What are the responsibilities and job description for the Deutsche Bank Graduate Program - Chief Risk Office - New York 2025 position at Deutsche Bank?
Job Description
Deutsche Bank Graduate Program
Division : Chief Risk Office
Location : New York
Application Deadline :
Sunday, February 9th, 2025 at 11 : 59pm
About the program :
The Deutsche Bank Graduate Program is a year-long comprehensive program designed to provide you with exposure to a range of fascinating projects and ongoing professional and technical training to develop the skills you need to grow your career. You'll feel supported by a network of peers and mentors and benefit from our global wellbeing program.
About the division :
Deutsche Bank is exposed to a wide range of risks every day. Credit losses, volatility of market prices, operational failures, infrastructure outages, liquidity shortages, regulatory requirements and legal matters can all have an impact on the bank's capital and reputation. It is the responsibility of the Chief Risk Office to identify, aggregate, manage and mitigate these risks.
The Chief Risk Office does this through rigorous monitoring and measurement processes, framework of principles, close collaboration with the DB's Business divisions and other infrastructure areas. Risk management continually evolves and adapts to keep pace with increasingly complex financial products and ever-changing market dynamics. To be successful in this environment requires a truly integrated approach of capital and risk management, a model embodied by the Chief Risk Office and the bank. This industry-leading platform is built on consolidated management of capital, funding and liquidity; comprehensive stress testing; and robust underwriting and monitoring standards.
About the role :
During your twelve months as a graduate, you will be an integral part of the team, gaining practical experience of key areas within the Chief Risk Office (CRO), benefiting from technical training and one-to-one mentoring. This combination of on and off-the-job learning will equip you with vital skills and enable you to make an important and immediate contribution to the CRO organization.
Working on our day-to-day business as well as on special projects, you will gain a broad overview of the CRO Division. Your graduate program will be divided into rotations in different functions within CRO. You will use your analytical skills to prepare analysis to support risk management decisions, observe market developments, identify risks and their drivers, support the calculation of potential risk exposure and setting risk appetites, formulate solutions to mitigate the financial and non-financial risks the bank faces while ensuring an effective communication to senior management.
The specific tasks you will be dealing with will depend on your role within the team, but the role will prepare you for a successful career at Deutsche Bank and the financial industry. You will learn from the best, evolve professionally as well as personally, and build a firm foundation upon which to specialize later.
What we look for :
We recruit students and graduates who are intelligent and adaptable with excellent communication skills. They have degrees in many different disciplines. Even though good levels of numeracy are important for some roles, you won't necessarily need a formal mathematical or financial background. Our comprehensive training programs will give you all the technical knowledge you'll need to build a career with us.
To be eligible for the 2025 Graduate Program you must :
- Complete your studies (all final exams, coursework, and have no outstanding requirements for graduation) between 1st January 2024 and 31st July 2025.
- Be able to start full time work in July 2025, subject to local working legislation and visa requirements.
- Possess no more than 12 months full-time, relevant work experience.
Benefits and wellbeing :
Feeling healthy, engaged and well-supported, enables us to do our best work and get the most out of life outside of the office. That's why Deutsche Bank is committed to providing benefits and programs centered around wellbeing. Benefits & Wellbeing - Deutsche Bank Careers (db.com)
About us and our teams :
Our values define the working environment we strive to create - where our people have a sense of belonging and everyone feels welcomed, respected and can contribute and grow. We know that high-performing teams have different skills, backgrounds, and experiences. We collaborate, encourage and enable open dialogue and diversity of views. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
Deutsche Bank is an Equal Opportunity Employer - Veterans / Disabled and other protected categories. Click these links to view the "EEO is the Law" poster and "pay transparency statement."
How to apply :
Whether you're fresh out of school or already have some experience, you'll find a wealth of helpful tools and information on our Employability Hub that will support you with your application, prepare for the assessment processes and adapt to a new working environment.
Please visit www.careers.db.com / students-graduates to apply.
A notice on Recruitment Scams
Please note that candidates are not required to pay money as part of the recruitment or job placement process. Do not divulge personal information if you are unsure of the authenticity of a communication from someone who claims to be representing Deutsche Bank. A notice on such scams and practices has been hosted on our website on the link below :
https : / / careers.db.com / professionals / a-notice-on-recruitment-scams
The annualized salary for this position is $75,000. Posted salary ranges do not include incentive compensation or any other type of renumeration.
LI-EC1
Salary : $75,000