Head of Market Risk, Credit Europe

Job Title Market Risk Manager Credit Trading Structuring Securitisation and Underwriting

Location London

Corporate Title Director

As a Market Risk Manager steering global coverage for the Credit Trading and syndication businesses you will manage a team whose mission is to achieve effective oversight of one of the largest of Deutsche Banks businesses.

You will partner with colleagues across the regions to ensure consistency of approach to understand all the possible drivers of Profit and Loss. Working directly on the trading floor to guide a very dynamic and cooperative team your decisions will ensure we can successfully support business growth within the banks Risk Appetite.

What well offer you

A healthy engaged and well-supported workforce are better equipped to do their best work and more importantly enjoy their lives inside and outside the workplace. Thats why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them

• Competitive salary and non-contributory pension

• 30 days holiday plus bank holidays with the option to purchase additional days

• Life Assurance and Private Healthcare for you and your family

• A range of flexible benefits including Retail Discounts a Bike4Work scheme and Gym benefits

• The opportunity to support a wide ranging CSR programme 2 days volunteering leave per year

Your key responsibilities

• Oversee the Credit Trading businesses including the proactive engagement and partnering with senior management of these businesses driving enhancements to risk culture controls and risk appetite; engage with the Front Office (FO) desk heads and senior traders with respect to exposures new business and market activity

• Mange a team of experienced market risk managers and analysts with an emphasis on development and coaching across geographic regions and a hybrid working model; partnering with other Risk management functions such as Market Risk Analysis and Control Methodology Portfolio Market Data and associated Working Groups and Committees

• Daily monitoring of risk stress and Value-at-Risk (VaR) exposures against limits driving both the articulation and adherence to risk appetite

• Partake on syndication underwritings aside CRM running stress tests comparable deal pricing review and market analysis.

• Ensure risk completeness and accuracy ensuring the limit framework and appetite is commensurate with infrastructure

• Engage regularly with management and regulators as to the status of the portfolio

Your skills and experience

• Solid experience in market risk management either as a second line (market risk) or as a first line (trading structuring) of defence.

• Deep understanding of the full suite of credit products across corporate bonds and loans securitised products credit derivatives and structured lending.

• Proven experience in markets-related roles with great understanding of the impact of financial and economic events on markets and market risk positions

• Strong technical and analysis skills (Excel VBA Python or similar and statistical methods)

• A leader who can build high-performing teams and establish strong partnerships and working relationships with senior managers in a trading business

• An excellent written and verbal communicator able to concisely explain complicated concepts with focus on the so what questions.

How well support you

• Training and development to help you excel in your career

• 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

• We value diversity and as an equal opportunities employer we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers assistive hearing devices adapted keyboards)

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named The Times Top 50 Employers for Gender Equality 2025 for six consecutive years. Additionally we have been awarded a Gold Award from Stonewall and named in theirTop 100 Employers 2024 for our work supporting LGBTQ inclusion.

If you have a disability health condition or require any adjustments during the application process we encourage you to contact our Adjustments Concierge on to discuss how we can best support you. Alternatively you can share your phone number and a member of the team will be happy to call you to talk through your specific requirements.

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.