POSITION OVERVIEW

Job Title: Market Risk Manager, CPM (Counterparty Portfolio Management)
Location: London
Corporate Title: Vice President
The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture.
As a Market Risk Manager, you will be responsible for global coverage of Counterparty Portfolio Management (CPM), you will work within a team whose mission is to achieve the effective oversight of the central X – Value Adjustments (xVA) management and capital hedging desk.

YOUR SKILLS AND EXPERIENCE

• Math(s), Sciences, Finance, Business, or other relevant degrees preferred. Masters or higher education is an advantage.
• Experience in market risk management, either within the second line (market risk) or first line (trading, structuring). Prior asset class experience in xVA, counterparty risk or traded credit is preferred. Experience in roles such as valuation or credit risk will be considered, if the candidate can show a great understanding of the market risks arising from trading positions.
• Firm understanding of credit, FX, interest rate, and commodity derivative products and related risk methodologies. Ability to understand and explain the impact of financial and economic events on markets and market risk positions.
• Knowledge/Experience with capital requirement regulations would be advantageous
• Technical skills in Python, Tableau or similar applications is preferred

ABOUT US

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.
Deutsche Bank in the UK is proud to have been named in The Times Top 50 Employers for Gender Equality 2024 for five 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

• Daily monitoring of risk and exposures and driving both the articulation and adherence to risk appetite. This includes ensuring risk completeness and accuracy and that the limit framework and appetite is commensurate with infrastructure and develop and implement the Risks-not-in framework
• Engage and challenge Front Office (FO) desk heads and senior traders with respect to exposures, new business, market activity, risk culture, controls, and risk appetite; escalate risk exposures and issues as required to senior management within the Chief Risk Office (CRO) function. This would include building out risk management tools appropriate for CPM portfolios to identify potential losses not captured in the standard metrics.
• Partner with other Risk management functions such as Market Risk Analysis and Control, Methodology, Portfolio, Market Data and associated Working Groups and Committees