Deutsche Bank
Stress Testing Across Structured Book to Support US - Assistant Vice President
Deutsche Bank, Jacksonville, FL
Job Description:
Job Title Stress Testing Across Structured Book to Support US
Corporate Title Assistant Vice President
Location Jacksonville, FL
Overview
This role is responsible for setting strategy and criteria for portfolio management and portfolio monitoring to ensure ongoing risk assessment and continued solid portfolio quality as well as early identification of portfolio trends to proactively initiate countermeasures. Additionally, the role is responsible for performing portfolio analysis including stress testing and monitoring of portfolio status to ensure that appropriate portfolio quality and any risk concentrations and risk limits do not exceed defined risk appetites and are compliant with risk policies and regulations. Risk Portfolio Managers define the scope of reports and information/documentation needed in order to conduct quantitative and qualitative portfolio analysis. They are responsible for setting, monitoring and reviewing risk appetites on counterparty/group level, product level, country level, Industry level. They actively support and advise business partners in developing products, processes and policies to pursue the strategy of the respective business propositions.
What We Offer You
What You'll Do
Skills You'll Need
Skills That Will Help You Excel
Expectations
It is the Bank's expectation that employees hired into this role will work in the JAX office in accordance with the Bank's hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in Jacksonville, FL is $78,000.00 to $111,800.00. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.
Deutsche Bank Values & Diversity
We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision
Learn more about your life at Deutsche Bank through the eyes of our current employees https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice please email HR.Direct[redacted]
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
#LI-HYBRID
#LI-ONSITE
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.
Job Title Stress Testing Across Structured Book to Support US
Corporate Title Assistant Vice President
Location Jacksonville, FL
Overview
This role is responsible for setting strategy and criteria for portfolio management and portfolio monitoring to ensure ongoing risk assessment and continued solid portfolio quality as well as early identification of portfolio trends to proactively initiate countermeasures. Additionally, the role is responsible for performing portfolio analysis including stress testing and monitoring of portfolio status to ensure that appropriate portfolio quality and any risk concentrations and risk limits do not exceed defined risk appetites and are compliant with risk policies and regulations. Risk Portfolio Managers define the scope of reports and information/documentation needed in order to conduct quantitative and qualitative portfolio analysis. They are responsible for setting, monitoring and reviewing risk appetites on counterparty/group level, product level, country level, Industry level. They actively support and advise business partners in developing products, processes and policies to pursue the strategy of the respective business propositions.
What We Offer You
- A diverse and inclusive environment that embraces change, innovation, and collaboration
- A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
- Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
- Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
- Educational resources, matching gift and volunteer programs
What You'll Do
- Ongoing calibration, monitoring and management of credit risk appetite across the holistic CRE portfolio for the region
- Engage with Credit Risk Officers to discuss portfolio developments, key trends and risk hot spots
- Coordinate with multiple stakeholders within Credit Risk Management, as well as across the overall Risk Division, other control functions and the Business to provide in-depth portfolio analyses for the holistic CRE portfolio to meet senior management reporting requirements and respond to regulatory requests
- Support the Credit Risk Management department through the production of portfolio analytics and oversight of key report production processes, as well as presentations to the CRM Executive Council
- Lead enhancement efforts on strategic tools used for ongoing risk appetite monitoring
- Manage the annual update of key policies and procedures
Skills You'll Need
- Relevant experience working for a large financial institution, ideally in a Credit Portfolio Management or Enterprise Risk Management function. Prior experience as a Credit Risk Officer and/or within Finance considered a plus
- Knowledge of credit risk concepts such as limits, concentrations, default probability, loss-given-default and other credit risk metrics
- Excellent data analysis skills. Confident in managing and analysing large amounts of information with attention to detail, Strong communication and interpersonal skills with an ability to work collaboratively with multiple teams locally and across the globe
- Strong process improvement skills. Able to troubleshoot and propose solutions. Willingness to own investigations and communicate findings
- Excellent time management and prioritization skills, ability to create and follow a schedule to meet deadlines, Excellent knowledge of standard office applications in particular Microsoft PowerPoint, Excel, and Word. Experience with Business Objects and Tableau a plus
Skills That Will Help You Excel
- Ability to present information in a structured, clear, and concise way
- Ability to work independently and under time pressure
- Respond and prioritize ad-hoc requests from senior management, auditors and regulators
- Support and engage in analysis of the stress testing results for the holistic CRE portfolio
Expectations
It is the Bank's expectation that employees hired into this role will work in the JAX office in accordance with the Bank's hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in Jacksonville, FL is $78,000.00 to $111,800.00. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.
Deutsche Bank Values & Diversity
We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision
Learn more about your life at Deutsche Bank through the eyes of our current employees https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice please email HR.Direct[redacted]
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
#LI-HYBRID
#LI-ONSITE
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.