Intern - Risk (Rolling Intake)

Your role

Risk division has a fundamental responsibility to protect the Bank. With group-wide responsibility for the management and control of credit, market, operational and reputational risks, they have a unique vantage point that allows them a holistic view of their businesses and clients. Nearly 4,000 employees work together in the division to achieve their ambition to be an industry-leading risk management organisation.

In an increasingly complex environment, risk management is fast becoming the most sought-after place to build a career within the banking world. Risk at Deutsche Bank is relied upon to help shape the strategy of the organisation and the wider industry agenda. The Global Credit Analytics Function (GCAF) is entrusted with the work of assigning and surveillance the Probability of Default Rating to Corporate and Institutional counterparties of the Bank. As part of Risk’s transformation journey, GCAF is bringing Credit documentation to its purview and requires strong analysts to handle the same.

Your key responsibilities

• Undertake accurate and timely credit analysis of counterparties (including Corporates and FIs) by identifying business and financial risk based on an understanding of business model, financial statement analysis, preparing cash flow model/forecast and peer analysis.
• Write Rating reports and credit reviews/analyses for recommendation to Senior members for approval.
• Active participation in Live trades with onshore credit officers (KCP) by understanding the trade dynamics, providing your recommendation and completing the credit write-ups (Addendum) for the same.
• On-going monitoring & surveillance of assigned international portfolios, including rating changes, market/industry developments, news events, etc and assessing the impact on the creditworthiness of the counterparty, keeping DB’s exposure in mind.
• Understand the various banking products (including Trade Finance and Derivatives) and credit documentation for the same. Support the KCP with appropriate checks and their inclusion in the credit reviews.
• Monitoring of limits/exposure: Updating Limit amendments and credit-relevant data updates in the credit system. Exposure monitoring and timely clearance of Excess tickets. Timely monitoring of covenants and regular discussion with KCPs.
• Manage own credit portfolio and assist senior decision makers to make informed decisions based on your recommendations
• Interface directly across with the Credit officers (KCP) and other stakeholders (business side, Exposure management, and various ops teams) to ensure a complete understanding of DB’s exposure and timely completion of the credit reviews.
• Participate in ad-hoc projects related to portfolio exercises (industry/regional exercise), regulatory developments, sector notes, audit exercises and support onshore KCPs for various business strategies.
• Ensure compliance with relevant and applicable local and global regulatory and policy requirements

About you

Your skills and experience

• Relevant professional qualifications are MSc / MA / MBA / CA / CFA, etc.
• Relevant work experience in credit underwriting
• Strong analytical skills, knowledge of financial markets and economic/industry trends
• Strong accounting background, knowledge of financial ratios, financial statement analysis, cash flow projections or project finance

Benefits

What they will offer you

As part of their 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

Training & development

How they will 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

To know more about the internship experience, watch this video:

Career progression

Deutsche Bank prides itself on providing extensive career growth opportunities, encouraging employees to leverage its global network to guide their career plans and choices. By supporting internal mobility across divisions and locations, Deutsche Bank ensures continued professional development, retains institutional knowledge, and fosters a collaborative ‘one-bank’ approach, making it a place of growth and skill enhancement for all employees.

Sources

The following sources were used in researching this page:

• careers.db.com/inside-deutsche-bank/career-start-and-mobility
• careers.db.com/inside-deutsche-bank/our-learning-culture
• youtube.com