The Risk division has a fundamental responsibility to protect the Bank. With group-wide responsibility for the management and control of credit, market, operational and reputational risks, we have a unique vantage point which allows us a holistic view of our businesses and our clients. Nearly 4,000 employees work together to achieve our ambition to be an industry-leading risk management organisation.
In an increasingly complex environment, risk management is fast-becoming the most sought after place to build a career within the banking world. Risk at Deutsche Bank is relied upon to help shape the strategy of the organisation and the wider industry agenda.
As the Credit Officer, you will be joining the Business Aligned Risk Management (BRM) team, which is an independent function as 2nd Line of Defence (LOD) to safeguard risk appetite for Wealth Management (WM) via analysing, approving and monitoring credit relevant transactions.
The team is in charge of the WM credit business primarily with North Asia based clients. Responsibilities also comprise BRM related governance and compliance with relevant regulations in various legal jurisdictions (including emerging Markets).
Analysis of risk across the spectrum of private banking products (cash, derivatives) and securities – fixed income, equities, (hedge) funds, etc) from transactional approval to counterparty portfolio assessment
Work closely with the front office's Lending team and Relationship Managers, and support the growth of WM's lending book by managing the risk on a portfolio of private banking counterparties in North Asia
Transparent communication of decision making inc. risk analysis, approval condition
Analyse global, regional and local market events and their impact on the portfolio of counterparties managed
Liaise with clients, interface directly with front office staff across the WM business division on credit approvals, credit requirements and relationship matters
Follow up on trade execution. Ensure trades are properly booked / recorded / monitored, credit terms are incorporated in confirmations / underlying documentation is properly completed
Daily control and exposure management of credit facilities via follow up with front office
Ensuring global risk reporting systems contain timely and accurate information
Support the team in system implementation and in provision of credit data for internal/external audit review
Key skill & qualifications:
2 - 3 years relevant experience in credit analysis in major International Financial Institutions
Basic knowledge of financial analysis inc. balance sheet, cash flows, projections preferred
Product and Derivative (Forex, Swaps, Options, Strategies) knowledge in respect of key Private Banking activities.
Regional counterparty experience preferred
Familiar with regional/international financial markets
Familiar with legal documentation and risk issues, including ISDAs, netting, and credit mitigating features
Strong communicator (both written and verbal skills) with an ability to write concise reports
Ability to work under pressure and interface with front-office staff
Extensive working knowledge of computer applications, particularly Excel, Powerpoint and Word
Strong analytical skills and an independent decision-maker with ability to support conclusions
Team oriented, flexible, diligent, self-motivated
Ability to work effectively with wide range of cultures / personal styles
Ability to work under pressure and deadlines
Deutsche Bank offers a challenging and rewarding career where your contribution is valued and rewarded. We have an inclusive and friendly working environment coupled with excellent facilities and benefits.
Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.
Deutsche Bank does not accept unsolicited curriculum vitae from third party vendors.
Internal Number: 5124789
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