Job Title:
Real Money Fund Credit Risk Officer - Assistant Vice President

Company: Deutsche Bank

Location: jacksonville, FL

Created: 2024-05-04

Job Type: Full Time

Job Description:

Job Description:Job Title Real Money Fund Credit Risk OfficerCorporate Title Assistant Vice PresidentLocation Jacksonville, FLOverviewThe Risk division is responsible throughout the Group for management and control of all credit, market and operational risks, and the function of the Risk division consist in managing, reinforcing, and protecting the Bank's capital, integrity and reputation by making a solid structure and supportive infrastructure available.Real Money Funds (RMF) Credit Risk is an independent credit approval and monitoring function within Deutsche Bank for Mutual Fund counterparties. The RMF Credit Team is a specialized credit team within Risk which covers a diverse portfolio of low-risk funds, including Complex funds such as Absolute Return, Liquid Alt and Risk Premia funds in conjunction with global RMF Credit team.As a RMF Credit officer, you will be required to oversee the workflow of RMF counterparties including the preparation of annual credit and rating reviews, counterparty maintenance and administrative tasks, in a timely manner with the assistance of RMF Credit Officers globally. You will need to follow the credit standards and approved credit processes of Deutsche Bank which also comprises working with respective business, credit and other infrastructure functions to ensure data quality and internal policy standards and you will participate in detailed discussions & build relationships within defined functions and communicate with stakeholders on multiple levels of the organization.What We Offer You A diverse and inclusive environment that embraces change, innovation, and collaborationA hybrid working model, allowing for in-office work from home flexibility, generous vacation, personal and volunteer daysEmployee Resource Groups support an inclusive workplace for everyone and promote community engagementCompetitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefitsEducational resources, matching gift and volunteer programsWhat You'll Do Team management with responsibility for development of staff (including training and mentoring) and act as central coordinator across teamsstakeholders maintain oversight of all tasks to be managed by the RMF Team according the book of work, Key Performance Indicator (KPIs) and relevant guidelines as well as output qualityOversee the day-to-date activities of the RMF team globally, provide strong leadership, guidance and expertise, and serve as a liaison to the global RMF Credit teamTake ownership of portfolios (Appetite determination, risk evaluation, reviews), auditregulators requests or inquiries, recurring issues, and able to find solutions as well as workflow improvementsRegular attendance at scheduled meetings, telephone conferences (e.g. presentations of work results to decision-makersworkgroupssenior management) as well as client due diligence calls or meetingsUse expert judgement to determine appropriate legal documentation and collateral terms, with the Firm's policy standard and risk appetite and Lead management of complex transactions, articulating the credit viewpoint to senior management and committees as appropriateWork with Collateral Management to resolve any margincollateral issues in a timely manner and updatingescalating to credit officers which is essential in managing the large RMF portfolioSkills You'll Need Relevant University degree (Economics, Finance, Business Administration) or local equivalentModerate relevant work experience required (preferably in finance and in Credit Risk)Excellent verbal and written English language skillsVery good Microsoft Office skillsVery good understanding of concept of Credit Risk requiredSkills That Will Help You ExcelExcellent communication skills with ability to facilitate targeted communication between the variety of stakeholder and across all levels of the organization (incl. senior management) and across multiple divisionsAnalytical mind with ability to understand and overlook broader picture and end-to-end processes, identify dependencies and potential road blocksExcellent ability to work with both, a high degree of independence and as part of a teamAble to cope well under pressure and to tight deadlinesGood eye for detail, numerically literateExpectationsIt is the Bank's expectation that employees hired into this role will work in the Jacksonville, FL office in accordance with the Bank's hybrid working model.Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability andor religion.The salary range for this position in Jacksonville is $78,000 to $111,800. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.Deutsche Bank Values & DiversityWe believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.We are an Equal Opportunity Employer - VeteransDisabled and other protected categories.Learn more about your life at Deutsche Bank through the eyes of our current employees: California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice, please email Bank Benefits At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision#LI-HYBRID #LI-REMOTE #LI-ONSITEOur 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, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.