September 17, 2024

Deutsche Bank

Sydney

Risk Manager - VP

Job ID: R0330788

Listed: 2024-09-13

Regular/Temporary: Regular

Location: Sydney

Position Overview

Additional Job Description

Details of the Division and Team:
The primary objective of market risk management is to ensure that business units of the bank optimize the risk-reward relationship and do not expose it to unacceptable losses. This objective drives all of the activities conducted within MRM and we work closely with risk takers, risk managers and control and support groups in the process to ensure these objectives can be met.

What we will offer you:
A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

Competitive salary with superannuation paid over and above fixed pay
4 weeks annual leave, plus one week one-week additional leave*, one week wellbeing leave* and the option to purchase leave (*subject to eligibility criteria)
Parental leave benefits including 26 weeks paid leave for primary carer and 16 weeks paid leave for non-primary carer and Childcare Assistance Payment
A range of benefits including online employee discount program, annual flu vaccinations, discounted private health insurance, employee referral program
Insurance cover for life, total disablement and salary continuance
Matched giving and paid volunteer leave

Your key responsibilities:

Daily monitoring of ANZ risk positions and changes in the portfolio (across all asset classes – Rates, Credit and Equities)
Assist Head of ANZ Market Risk monitor and review overall ANZ risk exposures
Daily review of ANZ economic data, cross-asset class market news and price movements
Report preparation, risk analysis and commentary incl. communication to senior MRM management
Monitor ANZ limits and advise/take action when necessary
Assist in model and methodology awareness and be a key liaison point with model val and methodology staff.
Highlight gaps and weaknesses in current coverage, measurement and/or methodologies
Assist on the preparation for FRTB
Assist with RNIV and RNIEC reviews.
Audit and regulatory inspection preparation

Your skills and experience:

Established experience (2-5 years) in market risk management and exposure to a trading environment will be highly regarded
Ideally will have had exposure to a number of asset classes including Rates, Credit and Equities
A solid understanding of derivatives products, their pricing and risk profiles
Be able to interact and build relationships with both senior trading and risk staff.
A problem solver who is able to work independently
VBA and Python skills desirable

How we’ll support you:

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
Training and development to help you excel in your career

About us and our teams:
Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity:

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.
If you are a trans or gender diverse applicant and require support or a confidential contact during the hiring process please email db Pride Aus NZ@db.com