Private Bank Credit Risk Officer - Analyst

Job Description:

Job Title Private Bank Credit Risk Officer

Corporate Title Analyst

Location Jacksonville, FL

Overview

Deutsche Bank's Private Bank business is one of the largest wealth managers worldwide. We offer our clients a broad range of traditional and alternative investment solutions, as well as comprehensive advice on all aspects of Wealth Management.

As a trusted partner of wealthy professionals and entrepreneurs, family offices and foundations, we create lasting value for clients.

The Private Bank specializes in developing bespoke solutions for our clients around the world. The Credit Risk Officer is responsible for handling approvals for all Private Bank related loan transactions, retained on balance sheet, You will be expected to support senior Credit Risk Officers to analyze and recommend approvals/declines, or new loan terms for proposed transactions for Private Bank Clients,

Additional tasks include monitoring counterparty credit limits, maintaining data integrity for all names and transactions in Risk systems, and ensuring compliance with regulations and internal policies and procedures.

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

• assessment of underlying collateral securing the loans across product offerings: art, limited partnership investments, marketable securities, and residential real estate

• Based on the assessment, assign credit rating and prepare a credit memo with recommendation rationale

• Robustly monitor the portfolio and ensure pockets of risk within the portfolio are timely identified - be well aware of global, regional and local market events and their potential impact on the portfolio. Ensure portfolio quality remains satisfactory, and any risk concentrations and risk limits do not exceed defined risk appetite and are compliant with risk policies and regulations

• Prepare reports and portfolio analysis for auditors, regulators and senior management

Skills You’ll Need

• Prior work experience in wealth management and / or corporate credit and / or finance at major Financial Institutions

• Very strong Excel skills

• Possesses analytical skills and an independent decision-maker mindset with ability to support or defend conclusions

• Educational qualification (preferable): Bachelor’s degree in Finance, Accounting, Economics, Science

Skills That Will Help You Excel

• Strong self-motivation to learn and take pride in the quality of work delivered

• Ability to learn quickly to be an adept user of proprietary software

• Have an open mind and respect challenging views from stakeholders, Programming knowledge will be an added advantage

Expectations

It is the Bank’s expectation that employees hired into this role will work in the Jacksonville, FL 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 $48,000 to $68,800. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.

Deutsche Bank Values & Diversity

We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: