Risk Specialist
Deutsche Bank · London
Job Description:
Job Title Risk Specialist
Location London
Corporate Title Assistant Vice President
For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management division.
The Risk Specialist position is within the Risk Management Department of the International Private Bank / Wealth Management
What we’ll offer you
A healthy, supported workforce performs at its best, so we put your development and wellbeing at the heart of our workplace.
You can expect:
- Hybrid working, allowing eligible employees to work remotely for part of their time and choose a suitable working pattern
- Competitive salary and non-contributory pension
- 30 days’ holiday plus bank holidays, with the option to buy more
- Life assurance and private healthcare for you and your family
- Flexible benefits, including retail discounts, Bike4Work and gym benefits
- Opportunities to support a broad CSR programme, plus two volunteering days a year
Your key responsibilities
- Partner with Lending and Client Advisors to grow the Wealth Management lending book by structuring non-standard transactions, reviewing term sheets and bespoke documentation, and proposing risk mitigants. Advise front-office staff on credit approvals, requirements and relationship matters to manage risk and achieve optimal solutions.
- Portfolio coverage will primarily comprise complex structured loans including lending against unlisted / unrated / illiquid securities; holdco / mezz structures with heavy reliance on operating cash flows of the company whose shares have been pledged as well as regular large Margin Lending esp. against illiquid, non-investment grade rated securities as well as Commercial Real Estate Loans. Review will often require fundamental equity / collateral valuation including Discounted Cash Flow (DCF) based review
- Maintain portfolio quality through robust portfolio management and ensure concentrations and limits remain within risk appetite, policies and regulations. Manage daily lending-value shortfalls, monitor bookings, covenants and conditions, ensure credit terms are correctly documented, and keep risk systems accurate and up to date.
- Work with both internal and external auditors to ensure that audits progress smoothly and that any issues raised are resolved promptly.
- Credit authority under 4-eye principle targeted. Provide timely, transparent communication on the decision-making including risk analysis and approval conditions to the key stakeholders
Your skills and experience
- Experience in structured finance and corporate / investment banking credit in major International Financial Institutions. Commercial Real Estate credit experience will be highly welcomed. Good understanding of WM products, alternative and illiquid investments (Private Equity, Private Debt, Infrastructure, Real Estate, Hedge Funds) and their key risk and valuation drivers.
- Good knowledge and experience with fundamental credit analysis, valuation methodologies (DCF, Comparable/Multiple Approach). In addition to understanding loan structures and loan documentation, also possess knowledge of structured financial products, derivatives and associated risks.
- Strong written and verbal communication, with concise reporting skills. An analytical, independent decision-maker who can support and defend conclusions while remaining open to opposing stakeholder views.
- Collaborative, flexible and self-motivated, with the ability to meet deadlines under pressure and work effectively with front-office staff. Strong stakeholder management and communication skills, translating complex risks into clear recommendations for senior management.
- Preferably a Bachelor’s or Master’s degree in Engineering, Mathematics, Economics, Statistics, Science, Master of Business Administration (MBA) or equivalent experience
- Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs
How we’ll support you
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- 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
Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.
Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Proud Employer Trailblazer Status from Stonewall and named in their Top 100 Employers.
If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge at adjustmentsconcierge@db.com to discuss. For more information about our recruitment process and available adjustments, please visit our Hiring Experience page.
We strive for a culture 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.