Private Bank Risk Officer - Vice President

Job Description :

Job Title Private Bank Risk Officer

Corporate Title Vice President

Location New York

Overview

The Private Bank credit team is tasked with managing the credit risk for Deutsche Bank's Private Bank business. In particular, the Risk Officer is responsible for handling approvals for all private bank related transactions, retained on balance sheet.

Additional tasks include setting and monitoring counterparty credit limits, negotiating term sheets, reviewing due diligence, and underwriting, and interfacing with senior management and business personnel.

You will be expected to analyze and recommend approvals / declines, or new loan terms for proposed transactions that are secured asset types such as commercial real estate, art, private shares, residential properties, equity investments and / or or publicly listed equities and securities.

You will act as the primary intermediary between the Business units, department heads and credit committees, assist in structuring transactions to achieve optimal risk / return outcomes, and monitor portfolio and financial / market developments within the private bank and related sectors.

Experience leading / managing internal and external audit coordination is also required.

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

• Analyze and recommend credit approval / declines or suggest new loan terms for proposed transactions that are either secured or unsecured
• Act as the primary intermediary between the Business units, department heads and credit committees
• Assist in structuring transactions to achieve optimal risk / return outcomes
• Monitor portfolio and financial / market developments as needed to enhance response capability and corporate knowledge
• Interact with internal business unit personnel to prepare credit reports and due diligence documentation that support Deutsche Bank's business strategies while operating within the constraints of Deutsche Bank's risk appetite for Private Bank loans in a manner consistent with its policies and procedures
• Monitor an existing portfolio, sponsor / guarantor financial capacity, Watchlist credits and prepare impairment analyses and memoranda as necessary
• Maintain data integrity for all names / transactions in IT systems and assist and at times lead Private Bank's Risk's interactions with internal / external auditors and regulatory authorities and other Deutsche Bank infrastructure teams (Finance, Regulatory, Compliance, etc.)
• Support any ad hoc projects assigned on a regional or global level

How You'll Lead

• Lead and train junior teammates
• Interact with internal business personnel and relationship manager(s) to assist in the structuring of new loans or restructuring of existing loans
• Interact with other teams throughout the Bank who have expertise on the underlying assets

Skills You'll Need

• Extensive years of relevant corporate credit, commercial real estate and / or structured finance experience
• Balance sheet lending experience
• Ability to analyze / review structured loans
• Experience working with internal and external auditors

Skills That Will Help You Excel

• Highly motivated VP with ability to work independently
• Excellent verbal and written skills
• Ability to multi-task
• Structured lending experience

Expectations

It is the Bank's expectation that employees hired into this role will work in the New York 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 125,000 to 203,000. 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

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 : https : / / careers.db.com / life

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Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's 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 here to learn more!

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

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LI-ONSITE

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.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.

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.