Developed Markets Financial Institutions Credit Officer

Deutsche Bank; Greater London; Hybrid; GBP 65,000 - 85,000; Full time

Job summary

A leading financial institution in London seeks a Financial Institutions Credit Officer. You will manage counterparty credit risk, approve transactions, and conduct market assessments. Ideal candidates will have relevant industry experience and be confident decision makers. The role offers a hybrid working model, 30 days of holiday, and a competitive salary, emphasizing a culture of diversity and inclusion.

Benefits

Hybrid Working

Competitive salary and non-contributory pension

30 days holiday plus bank holidays

Life Assurance and Private Healthcare

Flexible benefits including Retail Discounts

Volunteering leave

Qualifications

• Degree level education or equivalent work experience.
• Experience with major derivative instruments and traditional lending products.
• Understanding of master trading documentation (ISDA, GMRA, MSLA) is essential.

Responsibilities

• Conduct initial credit due diligence for new clients.
• Prepare credit reports in accordance with Bank policies.
• Assess credit quality of relevant sectors.
• Participate in portfolio strategy discussions.
• Review transaction approvals from sales teams.

Skills

Degree level education or equivalent work experience

Relevant industry experience in managing FI credit risk

Confident decision maker

Job description

Job Title

Developed Markets Financial Institutions Credit Officer

Location

London

Corporate Title

Vice President

The Financial Institution (FI) Credit Officer will be responsible for assisting in managing Deutsche Bank’s counterparty credit risk to Americas/European based FI’s. You will have your own dedicated portfolio, spanning a broad range of different types of FI’s, and will be responsible for approving transactions, as well as reviewing and monitoring the counterparties on an ongoing basis.

The team reports ultimately into the Global Head of FI’s Credit, based in New York. FI Credit Risk Management provides credit risk management and oversight across Deutsche Bank’s business activities with North American and European FIs.

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
• Competitive salary and non-contributory pension
• 30 days’ holiday plus bank holidays, with the option to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year

Your key responsibilities

• Undertaking initial credit due diligence for new clients to fully understand their credit profile, and the intended business activity
• Preparing all credit reports and supporting materials in manner consistent with Bank policies and procedures
• Assessing credit quality of the sectors in question
• Playing a key role in the legal documentation process to ensure that appropriate credit covenants/ATEs are included in legal agreements
• Participating and contribute to discussions on portfolio strategies, limit setting, credit policy, etc.
• Reviewing day-to-day transaction approvals received from sales teams across the bank, and analysis of more bespoke structured transactions

Your skills and experience

• Degree level education or equivalent work experience
• Relevant industry experience in managing FI credit risk
• Product knowledge should cover major derivative instruments, securities financing, as well as more traditional lending products, including financing engagements involving investment banking mandates
• Understanding of master trading documentation, particularly International Swaps and Derivatives Association (ISDA), Global Master Repo Agreements (GMRA), Master Securities Lending Agreement (MSLA)
• A confident decision maker able to competently explain the reasoning, which supports credit decisions

How we’ll support you

• Training and development to help you excel in your career
• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• 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 have been named The Times Top 50 Employers for Gender Equality 2025 for six consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on [e-mail] to discuss how we can best support you. Alternatively, you can share your phone number, and a member of the team will be happy to call you to talk through your specific requirements.

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.