About this opportunity
Deutsche Bank AG lists this Credit Risk Manager, Wealth Management – U.S. Commercial Real Estate - Vice President opportunity in town of columbus, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Job Description:
Job Title Credit Risk Manager, Wealth Management – U.S. Commercial Real EstateCorporate Title Vice PresidentLocation New York, NYOverviewDeutsche Bank Wealth Management is one of the world’s largest wealth managers, offering traditional and alternative investment and lending solutions, and comprehensive advice to (ultra-) high-net-worth individuals. Within the Chief Risk Office, Credit Risk Management oversees the credit risks associated with these products. The function independently assesses transactions, monitors portfolios, advances risk-measurement practices, and helps maintain a strong, bank-wide risk culture across credit, market, operational, enterprise, and liquidity risk.What We Offer YouA diverse and inclusive environment that embraces change, innovation, and collaborationA hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer daysEmployee Resource Groups support an inclusive workplace for everyone and promote community engagementCompetitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefitsEducational resources, matching gift and volunteer programsWhat You’ll DoManage a portfolio focused on recourse commercial real estate transactions within the Wealth Management divisionPartner directly with Relationship Managers and product specialists -and, where required, with clients- to understand credit requirements and optimize risk structures. Provide detailed risk analysis, communicate decisions promptly and transparently and clearly document approval conditionsMonitor the portfolio to identify emerging risks promptly and assess how global, regional, and local market events could affect individual exposures and the portfolio as a whole. Maintain satisfactory portfolio quality by managing risk concentrations and limits within approved risk appetite and in accordance with applicable policies and regulationsWork with both internal and external auditors to ensure that audits progress smoothly and any issues raised are resolved promptly. Support any ad hoc projects assignedMaintain strong credit and operational discipline by ensuring that trades are properly booked and recorded, covenants and conditions are monitored on time, credit terms are documented accurately, and risk-reporting systems contain complete, timely, and accurate informationHow You’ll LeadProvide leadership, guidance, and mentorship to colleagues at different levels of seniority, strengthening the team’s commercial real estate expertise and supporting continued professional growthSet clear objectives and strategic priorities for yourself and assigned resources, ensuring alignment with departmental and bank-wide goalsDrive continuous improvement in processes, analytics, and reporting capabilitiesSkills You’ll NeedExtensive relevant experience in commercial real estate, including recourse analysis, together with strong analytical skills and experience in corporate credit risk assessmentUnderstanding of a broad range of Wealth Management investment, lending, and derivative productsFamiliarity with legal documentation and credit-risk considerations, including risk-mitigation featuresStrong written and verbal communication skills, including the ability to produce concise, decision-ready credit reportsAn open mindset and respect for constructive challenge and differing stakeholder perspectivesProven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputsSkills That Will Help You ExcelStrong analytical judgment and the ability to make independent decisions, explain the supporting rationale, and defend conclusions when challengedTeam-oriented, flexible, and self-motivated, with a strong commitment to delivering high-quality workAbility to work effectively across cultures and personal styles, build strong partnerships with a range of stakeholders, and deliver high-quality work under pressure and within deadlinesPreferred qualification: a bachelor’s or master’s degree in engineering, mathematics, economics, statistics, finance, or a related field; an MBA is also valuedProven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputsExpectationsIt is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model.Deutsche Bank provides reasonable accommodation for candidates and employees with a substantiated need based on disability and/or religion.The salary range for this position in New York City is $125,000 to $222,500. 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 BenefitsAt 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: California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email .#LI-HYBRIDWe 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 .
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Who can apply
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