Asset Quality Review (AQR) Officer - Assistant Vice President

Deutsche Bank
New York, USA
Oct 29, 2020
Nov 12, 2020
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Position Overview

Job Title: Asset Quality Review (AQR) Officer

Corporate Title: Assistant Vice President

Location: New York, NY


In conducting reviews, you will assess the credit ratings assigned by responsible credit officers. The reviews also include an evaluation of consistent application of rating systems, portfolio quality, credit standards and quality of risk management. Reports are directed to both the global Group Risk Committee as well as the U.S.-based Management Risk Council as well as key stakeholders in Senior Management.

This position is within the U.S. team with a focus on Deutsche Bank's US operations including the following portfolios: Leveraged and Structured Finance, Commercial Real Estate, Wealth Management, Securitization, Hedge Funds, Corporates and Financial Institutions.

What We Offer You:
  • We offer competitive health and wellness benefits, empowering you to value life in and out of the office
  • Retirement Savings Plans, Parental Leave, and other family-friendly programs
  • On-site cafeteria, health center, and an environment that encourages networking and collaboration across functions and businesses
  • Active engagement with the local community through Deutsche Bank's specialized employee groups

Hear from our people and look inside our office: DB@The Muse

Your Key Responsibilities:
  • Participate in numerous AQR reviews assessing professional credit exposures within a portfolio
  • Focus will be on the assessment of professional credit exposures and the corresponding internal risk ratings and regulatory classification (if applicable), as well as credit process elements
  • As a team member, you will be expected to assist the Reviewer-In-Charge with preparing final reports to Senior Management
  • Participation in Credit Risk Management's (CRM) watch-list/portfolio meetings and challenge/review portfolio analyses or conduct own portfolio analyses
  • Share any technical credit knowledge and skills that you may possess to other team members for the purpose of cross-training exercises
  • Opportunities to participate in other AQR Offices' reviews thus potentially covering other business areas and/or in projects

Your Skills and Experience:
  • Graduate, at least undergraduate degree in a business related field. MBA or CPA or CFA a plus
  • Sound credit background with some financial services work experience in the areas of credit extension, underwriting, review or analysis from the banking industry, rating agencies, regulatory entities or public accounting firms or some combination thereof
  • Strong knowledge of credit risk analysis (including assessment of complex customer groups, structures and products), rating approaches and related processes, and sound analytical skills
  • Computer proficiency and statistical skills; knowledge of data base applications with an affinity to working with data/system related topics
  • Must be comfortable discussing findings and making recommendations with the appropriate balance of tact and professional assertion

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. 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.

Click here to find out more about diversity and inclusion.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: \"EEO is the Law poster\" and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.

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