Vice President of Market Risk Manager

Responsibilities The position is within Market Risk Management, which is responsible for managing trading and fair value banking book risk for a breadth of primary and secondary credit and equity businesses including Credit/Equity Trading, Origination, Financing, as well as Residential Mortgage‑Backed Security (RMBS), Securitization, Commercial Real Estate (CRE) within Deutsche Bank Market Risk Management (MRM) carries out this responsibility independently providing a comprehensive view of market risks to Senior Management The professional will ensure that Business units of the Bank optimize the risk‑reward relationship and do not expose the firm to unacceptable losses We are looking for a self‑motivated professional who can work well in a fast‑paced environment, collaborating within a team, and interacting with traders, quants, research, etc. on a daily basis Prior experience with cash and derivative equity and/or fixed income products is preferred Set appropriate Risk Appetites for each business level and sit with the traders, communicate risk strategies and monitor and manage risk in real time on a daily basis Monitor intraday and daily limit utilizations, evaluate limit frameworks, and communicate risk exposure and breaches to front office as well as senior risk management Analyze key market risk metrics including Value at Risk (VaR), Stress Test, Risk Weighted Assets (RWA), and advise business on effective hedging strategies Pre‑approve equity financing transactions such as call spreads, collars, margin loans, and accelerated share repurchases ahead of desk bidding, including pre‑trade analysis and approval recommendations for on‑risk block trades Support Comprehensive Capital Analysis Review (CCAR) quarterly, semi‑annual, and annual reporting requirements. Evaluate portfolio capital efficiencies and identify positions with material Risk Weighted Assets (RWA) and stress utilizations Ensure internal and external governance policies are being effectively applied Market Risk Management: highlighting key risks and new important trades/products and escalating emerging risks, concentrated positions, and any risk position that is particularly vulnerable to plausible stress scenarios or current market conditions Front Office: challenging the desk on the aforementioned set of risks and working cooperatively to allow the growth of the Business within the Firm risk appetite Portfolio and Stress Testing team working together with these teams to ensure the key risk positions of the Business covered are well represented in their aggregated metrics Qualifications & Expectations Expectation to challenge the pricing and hedging strategies for equity financing transactions and/or block trades Having an understanding or experience covering securitized products is also a plus Moderate experience in market risk management, either as a second line (market risk) or as a first line (trading, structuring) of defense, ideally covering an equity options business Experience in roles such as valuation will be considered if the candidate can show a great understanding of the market risks arising from trading positions Ability to run projects independently and build strong relationships across the Bank Strong experience in markets‑related roles with an emphasis on market risk management Team player with great communication skills High standards of integrity and a commitment to ‘doing the right thing’ Familiarity with current regulatory initiatives such as Fundamental Review of Trading Book (FRTB), Volcker, stress testing Experience in assessing, quantifying and implementing appropriate portfolio stress tests Experience in Market Risk Management, ideally in covering an equity business (incl derivatives) #J-18808-Ljbffr Deutsche Bank