<h2>Job Description:</h2>Job Title Deputy Head of Credit Commercial Real Estate (CRE)Corporate Title DirectorLocation New York, NYOverviewThe Commercial Real Estate (CRE) credit team is tasked with managing real estate related risk for Deutsche Bank’s Commercial Real Estate Group, Real Estate Investment Banking, Municipal Capital Markets and Community Development Finance. In particular, the position is responsible for managing a large team of people, majority of them domiciled in New York and Germany. The position requires handling approvals for all real estate related transactions, monitoring the portfolio to an agreed risk appetite, working together with ERM and the Business on risk appetite setting and managing a large number of stakeholder, within Risk, Business, as well us Regulators and Auditors.What We Offer You <ul><li>A diverse and inclusive environment that embraces change, innovation, and collaboration</li><li>A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days</li><li>Employee Resource Groups support an inclusive workplace for everyone and promote community engagement</li><li>Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits</li><li>Educational resources, matching gifts and volunteer programs</li></ul>What You’ll Do <ul><li>Support Deutsche Bank’s Head of Credit for CRE on defining risk appetite, interactions with the Business, managing the team and regulatory remediation</li><li>Pro-actively manage portfolio of close to EUR 40bn</li><li>Transaction approvals and member of senior credit committees</li><li>Challenge front office, recommend sector reviews and changes in strategies as market trends dictate</li><li>Monitor, advise and communicate with respect to Credit Risk Escalation Triggers (Risk Appetite)</li><li>Address Senior Risk Management and/or Management Board requests in a timely manner. Proactively communicate issues impacting the portfolio</li></ul>How You’ll Lead<ul><li>Deputy Head of a team of 55 people, between credit officers and valuation professionals; Team is spread across different jurisdictions</li><li>Deputy head to step up and provide key leadership across a global team of Commercial Real Estate Credit staff</li><li>Independently leading senior engagements with key stakeholders, both internally and externally, incl with European as well as US regulators</li><li>Support leadership with refinement of the team’s target operating model and optimization of processes</li><li>Provide leadership on portfolio steering, risk appetite, credit risk strategy and governance</li></ul>Skills You’ll Need <ul><li>Extensive experience in CRE markets and related debt products </li><li>Being able to assess and mitigate risks associated with lending on primary CRE asset classes </li><li>Excellent knowledge of the US CRE markets</li><li>Competence in all CRE de-risking strategies: CMBS, loan syndication, sale of junior debt</li><li>Familiar with all facets of CRE due diligence and legal documentation; Experience managing large teams</li></ul>Skills That Will Help You Excel<ul><li>Superior organizational and project skills</li><li>Excellent verbal and written communication skills</li><li>Ability to effectively multi-task and work under time pressure</li><li>Assertive, independent professional, as well as a team player when required</li><li>Gravitas in senior stakeholder setting</li></ul>ExpectationsIt 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 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 $170,000 to $280,500. 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 <a href="https://careers.db.com/files/documents/brochures/2025-DB-Benefit-Highlights.pdf?language_id=1" target="_blank">here</a> to learn more!Learn more about your life at Deutsche Bank through the eyes of our current employees: <a href="https://careers.db.com/life" target="_blank">https://careers.db.com/life</a>The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email <a href="mailto:HR.Direct@DB.com" target="_blank">HR.Direct@DB.com</a>.#LI-HYBRID #LI-ONSITE<div><div>We strive for a <a target="_blank" href="https://careers.db.com/inside-deutsche-bank/our-culture">culture </a>in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.</div></div>Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.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. 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