Deutsche Bank AG


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Cross asset risk and profit & loss

08 June England - Greater London, London Perm

Job Title: Cross Asset Risk and Profit & Loss
Corporate Title: Assistant Vice President
Division: Finance
Location: London


The Cross Asset Risk and Profit & Loss (P&L) teams are responsible for producing T0 and or T+1 daily P&L and risk reports for their respective trading desk. Your team ensures that these figures are validated, based on existing controls, in addition to ensuring that the P&L is correctly explained/substantiated.

Key Responsibilities:

* Producing and analysing Daily Risk and P&L reports for Fixed Income structured and Exotics businesses
* Liaising with the trading desk to explain risk and P&L, obtaining trader sign off
* Pricing various financial products using Deutsche Bank pricing tools
* Understanding the source of errors affecting risk and Present Value (PV) calculations, then resolving these in a timely manner
* Ensuring that PV/ Mark to Market (MTM) adjustments, Cash breaks and modelling or pricing exceptions are resolved within the agreed deadlines
* Monitoring Key Risk Indicators (KRIs) and Key Performance Indicator (KPIs) closely
* Participating in Change the Bank (CTB) initiatives
* Managing stakeholders by liaising with traders, market risk, Global Valuation Group (GVG), business and financial control, resolving queries in a timely manner
* Potentially managing a small team

Skills & Qualifications:

* Educated to Bachelor's degree level or equivalent qualification/relevant work experience (a degree in Mathematics, Engineering, Information Technology, Economics or Finance/Accountancy/Banking would be beneficial)
* Experience in Accounting and financial analysis, reporting, P&L, cost reconciliation, Management Information system and Risk Management
* Proven experience in a P&L and Risk environment
* Proficiency in Microsoft Office applications (with particular emphasis on Excel)
* Python, Visual basic for applications (VBA) and C++ skills would be advantageous
* Ability to resolve analytical issues
* Ability to review and analyse daily economic movements of Equities, Foreign Exchange, Rates & Credit derivatives and other financial instruments for accurate reporting
* A proven track record of delivering Risk and P&L to Front office, with clear evidence of problem solving
* Ability to work with virtual global teams in a matrix organisation

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.

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