Risk Specialist, AS

Deutsche Bank; Mumbai; On-site; INR 1,200,000 - 2,200,000; Full time

Benefits offered by this job

Leave policy

Parental leaves

Childcare reimbursement

Certifications sponsorship

Employee Assistance Program

Hospitalization insurance

Term life insurance

Health screening

Job summary

Deutsche Bank is seeking a Risk Specialist for the Market Risk Analysis and Control (MRAC) function in Mumbai to provide official market risk metrics and analysis for Global Emerging Markets. You will work with VaR, SVaR, EC, IRC, and FRTB, leveraging Python/VBA/Tableau to automate and visualize outputs for senior management.

The role requires a quantitative degree and 4–6 years in Market Risk, with strong stakeholder communication and an appetite for AI-driven improvements.

Qualifications

• University degree in Finance, Economics, Mathematics or other quantitative subjects.
• A certification in risk (FRM or similar) will be a big plus.
• Working knowledge of Python/VBA, Tableau will be added advantage.
• Good understanding of financial markets, products, derivative pricing, and methodology.
• Good understanding of other Market Risk measurement techniques e.g. VaR, RNiV, Economic Capital, IRC.

Responsibilities

• Timely risk validation and sign-off by working closely with production team based out of Pune.
• Review and understand the historical simulation VaR, SVaR and other metrics such as Economic Capital (EC), FRTB and Backtesting (outlier analysis).
• Ensure that all control checks are in place and followed by the team so that the reports generated have correct information.
• Understand Market Data time series and how to assess the impact of new time series on each metric.
• Facilitating better risk analysis by improving on existing process and standardizing wherever possible.
• Tactically automating reporting infrastructure and work with IT teams for strategic automation.
• Perform deep dive analysis into concentrations of risk or emerging items of interest, providing high quality and accurate information at a level for senior management consumption.
• Perform analytical analysis of our limit to generate proposals for limit changes and for new limits.
• Support the analysis and communication of business portfolio level topics to senior management and their committees.

Skills

Python

VBA

Tableau

Education

Finance/Economics/Mathematics degree

FRM or similar certification

Tools

Python

VBA

Tableau

Job description

Job Description:

Job Title: Risk Specialist, AS

Location: Mumbai, India

Role Description

Market and Valuation Risk Management (MVRM) provides an independent view of market risks and valuation to Deutsche Bank's senior management. Market risk team manages Deutsche Bank's Market Risk position in an independent and neutral way.

You will be a part of the Market Risk Analysis and Control (MRAC) function within MVRM and will be responsible for the provision of all official market risk metrics and core analysis in support of risk management decision making for Global Emerging Markets asset class.

The team operates a business/asset class and risk metric aligned organizational matrix supported by central functions. The team has a global presence with staff located in London, New York, Berlin, Singapore, Mumbai and Bangalore.

You will be exposed to risk management techniques viz. analysis/computation of VaR, SVaR, Economic Capital, IRC, Backtesting, FRTB for a diverse range of derivative products. The team is also proficient in combining this risk knowledge with best-in-class automation and visualization skills including python/VBA/Tableau to provide value added analytical outputs to its stakeholders

You will be expected to be proficient in automation tools (python essentially) with sufficient knowledge of risk to enhance the output of the team.

What we'll offer you

• 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

• Timely risk validation and sign-off by working closely with production team based out of Pune
• Review and understand the historical simulation VaR, SVaR and other metrics such as Economic Capital (EC), FRTB and Backtesting (outlier analysis), including staying abreast of the development of this metric and related drivers
• Ensure that all control checks are in place and followed by the team so that the reports generated have correct information
• Understand Market Data time series and how to assess the impact of new time series on each metric
• Facilitating better risk analysis by improving on existing process and standardizing wherever possible.
• Tactically automating reporting infrastructure and work with IT teams for strategic automation
• Perform deep dive analysis into concentrations of risk or emerging items of interest, providing high quality and accurate information at a level for senior management consumption
• Perform analytical analysis of our limit to generate proposals for limit changes and for new limits
• Support the analysis and communication of business portfolio level topics to senior management and their committees

Your skills and experience

• University degree in Finance, Economics, Mathematics or other quantitative subjects. A certification in risk (FRM or similar) will be a big plus.
• Relevant 4-6 years' experience in Market Risk within the Financial Market / Investment Banking industry (other relevant backgrounds e.g. Trading, Product Control, Valuations, etc. will also be considered).
• Working knowledge of Python/VBA, Tableau will be added advantage. A bent towards adoption of Artificial Intelligence is required.
• Good understanding of financial markets, products, derivative pricing, and methodology.
• Good understanding of other Market Risk measurement techniques e.g. VaR, RNiV, Economic Capital, IRC.
• Excellent stakeholder management skills and communication skills; ability to articulate technical and financial topics with global stakeholders.
• A reliable team player with the motivation to work in a dynamic, international and diverse environment.
• Able to multi-task and deliver under tight deadlines.
• A committed and motivated individual for self-development and growth.

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.