Job Description
Asset and Liability Management (ALM) Specialist - Senior Lead for IRRBB Models Position Overview In Scope of Position based Promotions (INTERNAL only) Job Title: Asset and Liability Management (ALM) Specialist - Senior Lead for IRRBB Models Corporate Title: Vice President Location: Mumbai, India Treasury Treasury at Deutsche Bank is responsible for the sourcing, management and optimization of Deutsche Bank's financial resources and providing high quality steering to the business on financial resource deployment. This is underpinned by a best-in-class integrated and consistent Treasury risk framework, which enables Treasury to clearly identify the Bank's resource demands, transparently set incentives by allocating resource costs to businesses and manage to evolving regulation. Treasury's fiduciary mandate, which encompasses the Bank's funding pools, asset and liability management (ALM) and liquidity reserves management, supports businesses in delivering on their strategic targets at global and local level. Further, Treasury manages the optimization of all financial resources through all lenses to implement the group's strategic objective and maximize long term return on average tangible shareholders equity (RoTE). The current role is part of the Treasury Office in DBC Mumbai. The role requires interactions with all key hubs i.e. New York, London, Frankfurt and Singapore with emphasis on the European region. Function Description The Asset & Liability Management (ALM) team inside of Treasury is responsible for modelling, measuring and managing Interest Rate Risks in the Banking Book (IRRBB) as well as other structural risks including Credit Spread Risk in the Banking Book (CSRBB). The movements in interest rates and the impact on the bank's profit via Net Interest Income (NII) has made IRRBB a key focus topic for senior management and investors. Role Description The candidate will report to the Head of Models within the Asset & Liability Management (ALM) function. The
