Kannon Risk and Profit & Loss (RPL) Specialist

Deutsche Bank; London; Hybrid; GBP 45,000 - 85,000; Full time

Job summary

An established industry player is seeking a Kannon Risk and Profit & Loss Specialist to join their dynamic team in London. This role involves collaborating with Trading and Global Strategic Analytics to ensure accurate trader RPL on the Bank's strategic valuation platform. You will play a key role in monitoring risk, troubleshooting issues, and driving automation within the Fixed Income & Currencies business. The company offers a hybrid working model, competitive salary, and a range of benefits that prioritize employee wellbeing and development. Join a supportive environment where your contributions will make a real impact and help shape the future of finance.

Benefits

Hybrid Working

Competitive salary

Non-contributory pension

30 days’ holiday

Life Assurance

Private Healthcare

Flexible benefits

CSR programme support

Volunteering leave

Qualifications

• Strong background in business operations and finance with risk and P&L understanding.
• Experience in trade bookings for fixed-income instruments and their valuation.

Responsibilities

• Support trading by monitoring intraday risk and troubleshooting issues.
• Initiate solutions to problems leveraging system knowledge and expertise.

Skills

Business operations

Risk management

Profit & Loss (P&L) concepts

Analytical thinking

Stakeholder relationship management

Troubleshooting

Deadline management

Education

Bachelor's degree in Mathematics

Bachelor's degree in Engineering

Bachelor's degree in Computer Science

Bachelor's degree in Statistics

Bachelor's degree in Economics

Bachelor's degree in Finance

Bachelor's degree in Accountancy

Bachelor's degree in Banking

Job description

Job Description:

Job Title: Kannon Risk and Profit & Loss (RPL) Specialist

Location: London

Corporate Title: Associate/ Assistant Vice President

The Kannon Middle Office (KMO) team works in partnership with Trading, Global Strategic Analytics (GSA), Finance and Operations to facilitate the delivery of accurate and complete trader RPL on the Bank’s strategic valuation platform for the Fixed Income & Currencies (FIC) business.

The team works to ensure technical issues impacting intraday trade population and end of day RPL pricing are substantiated and/or solved. This is a strategic group with a business operations focus. We look to ensure the integrity of the trade processing whilst controlling complexities and driving automation, where you will be able to add real value as a business partner.

What we’ll offer you:

A healthy, engaged and well-supported workforce are better equipped to do their best work and 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 Hybrid Working Model that enables eligible employees to work remotely for 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:

• Combine your knowledge of trade lifecycle events, profit & Loss (P&L) pricing, and risk management to help support and define our future state Kannon unified platform.
• Provide support to trading by monitoring intraday risk in Kannon, which may include troubleshooting problems arising on an ad-hoc basis or reacting to event-driven demands.
• Initiate solutions to problems by leveraging expertise available and using knowledge of the system flows and pricing.
• Take part in the Book of Work prioritisation and planning initiatives within the wider team.

Your skills and experience:

• Strong background in business operations, middle office, or finance, with a solid understanding of risk and P&L concepts.
• Proficient in trade bookings for fixed-income instruments and their valuation.
• Ability to detect and troubleshoot issues. Analytical and proactive thinking. Be able to build & maintain strong relationships with stakeholders.
• Ability to work to and meet deadlines under time pressure and to detect and troubleshoot issues with a high attention to detail.
• Experience of delivering change or improvements to processes.
• Educated to bachelor’s degree level or equivalent qualification/work experience with a concentration in Mathematics, Engineering, Computer Science, Statistics, Economics, Finance, Accountancy or Banking.

How we’ll support you:

• Training and development to help you excel in your career.
• 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 (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 in The Times Top 50 Employers for Gender Equality 2024 for five 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.