Credit Risk Officer - Wealth Management - Analyst

Job Description:

Job Title Credit Risk Officer - Wealth Management

Corporate Title Analyst

Location Jacksonville Florida

Overview

Deutsche Banks Private Bank Business is one of the largest wealth managers worldwide. We offer our clients a broad range of traditional and alternative investment solutions as well as comprehensive advice on all aspects of Wealth Management and as a trusted partner of wealthy professionals and entrepreneurs family offices and foundations we create lasting value for clients.

The Private Bank specializes in developing bespoke solutions for our clients around the world and the Credit Risk Officer is responsible for handling approvals for all Private Bank related loan transactions retained on balance sheet. You will be expected to support senior Credit Risk Officers to analyze and recommend approvals/declines or new loan terms for proposed transactions for Private Bank Clients.

Additional tasks include monitoring counterparty credit limits maintaining data integrity for all names and transactions in Risk systems and ensuring compliance with regulations and internal policies and procedures.

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 Youll Do

• As an Analyst in the Credit Risk Management team covering the US Wealth Management Business your role will require carrying out independent assessment of the transactions that will include assessment of appropriateness of the loan structure and underlying collateral securing the loan

• Nature of the collateral would cover the following asset classes: marketable securities (equites bonds structured notes) commercial real estate hedge fund units limited partnership investments residential real estate aircraft yacht art etc

• Based on the assessment assign credit rating and prepare a credit memo with recommendation rationale

• Diligently monitor the portfolio on an on-going basis and ensure pockets of risk within the portfolio are timely identified - be well aware of global regional and local market events and their potential impact on the portfolio

• Ensure portfolio quality remains satisfactory and any risk concentrations and risk limits do not exceed defined risk appetite and are compliant with risk policies and regulations

• Help in preparation of reports and portfolio analysis for auditors regulators and senior management

Skills Youll Need

• Educational qualification (preferably from Tier 1 college with strong academic record): Bachelors or Masters degree in Engineering Finance Economics Statistics Science MBA

• Very strong Excel skills. Programming knowledge (Python / R / C) will be an added advantage

• Prior work experience of moderate in financial services / real estate industry will be preferable (though not a prerequisite)

• Possesses analytical skills and an independent decision-maker mindset with ability to support or defend conclusions

Skills That Will Help You Excel

• Strong self-motivation to learn and take pride in the quality of work delivered

• Ability to learn quickly to be an adept user of proprietary software

• Have an open mind and respect challenging views from stakeholders

• Programming knowledge will be an added advantage

Expectations

It is the Banks expectation that employees hired into this role will work in the Jacksonville office in accordance with the Banks 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 Jacksonville is $48000 to $68800. Actual salaries may be based on a number of factors including but not limited to a candidates 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

We believe talent is found in all cultures countries races ethnicities genders sexual orientations disabilities beliefs generations backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.

Learn more about your life at Deutsche Bank through the eyes of our current employees California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Banks California Privacy Notice please email .

Deutsche Bank Benefits

At Deutsche Bank we recognize that our benefit programs have a profound impact on our colleagues. Thats 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 hereto learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees: California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Banks California Privacy Notice please email.

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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.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act;Employee Polygraph Protection ActandPay Transparency Nondiscrimination Provision.