Job Title: Credit Risk Portfolio Manager
Corporate Title: Assistant Vice President - Vice President
(ALL ROLES TO BE CONSIDERED)
Location: New York, NY
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.
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
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
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click to find out more about our diversity and inclusion policy and initiatives.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.