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At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement , we're a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day. DLG's growth is supported by our Risk function. From Upstream Risk, Regulatory Advice and Compliance Management Information to Privacy and Data Protection, our Risk and Compliance teams keep us one step ahead, always. With links to every part of the business, and the responsibility for keeping people safe and compliant with all regulatory, claims, and underwriting controls, we've got opportunities to develop your skills no matter your specialisation. The role: You will support the Head of Business Risk through providing effective Group oversight of operational risk and internal control management, including risk reporting. Working within the Business Risk team alongside other Business Risk Managers, you'll provide oversight of operational risk and monitor our DLG risk profile - while staying on top of developments and changes as they happen (both internally and externally!) What else you'll be doing: Risk Management Provide oversight of Operational Risk, through review and challenge of business area risk profiles, Key Risk Indicators, management actions and responses to Events. Ensuring findings, risk impacts and recommendations are agreed with relevant stakeholders and delivered appropriately. Feed into the assessment and monitoring of the Group's overarching Risk Profile, against Risk Appetite, taking into consideration internal and external developments and trends. Help to mature Risk Appetite application, through rationalising and enhancing directorate risk and control assessment activities, including KPI/KRI/KCI usage, through appropriate and consistent methodologies, models, and systems. Identify risk management digitisation/automation opportunities; to streamline and focus on value. Work collaboratively with 1LOD management and ensure that, where risks are outside appetite, action plans are in place to enable a return to appetite within suitable timescales and are adequately monitored through effective governance structures. Help to identify areas that may require formal Risk Assurance and feed suggestions into the Head of Business Risk for consideration. Promote a risk-aware/risk-positive culture across the Group and personally demonstrate the required culture and behaviours. Support the effective implementation of a quarterly RCSA process, including the transition from the current annual IRCA process, and the ongoing maintenance and coordination of the process thereafter. Support the development, refresh or adaption of Risk policies, minimum standards, guidelines, templates and Risk management tools, associated with Operational Risk, as requested by the Head of Business Risk. Actively participate in Group Governance activities, ensuring they are fit for purpose, proportionate to the level of risk, and support making sound/balanced risk decisions. Maintain effective working relationship across all three lines of defence, including within the Risk and Compliance function itself, to remove unnecessary silos and enhance read across opportunities. Risk Reporting Provide input to effective Executive and Board risk reporting. Including, but not limited to the CRO Report, ORSA, Annual Report & Account submissions etc, as requested by the Head of Business Risk. Provide input into the activity to refresh the Group assessment of Emerging and Top risks, including the facilitation of discussion across the wider business. Support the effective running of the Operational Risk Committee (ORC) and the Risk Management Committee (RMC), including meeting schedules, forward planning, agenda setting, delivery of strong papers that address key areas of risk and enable good levels of debate from members. Regular contribution to papers and commentary at governance for a, to help ensure the operational risk profile is clearly reported, aligned with the business and understood at relevant levels. What you'll need: Awareness of the balance between risk, control and growth Curiosity and passion for generating new ideas Strong stakeholder engagement skills Experience of conducting thematic risk assurance assessments Strong report writing skills and an ability to present complex subjects simply Financial Services experience preferable Hours: 35 hours (Monday - Friday) Ways of Working Our hybrid model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. When you'll be in the office depends on your role, but most colleagues are in 2 days a week, and we'll consider the flexible working options that work best for you. Read our flexible working approach here Benefits We recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle: Generous 9% employer pension. Regardless of whether you contribute into your pension or not, DLG pay 9% into your pension (but you can take this as cash if you want!) Eligibility for annual performance bonus of up to 10% Generous holidays, starting at 25 days and going up to 28 days per year. Plus, the option of buying or selling upto 5 days each year! 50% off home, motor and pet insurance Free travel insurance and Green Flag breakdown cover Electric Vehicle car scheme which allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way Buy-as-you-earn share scheme Employee discounts and cashback Being yourself Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We're delighted to feature as one of the UK's Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers. We know you're more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that work in diffe
Job Description: Job Title Market Risk Manager Location London Corporate Title Vice President As a Market Risk Manager responsible for coverage of Central and Eastern Europe, Middle East and Africa (CEEMEA) region within the Global Emerging Markets business, you will work within a team which covers all products within fixed income specifically looking after the CEEMEA region. You will be responsible for managing market or fair value risk within Deutsche Bank and will carry out this responsibility in an independent and neutral way, providing a comprehensive view of market risks to management. What we'll offer you A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its centre. You can expect: Competitive salary and non-contributory pension 30 days' holiday plus bank holidays, with the option to purchase additional days Life Assurance and Private Healthcare for you and your family A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits The opportunity to support a wide ranging CSR programme 2 days' volunteering leave per year Your key responsibilities Daily monitoring of exposures against limits, and driving both the articulation and adherence to risk appetite Partner with other Market Risk teams, and other Risk management functions (for example, Valuation Control, Market Risk Analysis and Control, and Risk Methodology Strats), to ensure that the full suite of valuation processes, risk metrics, infrastructure, and controls are developed and implemented to support the commercial build-out of the Metals business. Engage and challenge Front Office (FO) desk heads and senior traders with respect to exposures, valuations, new business, market activity, risk culture, controls, and risk appetite; escalate risk exposures and issues as required to senior management within the Chief Risk Officer (CRO) function Ensure risk completeness and accuracy, ensure that the limit framework and appetite is commensurate with infrastructure, and develop and implement the Risks-not-in framework Your skills and experience Experience in market risk management, either within the second line (market risk) or first line (trading, structuring). Experience in fixed income markets-related roles, and knowledge of risk operations within a market making business is preferred. Importantly, a solid understanding of the impact of financial and economic events on markets and market risk positions are key Strong technical and analysis skills (dbAnalytics, Excel, VBA or similar, statistics, time series. Knowledge of Python and SQL desirable) Knowledgeable of market risk controls and governance frameworks, with strong experience in defining, implementing and running Risks-Not-in and stress tests How we'll support you Training and development to help you excel in your career Flexible working to assist you balance your personal priorities Team A range of flexible benefits that you can tailor to suit your needs We value diversity and as an equal opportunities' employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards) About us Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do. Deutsche Bank in the UK is proud to have been named a Times Top 50 Employer for Gender Equality for three consecutive years. Additionally, we have been awarded a Silver Award from Stonewall for two years running and named in their Top 100 Employers for 2023 for our work supporting LGBTQ inclusion. Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides. 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. Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.