Credit Risk Manager, Wealth Management – U.S. Commercial Real Estate - Vice President
Deutsche Bank · New York, United States +1 · 20d ago
Job Description:
Job Title Credit Risk Manager, Wealth Management – U.S. Commercial Real Estate
Corporate Title Vice President
Location New York, NY
Overview
Deutsche Bank Wealth Management is one of the world’s largest wealth managers, offering traditional and alternative investment and lending solutions, and comprehensive advice to (ultra-) high-net-worth individuals. Within the Chief Risk Office, Credit Risk Management oversees the credit risks associated with these products. The function independently assesses transactions, monitors portfolios, advances risk-measurement practices, and helps maintain a strong, bank-wide risk culture across credit, market, operational, enterprise, and liquidity risk.
What We Offer You
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
What You’ll Do
Manage a portfolio focused on recourse commercial real estate transactions within the Wealth Management division
Partner directly with Relationship Managers and product specialists -and, where required, with clients- to understand credit requirements and optimize risk structures. Provide detailed risk analysis, communicate decisions promptly and transparently and clearly document approval conditions
Monitor the portfolio to identify emerging risks promptly and assess how global, regional, and local market events could affect individual exposures and the portfolio as a whole. Maintain satisfactory portfolio quality by managing risk concentrations and limits within approved risk appetite and in accordance with applicable policies and regulations
Work with both internal and external auditors to ensure that audits progress smoothly and any issues raised are resolved promptly. Support any ad hoc projects assigned
Maintain strong credit and operational discipline by ensuring that trades are properly booked and recorded, covenants and conditions are monitored on time, credit terms are documented accurately, and risk-reporting systems contain complete, timely, and accurate information
How You’ll Lead
Provide leadership, guidance, and mentorship to colleagues at different levels of seniority, strengthening the team’s commercial real estate expertise and supporting continued professional growth
Set clear objectives and strategic priorities for yourself and assigned resources, ensuring alignment with departmental and bank-wide goals
Drive continuous improvement in processes, analytics, and reporting capabilities
Skills You’ll Need
Extensive relevant experience in commercial real estate, including recourse analysis, together with strong analytical skills and experience in corporate credit risk assessment
Understanding of a broad range of Wealth Management investment, lending, and derivative products
Familiarity with legal documentation and credit-risk considerations, including risk-mitigation features
Strong written and verbal communication skills, including the ability to produce concise, decision-ready credit reports
An open mindset and respect for constructive challenge and differing stakeholder perspectives
Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs
Skills That Will Help You Excel
Strong analytical judgment and the ability to make independent decisions, explain the supporting rationale, and defend conclusions when challenged
Team-oriented, flexible, and self-motivated, with a strong commitment to delivering high-quality work
Ability to work effectively across cultures and personal styles, build strong partnerships with a range of stakeholders, and deliver high-quality work under pressure and within deadlines
Preferred qualification: a bachelor’s or master’s degree in engineering, mathematics, economics, statistics, finance, or a related field; an MBA is also valued
Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs
Expectations
It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodation for candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $125,000 to $222,500. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
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We welcome applications from all people and promote a positive, fair and inclusive work environment.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.