Description :
Details of the Division and Team:
The vast majority of DB’s businesses are subject to market risk, defined as the potential for change in the market value of our trading and invested positions. Risk can arise from changes in interest rates, credit spreads, foreign exchange rates, equity prices, commodity prices and other relevant parameters, such as market volatility and market implied default probabilities. The market risk can affect accounting, economic and regulatory views of our exposure.
Market Risk Management (MRM) is part of DB’s independent Risk function and sits within the Market & Valuation Risk Management (MVRM) function. One of the primary objectives of MRM is to ensure that the business units’ risk exposure is within the approved risk appetite commensurate with its defined strategy. To achieve this objective, MVRM works closely together with risk takers (“the business units”) and other control and support groups.
What we will offer you:
A healthy, engaged and well-supported workforce is 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 center.
You can expect:
Corporate Group Insurance – premium borne by company
Medical Checkup – cost borne by company (annual/ biannual basis subject to the employee’s preference)
Remote working arrangement called “Future of Work”
EAP – free and confidential counseling, online work-life resources
Your key responsibilities:
Daily monitoring of NJA Linear risk positions and changes in the portfolio
Monitoring of Va R/SVa R/IRC drivers and impact on RWA optimization.
FRTB oversight and impact analysis
Assist APAC FIC head monitor and review overall APAC FIC risk exposures
Daily review of APAC economics, fixed income and FX market news and price movements
Report preparation and communication to senior MRM management
Monitor FIC limits and advise/take action when necessary
Periodic Responsibilities:
Deep dive portfolio reviews
RNIV and RNIEC reviews
Stress Testing
Highlight gaps and weaknesses in current coverage, measurement and/or methodologies
Risk factor reviews
Model and methodology awareness and key liason point with model val and methodology staff
FRTB preparation
Pn L analysis
Audit and regulatory inspection preparation
Your skills and experience:
Minimum 5 years of experience in Market Risk, Valuations or Trading/Structuring experience
Working experience in derivative products including FX/Rates vanilla options and structured products
Interaction with front office and finance functions
MSc in mathematical background (Financial Mathematics preferred)
How we’ll support you:
Flexible working to assist you balance your personal priorities
Coaching and support from experts in your team
A culture of continuous learning to aid progression
A range of flexible benefits that you can tailor to suit your needs
Training and development to help you excel in your career
