ALM Management Specialist - Assistant Vice President

Position Overview

Job Title: ALM Management Specialist

Corporate Title: Assistant Vice President

Location: New York, NY

Overview

Treasury Markets Investments (“TMI”) is a fast paced, dynamic function that connects Corporate Treasury to the Capital Markets; we partner with businesses across the franchise and infrastructure functions to provide funding and risk management services and expertise. The Asset Liability Management function (“ALM”) is an integral part of TMI and focuses on interest rate management of the banking book (“IRRBB”).

You will drive the organization forward through active risk management, by developing subject matter expertise on industry topics and a deep knowledge of markets, exhibiting a high degree of professionalism to partner with many areas of the Bank. You will be responsible for measuring, analyzing and reporting interest rate risk in the banking book. As part of this mandate – you will also manage interest rate risk by using derivatives and develop risk mitigation strategies that benefit the Bank commercially (P&L) and meet the rigorous standards/limits set forth by our partners in risk functions.

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

• Monitor, measure, and report Interest Rate Risk in the Banking Book (IRRBB) using models governed under regulatory frameworks
• Support the ALM function in performing scenario analysis, stress testing, and sensitivity analysis related to interest rate movements
• Mitigate interest risk by executing ALM hedging programs, provide risk management support including risk analysis and reporting, propose and seek approval for new hedging strategies
• Assist in the preparation of ALCO materials and regulatory submissions
• Provide subject matter expertise on the modeling of banking book positions such as non-maturity deposits, mortgage loans, and other banking book positions
• Develop and enhance the framework for risk monitoring and reporting
• Ensure model monitoring and maintenance is executed while aligned to model risk protocols

Skills You’ll Need

• Bachelor’s degree in Finance, Economics, Mathematics, or a related field; Master’s or CFA/FRM designation is a plus
• 3–7 years of experience in ALM, Treasury, Risk Management, or related functions within a financial institution
• Partner with business functions outside of Treasury to ensure ALM support to strategic initiatives and to keep ALM informed on activities affecting the banking book
• Stay current on regulatory developments, market trends, and best practices in ALM / IRRBB
  

Skills That Will Help You Excel

• Strong understanding of IRRBB concepts, including EVE, NII, and their sensitivities
• Experience with ALM systems (e.g., QRM) and data analysis tools (e.g., Excel, SQL, Python)
• Familiarity with regulatory frameworks and local US regulatory guidance
• Excellent analytical, communication, and stakeholder management skills.

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 $142,250. 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".