Market Risk Manager - VP Job ID: R0330788
Listed: 2024-09-26
Regular/Temporary: Regular
Location: Sydney
Position Overview Details of the Division and Team: The primary objective of market risk management is to ensure that business units of the bank optimize the risk-reward relationship and do not expose it to unacceptable losses. This objective drives all of the activities conducted within MRM and we work closely with risk takers, risk managers and control and support groups in the process to ensure these objectives can be met.
What we will offer you: A healthy, engaged and well-supported workforce is 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 center.
You can expect: Competitive salary with superannuation paid over and above fixed pay 4 weeks annual leave, plus one week additional leave*, one week wellbeing leave* and the option to purchase leave (*subject to eligibility criteria) Salary packaging for car parking, motor vehicles, taxis and superannuation Parental leave benefits including 26 weeks paid leave for primary carer and 16 weeks paid leave for non-primary carer and Childcare Assistance Payment A range of benefits including online employee discount program, annual flu vaccinations, discounted private health insurance, employee referral program Insurance cover for life, total disablement and salary continuance Executive health checks for Directors and Managing Directors Matched giving and paid volunteer leave Your key responsibilities: Daily monitoring of local risk positions and changes in the portfolio (across all asset classes – Rates, FX, Credit and Equities) using various market risk measures (Greeks, VaR, Stress Testing) Daily review of ANZ economic data, cross-asset class market news and price movements Report preparation, risk analysis and commentary incl. communication to senior MRM management, local FO management and regulators Monitor and setting of local limits and advise/take action when necessary Assist in model and methodology awareness and be a key liaison point with model val and methodology staff. Highlight gaps and weaknesses in current coverage, measurement and/or methodologies Assist on the preparation for FRTB Assist with RNIV and RNIEC reviews. Audit and regulatory inspection preparation Local attendance of various committees and councils Manage the local team Your skills and experience: Established experience (5+ years) in market risk management mandatory Ideally will have had exposure to a number of asset classes including Rates, FX, Credit and Equities A solid understanding of financial products, their pricing and risk profiles (including derivatives and bonds) Be able to interact and build relationships with all senior trading, management and risk staff. A problem solver who is able to work independently VBA and Python skills desirable How we'll support you: Flexible working to assist you balance your personal priorities Coaching and support from experts in your team A culture of continuous learning to aid progression A range of flexible benefits that you can tailor to suit your needs Training and development to help you excel in your career About us and our teams: Deutsche Bank is the leading German bank with strong European roots and a global network.
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment. If you are a trans or gender diverse applicant and require support or a confidential contact during the hiring process please email
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