Financial Resources Manager (FRM) - Global Rates

Deutsche Bank; London; Hybrid; GBP 80,000 - 110,000; Full time

Job summary

A leading financial institution in London is looking for a Financial Resources Manager to optimize capital usage and support business strategies. The role requires analytical skills, experience in rates and credit derivatives, and knowledge of regulatory processes. The successful candidate will enjoy a competitive salary, hybrid working, and various organizational benefits including 30 days of holiday and private healthcare.

Benefits

Hybrid Working

Competitive salary

30 days’ holiday plus bank holidays

Life Assurance and Private Healthcare

Flexible benefits

Volunteering leave

Qualifications

• Strong experience with capital optimization and risk management.
• Proficient in analyzing and proposing RWA reduction strategies.
• Familiarity with regulatory changes impacting financial services.

Responsibilities

• Analyze risks and propose strategies to meet capital targets.
• Liaise with businesses for mitigation strategy definition.
• Support the creation of funding pricing curves.

Skills

Background in Rates and Credit derivative products

Strong analytical and communication skills

Experience with CVA and FVA risks

Knowledge of RWA regulations

Experience in Trading or Market Risk Management

Ability to analyze large data volumes

Tools

Excel

Python

Kannon

Job description

Job Description:

Job Title Financial Resources Manager (FRM) - Global Rates

Location London

Corporate Title Director

The Financial Risk Manager (FRM) function aims to optimise the usage of capital within the Investment Bank (IB), by strategically allocating financial resources to different businesses, identifying mitigation strategies and hedges and supporting the businesses in facing regulatory changes with the aim of maximising the Return on Tangible Equity (RoTE) of the IB.

You will report to the Head of IB & Rates FRM, responsible for helping to manage the capital for the IB and the capital and funding for Europe and United States Rates. This will include short-term management of capital consumption, strategic planning of capital deployment and project-based reviews and optimisation of the different types of capital.

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.

You can expect:

• 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

• Analyse and propose Risk-Weighed Asset (RWA) and Capital Requirements Directive IV (CRD IV) reduction strategies to meet quarterly capital and RoTE targets, via models, data fixes and hedging
• Analyse impact of future regulatory changes on businesses
• Liaise with businesses to define mitigation strategies
• Support the creation of funding pricing curves for Structured Notes
• Support the risk management of Structured Notes curve risks

Your skills and experience

• Strong background in Rates and Credit derivative products
• Strong analytical and communication skills
• Experience with Credit Valuation Adjustment (CVA) and Funding Valuation Adjustment (FVA) risks and trading strategies
• Knowledge of RWA regulations and regulatory processes
• Background in Trading, Market Risk Management, or other relevant technical function
• Strong ability to analyse large volumes of data, using Excel, Python and Kannon

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 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 (for example, 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.

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.