CRO - Credit Risk Specialist - AVP

Position Overview

Details of the Division and Team:

Deutsche Bank follows an integrated risk management approach under the independent Risk function, which includes Credit Risk Management (CRM). CRM Sydney manages credit risk on behalf of Deutsche Bank Group in Australia and New Zealand, which includes a broad mix of Corporate and Financial Institution (FI) counterparties across a full product suite. Experience of analyzing both counterparty types and structured transactions is required.

What we will offer you:

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Competitive salary with superannuation paid over and above fixed pay
• 4 weeks annual leave, plus one week additional leave*, one week wellbeing leave* and the option to purchase leave (*subject to eligibility criteria)
• Salary packaging for car parking, motor vehicles, taxis and superannuation
• Parental leave benefits including 26 weeks paid leave for primary carer and 16 weeks paid leave for non-primary carer and Childcare Assistance Payment
• A range of benefits including online employee discount program, annual flu vaccinations, discounted private health insurance, employee referral program
• Insurance cover for life, total disablement and salary continuance
• Executive health checks for Directors and Managing Directors
• Matched giving and paid volunteer leave

Your key responsibilities:

Managing a loan and derivative portfolio. The loan portfolio predominantly consists of financing both investment grade and sub-investment grade corporates. Typical transactions are complex leveraged loans that include providing liquidity for distressed borrowers, M&A sponsor financing, subordinated holding company structures, share backed financing and commercial real estate lending. Deals can involve significant credit structuring to mitigate downside risks via documentary and collateral protections.

Responsibilities will also extend to credit analysis and portfolio management of other corporate and FI counterparties. This role will involve managing the portfolio within defined risk parameters, review credit proposals, recommend/approve transactions and negotiate credit related documentation. Products covered include the full spectrum of Commercial Banking facilities and Capital Markets products.

• Represent CRM in conference calls, business meetings and management committees
• Monitor target markets and undertake due-diligence calls and visits
• Develop and implement counterparty specific de-risking strategies
• Responsibility for managing a portfolio of circa 30-40 credit groups
• Support business by providing trade & structuring solutions
• Ensure portfolio quality and documentation standards are maintained
• Monitor market, industry and counterparty developments. Develop and adhere to counterparty as well as industry strategies
• Interact and co-ordinate with other Control and Infrastructure functions within the branch & regionally.
• Contribute to improvements in CRM processes with an aim to raise efficiency

Your skills and experience:

• At least 5 years Credit Risk experience preferably within an investment banking credit environment with broad product knowledge
• Experience in risk management for leveraged/structured transactions.
• Strong knowledge of loan documentation and ISDA.
• Good knowledge of principal risk mitigating techniques
• Excellent interpersonal skills and the ability to relate to people at all levels
• Experience in commercial real estate lending and distressed borrowers would be desirable
• Team player attitude and flexibility are essential
• Excellent organizational and administration skills
• Strong written and verbal English skills
• Minimum Undergraduate Degree

How we’ll support you:

• Flexible working to assist you balance your personal priorities
• 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
• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

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.
If you are a trans or gender diverse applicant and require support or a confidential contact during the hiring process please email [email protected]