Job Title: Credit Risk Specialist

Corporate Title: AVP

Location: Mumbai, India

Role Description

• Are you a highly analytical and detail-oriented professional with a passion for risk management and quantitative analysis? We are seeking a motivated Credit Risk Analyst to join our dynamic Enterprise Risk & Treasury Management (ERTM) team. In this pivotal role, you will be instrumental in supporting the delivery of key initiatives within our "Transformation and Portfolio Stress Testing" function, contributing to critical decision-making and ensuring the robustness of our credit portfolios.
• This is an opportunity to deepen your expertise in credit risk, engage with complex data, and play a key role in shaping our stress testing capabilities. You will work within a collaborative environment with colleagues in Europe and US, engaging with various stakeholders across the organization and contributing directly to reports for senior management and regulatory bodies.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy,

• Best in class leave policy.
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

As a Credit Stress Testing Analyst, your primary responsibilities will be focused on two key areas: Portfolio Stress Testing Delivery and Process Improvement, alongside crucial Relationship Management:

Portfolio Stress Testing Delivery & Analysis

• Support comprehensive credit stress testing for diverse asset classes, including Commercial Real Estate, Private Capital, and Leverage Lending Portfolios.
• Contribute to the execution of critical regulatory stress tests such as CCAR (Comprehensive Capital Analysis and Review) and other Legal Entity Stress Testing.
• Actively participate in the production of Group Wide Stress Testing (GWST).
• Perform advanced quantitative and qualitative analysis of key metrics and model outputs related to credit loss forecasting, providing insightful evaluations.
• Ensure the integrity of our internal control framework, data quality, and attestation processes by collaborating closely with finance, business, and other central functions.
• Contribute to the preparation of efficient and regular reports for senior management and various governance forums, translating complex analysis into clear and actionable insights.

Process & System Improvements

• Document process changes thoroughly and raise detailed business requirements for potential enhancements related to strategic systems and methodologies.
• Actively participate in testing activities related to business/data attributes and methodology requirements as part of change program delivery, ensuring accuracy and functionality.
• Drive automation initiatives for existing processes and data sourcing, leveraging your technical skills to enhance efficiency and reduce manual effort.

Relationship Management & Expertise

• Serve as a primary point of contact for the ERTM group and Legal Entities on all credit stress-related topics, providing clear and timely communication.
• Build strong relationships with internal and external stakeholders, business associates, and senior management, fostering effective collaboration.
• Develop into a recognized subject matter expert for defined asset classes, providing authoritative guidance and insights.
• Support interactions with internal audit requests and regulatory/supervisory authorities, ensuring compliance and transparency.
• Beyond these core projects, you will be an integral part of the wider ERTM Stress Testing team, providing support for stress testing production processes as needed to ensure continuous delivery and team success.

Your skills and experience

• Education: Bachelor's or Master's degree in Mathematics, Statistics, Physics, Econometrics, Engineering, or a closely related quantitative field.
• Quantitative Background: Strong mathematical and programming foundation, ideally with specialization in statistics, financial mathematics, or computer science.
• Experience
  • Proven track record and experience gained within a banking or risk management environment, preferably in a credit stress testing-related function.
  • Work experience in credit risk is highly desirable.
• Competencies
  • Exceptional attention to detail and a commitment to ensuring high quality and consistency in all produced reports and analyses.
  • Very strong IT and data management skills, with expert proficiency in Excel and Python.
  • Deep subject-matter and technical expertise in credit risk stress testing (including Expected Credit Loss (EC), Expected Loss (EL), Economic Capital (ECL), Risk-Weighted Assets (RWA), and Exposure at Default (EAD)) is highly desirable.
  • Theoretical and practical knowledge of risk management techniques, particularly within credit risk.
  • Good knowledge in the quantification of financial products (including derivatives) and credit risks would be highly beneficial.
  • Flexibility and adaptability to changing processes and solutions, with a proactive approach to driving improvements.
  • Proficiency in English (verbal and written) is essential.
• Personal Characteristics
  • Highly analytical and structured thinking with strong problem-solving capabilities.
  • Excellent communication skills, with the ability to articulate complex statistical concepts and results to business stakeholders in clear, layman's terms.
  • Strong interpersonal skills and the ability to collaborate effectively across different locations and engage confidently at all levels of the business.

How we’ll support you

• Training and development to help you excel in your career.
• 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.

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

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.