Job Title: Credit Risk Portfolio Manager
Corporate Title: Assistant Vice President - Vice President
(ALL ROLES TO BE CONSIDERED)
Location: New York, NY
Overview
The U.S.CRM Portfolio Management (US CRM PM) team complements the Deutsche Bank Group CRM Portfolio Management function by managing and monitoring credit risk across the Deutsche Bank Combined U.S. Operations (CUSO) portfolios. Key responsibilities include the calibration & managing of credit risk appetite. Including concentration risk along single obligor, country, industry, and asset class dimensions.
The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture. Deutsche Bank has been named 'Bank Risk Manager of the Year' by the leading publication risk.net for the second consecutive year (2020 & 2021).
What We Offer You:
We offer competitive health and wellness benefits, empowering you to value life in and out of the office
Retirement savings plans, parental leave, and other family-friendly programs
An environment that encourages networking and collaboration across functions and businesses
Active engagement with the local community through Deutsche Bank's specialized employee groups
Return to Office:
At this time, all individuals present in the location must be fully vaccinated for Covid-19
It is the Bank's expectation that employees hired into this role will work in the New York 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
Hear from our people and look inside our office:
Your Key Responsibilities:
Ongoing calibration, monitoring, and management of credit risk appetite across multiple US entities / portfolios
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
Prioritize and respond to ad-hoc requests from senior management, auditors, and regulators
Your Skills and Experience:
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 analyzing 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
Excellent knowledge of standard office applications in particular Microsoft PowerPoint, Excel, and Word. Experience with Business Objects and Tableau a plus
How You'll Lead:
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 to meet senior management reporting requirements and respond to regulatory requests
Engage with Credit Risk Officers to discuss portfolio developments, key trends, and risk topics in focus
Expectations
The salary range for this position in New York City is $85,000 to $200,000.Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration
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