Risk Methodology Lead (f/m/x)
Deutsche Bank · Berlin, Berlin, Germany
- On site
- Full-time
- €120,000 / year
- Berlin, Berlin, Germany
Job highlights
- Develop credit and climate risk models.
- Perform quantitative risk methodology development.
- Manage large-scale model projects.
- Collaborate with stakeholders and regulators.
- Requires quantitative degree and industry experience.
About the role
Risk Methodology Lead
Group Strategic Analytics (GSA) at Deutsche Bank combines expertise in quantitative analytics, modeling, pricing, and risk management with a deep understanding of platform architecture and coding standards. The department develops firm-wide risk valuation methodologies and provides quantitative tools for risk managers in areas such as capital allocation, risk appetite management, and credit decisions. The Credit & Climate Risk Analytics team within GSA focuses on developing credit loss-projection models and climate risk methodologies, ensuring compliance with regulatory requirements and accounting standards. Mathematical concepts developed by the team are applied across various use cases and legal entities within the firm.
You will work in an international and diverse environment that fosters open communication, a mature feedback culture, and offers a wide range of options to balance work requirements with personal and family needs.
Your Key Responsibilities
- Conduct statistical analyses for quantitative credit risk methodology development projects, including those related to DB’s IFRS9 and CECL frameworks.
- Develop Probability of Default (PD) and Loss Given Default (LGD) projection models for DB’s group-wide stress tests, EBA stress tests, and CCAR.
- Develop climate risk modeling approaches for stress testing, scenario analyses, and ICAAP.
- Implement data processing tools and advanced numerical methods; document modeling concepts, sensitivity analyses, and benchmarking analyses.
- Manage relationships with key stakeholders and business associates across various departments of the Bank, and actively engage with DB’s external auditors and supervisory authorities.
- Manage large-scale model development projects.
Your Skills And Experience
- Post-graduate degree (e.g., Master or PhD) in a quantitative discipline (e.g., mathematics, statistics, physics, econometrics, quantitative finance) and extensive relevant industry experience in a quantitative analytics field.
- Strong analytical skills and ability to solve problems efficiently and proactively.
- Excellent knowledge of financial products, financial markets, and key regulatory requirements for risk methodologies.
- Experience with programming languages and modeling software (e.g., Python, Matlab, R, etc.).
- Strong communication and presentation skills.
- Strong leadership skills.
What We Offer
Deutsche Bank provides a comprehensive portfolio of benefits and offerings to support your private and professional needs, including support for emotional and mental well-being, physical health, social connections, and financial security. Specific offerings may vary by location.
This job is available in full and part-time.
For recruitment-related questions, please contact Nana Darko at nana.darko@db.com.
Deutsche Bank strives for a corporate culture where employees give their best every day, characterized by responsible action, economic thinking, initiative, and goal-oriented collaboration. We welcome applications from all individuals and promote a positive, fair, and inclusive work environment.
Key skills/competency
- Quantitative Analytics
- Risk Management
- Model Development
- Credit Risk
- Climate Risk
- Stress Testing
- Regulatory Compliance
- Data Analysis
- Programming (Python, R, Matlab)
- Leadership
Skills & topics
- Risk Methodology
- Quantitative Analytics
- Credit Risk
- Climate Risk
- Model Development
- Deutsche Bank
- Lead
- Quantitative Finance
- Risk Management
- Stress Testing
How to get hired
- Tailor your resume: Highlight your quantitative background, risk methodology experience, and leadership skills relevant to Deutsche Bank's Risk Methodology Lead role.
- Showcase technical skills: Emphasize your proficiency in programming languages like Python, R, or Matlab, and your experience with financial modeling software.
- Demonstrate regulatory knowledge: Detail your understanding of financial products, markets, and key regulatory requirements for risk methodologies.
- Prepare for behavioral questions: Be ready to discuss your problem-solving approach, communication style, and leadership capabilities during the interview process.
- Network effectively: Engage with current Deutsche Bank employees on platforms like LinkedIn to gain insights into the company culture and the role.
Technical preparation
Behavioral questions
Frequently asked questions
- What are the primary responsibilities of a Risk Methodology Lead at Deutsche Bank?
- The Risk Methodology Lead at Deutsche Bank is responsible for developing quantitative credit risk and climate risk models, conducting statistical analyses, implementing data processing tools, managing large-scale model development projects, and collaborating with key stakeholders, auditors, and supervisory authorities.
- What qualifications are essential for the Risk Methodology Lead position at Deutsche Bank?
- Essential qualifications include a post-graduate degree (Master's or PhD) in a quantitative discipline, extensive industry experience in quantitative analytics, strong analytical and problem-solving skills, excellent knowledge of financial products and markets, proficiency in programming languages like Python, R, or Matlab, and strong communication and leadership abilities.
- Does Deutsche Bank offer flexible working arrangements for the Risk Methodology Lead role?
- Yes, Deutsche Bank offers flexible working arrangements, including part-time and hybrid working options, to help employees balance professional and personal needs. Specifics can be discussed with the recruiter.
- How can I prepare my resume for the Risk Methodology Lead application at Deutsche Bank?
- To prepare your resume, focus on highlighting your advanced quantitative education, extensive experience in risk methodology development, proficiency in relevant programming languages (Python, R, Matlab), and any project management or leadership experience. Quantify your achievements where possible.
- What kind of technical skills are most valued for the Risk Methodology Lead role at Deutsche Bank?
- Deutsche Bank highly values technical skills such as advanced statistical analysis, quantitative modeling, experience with financial products and markets, and proficiency in programming languages like Python, R, or Matlab. Expertise in risk valuation methodologies and regulatory requirements is also critical.
- Who should I contact if I have recruitment-related questions about the Risk Methodology Lead position?
- For recruitment-related questions, you should get in touch with Nana Darko at nana.darko@db.com.
- What is the role of climate risk modeling in this position at Deutsche Bank?
- The role involves developing climate risk modeling approaches for stress testing, scenario analyses, and ICAAP (Internal Capital Adequacy Assessment Process) as part of the Credit & Climate Risk Analytics team's responsibilities.