Developed Markets Financial Institutions Credit Officer - Assistant Vice President

Deutsche BankNew York City, New YorkHybrid, On-siteFull-timePrincipal, 12–15+ yearsListed 56 minutes ago

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About this role

Job Description:

Job Title Developed Markets Financial Institutions Credit Officer

Corporate Title Assistant 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 different types of FI’s, and will be responsible for approving transactions, as well as reviewing and monitoring the counterparties on an ongoing basis. The team reports ultimately into the Global Head of FI’s Credit, based in New York.

In particular, Credit Officers are responsible for handling trade/transaction approvals, setting and monitoring counterparty credit limits, negotiating credit terms in various trading agreements, and interfacing senior management and business on risk issues.

What We Offer You

- A diverse and inclusive environment that embraces change, innovation, and collaboration
- A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
- Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
- Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
- Educational resources, matching gift and volunteer programs

What You’ll Do

- Assist in managing credit/risk associated with lending, counterparty trading, foreign exchange, derivatives, capital market products and structured finance products
- Analyze and recommend approval or declination of credit and trading product transactions for financial institutions
- Prepare credit reports and supporting materials in manner consistent with Bank policies and procedures
- Work with Business and Legal to expedite the execution of Repurchase Agreements, Master Forward Agreements, International Swaps and Derivatives Association, Inc. documentation and Credit Agreements as appropriate
- Monitor individual credit/risk portfolios as well as the industry fundamentals
- 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

Skills You’ll Need

- Proficient Banking/financial services experience in credit, lending and/or marketing with strong credit/risk and financial analysis skills
- Should possess prior experience managing credit risk to Financial Institutions, ideally have some experience with banks, broker-dealers, exchanges and clearing-houses
- Should possess a solid knowledge of trading products, corporate finance, legal and compliance issues, as well as documentation
- Excellent verbal and written communication skills
- Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs

Skills That Will Help You Excel

- Strong analytical instincts and ability to identify and assess key credit risks

- Ability to communicate credit views clearly and work effectively across Risk, Front Office, Legal, and senior stakeholders

- Proactive, accountable, and comfortable managing competing priorities in a fast-paced environment

- Confident challenging assumptions while remaining pragmatic, collaborative, and solutions-oriented

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York City office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $100,000 to $153,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life

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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.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view  Deutsche Bank’s Equal Opportunity Policy Statement  and the following notices:  EEOC Know Your Rights ;  Employee Rights and Responsibilities under the Family and Medical Leave Act ; and  Employee Polygraph Protection Act .