Job Description

The Risk division plays a critical role in identifying and managing a wide range of risks to which Deutsche Bank is exposed as part of its global operations – from credit and market risks to non-financial risks. As an integral part of this division, Model Risk Management (MoRM) is responsible for the management of model risk, including the independent validation of models as well as the identification and the monitoring & controlling of model risk. Our aim is to identify, aggregate, manage and mitigate risk across the core activities of market risk, credit risk, operational risk management and business models.MoRM is located in Frankfurt, London, New York, Mumbai, and Berlin. The position is in the team responsible for validating business and infrastructure models incl. Anti-Financial-Crime, Finance and Private Bank models. Your tasks and responisibilitesSelf-contained validation of business and infrastructure models with main focus on AFC models and discussion of validation results with involved stakeholdersAnalyze the underlying mathematical methods, verify adequacy of models and their implementation.Serve as contact person regarding all methodology aspects of covered modelsPreparation of impact studies and presentations in relevant governance committees