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Deutsche Bank · 15 hours ago

Deputy Head of Credit Commercial Real Estate (CRE) - Director

New York, NY

Full-time

Hybrid

Lead/Staff

$170K/yr - $280K/yr

Deutsche Bank is a leading global investment bank, and they are seeking a Deputy Head of Credit for their Commercial Real Estate team. This role involves managing a large team and overseeing real estate-related risk, including transaction approvals and stakeholder communications.

BankingFinanceFinancial Services

Responsibilities

Support Deutsche Bank’s Head of Credit for CRE on defining risk appetite, interactions with the Business, managing the team and regulatory remediation

Pro-actively manage portfolio of close to EUR 40bn

Transaction approvals and member of senior credit committees

Challenge front office, recommend sector reviews and changes in strategies as market trends dictate

Monitor, advise and communicate with respect to Credit Risk Escalation Triggers (Risk Appetite)

Address Senior Risk Management and/or Management Board requests in a timely manner. Proactively communicate issues impacting the portfolio

Deputy Head of a team of 55 people, between credit officers and valuation professionals; Team is spread across different jurisdictions

Deputy head to step up and provide key leadership across a global team of Commercial Real Estate Credit staff

Independently leading senior engagements with key stakeholders, both internally and externally, incl with European as well as US regulators

Support leadership with refinement of the team’s target operating model and optimization of processes

Provide leadership on portfolio steering, risk appetite, credit risk strategy and governance

Qualification

CRE markets experienceRisk assessmentMitigationUS CRE market knowledgeCRE de-risking strategiesCRE due diligenceMulti-tasking abilityStakeholder gravitasOrganizational skillsCommunication skillsTeam player