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Job Description
Job Title:Counterparty Credit Risk Methodology Strat
Location: Mumbai, India
Corporate Title: Associate
Role Description
- You will be joining Group Strategic Analytics (Strats), which combines expertise in quantitative analytics, modelling, pricing and risk management with deep understanding of system architecture and programming.
- Within GSA, the Counterparty Credit Risk Methodology team is responsible for Deutsche Banks derivatives exposure engine to simulate exposure profiles for derivatives and securities financing transactions by applying regulatory approved simulation models.
- The profiles are simulated via Monte Carlo and are the basis to calculate exposure metrics such as EPE (Expected Positive Exposure), PFE (Potential Future Exposure) and AEE (Average Expected Exposure) entering the Economic and Regulatory capital calculations for Counterparty Credit Risk. The team also works closely with Market Risk Management on Basel III projects such as FRTB CVA (Credit Valuation Adjustment) and Prudential Valuation adjustment on XVA.
As part of our flexible scheme, here are just some of the benefits that youll 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.
- Develop, support and enhance Backtesting, Risk?Not?Covered in IMM (RNIEE) and other tools to monitor the performance of the Counterparty Credit Risk models..
- Design, build, and maintain analytical tools and scripts, ensuring all code/documentation is maintained within the Kannon repository and compliant with internal governance.
- Produce high?quality quarterly Backtesting and RNIEE reports for senior management, providing clear explanations of results, drivers, and methodological updates.
- Respond to stakeholder and management queries, providing clear, data?driven explanations of results, assumptions, and methodology choices.
- Support efforts around internal and external audit response including addressing queries and producing ad hoc analysis.
- Drive the timely closure of assigned regulatory/audit/validation findings.
- Provide expertise/support to our main stakeholder in Credit Risk Management, Front Office, Finance and Technology.
- Strong educational background in Quantitative discipline such as Engineering, Financial maths, Statistics etc preferably from good colleges in India e.g. IIT, NIT, ISI etc.
- Demonstrable relevant 35 years industry experience in a similar role with an investment bank or financial institution. Familiarity with Counterparty risk will be preferred.
- Good background in financial maths, statistics, and familiarity with a mainstream programming language preferably Python.
- Good knowledge of financial instruments/derivatives and markets across all asset classes.
- Good computing and programming (coding) skills and experience, utilising programming languages such as Python, SQL etc.
- Hands-on experience with Bitbucket, including creating, maintaining, and managing code repositories.
- Strong analytical mindset with excellent problem solving and data interpretation skills.
- Excellent communication and interpersonal skills, as projects can require interaction and synchronisation with other teams.
- Highly organized and can work both independently and as part of a team in a fast-paced environment.
Looking to get Placed? Try our Placement Guarantee Plan
- 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
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.
Skills
Credit RiskCredit Risk ManagementIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Deutsche Bank AG is a leading global investment bank and financial services company headquartered in Frankfurt am Main, Germany. Founded in 1870, the bank operates in 60+ countries and serves corporations, governments, institutional investors, small and medium‑sized businesses, and private clients.
Deutsche Bank’s core business divisions include the Corporate Bank, Investment Bank, Private Bank, and Asset Management (DWS). The bank is recognized for its expertise in foreign exchange, fixed income, M&A advisory, transaction banking, and wealth management.
In 2024, Deutsche Bank reported revenues of €28.9 billion and a profit before tax of €5.7 billion, with a 2025 revenue outlook of ~€32 billion. The bank continues to execute its Global Hausbank strategy, focusing on sustainable growth, cost efficiency, and digital transformation.
In India, Deutsche Bank has been present since 1980 and operates across Mumbai, Pune, Bengaluru, and Jaipur, offering corporate banking, investment banking, wealth management, and global service centre operations.
Important dates & deadlines?
Application Deadline
03 Apr 26, 01:44 PM IST
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Counterparty Credit Risk Methodology Strat, AS
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