Securitisation and Interest Rate Risk Manager (f/m/x) for the Private Bank

Details of the role and how it fits into the team

In both the domestic German market and worldwide, the Private Bank ("PB”) provides high-quality advice to over 20 million clients and a broad range of financial services in 19 countries – ranging from day-to-day banking services right through to advisory services for sophisticated Private Banking and Wealth Management clients. In Italy, Spain, Belgium and India the Private Bank offers its services to corporate clients as well as small and medium-sized enterprises. The Private Bank is a strong pillar of the Group: a modern bank that boasts capital markets and financing expertise, a strong global network and modern digital services.

Financial Resource Management ("FRM”) is responsible for steering the balance sheet and capital resources provided to the Private Bank ensuring sustainable growth of the franchise and meeting clients’ needs in a competitive environment. FRM is a sub-division of the Banking, Lending and Investment Solutions division, which is responsible for the management of all Private Bank products (deposits, credit cards, loans, capital markets, advisory and discretionary management). FRM mission includes: - Ensuring each type of PB liabilities and assets are modelled according to their contribution to the bank funding framework and remunerated accordingly; - Optimising capital allocation by executing true sale, synthetic risk transactions and ad-hoc off balance sheet structures - Working with Treasury and Risk functions to optimise interest rate management - Interacting with key stakeholders in Treasury, Finance, Risk, the Corporate Bank and the Investment Bank to work through constraints and limitations; - Providing transparency and giving guidance to business leaders to optimise the Private Bank strategy against these finite resources.

Your key responsibilities

• Be the subject matter expert on capital transactions using PB products (mortgages, consumer finance, Lombard loans) to optimise PB capital consumption and shareholder’s value with a particular focus on Germany Personal Banking and Germany Wealth Management & Private Banking.

• Supports the interest risk rate management of PB asset initiatives in the respective regions and segments in coordination with Treasury and Risk functions.

• Drive transparency, simplification and automation of all Treasury allocation processes for each balance sheet product and segment lines.

• Prepare performance and strategic documents to support an intense dialogue between Treasury and PB (including for the PB Asset & Liabilities Council, regional FRM forums and ad-hoc senior management meetings).

• Works closely with other areas of PB and the Deutsche Bank group including our Treasury function, the institutional investors Coverage teams and our support functions such as Legal and Risk.

Your skills and experiences

• University degree in banking, finance, economics or other comparable business-related fields.

• At least 10 years of professional experience in securitisation in a German bank.

• Excellent knowledge of retail banking products (such as mortgages, consumer finance and Lombard loans) as well as capital regulation on retail products and economic risk models in the banking book.

• Excellent analytical skills to solve complex problems coupled with a business mindset. Ability to develop creative and structured solutions.

• High level of personal initiative and commitment; ability to work independently.

• Ability to translate highly technical concepts into business actionable guidance and Exco level materials.

• Capacity to deliver under time pressure at the highest quality level and flexibility to adapt to changing parameters.

• Ability to work effectively in a global team with a strong capability to motivate and encourage colleagues and to resolve conflicts.

• Excellent oral and written communication skills in both German and English.

What we offer

We provide you with a comprehensive portfolio of benefits and offerings to support both, your private and professional needs.

• Emotionally and mentally balanced
  A positive mind helps us master the challenges of everyday life – both professionally and privately. We offer consultation in difficult life situations as well as mental health awareness trainings.

• Physically thriving
  We support you in staying physically fit through an offering to maintain personal health and a professional environment. You can benefit from health check-ups; vaccination drives as well as advice on healthy living and nutrition.

• Socially connected
  Networking opens up new perspectives, helps us thrive professionally and personally as well as strengthens our self-confidence and well-being. You can benefit from PME family service, FitnessCenter Job, flexible working (e.g parttime, hybrid working, job tandem) as well as an extensive culture of diversity, equity and inclusion.

• Financially secure
  We provide you with financial security not only during your active career but also for the future. You can benefit from offerings such as pension plans, banking services, company bicycle or "Deutschlandticket”.

Since our offerings slightly vary across locations, please contact your recruiter with specific questions.

This job is available in full and parttime.

In case of any recruitment related questions, please get in touch with Ahmet Deniz.

Contact Ahmet Deniz: +49 (69) 910-45237

Wir streben eine Unternehmenskultur an, in der wir gemeinsam jeden Tag das Beste geben. Dazu gehören verantwortungsvolles Handeln, wirtschaftliches Denken, Initiative ergreifen und zielgerichtete Zusammenarbeit.
Gemeinsam teilen und feiern wir die Erfolge unserer Mitarbeiter*innen. Gemeinsam sind wir die Deutsche Bank Gruppe.

Wir begrüßen Bewerbungen von allen Menschen und fördern ein positives, faires und integratives Arbeitsumfeld.