risk manager London, England
Job description
Job Title Data Quality Manager – Credit Risk Models
Location London
Corporate Title Vice President
You will be joining the Credit Change Team which is aligned to Chief Risk Office (CRO) Credit Risk Management and part of Group Chief Operating Office (COO).
The role is required to set up the team responsible for data quality management and remediation of data used in credit risk model development and calibration. Key credit risk models include probability of default (PD), loss given default (LGD) and credit conversion factor (CCF) using data reference data, transaction data, default recoveries, collateral/guarantee data, credit limit data and party data.
You will have a key role on the credit model data quality management, analysis, and remediation. Working to set up a new data quality management function including operating model, quality controls, remediation processes, driving investigations, analysis and changes across Deutsche Bank to remediate root causes.
What we’ll offer you
A healthy, engaged and well-supported workforce are 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 centre.
Hybrid Working
We understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them.
You can expect:
- Competitive salary and non-contributory pension
- 30 days’ holiday plus bank holidays, with the option to purchase additional days
- Life Assurance and Private Healthcare for you and your family
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
- The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year
Your key responsibilities
- Manage and lead a team who are responsible for developing the controls for assessing data captured for use in PD, LGD and CCF model development and calibration
- Define the data quality framework for model development and calibration data
- Analysis of data quality issues identified during model development; investigation and root cause analysis; leading to initiation and execution of data remediation
- Support the calculation of model Margin of Conservatism calculations
- Manage data quality and remediation activities, including default cashflow validation, risk driver completeness, ensure linkage of transactions and facilities to defaulted counterparties
Your skills and experience
- Knowledge of credit risk in terms of exposure, limits, risk mitigants and risk metrics
- Good understanding of banking and trading products
- Good understanding of data processes and controls from a Risk, Finance, Treasury or Operations function
- Strong data controls and analysis background, with good understanding of counterparty data, reference data, limits, and exposures
- Strong Excel skills, experience/ understanding of SQL and Python an advantage
How we’ll support you
- Training and development to help you excel in your career
- Flexible working to assist you balance your personal priorities
- Coaching and support from experts in your team
- A range of flexible benefits that you can tailor to suit your needs
- We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (for example, screen readers, assistive hearing devices, adapted keyboards)
About us and our teams
Deutsche Bank is the leading German bank with strong European roots and a global network.
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
