LGD/CCF Methodology Team Member

The Risk division of Deutsche Bank has a fundamental responsibility to protect the bank. The Risk Methodology (RM) division develops and manages risk valuation methodologies, providing risk managers with tools to allocate resources, manage risk appetite, and make credit decisions. The LGD/CCF Methodology team is responsible for calibrating Loss-Given-Default (LGD) and Credit Conversion Factors (CCF) parameters across all credit portfolios of Deutsche Bank Group.

Responsibilities:

• Develop, calibrate, and maintain rating methodologies for credit risk parameters for retail and wholesale portfolios.
• Implement EBA requirements and other regulations for modelling IRB-A credit risk parameters.
• Resolve regulatory and internal findings related to credit risk parameter methodology or models.
• Process large datasets for model development and statistical analyses.
• Analyse underlying data, identify data deficiencies, and address them.
• Perform extensive data and statistical analyses for quantifying credit risk and decision-making.

Requirements:

• Relevant university degree (Master or PhD) in a quantitative discipline (e.g., Mathematical Finance, Statistics, Econometrics).
• Practical knowledge of credit risk parameter modelling (PD, LGD, CCF).
• Strong IT/data management skills and experience with statistical software packages (SAS, Python).
• Strong analytical skills and problem-solving abilities.
• Excellent written and verbal skills in English.

What we offer:

• Comprehensive portfolio of benefits and offerings to support private and professional needs.
• Emotionally and mentally balanced: consultation in difficult life situations, mental health awareness trainings.
• Physically thriving: health check-ups, vaccination drives, advice on healthy living.
• Socially connected: PME family service, FitnessCenter Job, flexible working arrangements.
• Financially secure: pension plans, banking services, company bicycle, “Deutschlandticket”.