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Deutsche Bank Repo Trader Director in NEW YORK, New York

Job Description:Job Title: Repo TraderCorporate Title: DirectorLocation: New York, NY OverviewIn this role you will be a Director within Private Credit & Infrastructure (PCI) to work in the Fund Finance pod, specifically responsible for securitized product repo. The Fund Finance business within PCI provides fund recourse portfolio and single name financing from Deutsche Bank's balance sheet to private equity, credit, and other investment funds. The team manages a principal financing book of more than $10bn. The role combines trader, structurer, and credit analyst features and requires strong quantitative abilities for pricing and risk management as well as good communication, negotiation, and interpersonal skills to be able to engage with external clients, internal risk, and control functions. Duties encompass the full range of transaction work streams: including determining pricing, haircuts and other risk parameters (including fund recourse terms/ covenants), associated bookings for trades, monitoring and engaging in risk mitigating actions (eg. margin calls, restrikes, etc.) and maintaining and optimizing funding profile for the book. This role will work closely with the ABS trading desk as part of the business' JV agreement for securitized product financing. 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 * Senior day to day abs repo trader * Responsibility for overseeing all aspects of 4bn+ abs repo book including asset performance, counterparty quality and appropriate risk management and execution * Work with internal functions to onboard clients, risk approve transactions and help develop / improve systems for monitoring and execution * Interact with key clients and represent firm at industry events * Help develop client and asset strategy with key stakeholders How You'll Lead * knowledge of variety of ABS asset classes including ability to model in intex Skills You'll Need * Director level repo trader with experience in variety of ABS asst classes (CMBS, RMBS, CLOs) * Operational experience with repo processes including legal, risk, documentation, settlement i.e., bachelor's degree in specific field Skills That Will Help You Excel * experience managing a small team * experience managing a small team ExpectationsIt is the Bank's expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank's hybrid working model. Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion. The salary range for this position in New York City is $190K to $330K. 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!

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