At a Glance
- Tasks: Manage credit risk for financial institutions and approve transactions in a dynamic environment.
- Company: Deutsche Bank, a leading global bank with strong European roots.
- Benefits: Hybrid working, competitive salary, 30 days holiday, and private healthcare.
- Why this job: Join a diverse team and make impactful decisions in the finance sector.
- Qualifications: Degree or equivalent experience in managing financial institution credit risk.
- Other info: Continuous learning culture with excellent career progression opportunities.
The predicted salary is between 36000 - 60000 £ per year.
The Financial Institution (FI) Credit Officer will be responsible for assisting in managing Deutsche Bank’s counterparty credit risk to Americas/European based FI’s. You will have your own dedicated portfolio, spanning a broad range of different types of FI’s, and will be responsible for approving transactions, as well as reviewing and monitoring the counterparties on an ongoing basis. The team reports ultimately into the Global Head of FI’s Credit, based in New York. FI Credit Risk Management provides credit risk management and oversight across Deutsche Bank’s business activities with North American and European FIs.
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:
- Undertaking initial credit due diligence for new clients to fully understand their credit profile, and the intended business activity.
- Preparing all credit reports and supporting materials in manner consistent with Bank policies and procedures.
- Assessing credit quality of the sectors in question.
- Playing a key role in the legal documentation process to ensure that appropriate credit covenants/ATEs are included in legal agreements.
- Participating and contributing to discussions on portfolio strategies, limit setting, credit policy, etc.
- Reviewing day-to-day transaction approvals received from sales teams across the bank, and analysis of more bespoke structured transactions.
Your skills and experience:
- Degree level education or equivalent work experience.
- Relevant industry experience in managing FI credit risk.
- Product knowledge should cover major derivative instruments, securities financing, as well as more traditional lending products, including financing engagements involving investment banking mandates.
- Understanding of master trading documentation, particularly International Swaps and Derivatives Association (ISDA), Global Master Repo Agreements (GMRA), Master Securities Lending Agreement (MSLA).
- A confident decision maker able to competently explain the reasoning, which supports credit decisions.
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.
- 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).
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.
Developed Markets Financial Institutions Credit Officer in London employer: Deutsche Bank
Contact Detail:
Deutsche Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Developed Markets Financial Institutions Credit Officer in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your relevant experience.
✨Tip Number 4
Don’t forget to follow up after your interview! A simple thank-you email can go a long way in leaving a positive impression. Plus, it shows your enthusiasm for the role and keeps you on their radar.
We think you need these skills to ace Developed Markets Financial Institutions Credit Officer in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Developed Markets Financial Institutions Credit Officer. Highlight relevant experience in managing FI credit risk and any specific product knowledge that aligns with the job description.
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 role. Mention your understanding of credit risk management and how your skills can contribute to Deutsche Bank’s success.
Showcase Your Decision-Making Skills: In your application, emphasise your ability to make confident decisions. Provide examples of past experiences where you’ve successfully assessed credit quality or navigated complex financial situations.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way to ensure your application gets the attention it deserves, and we can’t wait to see what you bring to the table!
How to prepare for a job interview at Deutsche Bank
✨Know Your Credit Risk Fundamentals
Make sure you brush up on your understanding of credit risk management, especially in relation to financial institutions. Be prepared to discuss how you would assess credit quality and the factors that influence your decision-making process.
✨Familiarise Yourself with Key Documentation
Get comfortable with master trading documentation like ISDA and GMRA. Being able to explain these concepts clearly will show that you have the technical knowledge needed for the role and can navigate complex legal agreements.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to evaluate hypothetical credit situations or transactions. Practise articulating your thought process and decision-making criteria, as this will demonstrate your analytical skills and confidence.
✨Showcase Your Collaborative Spirit
Since the role involves working closely with sales teams and contributing to portfolio strategies, be ready to share examples of how you've successfully collaborated in the past. Highlight your ability to communicate effectively and work as part of a team.