Risk Methodology Analyst

Risk Methodology Analyst, AS

Job Description:

Job Title: Risk Methodology Analyst, AS

Location: Mumbai, India

Corporate Title: AS

Role Description

• Group Strategic Analytics is part of Group Chief Operation Office (COO) which acts as the bridge between the Bank’s businesses and infrastructure functions to help deliver the efficiency, control, and transformation goals of the Bank.
• You will join Credit Risk Modelling Strats, for our Internal Ratings-Based Credit Risk Methodology team and will be responsible for the development and maintenance of the PD/LGD/CCF models for the Group’s credit portfolios, especially in LGD/CCF methodologies.
• Within RM, LGD/CCF Methodology team is primarily responsible for the calibration of Loss-Given-Default (LGD) and Credit Conversion Factors (CCF) parameters across all credit portfolios of Deutsche Bank Group. You will work in an environment that encourages an open communication, provides a mature feedback culture and offers employees a wide range of options to balance the requirements of the workplace with their personal and family needs.

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

• Responsibility for the development, calibration, monitoring and maintenance of methodologies for the credit risk parameters for Deutsche Bank for both retail and wholesale portfolios compliant with regulatory requirements to modelling of credit risk parameters (such as European Union (EU) Capital Requirements Regulations, European Banking Authority’s Guidelines on Probability of Default (PD) and Loss Given Default (LGD) estimation).
• Presentation of the models to regulators and internal review functions. Resolution of regulatory and internal findings related to the methodology of credit risk parameters or related models.
• As a Specialist Model Developer, you will be responsible for the complete lifecycle of the models and will serve as the central point of contact in the area of LGD and CCF modelling methodologies.
• Recalibration of developed models and continuous improvement of development and calibration methodologies, especially taking into account regulatory developments .
• Efficient processing of large datasets for the purpose of model development or related statistical analyses.
• In-depth analysis of the underlying data, identification of data deficiencies and addressing them, extensive use of data analysis and statistical methods for quantifying credit risk.
• Extensive data and statistical analyses for quantifying credit risk and decision-making.

Your skills and experience

• Educated to Masters and/or Doctor of Philosophy (PhD) level or equivalent qualification/work experience in a quantitative discipline such as Mathematical Finance/Statistics/Econometrics, with focus on application of theoretical knowledge into practice.
• Good knowledge of credit risk and relevant regulations related to the modelling of the credit risk parameters (PD, LGD, CCF) as well as multi-year experience in internal modelling.
• Strong analytical skills, proven ability to handle and optimize processing of complex datasets, proficiency with advanced statistical techniques as well as hands-on experience with analytical packages (at least Statistical Analysis System (SAS) and Python).
• Proven experience in delivering complex model development projects requiring cross-functional stakeholder syndication and in executing regulatory audits and other external reviews of internal models.
• Ability to work with both a high degree of independence & as part of a team across locations

• Effective communication skills, the ability to share clear messages and explain complex ideas in an understandable way, excellent written and verbal skills in English.

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:

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.

Experience Level

Executive Level