Verified Job
Accounting - Finance
Market Risk Analyst
Accounting - Finance
#357087
Remote / WFH
Job Description
Position Overview
Role Description
This role is for an Associate within the Strategic Initiatives Group (SIG) function. SIG is a function within Market Risk Analysis & Control responsible for:
Analysing and testing of Front Office changes impacting Market Risk on both current and strategic set of systems
Executing high quality analysis and providing clear & concise commentary explaining test results
End to end delivery of fixes and enhancements to current production Market Risk Systems
Running model calibration tests for Market Risk Methodology
Owning and coordinating initiatives that lead to improvements in Run the Bank tools and business processes
Submitting requirements to upstream, reviewing and testing implemented changes on MVRM systems and calculations to enable effective system consolidation and/or de-commission plans while ensuring quality of final outcomes
The successful candidate should be able to demonstrate a good understanding of market risk from a control analysis and reporting standpoint, a good understanding of front to back processes and operating models at a tier 1 investment bank and strong verbal & written communication skills. Additionally, effective organisational skills are required to manage the delivery of SIG initiatives.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
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
Role includes support of following Projects (examples): FO system changes, risk standardisation and potential to engage with FRTB QIS team on adhoc projects
Facilitate testing for Front Office migrations, including collating testing requirements, early analysis, testing and co-ordination of testing, results analysis and clear communication of results & analysis to stakeholders
Communicating test requirements with key stakeholders involved in the Front Office system changes.
Planning, scheduling and tracking different tests so that they are delivered on time, accurately and with minimal issues.
Provide summary as well as clear, concise and relevant commentary on the test results to MRM to enable their review and sign off.
Support core 'Standardised Risk' adoption test team in all aspects of testing and migrating native Kannon risk to CCO feeds, including performing risk review in Kannon Risk Viewer, end to end review of Market risk systems flows (current & future) to ensure correct sensitivities treatment in various calculations, test results communication with clear commentary and sign off gathering.
Support review & perform testing to extend 'Standardised Risk' adoption to other valuation engines to enable more granular straight through feeds via Kannon CCO, helping MVMR reach target state architecture and de-commission plans. This includes specification gathering, review/enrichment, raising requirements to FO, reviewing Standardised Risk generated & sent via Kannon CCO and working closely with Front Office to ensure it is to Market Risk specification.
Assist with preparation of relevant working group materials/updates to senior management on progress of the testing/project.
End to end delivery of fixes and enhancements to current production Market Risk Systems
Assisting in initiatives that lead to improvements in test process, Run the Bank tools and business processes.
Pro-actively engage with risk production teams to ensure testing process is up-to-date and team knowledge includes latest production functionality. Engage collaboratively with MRM, MRAC, Methodology, IT, Strats and Finance on common issues.
Develop reports or analytical tools to facilitate robust testing process, including automation in order to drive down costs and improve process.
Contribute to analysis of potential improvements to current data flows which can be incorporated in future state systems
Your Key skills & experience
Good product knowledge across one or multiple asset classes (Rates, Credit, FX, Equities products) good understanding of how sensitivities are generated, and calculation of various risk measures used to monitor Market Risk
At least 5 years of relevant work experience at an international tier 1 bank or equivalent working in a
n equivalent Governance & Control / Project Management role in Market Risk Market Risk Management, Control or Analysis background and/or Market Risk Projects experience of benefit.
Experience and interest in how data and business processes should be organised front to back at a tier 1 investment bank.
Good organisational and prioritisation skills a must to enable handling of multiple analyses, projects and priorities simultaneously.
Keen interest in various risk frameworks and how they are interconnected for bank's capital
Logical thinker with good experience and skills in handling large data sets and keen interest to learn Python and/or SQL to enable solution testing and automation
A team player with strong but collaborative personality
Able to work independently with appropriate guidance
Good verbal, written communication and interpersonal skills with ability to communicate well with key stakeholders across business areas
Able to think clearly under pressure to deliver high quality results and willing to learn and adapt processes to achieve same/better quality results quicker going forward
A committed and motivated individual for self development and growth
Project Management Knowledge/Experience would be of benefit
Keen interest in learning DBAnalytics (internal valuation library) will be a great advantage
Actively supports the business strategy, plans and values, contributing to the achievement of a high performance culture
Takes ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution
Acts as a role model for new employees, providing help and support to facilitate early integration and assimilation of their new environment
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:
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
5.00-7.00 Years
Role Description
This role is for an Associate within the Strategic Initiatives Group (SIG) function. SIG is a function within Market Risk Analysis & Control responsible for:
Analysing and testing of Front Office changes impacting Market Risk on both current and strategic set of systems
Executing high quality analysis and providing clear & concise commentary explaining test results
End to end delivery of fixes and enhancements to current production Market Risk Systems
Running model calibration tests for Market Risk Methodology
Owning and coordinating initiatives that lead to improvements in Run the Bank tools and business processes
Submitting requirements to upstream, reviewing and testing implemented changes on MVRM systems and calculations to enable effective system consolidation and/or de-commission plans while ensuring quality of final outcomes
The successful candidate should be able to demonstrate a good understanding of market risk from a control analysis and reporting standpoint, a good understanding of front to back processes and operating models at a tier 1 investment bank and strong verbal & written communication skills. Additionally, effective organisational skills are required to manage the delivery of SIG initiatives.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
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
Role includes support of following Projects (examples): FO system changes, risk standardisation and potential to engage with FRTB QIS team on adhoc projects
Facilitate testing for Front Office migrations, including collating testing requirements, early analysis, testing and co-ordination of testing, results analysis and clear communication of results & analysis to stakeholders
Communicating test requirements with key stakeholders involved in the Front Office system changes.
Planning, scheduling and tracking different tests so that they are delivered on time, accurately and with minimal issues.
Provide summary as well as clear, concise and relevant commentary on the test results to MRM to enable their review and sign off.
Support core 'Standardised Risk' adoption test team in all aspects of testing and migrating native Kannon risk to CCO feeds, including performing risk review in Kannon Risk Viewer, end to end review of Market risk systems flows (current & future) to ensure correct sensitivities treatment in various calculations, test results communication with clear commentary and sign off gathering.
Support review & perform testing to extend 'Standardised Risk' adoption to other valuation engines to enable more granular straight through feeds via Kannon CCO, helping MVMR reach target state architecture and de-commission plans. This includes specification gathering, review/enrichment, raising requirements to FO, reviewing Standardised Risk generated & sent via Kannon CCO and working closely with Front Office to ensure it is to Market Risk specification.
Assist with preparation of relevant working group materials/updates to senior management on progress of the testing/project.
End to end delivery of fixes and enhancements to current production Market Risk Systems
Assisting in initiatives that lead to improvements in test process, Run the Bank tools and business processes.
Pro-actively engage with risk production teams to ensure testing process is up-to-date and team knowledge includes latest production functionality. Engage collaboratively with MRM, MRAC, Methodology, IT, Strats and Finance on common issues.
Develop reports or analytical tools to facilitate robust testing process, including automation in order to drive down costs and improve process.
Contribute to analysis of potential improvements to current data flows which can be incorporated in future state systems
Your Key skills & experience
Good product knowledge across one or multiple asset classes (Rates, Credit, FX, Equities products) good understanding of how sensitivities are generated, and calculation of various risk measures used to monitor Market Risk
At least 5 years of relevant work experience at an international tier 1 bank or equivalent working in a
n equivalent Governance & Control / Project Management role in Market Risk Market Risk Management, Control or Analysis background and/or Market Risk Projects experience of benefit.
Experience and interest in how data and business processes should be organised front to back at a tier 1 investment bank.
Good organisational and prioritisation skills a must to enable handling of multiple analyses, projects and priorities simultaneously.
Keen interest in various risk frameworks and how they are interconnected for bank's capital
Logical thinker with good experience and skills in handling large data sets and keen interest to learn Python and/or SQL to enable solution testing and automation
A team player with strong but collaborative personality
Able to work independently with appropriate guidance
Good verbal, written communication and interpersonal skills with ability to communicate well with key stakeholders across business areas
Able to think clearly under pressure to deliver high quality results and willing to learn and adapt processes to achieve same/better quality results quicker going forward
A committed and motivated individual for self development and growth
Project Management Knowledge/Experience would be of benefit
Keen interest in learning DBAnalytics (internal valuation library) will be a great advantage
Actively supports the business strategy, plans and values, contributing to the achievement of a high performance culture
Takes ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution
Acts as a role model for new employees, providing help and support to facilitate early integration and assimilation of their new environment
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:
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
5.00-7.00 Years
