Senior Analyst, Model Risk Management
23 hours ago
Senior Analyst, MoRM (DIPL), NCT
Job Description: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 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.
Experience LevelSenior Level-
Senior Risk Analyst
17 hours ago
Mumbai Nirlon Knowledge Pk B, India Deutsche Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per yearInvestment Risk - Senior Risk Analyst Job Description: Job Title: Senior Risk Analyst Location: Mumbai, India Role Description Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change. Join us at DWS, and...
-
Model Validation Analyst
17 hours ago
Mumbai Nirlon Knowledge Pk B, India Deutsche Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per yearModel Validation Analyst - NCT Job Description: In Scope of Position based Promotions (INTERNAL only) Job Title: Model Validation Analyst - 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...
-
Divisional Risk and Control Senior Analyst
2 weeks ago
Mumbai Nirlon Know. Pk B-B, India Deutsche Bank Full time ₹ 20,00,000 - ₹ 25,00,000 per yearJob Description:The BCU team is principally responsible for:Identification and mitigation of non-financial risks (regulatory, conduct and systemic)Supporting the operations of an efficient supervisory and conduct framework.Ensuring the governance of a business' audit portfolioDriving "Change the Bank" initiatives to support the control framework.In addition...
-
Model Validation Specialist
15 hours ago
Mumbai Nirlon Knowledge Pk B, India Deutsche Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per yearModel Validation Specialist - Associate Job Description: In Scope of Position based Promotions (INTERNAL only) Job Title: Model Validation Specialist- Derivative Pricing 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...
-
Mumbai Nirlon Know. Pk B, India Deutsche Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per yearMoRM Americas Model Validation Specialist - Associate Job Description: In Scope of Position based Promotions (INTERNAL only) Job Title: MoRM Americas Model Validation Specialist - Associate Location: Mumbai, India Role Description Model Risk Management's mission is to manage, independently and actively, model risk globally in line with the...
-
Risk Specialist
19 hours ago
Mumbai Nirlon Knowledge Pk B, India Deutsche Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per yearRisk Specialist, NCT Job Description: In Scope of Position based Promotions (INTERNAL only Job Title: Risk Specialist, NCT Location: Mumbai, India Role DescriptionMarket and Valuation Risk Management (MVRM) provides an independent view of market risks and valuation to Deutsche Bank's senior management. Market risk team manages Deutsche Bank's...
-
Risk Analyst
14 hours ago
Mumbai Nirlon Know. Pk B-B, India Deutsche Bank Full time ₹ 4,00,000 - ₹ 12,00,000 per yearCRO India Grads 2026 Job Description: Job Title: Risk Analyst Location: Pune, Mumbai The Deutsche Bank Graduate Programme: From the day you join Deutsche Bank, you'll be working as part of a global team that is transforming the world of banking. You will be part of an extensive training program following which you will be allocated to the...
-
Risk Specialist
17 hours ago
Mumbai Nirlon Knowledge Pk B, India Deutsche Bank Full time ₹ 10,00,000 - ₹ 25,00,000 per yearRisk Specialist, AS Job Description: In Scope of Position based Promotions (INTERNAL only) Job Title: Risk Specialist, AS Location: Mumbai, India Role DescriptionMarket and Valuation Risk Management (MVRM) provides an independent view of market risks and valuation to Deutsche Bank's senior management. Market risk team manages Deutsche Bank's...
-
Divisional Risk and Control Senior Analyst
14 hours ago
Mumbai Nirlon Know. Pk B-B, India Deutsche Bank Full time ₹ 6,00,000 - ₹ 18,00,000 per yearMI, Reporting, & Governance Job Description: Job Title: Divisional Risk and Control Senior Analyst, AVP Location: Mumbai, India Role Description The Market Conduct Office (MCO) is responsible for embedding market conduct in business decisions, and improving the efficiency, sustainability and transparency of market conduct controls. Residing...
-
Divisional Risk and Control Senior Analyst
19 hours ago
Mumbai Nirlon Know. Pk B-B, India Deutsche Bank Full time ₹ 6,00,000 - ₹ 18,00,000 per yearMarket Conduct Oversight & Framework Job Description: Job Title: Divisional Risk and Control Senior Analyst, AVP Location: Mumbai, India Corporate Title: Assistant Vice President Role DescriptionThe Market Conduct Office (MCO) is an opportunity to embed market conduct in business decisions, and to improve the efficiency, sustainability and...