Credit Risk Manager, Wealth Management – U.S. Commercial Real Estate - Vice President

Deutsche Bank • New York, NY

29d • $125,000 - $222,500 • Hybrid

About The Position

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.

Requirements

• 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

Nice To Haves

• 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
• 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

Responsibilities

• 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
• 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

Benefits

• 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 This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Associate degree