Europe Linear Rates - Market Risk Manager - Director

0840 Deutsche Bank Aktiengesellschaft, Filiale London; London; Hybrid; GBP 200,000 +; Full time

Job summary

A leading international bank in London seeks an experienced Market Risk Manager to oversee risk management for Europe Linear desks. This role requires extensive experience in market risk management and strong analytical skills. The position supports business expansion and effective risk management while ensuring compliance with regulatory standards. Hybrid working options and competitive benefits are provided.

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

CSR programs and 2 days’ volunteering leave annually

Qualifications

• Extensive experience in market risk management or related roles.
• Strong analytical and critical thinking skills.
• Familiarity with regulatory initiatives such as FRTB, Volcker, and stress testing.

Responsibilities

• Develop and maintain risk control frameworks for designated desks.
• Monitor risk, stress, and VaR exposures daily.
• Engage with trading desks regarding exposures and market activity.

Skills

Market risk management

Knowledge of rates products

Analytical skills

Critical thinking

Effective communication

Regulatory familiarity

Job description

Job Title: Europe Linear Rates - Market Risk Manager - Director

Location: London, United Kingdom

The Chief Risk Office function has Group-wide responsibility for managing and controlling all credit, market, operational, enterprise, and liquidity risks, along with developing risk measurement methods, frameworks, and fostering a strong risk culture across the bank.

As a Market Risk Manager, you will oversee the risk management of Europe Linear, Collateral, and Funding desks. You will work closely with traders and business partners to support business expansion, ensure effective risk management, calibrate risk appetite, conduct stress testing, improve frameworks, and streamline processes.

What we offer:

• Hybrid Working, enabling remote work part of the time
• Competitive salary and non-contributory pension
• 30 days’ holiday plus bank holidays, with options to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• Flexible benefits including Retail Discounts, Bike4Work, and Gym benefits
• CSR programs and 2 days’ volunteering leave annually

Your key responsibilities:

• Developing and maintaining risk control frameworks for designated desks
• Monitoring risk, stress, and VaR exposures daily
• Staying informed about market news and implications
• Engaging with trading desks regarding exposures and market activity
• Managing a team of two risk managers
• Setting risk appetite, escalating risks, and ensuring risk management practices

Your skills and experience:

• Extensive experience in market risk management or related roles
• Knowledge of rates products
• Strong analytical and critical thinking skills
• High integrity and ethical standards
• Ability to work in a fast-paced environment and communicate effectively
• Familiarity with regulatory initiatives such as FRTB, Volcker, and stress testing

How we’ll support you:

• Training and career development
• Flexible working arrangements
• Tailored benefits
• Inclusive environment with reasonable adjustments for disabilities

About us:

Deutsche Bank is a leading German bank with a strong European presence and global network. We are committed to diversity, inclusion, and responsible banking. We welcome applications from all backgrounds and promote a positive work environment.