Asset Quality Review (A/K/A Credit Loan Review Or Credit Risk Review) - Assistant Vice President

Position Overview
Job Title Asset Quality Review (a/k/a Credit Loan Review or Credit Risk Review)
Corporate Title Assistant Vice President
Location New York, NY
Overview
Asset Quality Review (AQR) is a key Risk control function (line of defense) with a high importance in the regulatory environment, AQR is set up globally with main locations in Frankfurt, Berlin, New York, and Mumbai, AQR offers you the opportunity to gain experience in multiple credit sectors/areas. The position is within the U.S. team in New York with a focus on Deutsche Bank’s U.S. operations including the following portfolios: Leveraged and Structured Finance, Commercial Real Estate, Wealth Management, Securitization, Hedge Funds, Corporates and Financial Institutions.
In conducting reviews, you will primarily be assessing the counterparty credit ratings assigned by responsible credit officers; the reviews also include an evaluation of consistent application of rating systems, credit standards and quality of risk management.
The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture. Deutsche Bank has been named ‘Bank Risk Manager of the Year’ by the leading publication risk.net for the second consecutive year (2020 & 2021).
What We Offer You

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

What You’ll Do

• You can expect to connect & participate in an assigned Credit Risk Management’s watch-list / portfolio meeting
• You will review portfolio analyses in terms of an assessment function and/or conduct your own
• Assist in preparing quarterly management reports on AQR’s progress
• As a team member, you will be expected to assist the Reviewer-In-Charge with preparing final reports to Senior Management
• Share on any technical credit knowledge and skills that you may possess to other team members for the purpose of cross-training exercises
• You will collaborate in numerous credit risk reviews, assessing credit exposures within a portfolio with a focus upon the corresponding internal risk ratings and regulatory classification (if applicable), as well as credit process elements

Skills You’ll Need

• You should have attained at least an undergraduate degree. MBA, CPA or CFA a plus
• You need to possess strong knowledge of credit risk analysis (including assessment of complex customer groups, structures, and products), rating approaches and related processes, and sound analytical skills
• You have received fundamental credit risk analysis training and have a sound counterparty credit risk background with relevant work experience in the areas of credit risk management, underwriting, or analysis from the banking industry, rating agencies, regulatory entities or public accounting firms or some combination thereof

Skills That Will Help You Excel

• You need to display excellent writing and presentation skills (i.e., to present data clearly and effectively)
• You must be comfortable discussing your findings/observations and making recommendations with the appropriate balance of tact and professional presence

Expectations
It is the Bank’s expectation that employees hired into this role will work in the New York, NY 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 $85,000 to $140,000. 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 Values & Diversity
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We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.
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Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click here to find out more about diversity and inclusion.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: "EEO is the Law poster" and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .