ALM Management Specialist, Deutsche Bank

Assistant Vice President

$100-142.3k

Salary based on applicants in Jacksonville, FL only, may vary for other locations

SQL

Python

Excel

Mid and Senior level

New York

Office located in Columbus Circle, NY

Investment bank and financial services company

Open for applications

Investment bank and financial services company

1001+ employees

B2CB2BInvestingTradingFinancial Services

Open for applications

$100-142.3k

Salary based on applicants in Jacksonville, FL only, may vary for other locations

SQL

Python

Excel

Mid and Senior 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

Bachelor’s degree in Finance, Economics, Mathematics, or a related field; Master’s or CFA/FRM designation is a plus
3–7 years of experience in ALM, Treasury, Risk Management, or related functions within a financial institution
Partner with business functions outside of Treasury to ensure ALM support to strategic initiatives and to keep ALM informed on activities affecting the banking book
Stay current on regulatory developments, market trends, and best practices in ALM / IRRBB

Desirable

Strong understanding of IRRBB concepts, including EVE, NII, and their sensitivities
Experience with ALM systems (e.g., QRM) and data analysis tools (e.g., Excel, SQL, Python)
Familiarity with regulatory frameworks and local US regulatory guidance
Excellent analytical, communication, and stakeholder management skills

What the job involves

You will drive the organization forward through active risk management, by developing subject matter expertise on industry topics and a deep knowledge of markets, exhibiting a high degree of professionalism to partner with many areas of the Bank
You will be responsible for measuring, analyzing and reporting interest rate risk in the banking book
As part of this mandate – you will also manage interest rate risk by using derivatives and develop risk mitigation strategies that benefit the Bank commercially (P&L) and meet the rigorous standards/limits set forth by our partners in risk functions
Monitor, measure, and report Interest Rate Risk in the Banking Book (IRRBB) using models governed under regulatory frameworks
Support the ALM function in performing scenario analysis, stress testing, and sensitivity analysis related to interest rate movements
Mitigate interest risk by executing ALM hedging programs, provide risk management support including risk analysis and reporting, propose and seek approval for new hedging strategies
Assist in the preparation of ALCO materials and regulatory submissions
Provide subject matter expertise on the modeling of banking book positions such as non-maturity deposits, mortgage loans, and other banking book positions
Develop and enhance the framework for risk monitoring and reporting
Ensure model monitoring and maintenance is executed while aligned to model risk protocols

Our take

Deutsche Bank is one of Europe's biggest banks, operating in around 60 countries. It has a long history but hasn't struggled to keep up with the changing times. Like launching Vert, a digital payments service for small and medium businesses, and focusing on investments that are good for the environment and society.

The banks performance in 2025 has been impressive too. In the first nine months, pre-tax profit reached €7.7B (up 64% from last year) and net profit climbed to €5.6B (a 76% increase). And all business divisions delivered double-digit profit growth, supported by revenue gains and disciplined cost management.

If this wasn't impressive enough, the bank is also making strong progress in ESG, reporting €23B in sustainable financing in the third quarter of 2025 alone. With these healthy finances, a clear strategic direction, and a focus on responsible growth, Deutsche Bank is in a very promising position for the future.