Risk Specialist

Deutsche Bank AG; City Of London; Hybrid; GBP 75,000 - 110,000; Full time

Benefits offered by this job

Hybrid working

Competitive salary

Non-contributory pension

Life assurance

Private healthcare

30 days’ holiday + bank holidays

Flexible benefits (retail discounts, >

Job summary

Deutsche Bank seeks a Risk Specialist to join the Risk Management Department in London. You will support Wealth Management lending by structuring complex transactions, reviewing term sheets, and advising front-office on risk and documentation.

You will assess credit risk in structured loans, real estate and illiquid investments, and ensure portfolio quality while collaborating with auditors and senior stakeholders.

Qualifications

• Experience in structured finance and credit in international banks.
• Knowledge of WM products and illiquid investments.
• Proven ability to analyze credit and present clear risk recommendations.

Responsibilities

• Partner with Lending and Client Advisors to structure transactions and mitigate risk.
• Advise front-office on credit approvals and documentation.
• Maintain portfolio quality and monitor concentrations and covenants.
• Coordinate with internal/external auditors and ensure timely issue resolution.
• Provide risk analysis and decision rationale to stakeholders.

Skills

Structured finance

Credit analysis

Communication

Stakeholder management

Analytical thinking

AI tools usage

Education

Bachelor’s or Master’s degree in Engineering, Mathematics, Economics, Statistics, Science, MBA

Tools

Excel

AI tools

Job description

Job Description:Job Title Risk SpecialistLocation LondonCorporate Title Assistant Vice PresidentFor over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management division.The Risk Specialist position is within the Risk Management Department of the International Private Bank / Wealth ManagementWhat we’ll offer youA healthy, supported workforce performs at its best, so we put your development and wellbeing at the heart of our workplace.You can expect:Hybrid working, allowing eligible employees to work remotely for part of their time and choose a suitable working patternCompetitive salary and non-contributory pension30 days’ holiday plus bank holidays, with the option to buy moreLife assurance and private healthcare for you and your familyFlexible benefits, including retail discounts, Bike4Work and gym benefitsOpportunities to support a broad CSR programme, plus two volunteering days a yearYour key responsibilitiesPartner with Lending and Client Advisors to grow the Wealth Management lending book by structuring non-standard transactions, reviewing term sheets and bespoke documentation, and proposing risk mitigants. Advise front-office staff on credit approvals, requirements and relationship matters to manage risk and achieve optimal solutions.Portfolio coverage will primarily comprise complex structured loans including lending against unlisted / unrated / illiquid securities; holdco / mezz structures with heavy reliance on operating cash flows of the company whose shares have been pledged as well as regular large Margin Lending esp. against illiquid, non-investment grade rated securities as well as Commercial Real Estate Loans. Review will often require fundamental equity / collateral valuation including Discounted Cash Flow (DCF) based reviewMaintain portfolio quality through robust portfolio management and ensure concentrations and limits remain within risk appetite, policies and regulations. Manage daily lending-value shortfalls, monitor bookings, covenants and conditions, ensure credit terms are correctly documented, and keep risk systems accurate and up to date.Work with both internal and external auditors to ensure that audits progress smoothly and that any issues raised are resolved promptly.Credit authority under 4-eye principle targeted. Provide timely, transparent communication on the decision-making including risk analysis and approval conditions to the key stakeholdersYour skills and experienceExperience in structured finance and corporate / investment banking credit in major International Financial Institutions. Commercial Real Estate credit experience will be highly welcomed. Good understanding of WM products, alternative and illiquid investments (Private Equity, Private Debt, Infrastructure, Real Estate, Hedge Funds) and their key risk and valuation drivers.Good knowledge and experience with fundamental credit analysis, valuation methodologies (DCF, Comparable/Multiple Approach). In addition to understanding loan structures and loan documentation, also possess knowledge of structured financial products, derivatives and associated risks.Strong written and verbal communication, with concise reporting skills. An analytical, independent decision-maker who can support and defend conclusions while remaining open to opposing stakeholder views.Collaborative, flexible and self-motivated, with the ability to meet deadlines under pressure and work effectively with front-office staff. Strong stakeholder management and communication skills, translating complex risks into clear recommendations for senior management.Preferably a Bachelor’s or Master’s degree in Engineering, Mathematics, Economics, Statistics, Science, Master of Business Administration (MBA) or equivalent experienceProven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputsHow we’ll support youCoaching and support from experts in your teamA culture of continuous learning to aid progressionWe 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 usDeutsche 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 be named in The Times Top 50 Employers for Gender Equality and has been awarded a Proud Employer Trailblazer Status from Stonewall and named in their Top 100 Employers .If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge at [e-mail] to discuss. For more information about our recruitment process and available adjustments, please visit our Hiring Experience page.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.