Job Title: Portfolio Senior Analyst, SCL PB SRT Team, AVP
Location: Mumbai, India
Role Description
Loans / lending commitments are a key component of the relationships held by Deutsche Bank with its corporate and financial institutional clients. Relationship loans are typically issued to support the generation of franchise revenues booked by the product lines across the Corporate Bank and Investment Bank divisions. Strategic Corporate Lending (“SCL”) provides governance around the investment of capital into these client relationships and risk manages the approved final hold positions down to pre-defined thresholds set by Credit Risk Management. SCL owns the loan risk that it is hedging within its predominantly senior, unsecured asset class Institutional and Corporate Credit portfolio. SCL hedges the final hold positions using single name CDS and the issuance of CLOs referencing the underlying loan risk. Along with hedging the credit risk of loan book, CLOs also provide regulatory capital relief to the Bank.
The CLO team provides support to the SCL Securitization teams in New York, London and Frankfurt that originate and execute CLOs to facilitate the economic risk hedges required for its hedging / RWA relief mandate. Team is currently assisting in managing multi-billion size SCL CLO portfolios, along with transactions that assist other Corporate Bank, Investment Bank and Private Bank business areas in managing their own hedging / RWA relief mandates. The investors in these transactions are some of the Bank’s largest institutional clients including investment funds, pension funds and hedge funds as well as supranational institutions.
The CLO Private Bank (PB) SRT team currently has six members, across Frankfurt, London & Mumbai. We are expanding the team to hire one more person in Mumbai to support workstreams related to the structuring and servicing of CLOs which securitize the Bank’s retail loans portfolio with the aim of generating regulatory capital relief for the Bank.
What we’ll offer you
As part of our 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
Your key responsibilities
CLO structuring/origination related tasks from portfolio construction, performing checks to ensure the portfolio complies with CLO documentation, preparing data/analysis requested by potential investors
Monthly CLO replenishment/rebalancing activities, including verification of asset events, identifying data issues, verifying replenishment eligibility and selecting assets with the aim of optimizing RWA relief for the Bank
Regular data quality checks to ensure accurate investor reporting for monthly CLO processing; working with relevant teams such as Technology and Private Bank teams to identify and fix the root causes
Deep dive investigations into historical performance, unexplained or unclear asset activity, working with relevant cross-functional teams including Private Bank, Finance, Credit Risk Management, Technology and Loan Operations teams
Development and modification of desk tools using Excel / Python for CLO structuring, CLO servicing and risk management analysis
Review of CLO documentation e.g. Financial Guarantee / Information Memorandum, Simple, Transparent and Standardized (STS) criteria
Interpreting / analyzing/ working on large financial data sets
Automation of existing manual tasks using Python / Excel
Preparation of European Securities and Markets Authority (ESMA) Investor Disclosure templates
Working on miscellaneous reports and ad-hoc analysis as requested by SCL management
Your skills and experience
Graduate / Postgraduate with 7-8 years' experience in Banking / Credit / Securitization (We are open to consider suitable candidates with lesser experience)
Excellent excel skills including extensive use of formulas – comfortable in building ad-hoc excel based tools to assist in day-to-day tasks
Should be comfortable in handling large financial data sets/excel files
Python/Vba skills will be added advantage (but not must)
Excellent communication skills and initiative to engage with other teams
Strong attention to detail
Demonstrable problem-solving ability, organized with an ability to manage multiple issues
High degree of initiative but also the ability to raise problems immediately to the broader SCL team when necessary
How we’ll 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.
A range of flexible benefits that you can tailor to suit your needs.
About us and our teams
Please visit our company website for further information:
https://www.db.com/company/company.html
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.
