Stress Testing Across Structured Book to Support US - Assistant Vice President

Job Description:

Job Title Stress Testing Across Structured Book to Support US

Corporate Title Assistant Vice President

Location Jacksonville, FL

Overview

This role is responsible for setting strategy and criteria for portfolio management and portfolio monitoring to ensure ongoing risk assessment and continued solid portfolio quality as well as early identification of portfolio trends to proactively initiate countermeasures. Additionally, the role is responsible for performing portfolio analysis including stress testing and monitoring of portfolio status to ensure that appropriate portfolio quality and any risk concentrations and risk limits do not exceed defined risk appetites and are compliant with risk policies and regulations. Risk Portfolio Managers define the scope of reports and information/documentation needed in order to conduct quantitative and qualitative portfolio analysis. They are responsible for setting, monitoring and reviewing risk appetites on counterparty/group level, product level, country level, Industry level. They actively support and advise business partners in developing products, processes and policies to pursue the strategy of the respective business propositions.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs

What You’ll Do

• Ongoing calibration, monitoring and management of credit risk appetite across the holistic CRE portfolio for the region

• Engage with Credit Risk Officers to discuss portfolio developments, key trends and risk hot spots

• 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 for the holistic CRE portfolio to meet senior management reporting requirements and respond to regulatory requests

• 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

Skills You’ll Need

• 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 analysing 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

• Strong process improvement skills. Able to troubleshoot and propose solutions. Willingness to own investigations and communicate findings

• Excellent time management and prioritization skills, ability to create and follow a schedule to meet deadlines, Excellent knowledge of standard office applications in particular Microsoft PowerPoint, Excel, and Word. Experience with Business Objects and Tableau a plus

Skills That Will Help You Excel

• Ability to present information in a structured, clear, and concise way

• Ability to work independently and under time pressure

• Respond and prioritize ad-hoc requests from senior management, auditors and regulators

• Support and engage in analysis of the stress testing results for the holistic CRE portfolio

Expectations

It is the Bank’s expectation that employees hired into this role will work in the JAX 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.

The salary range for this position in Jacksonville, FL is