with Quantitative Analytics, Technology, CCR Strats and Credit Risk Management teams to translate complex risk, modelling and data requirements into practical end-to-end solutions.
- You will quickly build an understanding of the financial and mathematical routines used across derivatives and securities valuation, and apply this knowledge to define effective data flows and business processes.
- Operate across a broad and evolving portfolio of CCR change, including Capital Risk Weighted Assets (RWA), potential future exposure, margin and collateral modelling, model back-testing, wrong-way risk and related regulatory or strategic priorities.
- Shape and maintain delivery plans in a fast-moving environment, working across business and technical stakeholders to prioritise outcomes, manage dependencies and respond constructively to changing requirements.
- Translate agreed priorities into clear Agile epics, features, milestones and measurable deliverables.
- Lead or support requirements definition, impact assessment, solution design, testing and implementation.
- Use data and evidence to challenge assumptions, identify delivery risks and ensure that solutions meet business, control and user expectations.
- Use Python and other suitable tools to automate analysis, assess impact runs, improve transparency and make day-to-day change delivery more efficient.
Your skills and experience
- Advanced degree (MSc/“Diplom” or PhD) in a relevant discipline such as Physics, Chemistry, (Business) Mathematics, Computer Science, Finance.
- Experience delivering change within credit or market risk management would be an advantage, supported by a good working knowledge of mathematical finance and Monte Carlo methods.
- Good understanding of capital markets products with the curiosity and commercial awareness to build knowledge across global markets and evolving counterparty risk topics.
- Proficiency in a programming language or tools such as Python, SQL, Unix/Linux shell scripts, XML, Java, C/C++, C#, R/S or similar.
- Excellent interpersonal, communication and stakeholder-management skills, with the ability to connect multiple business areas, manage priorities and maintain effective relationships globally.
- Collaborative, proactive, adaptable and delivery focussed, with a positive approach to managing priorities.
How we’ll support you
- A culture of continuous learning to aid progression.
- 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. 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.
If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on adjustmentsconcierge@db.com to discuss.
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.
Credit Risk Change Business Analyst 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 a range of flexible benefits, employees are empowered to balance their professional and personal lives while engaging in meaningful work within the Financial Institutions Group. The culture fosters continuous learning and inclusivity, ensuring that every team member has the opportunity to thrive and contribute to impactful projects.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Risk Change Business Analyst
✨Tap into Campus Networks
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We think you need these skills to ace Credit Risk Change Business Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Deutsche Bank.
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Research and Reflect:Before hitting that 'apply' button on Deutsche Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Deutsche Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Deutsche Bank.
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Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Deutsche Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Deutsche Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
