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…