IB - Collateralized Trading Risk Manager, GFX Second Order Risk Group- VP

Details of the Division and Team:    

The Second Order Risk Group (SRG) is DB’s in-business risk team for the FIC Platform Businesses (FXPB, Rates PB and LD&C) as well as the GFX business, including Metals. The key role of this front‑office team is to quantify, price, and manage collateralized credit risk. To achieve this, SRG assess clients’ credit and market risk profiles at initial onboarding as well as on an ongoing basis, to select the appropriate margin framework and terms to suit clients’ needs and manage DB’s credit risk exposure. SRG also own and are responsible for the development of the bank’s internal margin methodologies. These innovative margin methodologies are a key differentiator for DB and the Singapore role includes supporting the growth of the business in Asia by joining client meetings to pitch DB’s margining capabilities.

In addition to SRG’s core mandate, the team also manages other second‑order risks including metals specific risks, concentration, event, settlement, and reputational risks in collaboration with product and sales teams

What we will offer you:         

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Flexible benefits plan including virtual doctor consultation services

• Comprehensive leave benefits

• Gender Neutral Parental Leave

• Hybrid working arrangement

• 25 days of annual paid leave, plus public holiday

• A culture of continuous learning to aid progression

Your key responsibilities:

In this role, you will be expected to:

• Enhance and develop margin methodologies to support new product offerings, meet client needs and improve DB risk management

• Design and implement Risk Frameworks to enable growth into new business segments

• Identify and actively manage gap risks and other non-market risks across the businesses

• Engage with Credit Risk Management, Product Heads and Counterparty Portfolio Management (CPM) on risk issues

• Act as a subject matter expert in client pitches

• Perform client and portfolio analysis to select the margin framework and terms best suited to client’s needs whilst managing DB’s credit risk exposure

• Negotiate and approve risk specific legal terms within documents including FXPBA, CSA, UMR and F&O.

• Engage with Regulators and Exchanges on risk and margin topics applicable to the region

Your skills and experience:

To be successful in this role you will have:

• 7 to10 years’ experience in market risk, trading, or management of margin solutions within a Top Tier Investment Bank

• 3 years’ experience working with APAC Exchange and Regulatory Margin Frameworks

• Prior experience in managing counterparty risk across various businesses including pricing and optimising costs associated with Funding, RWA and Leverage as well as working on risk terms in Legal documents including FXPBA, CSA, UMR and F&O.

• Knowledge of precious or base metals and the idiosyncrasies of these markets

• Ability to understand various systems and how to extract data

• Enjoys programming languages (SQL, Python etc)

• Strong technical and quantitative academic background from a top tier business or engineering school

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

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.