US Rates - Rates Market Risk Manager – Vice President
At a glance
VP-level Risk & Financial Compliance role at Db. New York · full-time · $125,000–$222,500 base.
financeroles summary, based on the employer's posting.
What you'll do
- Maintain risk controls for the US Rates business and check daily stress and VaR exposures for completeness and accuracy
- Review daily P&L drivers and build stress tests that better capture the risks held by the desk
- Track market developments and assess how they could affect desk positions
- Apply governance requirements and work with traders on exposures, new activity and risk infrastructure
- Improve risk reporting and frameworks while coaching colleagues and advising senior stakeholders
What you bring
- You have substantial experience in market risk, trading or structuring, with a sound grasp of market risks
- You understand rates products such as repo, Treasuries or swaps, or another listed product
- You can analyze large datasets, challenge business decisions and communicate clearly across teams
- You have used AI tools to improve workflows and can apply judgment to their outputs responsibly
Who this fits
This VP role suits an experienced market risk professional who can work closely with traders and influence senior partners. The position is based in New York and follows the bank’s hybrid working model, with work in the office.
From the employer
Job Description:
Job Title US Rates - Rates Market Risk Manager – Vice President
Corporate Title Vice President
Location New York, NY
Overview
As a Market Risk Manager covering Rates, you will ensure the effective risk management and oversight US Rates business which includes a variety of sub-businesses such as Repo, Treasuries, Swaps, Options, Exotics, RMBS and Munis. You will join a team of risk managers sitting on the trading floor and directly coordinating with traders and other business partners to help support business expansion initiatives, daily risk management, help with risk appetite calibrations, improve framework and reporting and strive for efficiency and streamlining of processes. You will provide independent challenge and clear risk insight to senior stakeholders, supporting informed decisions across the US Rates franchise.
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
- Developing, implementing, and maintaining risk control framework for the US Rates business
- Daily monitoring of risk, stress and Value-at-Risk (VaR) exposures, ensuring risk completeness and accuracy (for example by monitoring closely and understanding the P&L drivers every day
- Developing and implementing new stress testing analyses to better quantify the different risks that the desk runs
- Keeping abreast of latest news and possible implications to the markets and the positions that the desk runs
- Ensuring internal and external governance policies are being effectively applied
- Liaising with trading desks with respect to exposures, new business and market activity and driving risk management infrastructure development
How You’ll Lead
- Influence senior stakeholders across Trading, Finance, Technology, and other control functions to deliver sound risk decisions
- Drive continuous improvement of risk frameworks, analytics, reporting, and governance processes
- Develop team capability through coaching, knowledge sharing, constructive challenge, and clear accountability
Skills You’ll Need
- Extensive experience in market risk management, trading, structuring which involves understand of market risks
- Experience and understanding of rates products – Repo, Treasuries, Swaps, Options, Inflation, RMBS, Munis, Affordable Housing Loans etc
- Critical thinking with ability to understand and analyse large amount of data and think outside the box
- High standards of integrity and a commitment to ‘doing the right thing’ i.e. ability to challenge the Business
- Experience and ability to work in a fast-paced environment, working with a variety of teams, communicating well and concisely
- 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
- Keeping abreast of latest news and possible implications to the markets and the positions that the desk runs
- Ability to work independently and manage multiple priorities under time pressure
- Strong communication skills and the ability to explain potentially complex and nuanced transaction structures to relevant stakeholders
- Desire to go above and beyond to exceed expectations with work product
- Demonstrating core Deutsche Bank values, teamwork mindset, entrepreneurial drive and skillset
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 $222,500. 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 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!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
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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.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.