Risk and Trading, AVP

This job is with Deutsche Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Role Description

Treasury overview

• Treasury at Deutsche Bank is responsible for the sourcing, management and optimization of liquidity and capital to deliver high value risk management decisions. This is underpinned by a best-in-class integrated and consistent Treasury risk framework, which enables Treasury to clearly identify the Bank’s resource demands, transparently set incentives by allocating resource costs to businesses and manage to evolving regulation. Treasury’s fiduciary mandate, which encompasses the Bank’s funding pools, Asset and liability management (ALM) and fiduciary buffer management, supports businesses in delivering on their strategic targets at global and local level. Further Treasury manages the optimization of all financial resources through all lenses to implement the group’s strategic objective and maximize long term return on average tangible shareholders’ equity (RoTE).
• The current role is part of Treasury Office in DBC Mumbai. The role requires interactions with all key hubs i.e. London, New York, Frankfurt and Singapore.

Function Description

• The Bank operates a “one credit to the market” approach whereby all long-term non-structured debt issuance is managed centrally by Treasury. This approach ensures consistent pricing, standards and governance.
• The objective of the Debt Issuance function is to ensure that the Bank is adequately term-funded at optimal funding costs by issuing debt securities in the global capital markets. In achieving this objective, all relevant variables are considered, including maintaining an appropriate presence in various market segments, ensuring a diverse investor base across platforms and markets and avoiding excess maturity concentrations.
• Debt Issuance is conducted through the Bank and its various branches. Treasury may also approve issuance through other Group subsidiaries.

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

You will be a member of a 1st line of defense trading desk; supporting all aspects of Debt Issuance for the EMEA and APAC desks. Working with Issuance managers located in other hubs, the role requires an understanding of bond pricing and funding curve methodologies, market risk management concepts and ideally knowledge of DBAnalytics. The role has a focus on debt products and will provide exposure to a wide range of stakeholders including Finance, Risk, Model Risk, GVG, Compliance, Product Governance, LTRA, LM, FTP, Capital, IT etc. Day-to-Day responsibilities will include:

• Active risk management of Issuance portfolio and indulge in hedging when required
• Trade capture and life-cycle management in Kondor, Summit, iTAP, Bloomberg, Kannon
• Supporting debt Issuance in all aspects of arranging funding and hedging for Senior Preferred and Non-Preferred debt (e.g. pricing new deals and buybacks). Stakeholders include IB Sales, Structuring and Trading desks
• You will also work to develop & implement strategic funding platforms for various note issuance (e.g. TRS hedging & MTM deposit funding)
• Involvement in planning, designing, and pricing of new SP and/or SNP issuances
• Engage with Liquidity Management, FTP and Planning teams on Planning, Funding Cost & Liquidity Forecasting topics
• Support Market Risk, P&L & Issuance reporting, including sign-off
• The role will also involve supporting various strategic change projects, e.g. strategic risk and booking model projects
• Analysis of Callable Notes
• Preparation of various MI, e.g. a weekly bulletin for Issuance desk.
• Working with Treasury Finance and GVG on Financials & Valuation topics.
• Provide support of onshore desk in the risk management when traders are on leave

Your skills and experience

• University degree with a quantitative focus (Finance, Mathematics, Computer Science, Physics or other life sciences) is of benefit
• Good Understanding of Fixed Income Products and their underlying risks
• Strong analytical and problem-solving skills and demonstrated ability to work independently
• A quantitative/technical background with ability to work with large datasets and preferably a programming language
• Ability to interface with demanding stakeholders in business and infrastructure functions. Strong written, verbal communication and presentation skills
• Ability to manage and coordinate activities to tight deadlines across different teams and time zones
• Flexible, confident, intellectually curious individual with ability to work collaboratively in a global team.

Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

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:

https://www.db.com/company/company.html

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.