Risk Senior Lead

Job Description:

Job Title Risk Senior Lead

Location London

Corporate Title Vice President

As a Market Risk Manager covering the European Rates business, you will ensure the effective risk management and oversight of a growing business. 

You will partner with colleagues who focus on Valuation management to raise the level of Market Risk awareness across the function and ensure understanding of all the possible drivers of Profit and Loss, including the complicated cross risk dynamics.

Working directly on the trading floor within a very dynamic and cooperative team, your decisions will ensure we can successfully support business growth within the bank’s Risk Appetite.

What we’ll offer you

A healthy, engaged and well-supported workforce are 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 centre.

You can expect:  

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them

• Competitive salary and non-contributory pension

• 30 days’ holiday plus bank holidays, with the option to purchase additional days

• Life Assurance and Private Healthcare for you and your family

• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits

• The opportunity to support a wide-ranging CSR programme + 2 days’ volunteering leave per year

Your key responsibilities

• Daily monitoring of risk, stress and Value-at-Risk (VaR) exposures, ensuring risk completeness and accuracy (for example by monitoring closely and understanding the P&L drivers)

• Developing and implementing new stress testing analyses to enhance, for example, the complex tail risk profiles that the desks can run.

• Keeping abreast of latest news, political events and possible implications to the markets, and aligning that to the positions that the desks run.

• Ensuring internal and external governance policies are being effectively applied

• Liaising with trading desks with respect to exposures, new business and market activity

Your skills and experience

• Experience in market risk management, either as a second line (market risk) or as a first line (trading, structuring) of defence, Rates (Linear / Non-Linear). Experience in roles such as valuation will be considered, if the candidate can show a great understanding of the market risks arising from trading positions.

• Experience in markets-related roles, with concrete understanding of how various financial and economic events on markets can directly impact risk positioning, especially for more complex product sets.

• Numerical skills and ability to understand and represent data, in Excel and/or Python

• Experience and ability to work in a fast-paced demanding environment, working with a variety of teams, communicating well and concisely.

How we’ll support you

• Training and development to help you excel in your career

• Flexible working to assist you balance your personal priorities e.g. Coaching and support from experts in your team

• A culture of continuous learning to aid progression

• We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named in The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

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.