Deutsche Bank
ALM Management Specialist - Assistant Vice President
Deutsche Bank, New York, New York, us, 10261
Base pay range
$100,000.00/yr - $142,250.00/yr
Position Overview Job Title:
ALM Management Specialist
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 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.
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
Seniority Level Mid-Senior level
Employment Type Full-time
Job Function Finance
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.
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Position Overview Job Title:
ALM Management Specialist
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 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.
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
Seniority Level Mid-Senior level
Employment Type Full-time
Job Function Finance
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.
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