Regulatory Adherence Advisor

Deutsche Bank - London3.9

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Job ID: 3194854 Full/Part-Time: Full-time
Regular/Temporary: Regular Listed: 2019-06-26
Location: New York, United States of America
Risk

The Risk division has a fundamental responsibility to protect the Bank. With group-wide responsibility for the management and control of credit, market, operational and reputational risks, we have a unique vantage point which allows us a holistic view of our businesses and our clients. Nearly 4,000 employees work together to achieve our ambition to be an industry-leading risk management organisation.

In an increasingly complex environment, risk management is fast-becoming the most sought after place to build a career within the banking world. Risk at Deutsche Bank is relied upon to help shape the strategy of the organisation and the wider industry agenda.

Position Overview
Job Title: Financial Institutions Credit Officer
Corporate Title: Vice President
Location: New York, NY

Overview

The Financial Institution (FI) Credit Officer will be responsible for assisting in managing Deutsche Bank’s counterparty credit risk to Americas based FI’s. You will have your own dedicated portfolio, spanning a broad range of FI’s, and will be responsible for approving transactions, as well as reviewing and monitoring the counterparties on an ongoing basis. The team ultimately reports into the Global Head of FI’s Credit, based in New York. FI Credit Risk Management provides credit risk management and oversight across Deutsche Bank’s business activities with North American FIs and Municipal/Public Finance counterparties.

What We Offer You:
We offer competitive health and wellness benefits, empowering you to value life in and out of the office
Retirement Savings Plans, Parental Leave, and other family-friendly programs
On-site cafeteria, health center, and communal meeting areas
Active engagement with the local community through Deutsche Bank’s specialized employee groups
Hear from our people and look inside our office: DB@The Muse

Your Role

What You’ll Do:
Undertake initial credit due diligence for new clients to fully understand their credit profile, and the intended business activity
Efficiently and promptly approve (or recommend) appropriate credit limits
Prepare all credit reports and supporting materials in manner consistent with Bank policies and procedures
Interact with Relationship Managers and marketers to secure appropriate documentation to enable proposed transactions
Assess credit quality of the sectors in question
Help apprise management of significant events within the industries which have a major negative impact on credit quality
Play a key role in the legal documentation process to ensure that appropriate credit covenants/ATEs are included in legal agreements to allow Deutsche Bank to take action to close out portfolios and terminate trades in the event of a default or any credit deterioration (e.g. a sharp deterioration in performance)
Participate and contribute to discussions on portfolio strategies, limit setting, credit policy, etc
Review day-to-day transaction approvals received from sales teams across the Bank, and analysis of more bespoke structured transactions

How You’ll Lead:
Regular interaction with Senior Risk Management
Ongoing interaction with Senior Business Partners, including the Head of FI Corporate Banking, as well as various MD’s in Investment Banking and Sales and Trading
Outstanding mentoring opportunities

Skills You’ll Need:
Degree level education or equivalent
Relevant industry experience in managing FI credit risk
Prior experience in managing credit risk to specialty finance, broker-dealers and banks and/or some experience to clearinghouses/exchanges, insurance companies, or municipalities also is a plus

Skills That Will Help You Excel:
Product knowledge should cover all major derivative instruments, securities financing, as well as more traditional lending products, including financing engagements involving investment banking mandates
Confident decision maker able to competently explain the reasoning, which supports credit decisions
Strong team player, capable of working alongside colleagues in an effort to achieve team goals
Self-starter, able to manage their own workload with minimal guidance from senior members of the team
Articulate and at ease when interacting with internal and external clients
About Deutsche Bank

We are Germany’s leading bank with strong positions in Europe and significant presence in the Americas and Asia Pacific. We’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritizing long-term success over short-term gains, and serving society with ambition and integrity. We serve our clients’ real economic needs in commercial and investment banking, retail banking and transaction banking, and provide ground-breaking products and services in asset and wealth management. That means a career packed with opportunities to grow and the chance to shape the future of our clients.

For candidates applying for positions in the US:
Deutsche Bank is an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the “ EEO is the Law ” poster and pay transparency statement.