Assistant Vice President, Deutsche Bank

$146-165k

+ Deutsche Bank's Employee Referral Incentive Program

SQL

Python

Junior and Mid level

New York

Office located in Columbus Circle, NY

Investment bank and financial services company

Be an early applicant

Investment bank and financial services company

1001+ employees

B2CB2BInvestingTradingFinancial Services

Be an early applicant

$146-165k

+ Deutsche Bank's Employee Referral Incentive Program

SQL

Python

Junior and Mid level

New York

Office located in Columbus Circle, NY

1001+ employees

B2CB2BInvestingTradingFinancial Services

Company mission

To be the leading global provider of financial solutions for demanding clients, creating exceptional value for its shareholders and people.

Job

Company

Role

Who you are

Requires a Master’s degree in Financial Mathematics, Finance, or related field or equivalent and two (2) years of experience utilizing computer languages, including Python and SQL for statistical analysis and risk management of portfolios in the Americas region and different legal entities within the financial services industry

What the job involves

DB USA Core Corporation seeks an Assistant Vice President in New York, NY to manage and control risks
Conducting statistical analyses, including analysis of portfolio trends, Value at Risk (VaR) calculation, Extreme Value at Risk, and marginal risk calculations; improving and developing automation capabilities related to all aspects of portfolio risk, including RWA, VaR, CCAR and RDARR KPI reporting to Federal Reserve Board (FRB), board members and risk managers
Preparing quarterly Federal Financial Institutions Examination Council (FFIEC) 102 reporting; improving data quality associated with MR RWA Spot and CCAR projections related to NSD, SSFA, and Equity components
Supporting market risk re-engineering and closures of market risk audit findings by developing existing controls/checks, automating manual work processes with python, and validating existing reports, including calculating spread implied rating of bonds for NSD RWA
Validating equity RWA numbers with FO systems
Utilizing Market Risk RWA calculation to guide product manager and developers in developing, enhancing, and modifying market risk systems logic used to calculate risk metrics; and advising risk managers on capital calculations and positions within their books and impact on the overall portfolio

Our take

Despite its roots in the nineteenth century, Deutsche Bank has seen strategic transformation at countless stages to remain competitive. For example, it recently launched Vert, a new digital payments company for SMEs, in collaboration with Fiserv. As a result, the company successfully filled the gap in the market for a user-friendly, all in one solution which would enable merchants to accept payments and manage money.

The company continues to benefit from its scale and reputation. Despite ongoing criticisms, its strong European ties and a global network means Deutsche Bank is well placed to help clients navigate through geopolitical and macroeconomic shifts, something that can’t be said so confidently of its competitors. Today, it operates in circa 60 countries.

Moving forwards, the company is focused on aligning more closely to environmental, social and governance (ESG) criteria to facilitate over €500B in sustainable finance and investments between 2020 and 2025.