In both the domestic German market and worldwide, the Private Bank (“PB”) provides high-quality advice to over 20 million clients and a broad range of financial services in 19 countries – ranging from day-to-day banking services right through to advisory services for sophisticated Private Banking and Wealth Management clients. In Italy, Spain, Belgium and India the Private Bank offers its services to corporate clients as well as small and medium-sized enterprises. The Private Bank is a strong pillar of the Group: a modern bank that boasts capital markets and financing expertise, a strong global network and modern digital services.
Financial Resource Management (“FRM”) is responsible for steering the balance sheet and capital resources provided to the Private Bank ensuring sustainable growth of the franchise and meeting clients’ needs in a competitive environment. FRM is a sub-division of the Banking, Lending and Investment Solutions division, which is responsible for the management of all Private Bank products (deposits, credit cards, loans, capital markets, advisory and discretionary management). Ensuring each type of PB liabilities and assets are modelled according to their contribution to the bank funding framework and remunerated accordingly; - Optimising capital allocation by executing true sale, synthetic risk transactions and ad-hoc off balance sheet structures - Working with Treasury and Risk functions to optimise interest rate management - Interacting with key stakeholders in Treasury, Finance, Risk, the Corporate Bank and the Investment Bank to work through constraints and limitations; - Providing transparency and giving guidance to business leaders to optimise the Private Bank strategy against these finite resources.
Be the subject matter expert on capital transactions using PB products (mortgages, consumer finance, Lombard loans) to optimise PB capital consumption and shareholder’s value with a particular focus on Germany Personal Banking and Germany Wealth Management & Private Banking
Supports the interest risk rate management of PB asset initiatives in the respective regions and segments in coordination with Treasury and Risk functions
Drive transparency, simplification and automation of all Treasury allocation processes for each balance sheet product and segment lines
Prepare performance and strategic documents to support an intense dialogue between Treasury and PB (including for the PB Asset & Liabilities Council, regional FRM forums and ad-hoc senior management meetings)
Works closely with other areas of PB and the Deutsche Bank group including our Treasury function, the institutional investors Coverage teams and our support functions such as Legal and Risk
University degree in banking, finance, economics or other comparable business-related fields
At least 10 years of professional experience in securitisation in a German bank
Excellent knowledge of retail banking products (such as mortgages, consumer finance and Lombard loans) as well as capital regulation on retail products and economic risk models in the banking book
Ability to work effectively in a global team with a strong capability to motivate and encourage colleagues and to resolve conflicts
Excellent oral and written communication skills in both German and English
We provide you with a comprehensive portfolio of benefits and offerings to support both, your private and professional needs.
You can benefit from health check-ups; You can benefit from PME family service, FitnessCenter Job, flexible working (e.g parttime, hybrid working, job tandem) as well as an extensive culture of diversity, equity and inclusion.
You can benefit from offerings such as pension plans, banking services, company bicycle or “Deutschlandticket”.
This job is available in full and parttime.
Wir streben eine Unternehmenskultur an, in der wir gemeinsam jeden Tag das Beste geben. Gemeinsam sind wir die Deutsche Bank Gruppe.
Wir begrüßen Bewerbungen von allen Menschen und fördern ein positives, faires und integratives Arbeitsumfeld.