Senior Analyst, MoRM

4 weeks ago


Mumbai, Maharashtra, India Deutsche Bank Full time
Job Description

Senior Analyst, MoRM (DIPL), NCT

Position Overview

In Scope of Position based Promotions (INTERNAL only)

Job Title -Senior Analyst, MoRM (DIPL), NCT

Location - Mumbai, India

Role Description

Model Risk Management's mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for:

- Performing robust independent model validation
- Ensuring early and proactive identification of Model Risks
- Effectively managing and mitigating Model Risks
- Supporting the design of Model Risk metrics
- Implementing a strong Model Risk Management and governance framework
- Supporting bank-wide Model Risk-related policies and practices.

This role spans all aspects of validation applicable to the portfolio of estimation approaches within the Deutsche Bank Combined US Operations (CUSO) across all relevant business units and risk types.

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

- The core responsibility will be to validate Stress testing models used within the larger CCAR PPNR umbrella for DB USA. It's important and incumbent to have an understanding of different aspects of bank's business within different business segments of Corporate Banking, Private Banking, Investment banking.

- However, the role might necessitate model validator to be flexible in moving around different risk areas within US model validation team, outside of core area of responsibility.

- Key tasks include, but not limited to model performance testing, scenario analysis, sensitivity analysis, and conceptual assessment of model assumptions/limitations/weaknesses.
- Developing challenger models including independent data collection and by performing complex analysis and testing.
- Follow regulatory guidelines and the Bank's policies and procedures for model risk management, especially CCAR-specific guidelines.
- Bringing efficiency by automating processes and uplifting frameworks.

Your skills and experience

- 2-3 years of professional experience in model development/ validation or related areas.
- Previous experience in stress testing (DFAST/CCAR/ICAAP) would be a plus.
- The candidate should possess knowledge and experience in working with B/PPNR models across various lines of business, including Corporate Banking, Private Banking, Investment Banking, and Treasury Functions.
- Ability to analyse and understand financial statements (Balance sheet, Income statement) will be advantageous.
- Experience and knowledge of Statistical techniques, strong analytical skills with experience in relevant software packages, e.g., R and Python
- Candidate needs to have experience of report drafting reports and should be able to independently compile model validation reports, follow-through on mitigation of validation findings, and documentation thereof.
- Good presentation & communication skills
- Candidates with Mathematics/Statistics/Economics/Engineering/ MBA or allied background holding Graduate/Post-Graduate degrees are preferred.
- CFA / FRM certification will be a plus for the role.
- Candidates having experience / strong knowledge in Business Intelligence tools like Power BI, Tableau, Automation through MS-Access / VBA, supporting framework development, designing presentations will be a plus for the role.

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:

We strive for a 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.

  • Mumbai, Maharashtra, India Deutsche Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Senior Analyst, MoRM (DIPL), NCTJob ID: R0400354Full/Part-Time: Full-timeRegular/Temporary: RegularListed: Location: MumbaiPosition OverviewIn Scope of Position based Promotions (INTERNAL only)Job Title - Senior Analyst, MoRM (DIPL), NCTLocation - Mumbai, IndiaRole DescriptionModel Risk Management's mission is to manage, independently and actively, model...


  • Mumbai, Maharashtra, India Deutsche Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Model Risk Managements mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for:Performing robust independent model validation;Ensuring early and proactive identification of Model Risks;Designing and recommending Model Risk Appetite;Effectively managing and mitigating Model...


  • Mumbai, Maharashtra, India Talent Corner Hr Services Full time ₹ 8,00,000 - ₹ 25,00,000 per year

    We are looking for a candidate with 1 to 2 years working experience to join our growing team as an Senior Analyst —Transfer Pricing.As an senior Analyst in the transfer pricing team, you will work closely with experienced professionals to support


  • Mumbai, Maharashtra, India Galleon Consultants Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Company DescriptionFounded in 2016, Galleon Consultants is a global management consulting firm offering specialized services to large and multinational corporations across Australia, USA, Canada, Philippines, UK, and India. Our primary focus areas include Executive Search & Recruitment, Legal Services, Financial Services, Marketing & Automation, and Market...


  • Mumbai, Maharashtra, India Perusal Global Full time ₹ 8,00,000 - ₹ 18,00,000 per year

    About Perusal Global SolutionsPerusal Global is a leading offshore financial research and advisory organization based out of Mumbai. The company has clients across the USA, Europe, Australia, the Middle East, and India. Our team has rich experience in executing investment, equity, business research, and consulting projects across asset classes globally. The...


  • Mumbai, Maharashtra, India Namo Advisors Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Company DescriptionNamo Advisors is a boutique financial advisory firm specializing in addressing businesses' finance functions. We provide end-to-end financial services to help grow your business, acting as analysts for financial decisions and long-term finance partners. We offer CFO Services, Startup Advisory, Valuations & Fundraising, Accounting and Tax...

  • Senior Data Analyst

    1 week ago


    Mumbai, Maharashtra, India Shemaroo Entertainment Ltd. Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    Company DescriptionShemaroo Entertainment Limited is a prominent media and entertainment conglomerate in India, offering captivating content across various genres through multiple broadcast channels and its OTT platform ShemarooMe. With a vast content library in multiple languages, Shemaroo reaches over 150 countries, providing exceptional entertainment...


  • Mumbai, Maharashtra, India Galleon Consultants Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    Company DescriptionFounded in 2016, Galleon Consultants is a global management consulting firm serving large and multinational corporations across Australia, USA, Canada, Philippines, UK, and India. Our core focus areas include Executive Search & Recruitment, Legal Services, Financial Services, Marketing & Automation, and Market Research & Compensation...


  • Mumbai, Maharashtra, India Deutsche Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Job Title: Head of Model Risk Management, India Location : Mumbai The Head of Model Management India has responsibilities for the MoRM function operating out of India What we'll offer you As part of our flexible scheme, here are just some of the benefits that you'll enjoyBest in class leave policy Gender neutral parental leaves ...


  • Mumbai, Maharashtra, India origin hr Full time ₹ 5,00,000 - ₹ 12,00,000 per year

    Job Description Senior Data Quality Analyst Full time Location: Pune Posted: 13 hours agoPosition Senior Data Quality Analyst Experience: 8 years Job Location: Pune/Mumbai/BangaloreSkills RequiredCreating dashboards & workflows (PowerBI, Qlikview, etc.) Creating analytics and insight in a DQ setting (PowerBI) Profiling and analysis skills (SAP...