Asset And Liability Management

Job Title Asset and Liability Management ALM Model Risk Specialist AS Location Mumbai India Role Description The candidate will be part of the Asset Liability Management ALM function and responsible for reducing model risk associated with interest rate risk in the banking book IRRBB measurements The team acts as an intermediary in treasury itself and between the business units and other central functions like Market Risk Management and Model Risk Management This gives you a unique view into many exciting and important topics Treasury Treasury at Deutsche Bank is responsible for sourcing managing and optimizing Deutsche Bank s financial resources and providing high-quality steering to the Bank on financial resource deployment Treasury s fiduciary mandate encompasses the Bank s funding pools asset and liability management ALM liquidity reserves management and supporting businesses in delivering their strategic targets at the global and local levels Further Treasury manages all financial resource optimization to implement the group s strategic objective and maximize long-term return on average tangible shareholders equity RoTE The current role is part of the Treasury Office in Mumbai The position requires interactions with all key hubs i e London New York Frankfurt and Singapore Function Description The Asset Liability Management ALM team inside of Treasury is responsible for Structural risk management for the firm including Interest Rate Risk in the Banking Book IRRBB 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 Lead model governance framework for banking book risk metric models Delta EVE Delta NII Group Wide Stress Test and various balance sheet models deposits loans mortgages etc which includes ongoing model monitoring model reviews and model risk tier assessment Set up model monitoring for new models in coordination with model development and validation team Understand and explain the implementation of models being used to measure the interest rate risk in banking book Ensure model inventory and model documentation is up to date Liaise with Model Risk Management and Risk Methodology Team to identify and remediate model findings Perform sensitivity analysis for interest rate risk metrics like Delta NII and Delta EVE Understand NII results under different model parameters and scenarios thereby helping the ALM team with risk-management decisions and scenario analysis Provide risk management support including risk analysis using existing reports and valuation systems create reports presentations and analyses for senior management Support a bank wide strategic change project with the target to improve the quality of historical data usage Your skills and experience University degree with a quantitative focus Finance Mathematics Computer Science Physics Economics or other life sciences is of benefit At least 3 to 4 years of relevant experience in Treasury or Risk Management divisions including areas like Asset Liability Management Model Governance Risk Management Model Development is a benefit Good knowledge in data analysis and processing Excel SQL Python SAS R Good knowledge of QRM for NII simulation and valuation systems is a benefit Strong written verbal communication and presentation skills 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