Description
:
Job Title Head of Credit Risk
Location London/ Frankfurt
Corporate Title Director
The Enterprise Risk Management (ERM) function provides a cross-risk view of the Bank’s risk profile across risk types, businesses and geographies. The function also owns risk type overarching responsibility for key risk management capabilities, like risk appetite, risk identification and group wide stress testing, and is the risk controlling function for credit risk.
The Credit Risk Control Function is a recently established team within ERM responsible for setting and cascading credit risk appetite, self-governing portfolio monitoring of overall credit risk profile across the bank and its divisions, CLP reporting, forecasting and monitoring, as well as ownership of selected credit risk models. The team is a key partner to, and works closely with, the credit risk organisation.
This is an exciting opportunity to shape the Credit Risk Portfolio Management team as it grows and transform the team’s operating model and processes.
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:
1. Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
2. Competitive salary and non-contributory pension
3. 30 days’ holiday plus bank holidays, with the option to purchase additional days
4. Life Assurance and Private Healthcare for you and your family
5. A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
6. The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year
Your key responsibilities
7. Overseeing the Bank’s global credit portfolios, including challenging of client-specific / portfolio concentrations and management of credit risk appetite (Group, divisional, BU, product-specific)
8. Assessment of qualitative and quantitative credit portfolio developments, including credit quality trends and emerging risks, as well as risk concentrations
9. Monitoring the macroeconomic environment including market trends and events to analyse potential impacts on credit portfolios
10. Management and enhancement of key risk management processes, such as credit risk ID and credit risk framework
11. Leading a team of ~5 people spanning Germany and UK, and instilling a one team mindset
12. Working in partnership with other teams in CRO, in particular Credit Risk management and Group Portfolio Management in ERM, implementing solutions that support the Bank's vision, goals, and strategy, whilst understanding the regulatory landscape
Your skills and experience
13. Deep knowledge of credit risk management principles and practices, ideally within an investment bank and/or corporate bank
14. Extensive experience engaging senior stakeholders including external audit and regulators within a high pressure, time sensitive and rapidly evolving environment
15. A strong desire to challenge the status quo, a disciplined execution mindset and an energetic, can-do attitude
How we’ll support you
16. Training and development to help you excel in your career
17. Flexible working to assist you balance your personal priorities
18. Coaching and support from experts in your team
19. A range of flexible benefits that you can tailor to suit your needs
20. 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
is the leading German bank with strong European roots and a global network. Click to see what we do.
Deutsche Bank in the UK is proud to have been named in for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their for our work supporting LGBTQ+ inclusion.
We strive for a in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.