Deutsche Bank Risk Intern (CRO) - Mumbai | Finance Internship

Job Description

The Risk division is responsible for protecting the bank by managing and controlling credit, market, operational, and reputational risks across the organization. With group-wide oversight, the division provides a comprehensive view of business activities and client exposure. Around 3,000 employees work together to build a leading risk management organization within the industry.

As financial markets grow more complex, risk management has become an important area for building a career in banking. The Risk team at Deutsche Bank contributes to shaping business strategy and supporting broader industry initiatives.

Team Overview

• The team delivers an independent perspective on market risks and valuation for Deutsche Bank’s senior management.
• The Market Risk team manages the bank’s market risk position in a neutral and independent manner.
• Functions including Market Risk Analysis and Control (MRAC), Portfolio Stress Testing (PST), and Market Data Strategy and Analytics (MDSA) provide official market risk metrics and core analysis to support risk management decisions.

Key Responsibilities

• Produce and analyze risk metrics at asset and portfolio levels using data analytics.
• Assess the impact of market data changes on market risk metrics.
• Execute market risk calculation processes and support improvements to these processes while managing front-to-back SLAs and KPIs.
• Perform market risk and stress testing analytics.
• Conduct VaR analysis (primarily historical simulation based) and backtesting at asset class and portfolio levels.
• Create or update market data models used in VaR calculations.
• Analyze the impact of regulatory updates as well as methodology and system enhancements.
• Prepare daily and weekly reports with commentary explaining changes in risk exposure.
• Develop tools that help improve the efficiency of risk analysis.

Skills and Experience

• Relevant qualifications may include MSc, MA, MBA, CA, CFA, BA, BSc, or BTech.
• Understanding of risk concepts within financial markets or investment banking.
• Strong analytical ability and knowledge of financial markets and economic trends.
• Background in accounting concepts such as financial ratios, financial statement analysis, cash flow projections, or project finance.
• Ability to communicate technical and financial concepts to global stakeholders.
• Problem-solving capability and critical thinking.
• Comfort working in a collaborative, international environment with multiple priorities.

Benefits and Support

• Comprehensive leave policy and gender-neutral parental leave.
• Childcare assistance reimbursement.
• Sponsorship for relevant industry certifications and education.
• Employee Assistance Program for employees and family members.
• Hospitalization insurance for employees and dependents.
• Accident and term life insurance coverage.
• Health screening benefits for employees aged 35 and above.
• Training, mentoring, and ongoing learning opportunities.
• Flexible benefits that can be tailored to individual needs.

Deutsche Bank promotes a collaborative culture where employees are encouraged to act responsibly, think commercially, and take initiative while working together to achieve shared success.