Asset and Liability Management (ALM) Specialist - AVP

Deutsche Bank; Mumbai; On-site; INR 1,500,000 - 2,600,000; Full time

Benefits offered by this job

Best in class leave policy

Gender neutral parental leaves

100% reimbursement under childcare

Sponsorship for industry relevant cert

Employee Assistance Program

Hospitalization insurance

Accident and Term life Insurance

Complementary Health screening

Job summary

Deutsche Bank in Mumbai invites an Asset & Liability Management (ALM) Specialist to join the Treasury Office. You will develop, parameterize, and implement quantitative models to measure interest rate risk in the banking book (IRRBB) and support risk reporting.

You will collaborate with global hubs, provide analytics for Delta NII and Delta EVE, and build Tableau dashboards to monitor IRRBB exposures. A quantitative degree and Python/Tableau skills are essential.

Qualifications

• University degree with a quantitative focus such as Engineering, Finance, Mathematics or Computer Science.
• Good knowledge in data analysis and processing using Python.
• At least two years of relevant experience in Asset Liability Management, Risk Management or Treasury functions.
• Demonstrated expertise in creating compelling presentations and developing interactive dashboards using Tableau or similar visualization tools.
• Strong written, verbal communication and presentation skills.
• Distinctive analytical and problem-solving abilities and a tech-savvy mind set.

Responsibilities

• Monitor IRRBB metrics of Delta NII & Delta EVE under different model parameters and scenarios, including responsibility for timely production of Delta NII metrics for Group-Wide Stress Testing (GWST) scenarios.
• Perform risk analysis and prepare reports and presentations for senior management.
• Perform back-testing of Delta NII model outputs against actual results to identify potential deficiencies in model assumptions, methodology, or underlying data quality.
• Support the preparation of audit memos and related documentation required to facilitate closure of internal audit findings related to IRRBB processes, models, and data.
• Collaborate closely with the Risk in Banking Book (RIBB) team to ensure accurate and complete data capture enabling robust and reliable IRRBB metrics production.
• Develop and enhance Tableau dashboards to enable granular analysis and monitoring of IRRBB exposures and trends.
• Assist in daily and monthly production/analysis of delta EVE and RNI (Risk Not In) reports.
• Support model governance activities, including model documentation, model risk assessments and remediation of model validation findings.

Skills

Python

Data analysis

Communication

Presentation

Analytical thinking

Problem solving

Education

University degree with quantitative focus such as Engineering, Finance, Mathematics or Computer Science

Tools

Tableau

Job description

Job Description

In Scope of Position based Promotions

Job Title: Asset and Liability Management (ALM) Specialist

Corporate Title : Associate / AVP

Location: Mumbai, India

Treasury

Treasury at Deutsche Bank is responsible for sourcing, managing, and optimizing Deutsche Bank's financial resources and providing high-quality steering to the Bank on financial resource deployment.

Treasury's fiduciary mandate encompasses the Bank's funding pools, asset and liability management (ALM), liquidity reserves management, and supporting businesses in delivering their strategic targets at the global and local levels. Further, Treasury manages all financial resource optimization to implement the group's strategic objective and maximize long-term return on average tangible shareholders' equity (RoTE).

The current role is part of the Treasury Office in Mumbai. The position requires interactions with all key hubs i.e., London, New York, Frankfurt, and Singapore.

Function Description

The Asset & Liability Management (ALM) team inside of Treasury is responsible for Structural risk management for the firm, including Interest Rate Risk in the Banking Book (IRRBB).

The recent movement in Interest Rates has made IRRBB a key focus of top management and investors. Within the CFO organization, management of IRRBB is considered to be a top priority for the Bank.

Role Description

The candidate will be part of the Asset & Liability Management (ALM) function responsible for managing the interest rate risk in the banking book (IRRBB). The team develops, parameterizes, and implements quantitative models to measure risk.

The results are used for risk management decisions and regular internal and external reporting. The team acts as an intermediary in treasury itself and between the business units and other central functions like Market Risk Management. This gives you a unique view into many exciting, complex and important risk management topics.

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that you'll enjoy,

• Best in class leave policy.


• Gender neutral parental leaves


• 100% reimbursement under childcare assistance benefit (gender neutral)


• Sponsorship for Industry relevant certifications and education


• Employee Assistance Program for you and your family members


• Comprehensive Hospitalization Insurance for you and your dependents


• Accident and Term life Insurance


• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Monitor IRRBB metrics of Delta NII & Delta EVE under different model parameters and scenarios, including responsibility for timely production of Delta NII metrics for Group-Wide Stress Testing (GWST) scenarios.


• Perform risk analysis and prepare reports and presentations for senior management.


• Perform back-testing of Delta NII model outputs against actual results to identify potential deficiencies in model assumptions, methodology, or underlying data quality.


• Support the preparation of audit memos and related documentation required to facilitate closure of internal audit findings related to IRRBB processes, models, and data.


• Collaborate closely with the Risk in Banking Book (RIBB) team to ensure accurate and complete data capture enabling robust and reliable IRRBB metrics production


• Develop and enhance Tableau dashboards to enable granular analysis and monitoring of IRRBB exposures and trends.


• Assist in daily and monthly production/analysis of delta EVE and RNI (Risk Not In) reports.


• Support model governance activities, including model documentation, model risk assessments and remediation of model validation findings.

Your skills and experience

• University degree with a quantitative focus such as Engineering, Finance, Mathematics or Computer Science


• Good knowledge in data analysis and processing using Python


• At least two years of relevant experience in Asset Liability Management, Risk Management or Treasury functions


• Demonstrated expertise in creating compelling presentations and developing interactive dashboards using Tableau or similar visualization tools


• Strong written, verbal communication and presentation skills


• Distinctive analytical and problem-solving abilities and a tech-savvy mind set

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.

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

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.