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.
Market Risk Management (MRM) provides an independent view of market risks to Deutsche Bank’s senior management and manages Deutsche Bank’s Market Risk position in an independent and neutral way.
The Market Risk Analysis and Control (MRAC) function is responsible for the provision of all official market risk metrics and core analysis in support of risk management decision making, on behalf of the Market Risk Management department.
The team has a global presence with staff located in London, New York, Berlin, Singapore, Mumbai and Bangalore.
Functionally the team is organised as follows :
This team is divided by business e.g. Equity, Credit, FX, Rates, Emerging Markets, and Treasury etc.
Market Data Strategy and analytics (MDS&A) is a function which consolidates all market data activities and responsibilities under a common leadership within MRM&RM.
The core mandate of the function is to combine all existing activities in the delivery of frameworks, models, processes and controls for market data used in the calculation of our key risk metrics (e.
g. VaR, PST, EC, EPE), across Market Risk Managers, Change, Market Risk Methodology and Portfolio Stress Testing and the Operations team.
The team works with the partners in Technology to define and deliver a target state data and systems architecture for market data.
Furthermore, the Market Data Strategy & Analytics mandate includes responsibility for partnering with other front office and infrastructure partners (e.
g. Finance and Independent Valuations teams) to improve the effectiveness and efficiency of the Bank’s market data framework.
The establishment of Market Data Strategy & Analytics also recognizes the increasing importance of market data and DB tools, techniques and supporting processes & controls to the full revaluation based risk measures the Bank has implemented.
The next phase of embedding these risk measures also requires a strong and sustainable engagement model with front office.
Position Specific Responsibilities and Accountabilities
This role is within a new function being set up in Pune to focus on a number of activities across Metric Production and Analysis, Data Quality and Reporting for individual asset classes and Deutsche Bank as a whole.
The primary responsibilities will be :
Market Data Production :
carlo and Hist Sim methodology, continuous improvement of processes and coordination of changes in market data
Help specify requirements and test functionality for new feed set up, processes and ability to coordinate with Risk-IT for seamless implementation of new data requirements and process enhancements
Experience / Exposure
Experience with additional programming languages is a plus, e.g. Python, Matlab, R, or C++.
Education / Qualifications
Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.
Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.
Deutsche Bank does not accept unsolicited curriculum vitae from third party vendors.