Credit Risk Change Business Analyst

You will be joining the Change Team for Counterparty Credit Risk (CCR) within Deutsche Bank's Group Strategic Analytics (GSA) department, supporting the Credit Risk Management (CRM) function.

You will play a key role in improving Deutsche Bank's internal model method (IMM) and credit limit monitoring framework for potential future exposure (PFE) on derivatives and Security Financing Transactions (SFT).

Responsibilities

• Partner with Quantitative Analytics, Technology, CCR Strats, and Credit Risk Management teams to translate complex risk, modelling, and data requirements into practical end-to-end solutions.
• Operate across a broad and evolving portfolio of CCR change, including Capital Risk Weighted Assets (RWA), potential future exposure, margin and collateral modelling, model back-testing, wrong-way risk, and related regulatory or strategic priorities.
• Shape and maintain delivery plans in a fast-moving environment, working across business and technical stakeholders to prioritise outcomes, manage dependencies, and respond constructively to changing requirements.
• Translate agreed priorities into clear Agile epics, features, milestones, and measurable deliverables.
• Lead or support requirements definition, impact assessment, solution design, testing, and implementation.
• Use Python and other suitable tools to automate analysis, assess impact runs, improve transparency, and make day-to-day change delivery more efficient.

Requirements

• Advanced degree (MSc/"Diplom" or PhD) in a relevant discipline such as Physics, Chemistry, (Business) Mathematics, Computer Science, Finance.
• Experience delivering change within credit or market risk management would be an advantage, supported by a good working knowledge of mathematical finance and Monte Carlo methods.
• Good understanding of capital markets products with the curiosity and commercial awareness to build knowledge across global markets and evolving counterparty risk topics.
• Proficiency in a programming language or tools such as Python, SQL, Unix/Linux shell scripts, XML, Java, C/C++, C#, R/S or similar.
• Excellent interpersonal, communication, and stakeholder-management skills, with the ability to connect multiple business areas, manage priorities, and maintain effective relationships globally.

Benefits

• Hybrid Working - we understand that employee expectations and preferences are changing.
• 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.