Credit Risk Officer, Deutsche Bank

• Educational qualification (preferably from Tier 1 college with strong academic record): Bachelor’s or a Master’s degree in Engineering, Finance, Economics, Statistics, Science, MBA
• Very strong Excel skills. Programming knowledge (Python / R / C++) will be an added advantage
• Prior Moderate work experience in financial services with at least relevant in credit risk management (preferably corporate credits)
• Possesses good analytical and writing skills and an independent decision-maker mindset with ability to support or defend conclusions

Desirable

• 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 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
• As an AVP in the Credit Risk Management team covering the US Wealth Management business, your role will require carrying out independent assessment of the transactions that will include assessment of appropriateness of the loan structure and underlying collateral, securing the loan.
• Nature of the collateral would cover the following asset classes: marketable securities (equites, bonds, structured notes), private shares (requiring cash flow-based equity valuation), commercial real estate, hedge fund units, limited partnership investments, residential real estate, aircraft, yacht, art etc
• Based on the assessment, assign credit rating and prepare a credit memo with recommendation rationale
• Diligently monitor the portfolio on an on-going basis 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
• Help in the preparation of reports and portfolio analysis for auditors, regulators and senior management
• Actively contribute to remediation efforts to address regulatory and audit findings
• It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model

• End Date: July 31, 2025