Market Risk Analysis and Control (MRAC) - Business Aligned Rates and Commodities, VP

Job Description:

In Scope of Position based Promotions

Job Title: Market Risk Analysis and Control (MRAC) - Business Aligned Rates and Commodities, VP

Location: Mumbai, India

Role Description

• Market and Valuation Risk Management (MVRM) provides independent oversight of market risks and valuations to Deutsche Bank's senior management. The Market Risk team independently manages Deutsche Bank's market risk positions.
• You will join the Market Risk Analysis and Control (MRAC) function within MVRM. This role involves overseeing all Business-As-Usual (BAU) MRAC activities for Rates business and supporting the expanding Commodities business. The MRAC function delivers official market risk metrics and core analysis to support risk management decision-making. The global team operates across London, New York, Singapore, Mumbai, and Pune, using a business/asset class and risk metric-aligned matrix supported by central functions.
• This role provides exposure to sophisticated risk management techniques, including the analysis and computation of VaR, SVaR, RNIV, Business Specific Stress Testing, Economic Capital, Incremental Risk Charge, and Backtesting for diverse vanilla and derivative products. The MRAC team utilizes advanced automation and visualization tools (e.g., Python, VBA, Tableau, AI) to deliver value-added analytical outputs.
• As a Vice President, a senior MRAC role, you will need deep expertise in risk management concepts, a thorough understanding of calculation methodologies, and excellent stakeholder and team management skills. Proficiency in automation tools such as Python and Tableau is also required.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

In this Vice President role, your primary responsibilities will include:

• Rates and Commodities BAU Management: Effectively manage Rates team BAU under Rates & GFX MRAC Lead oversight. For Commodities, manage existing Book of Work and onboard new requirements with Commodities MRM.
• Risk Analysis & Commentary: Deliver high-quality analysis and commentary on Day-over-Day (DoD) risk explanations and business risk profiles, providing clear, actionable insights.
• Team Leadership: Lead a team of Assistant Vice Presidents (AVPs) and Associates, ensuring high-quality deliverables.
• Operating Model Development: Contribute to defining and delivering the Front-to-Back target operating model, processes, controls, and reporting for VaR, Economic Capital (EC), and other key metrics.
• Stakeholder Engagement: Foster effective engagement with key Market Risk Management (MRM) and Front Office stakeholders.
• Work Prioritization: Prioritize work to deliver core responsibilities, efficient risk analysis, and ad-hoc requests.
• Hands-on Contribution: Actively participate in executing processes and providing daily BAU and ad-hoc analysis, demonstrating both management and practical involvement.
• Continuous Improvement: Drive process improvement via automation tools, strategic tool adoption, and standardization of analysis and reports across asset classes.
• Data Quality: Resolve data quality issues (FO feeds, methodology errors) and implement consistent analytical use cases across business-aligned teams.
• Issue Transparency: Provide timely and full transparency of issues impacting Rates and Commodities to immediate managers and MRAC senior management.
• Cross-Team Collaboration: Partner with the wider MRAC Asset Class team and other VPs to drive key projects and standardization.
• Broader Impact Communication: Communicate effectively across teams to ensure awareness of broader impacts from issues in your area.

Your skills and experience

• Market Risk Expertise: Strong background in market risk analysis/management, with detailed understanding of historical simulation-based market risk calculations, architecture, processes, controls, product knowledge.
• Strategic & Analytical Skills: Ability to operate strategically with strong problem-solving, analytical skills, and commercial acumen.
• Risk Attributes & Control Frameworks: Broad understanding of risk attributes, booking, structuring, valuation, lifecycle characteristics, and end-to-end market risk processes and control frameworks.
• Product Knowledge: Excellent knowledge of Rates and Commodities asset classes, products, and their risk profiles.
• Collaboration & Communication: Collaborative personality with excellent presentation, communication, influencing, and networking skills. Ability to think clearly under pressure.
• Cross-Functional Engagement: Ability to work cross-functionally and proactively build relationships across Front-to-Back functions.
• Leadership: Advanced team and people leadership skills, including experience working with global teams and multiple stakeholders.
• Experience: 10+ years in risk management or related fields, with recent years in a team leadership capacity.
• Education: University degree in Engineering, Finance, or Economics preferred; relevant risk certification a plus.
• Language: Fluency in English.
• Stakeholder Management: Proven stakeholder management abilities.
• Technical Proficiency: Good understanding, and preferably working knowledge, of Python and Tableau. Excellent knowledge of MS Office tools
• Personal Drive: Committed and motivated individual for self-development and growth.

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

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.