Risk Methodology Lead
Location :
Germany
Job Type :
Key Responsibilities
1. Statistical analyses as part of quantitative credit risk methodology development projects, e.g. related to DB’s IFRS9 and CECL framework
2. Development of PD and LGD projection models for DB’s group-wide stress tests, EBA stress tests and CCAR (Comprehensive Capital Analysis and Review)
3. Development of climate risk modeling approaches for stress testing, scenario analyses and ICAAP
4. Implementation of data processing tools and advanced numerical methods; documentation of modeling concepts, sensitivity analyses and benchmarking analyses
5. Relationship management, i.e. building relationships with key stakeholders and business associates across various departments of the Bank, and active engagement with DB’s external auditors and supervisory authorities
6. Project management of large-scale model development projects
Job Descripition
Group Strategic Analytics (GSA) is Deutsche Bank’s department that combines expertise in quantitative analytics, modeling, pricing, and risk management, with a deep understanding of platform architecture and coding standards. The department also develops firm-wide risk valuation methodologies and provides risk managers with quantitative tools, used e.g. to allocate capital, manage risk appetite and make well-judged credit decisions. Within Group Strategic Analytics, the Credit & Climate Risk Analytics team covers the development of credit loss-projection models and climate risk methodologies, ensuring adherence to regulatory requirements and accounting standards. The mathematical concepts developed by the team are typically designed for application to different use cases and legal entities across the firm. You will work in an international and diverse environment that encourages an open communication, provides a mature feedback culture and offers employees a wide range of options to balance the requirements of the workplace with their personal and family needs.
About Company
Deutsche Bank is the leading German bank with strong European roots and a global network. The bank focuses on its strengths in a Corporate Bank newly created in 2019, a leading Private Bank, a focused investment bank and in asset management. We provide financial services to companies, governments, institutional investors, small and medium-sized businesses and private individuals. Deutsche Bank was founded in 1870 to accompany German businesses into the world, and has worked across borders ever since.