# Risk Specialist, Associate

**Company**: Deutsche Bank
**Location**: Mumbai
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://db.wd3.myworkdayjobs.com/en-US/DBWebsite/job/do-not-use-Mumbai-Nirlon-Know-Pk-B4-B5/Risk-Specialist_R0453250-1?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_91890a19-edf

## Description

We are seeking a Risk Specialist, Associate to join our Counterparty Credit Risk and back testing team in Mumbai.

The team performs comprehensive pre-deal assessment of complex /structured transactions using quantitative/qualitative risk management techniques such as VAR, Potential Future Exposure (PFE), back-testing, scenario / stress testing, dynamic credit hedging & other risk enhancements, and identification of other non-trivial risks (liquidity, wrong-way, dislocation, concentration risk, gap risk).

The scope encompasses all Corporate and Investment Banking businesses covering all derivatives/financing products (rates, FX, equity, credit, commodity, emerging markets, structured products) and liquid collateral in Lombard Loans with Wealth Management clients.

**Your key responsibilities**

- Perform analysis of credit risk of individual derivative trades, typically structured, across all products in the firm - fixed income, equities, commodities, emerging markets, asset-backed and foreign exchange for transaction approval and counterparty portfolio assessment.

- Review Advance Ratio calculation and initial margin methodologies for different asset classes and ensure ongoing methodological and technological improvements of Haircut setting rules and calculation approach.

- Perform and automate ad-hoc scenario analyses and stress tests across portfolios of counterparties and business lines.

- Act as Credit Officer for SPV repack transactions, including risk assessment and formal transaction approval.

- Foster effective engagement with key Credit Risk Management (CRM), Front Office, and Lending stakeholders.

**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 skills and experience**

- 4+ years in Risk Management or related fields.

- University degree in Finance, Economics, Mathematics, Engineering or Physics.

- Strong background in regulatory Counterparty Credit Risk requirements for banks, product risk analysis, with detailed understanding of historical simulation-based credit risk calculations.

- Excellent knowledge of derivatives, funds, shares, bonds, structured notes and their risk profiles.

- Ability to operate strategically with strong problem-solving, analytical skills, and commercial acumen.

- Collaborative personality with excellent presentation, communication, influencing, and networking skills.

- Fluency in English.

- Good understanding, and preferably working knowledge, of Python.

**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

## Skills

### Required
- Python
- MS Office
- Finance
- Economics
- Mathematics
- Engineering
- Physics
- Credit Risk
- Derivatives
- Risk Management

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Source: [Apply at db.wd3.myworkdayjobs.com](https://db.wd3.myworkdayjobs.com/en-US/DBWebsite/job/do-not-use-Mumbai-Nirlon-Know-Pk-B4-B5/Risk-Specialist_R0453250-1?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)