Market Risk Manager

We are seeking a Market Risk Manager to join our team at Deutsche Bank in New York. The successful candidate will be responsible for managing trading and fair value banking book risk for a range of credit businesses, including Securitization, Commercial Real Estate, and Structured Credit.

The Market Risk Management team carries out this responsibility independently, providing a comprehensive view of market risks to Senior Management. The goal is to ensure that Business units optimize the risk-reward relationship and do not expose the Firm to unacceptable losses.

Responsibilities:

• Set appropriate Risk Appetite for each business level
• Monitor daily limit utilizations, evaluate limit frameworks, and communicate risk exposure and breaches to front office and senior risk management
• Analyze stress test scenarios and direct hedging strategies based on economics, VaR, stress test, and capital efficiencies
• Support Comprehensive Capital Analysis Review (CCAR) quarterly, semi-annual, and annual reporting requirements
• Ensure internal and external governance policies are being effectively applied

Requirements:

• Moderate experience in market risk management, either as a second line (market risk) or as a first line (trading, structuring) of defense, ideally covering Structured finance
• Ability to communicate and influence across broad audience such as traders, strats, stress testing teams, IT etc.
• Experience in challenging pricing, flexing, and hedging strategies based on market dynamics
• Some knowledge of credit risk analysis with keen insights into what is driving credit exposures
• Ability to run projects independently and build strong relationships across the Bank
• Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs

Benefits:

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
• Educational resources, matching gift and volunteer programs

Salary range: $125,000 to $222,500 per year.