Deutsche Bank Associate, Model Validation Specialist in New York, New York

Deutsche Bank seeks an Associate, Model Validation Specialist, Risk and Capital Model Validation in New York, NY to develop and maintain validation of models and methodologies, including PPNR models, Market Risk models and Credit Risk models. Requires a Master's degree in Financial Engineering, Statistics, or related field or equivalent and two (2) years of experience performing stress testing for corporate lending products including bridge loans, term loans, and revolving credit facilities. Must include at least two (2) years of experience reviewing corporate loan commitment and fee letters and verifying model inputs including original issuance discount, flex spread, contractual loan spread, Libor floor, upfront fees, and facility fees; reviewing calculations of hazard rates and durations utilizing LGD, credit spread, coupon rates, time to maturity and credit triangle concepts; reviewing shock to corporate loans in designed stress scenarios and application of contractual terms to determine scenario losses; reviewing VaR, SVaR, balances, lending exposures and analyzing variances; performing continuous process enhancement using VBA and SQL to automate tasks, including generation of reports and presentations; performing VBA and SQL coding to create Excel tools to validate input data quality and conduct data cleansing; and producing presentations to articulate key risks to management and regulators. Apply to and search by professionals, keyword ZQ0717.