Deutsche Bank · 1 day ago
ALM Management Specialist - Assistant Vice President
New York, NY
Full-time
Hybrid
Mid Level
$100K/yr - $142K/yr
3+ years expDeutsche Bank is a global financial services company, and they are seeking an ALM Management Specialist. This role focuses on managing interest rate risk in the banking book, executing hedging strategies, and providing risk management support in a dynamic treasury environment.
BankingFinanceFinancial Services
Responsibilities
Monitor, measure, and report Interest Rate Risk in the Banking Book (IRRBB) using models governed under regulatory frameworks
Support the ALM function in performing scenario analysis, stress testing, and sensitivity analysis related to interest rate movements
Mitigate interest risk by executing ALM hedging programs, provide risk management support including risk analysis and reporting, propose and seek approval for new hedging strategies
Assist in the preparation of ALCO materials and regulatory submissions
Provide subject matter expertise on the modeling of banking book positions such as non-maturity deposits, mortgage loans, and other banking book positions
Develop and enhance the framework for risk monitoring and reporting
Ensure model monitoring and maintenance is executed while aligned to model risk protocols
Qualification
Required
Bachelor's degree in Finance, Economics, Mathematics, or a related field; Master's or CFA/FRM designation is a plus
3–7 years of experience in ALM, Treasury, Risk Management, or related functions within a financial institution
Partner with business functions outside of Treasury to ensure ALM support to strategic initiatives and to keep ALM informed on activities affecting the banking book
Stay current on regulatory developments, market trends, and best practices in ALM / IRRBB
Monitor, measure, and report Interest Rate Risk in the Banking Book (IRRBB) using models governed under regulatory frameworks
Support the ALM function in performing scenario analysis, stress testing, and sensitivity analysis related to interest rate movements
Mitigate interest risk by executing ALM hedging programs, provide risk management support including risk analysis and reporting, propose and seek approval for new hedging strategies
Assist in the preparation of ALCO materials and regulatory submissions
Provide subject matter expertise on the modeling of banking book positions such as non-maturity deposits, mortgage loans, and other banking book positions
Develop and enhance the framework for risk monitoring and reporting
Ensure model monitoring and maintenance is executed while aligned to model risk protocols
Preferred
Strong understanding of IRRBB concepts, including EVE, NII, and their sensitivities
Experience with ALM systems (e.g., QRM) and data analysis tools (e.g., Excel, SQL, Python)
Familiarity with regulatory frameworks and local US regulatory guidance
Excellent analytical, communication, and stakeholder management skills
Benefits
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift and volunteer programs
Company
Deutsche Bank
Deutsche Bank is an investment bank that offers financial products and services to corporate and institutional clients.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$2.07BKey Investors
European Investment BankCapital GroupCerberus Capital Management
2025-06-11Post Ipo Debt· $570.76M
2024-11-14Post Ipo Debt· $1.5B
2020-10-13Post Ipo Equity
Leadership Team
T
Tom Patrick
CEO, Americas
Benjamin Bauer
VP Strategy & Innovation
Recent News
2026-01-20
Company data provided by crunchbase