Total 32 job vacancies by Commerzbank Aktiengesellschaft

Job purpose:

This is a role in the markets compliance team that is seated on the trading floor. Candidate will be responsible for monitoring regulatory changes, providing compliance advise, and performing various 2nd line compliance controls.

The candidate should be is able to work with teammates and stakeholders from different departments and of different levels, provide advice and perform groundwork for various compliance task and controls.

Key Activities:

1. Monitoring regulatory changes impacting the FICC business and the branch.
2. Advising front office colleagues on regulatory requirements relating to FICC business.
3. Ensuring that the branch and its employee have the necessary licenses to conduct their business activities.
4. Performing Compliance desk reviews on front office departments.
5. Conducting Markets Compliance training for Front Office colleagues and other colleagues.
6. Reviewing and approving new products approval requests.
7. Supporting team members with trade and communications surveillance, PAD controls, including investigations of any related breaches
8. Performing annual Compliance Risk Assessment for the branch
9. Supporting the team for compliance projects, head office reporting audits and inspections
10. Deputising for team lead in his absence.

Former education:

University degree

Specialist knowledge (work experience, further qualification):

Work Experience:

• 5-8 years of experience in Markets Compliance or related fields covering Global Markets sales and trading. Understanding of Banking Act, Securities and Futures Act, Bluebook, FX Global Code of Conduct and other MAS MAS notices and guidelines related to FICC sales and trading.

Other relevant skills:

• Good knowledge and understanding of the local regulatory framework and ability to analyse and interpret regulations and apply them to our business
• Ability to identify key issues and escalate them in a timely manner
• Good writing and communications skills
• Organised and methodical.
• Able to work with colleagues of various levels from Front Office and other departments

Purpose of position

In the Cluster Supply Organisation, business specialists, business experts, engineer specialists, engineers and product owners work together as a team. The agile methods support the team members in performing their functions by facilitating a rapid and flexible response to changing conditions and customer needs through an iterative approach and the continual development of new solutions.

This approach is intended to bring about better products, higher quality, more efficient processes and higher implementation speeds. The team works together to ensure that valuable functionalities are provided to customers and that existing products, processes and services are developed and improved in line with customer needs.

To achieve this, the team members organize their own activities, working autonomously and with full accountability. To that end, they are granted responsibility for all processes and systems needed for the products, processes and services for which they are accountable. Open communications among the team members ensure regular and timely feedback. This enables the team to adopt a “fail fast” approach – i.e. the rapid recognition and correction of mistakes, which permits a quick reaction to changing conditions and customer needs by means of iterative procedures.

The engineer has a technical focus and acts in the capacity of a cell member. Depending on suitability, qualifications and requirements, he/she may also assume the role of scrum master.

He/she has an agile and digital mindset, and continually adapts it to changing requirements, using the available development opportunities.

The engineer is deployed where his/her knowledge and experience are needed, and therefore demonstrates flexibility with regard to assignments to various cells and chapters, even across cluster boundaries.

Main Tasks

• Working in a cross-functional team to be able to perform all tasks required to deliver the relevant products, services, processes and systems.
• Product portfolio management and steering, implementation and ongoing development of one or more products, services, processes and/or systems across the entire life cycle in a team, taking quality standards into account.
• Preparing and implementing digital strategies, ensuring the core infrastructure of products, services, processes and systems; full commitment to innovative technologies; establishment and expansion of the use of digital channels
• Continual optimisation of uniform and efficient process organisation concepts
• Acquisition, ongoing development and transfer of operational/process-related/IT knowledge on assigned issues.
• Application and ongoing development of the necessary skills to set up new, future-ready digital architectures.
• Concept design and implementation of agile quality assurance and risk management
• Implementation of analysis and development of concepts based on tracking of markets, trends and the competition.
• Pricing and benchmarking
• Customer and interface management, including needs analysis, advice and support for central functions and clusters with regard to assigned issues.
• Ensuring that internal and external standards are met, in particular with regard to regulatory issues, reporting, compliance and auditing in the context of assigned issues and applying best practices.
• Operation, support and maintenance of infrastructure, including performant support for relevant systems, data updates, reporting and user authorisation management.
• Compliance with security standards and ensuring stable operations with regard to products, services, processes and systems.
• Improvements to products, services, processes and/or systems must take into account the requirements of barrier-free IT access / software ergonomics in accordance with the objectives of the Commerzbank action plan, "Inclusion".

Formal education:

• University/college degree or comparable certifications

OR

• Work experience in a business segment relevant to the cluster.

Minimum of one year work experience for COMMAP Ladder ST Level 1.

Minimum three years' work experience for COMMAP Ladder ST Level 2.

Function-specific qualification criteria classified by Commap level

Career level 01

• Responsibility for and leadership of one or more interfaces, sharing specialised knowledge within cells and/or chapters.
• Working in a cross-functional team so that all tasks required to deliver the relevant products, services, processes and systems can be completed
• Defining processes, taking into account regulatory standards and process control parameters on the basis of assigned problems and objectives in task area, quality assurance, problem and risk management in cooperation with relevant stakeholders
• Taking on controlling tasks with regard to activities, budget and resources
• Preparing management decisions and support in coordination with stakeholders
• Product portfolio support for heterogeneous / multidimensional products, services, processes and/or systems across clusters in accordance with quality standards
• Involvement in implementing defined digital strategies and innovative technologies across cluster boundaries
• Preparing the comprehensive test concept, combining test specifications and implementing plausibility and dependency tests as well as identification of test risks; taking appropriate countermeasures
• Responsibility for compliance with the test process and standards as well as responsibility for the quality of the test design
• Responsibility for and implementation of tests as well as consultation and support for testers
• Overall responsibility for defect management (follow-up, analysis and reporting)
• Cross-cluster operation, support and maintenance of infrastructure, including support for relevant systems, data updates, reporting and user authorisation management
• Improvements to products, services, processes and/or systems must take into account the requirements of barrier-free IT access / software ergonomics in accordance with the objectives of the Commerzbank action plan "Inclusion"
• Compliance with security standards and support in ensuring stable operations with regard to products, services processes and systems
• Creates user stories in consultation with the product owner
• Responsibility for planning, design and implementation of release activities

Career level 02

• Additional responsibilities as below.on top of what is required for Career level 01
• Responsibility for and leadership of one or more interfaces, sharing specialised knowledge within cells and/or chapters.
• Organising, coordinating and setting priorities to fulfil regular tasks, focusing on own field of expertise.
• Concept development, support and ongoing development of products / services / processes / systems within the cell, development of solutions geared to requirements.
• Analysis, continual optimisation, implementation and transparent documentation of processes, taking into account regulatory requirements and process management parameters to fulfil defined targets / regular tasks.
• Efficient, high-quality and timely implementation of own tasks, taking into account security, proper procedures and risk.
• Active control and management of costs/revenues/quality within own working area along with identification of risks under supervision
• Recognition and problems specific to own specialised area, assessment of these problems using standard processes, preparing / developing solutions.
• Matching of internal and external data, preparing comparisons, participation in pricing processes, creating proposals and preparing decision papers based on gathered market data.

Description of specifications with regards to work profiles

This is for the role of a Data Center Manager. Role specific responsibilities:

• Overseeing all data center operations, including technical operations, facility management, and security compliance
• Planning and coordinating data center activities, including system installations, upgrades, repairs and maintenance
• Ensuring high availability and performance of the IT systems, applications and services hosted in the data center
• Managing relationships with vendors and service providers, and ensuring they meet their contractual obligations
• Coordinate with IT departments to align data center operations with business goals.
• Monitoring the data center’s environmental parameters (temperature, humidity, etc.) and ensuring they are within the specified limits
• Developing and managing the data center’s budget, and ensuring cost efficiency
• Ensuring compliance with industry standards and regulations
• Coordinating disaster recovery and business continuity procedures
• Maintaining high availability and performance of the data center.
• Ensuring data center operations comply with all applicable laws and regulations.
• Developing and implementing data center policies and procedures.
• Plan and manage data center budget.
• Conduct regular system audits and generate reports for management.
• Coordinate and manage data center projects

Job purpose:

• Full Time 12 months internship position (Dec 2024/Jan 2025 opening)
• Support mainly Capital Markets and Lending business in Singapore and Asia region.

Key activities:

• Assist business management in daily “run the bank” activities and management of issues surrounding ongoing business (eg. manual checking of trades vs. the Restriction/KYC List (Whirlpool), weekly management reports etc)
• Identifying and assessing profitable business opportunities in the region; quantifying resource requirements, implementing business plans and change initiatives
• To develop basic knowledge of the bank’s products such as –Fixed Income & Currencies, Commodities, Money Markets, Syndicated Finance, and Loans
• Support business development by undertaking research and analysis on the markets in Asia
• Develop understanding of products suitable for each target country / market in Asia, together with the regulatory challenges and constraints (eg. keeping the CM Asia and Singapore from the New Product Process list up to date, helping to minutes in the monthly Asia OpCo meeting with senior managements in Asia)
• Develop understanding key business drivers of the various business area, application of this knowledge to align own activities
• Assist in preparation of financial analysis to support strategic decisions by the business
• Assist in coordinating business-related projects, ensuring objectives are delivered
• Assist in the development of new processes, systems and procedures to meet changing business requirements
• Develop understanding to actively response to and identification of internal client requests (eg. providing support to gather data for regulatory reporting)
• Develop understanding to identify problems and all relevant issues in simple situations; development of possible solutions and their evaluation using standard procedures
• Lean to organisation and prioritization of own work, to deliver against agreed targets and deadlines
• Provide support to senior staff as directed, or ah-hoc support wherever required
• Initiates action to further improve skills and performance
• Play an active role in understanding an embracing the compliance culture of Commerzbank
• Adhere to the client governance policies and procedures and related Compliance tasks within the first line of defense concept of the bank
• To adhere to all relevant regulatory and compliance requirements

Formal education:

University degree or better – students/graduates from any school/course

Specialist knowledge (work experience, further qualification):

• Available to work full time
• No prior experience needed
• Have an interest in working with people in the financial markets
• Demonstrate an exceptional degree of initiative
• Able to deliver in high pressure and results-orientated environment
• A good level of computer literacy, including Excel and Powerpoint
• Fluent in English
• Singaporeans and Singaporean PRs preferred

Job purpose:

• Daily Market Risk and PnL reporting and Analysis of Financial Mkts business (Structured Credit Derivatives, FX activities) and Treasury in Singapore
• Daily Liquidity Risk reporting and analysis for the Asian local branches

Key activities:

• Daily Data quality checks
• Daily Reporting process production (Desk Mandate checks, Trader sign-off follow-up)
• Validation and analysis of provided risk and P&L data.
• Ensure the timely production and delivery of reports that show the risks against their limits, in particular VaR, P&L and stress tests as well as other relevant exposures. Escalate limit breaches.
• Provide P&L explanation and attribution as well as investigation on P&L issues raised by the traders and local management.
• Support the local GRM-RC Asia team to develop excel/access/VBA tools for automation when needed.

Formal education:

• Bachelor / Master (at least end of second year)
• Major: Mathematics/Physics/Finance/Computer Science

Specialist knowledge (work experience, further qualification):

• Financial products and Economics modules
• Analytical and communication skills
• Good knowledge of Excel/VBA and/or SQL is a plus
• Fluency in English

Job purpose:

An exciting opportunity to gain broad experience across a range of Trade Finance and Cash Management areas. Develop a skill set as a foundation for a Transaction Banking career. Depending on business requirements, and candidate performance during rotations / projects in these 3 areas:

(i) Strategy and Business Management

Support the Head of Trade Finance and Cash Management Singapore in the development, implementation and controlling of the business strategy for Singapore.

Develop a view of the business, and an understanding of market, client, and regulatory trends.

(ii) Sales

Support of Sales Specialists in the overall communication with the customer and stakeholders within the organisation.

Assistance to Sales Specialists in preparation of client meetings by compiling internet research on customer and information from internal systems e.g., prepare Terms & Conditions, presentations / pitch decks.

Support in customer meetings, producing minutes and helping with any follow-up.

Independent organization and support in preparation of internal and external events and meetings.

Support the Head in planning, strategizing, implementation, execution, and reporting tasks.

Key activities:

Sales

• Supporting the sales team within the sales process, e.g., research and compilation of market, competitor, and potential analysis as well as product information (in complex cases).
• Independently solving of customer requests in taking the bank’s economical requirements, rules and regulations as well as compliance related tasks into consideration.
• Coordination of customer appointments with existing and potential corporate customers upon request of the sales team.
• Supporting marketing initiatives and customer events together with the sales team.
• Assisting the sales team in processing trade finance and cash management transactions for customers.
• Monitor clients’ business and operations at all levels on a timely and ongoing basis to ensure business opportunities are followed up and for thorough credit and financial crime risk monitoring.
• Uploading, maintaining and finalizing pipeline inputs and acknowledging market trends.

Formal education:

• Recent graduates with not more than 1 year of professional work experience (excluding internships)
• Bachelor’s Degree in Business Finance/Social Science with GPA 3.5/5 & 3.2/4.
• Proof of other adequate qualification

Description of specifications with regards to work profiles

• Willingness to learn, be part of a dynamic team and make an impact and achieve results
• Proactive & self-initiated quick learner, able to adapt quickly
• Team player & good interpersonal skills
• Strong sense of responsibility & integrity
• Client centric & service oriented
• Ability to work under pressure & deliver high quality output
• Meticulous & Strong communicator

Job purpose:

Interest Rates, Currencies & Commodities Trading (IRCCT) is one of the principal divisions of Corporate Clients, acting as a counterpart for business lines across the Bank. The candidate will assist the Commodities Trading team in Asia as Trader support and in the team’s strategy in building a profitable client orientated business.

Key activities:

• To set up client requests on internal systems
• To assist traders in booking of trades, tracking of positions, PnL attribution
• To act in accordance with the Commodities Market Risk strategy and framework
• To deal effectively with day to day activities, to act in a professional manner and with propriety at all times, to escalate to senior management as appropriate.
• To know and keep updated of the rules and regulations of the markets and exchanges in which you assist in the trade
• To adhere to all relevant regulatory and compliance requirements
• Provide other ad-hoc support where required as assigned by the bank

Formal education:

• University graduate
• Must have the right to work in Singapore
• Recent graduates with not more than 1 year of professional work experience (excluding internships)

Specialist knowledge (work experience, further qualification):

• Analytical Skills
• Decision-making skills
• Entrepreneurial orientation
• Sales orientation
• Cooperation

Job purpose:

The Intern program is designed to facilitate the applicant to gain a broad experience in the Cluster Supply Organisation where business specialists, business experts, engineer specialists, engineers and product owners work together as a team. The agile methods support the team members in performing their functions by facilitating a rapid and flexible response to changing conditions and customer needs through an iterative approach and the continual development of new solutions. This approach is intended to bring about better products, higher quality, more efficient processes, and higher implementation speeds. The team works together to ensure that valuable functionalities are provided to customers and that existing products, processes and services are developed and improved in line with customer needs.

To achieve this, the team members organise their own activities, working autonomously and with full accountability. To that end, they are granted responsibility for all processes and systems needed for the products, processes, and services for which they are accountable. Open communications among the team members ensure regular and timely feedback. This enables the team to adopt a "fail fast" approach – i.e. the rapid recognition and correction of mistakes, which permits a quick reaction to changing conditions and customer needs by means of iterative procedures.

The role has both a technical and operational focus and acts in the capacity of a cell member. He / She has an agile and digital mind-set, and continually adapts it to changing requirements. He / She is deployed where his/her knowledge and experience are needed, and therefore demonstrates flexibility with regards assignments in various cells and chapters, even across cluster boundaries.

Key activities:

• Working in a cross-functional team to be able to perform all tasks required to deliver the relevant products, services, processes and systems
• Product portfolio management and steering, implementation and ongoing development of one or more products, services, processes and/or systems across the entire life cycle in a team, taking quality standards into account
• Preparing and implementing digital strategies, ensuring the core infrastructure of products, services, processes, and systems; full commitment to innovative technologies; establishment and expansion of the use of digital channels
• Acquisition, ongoing development and transfer of operational / process-related/IT knowledge on assigned issues
• Application and ongoing development of the necessary skills to set up new, future-ready digital architectures
• Concept design and implementation of agile quality assurance and risk management
• Customer and interface management, including needs analysis, advice and support for central functions and clusters with regard to assigned issues
• Ensuring that internal and external standards are met, in particular with regard to regulatory issues, reporting, compliance and auditing in the context of assigned issues and applying best practices
• Operation, support, and maintenance of infrastructure, including performant support for relevant systems, data updates, reporting and user authorisation management
• Compliance with security standards and ensuring stable operations regarding products, services, processes and systems
• Testing activities
• Production and maintenance of documentation, including specifications and operational categories

Formal education:

Skills and Qualifications

• Recent graduates with not more than 1 year of professional work experience (excluding internships)
• Bachelor's or Master's degree in Computer Science or a related field.

Specialist knowledge (work experience, further qualification):

• Knowledge of programming languages and or some coding skills beneficial

Description of specifications with regards to work profiles

• Willingness to learn, be part of a dynamic team and make an impact!
• Proactive & self-initiated
• Strong desire to learn
• Ability to learn & adapt quickly, and work independently or as part of a team
• Highly motivated to achieve results
• Team player
• Strong sense of responsibility & integrity
• Client centric & service oriented
• Ability to work under pressure & deliver high quality output
• Meticulous
• Good interpersonal skills
• Strong communicator
• Good verbal and written English communication skills

Job purpose:

• Full time 12 months internship position
• Support COO Asia Office with a focus on internal/employee communications, events and department administration

Key activities:

Primary activities:

• Management of COO Asia Office SharePoints and Comnet (intranet) pages.
• Drafting of internal and employee articles for Asia for multi-channel delivery on intranet, SharePoints and other delivery channels where appropriate.
• Develop digital assets such as employee testimony video statements and produce videos for internal communication channels promoting the franchise in Asia.
• Provide communications support for regional employee communications initiatives such as Singapore Corporate & Social Responsibility Council.
• Coordinate and support complex VC and conference call logistics for internal events like regional town halls and staff teach-ins (masterclasses, Lunch & Learn) regionally.
• Support Events lead for the region in virtual and onsite client / staff events; end-to-end event management as required.
• Assist COO Asia Office in general administrative tasks where required.

Secondary activities:

• Support Regional Board Member Asia Office and Divisional Board Member Office (Frankfurt) as directed and provide ad-hoc support where required.

Formal education:

• University graduate

Specialist knowledge (work experience, further qualification):

• English native speaker with excellent writing and elocution skills.
• Knowledge of SharePoint is mandatory.
• Advanced proficiency in MS Office is mandatory: Excel, Word and PowerPoint.
• Basic proficiency in video production software is an advantage.
• Conversational Mandarin or German is an advantage but not essential.
• Basic understanding of the financial markets and regulations, in particular Europe and Asia is an advantage but not essential.
• Able to demonstrate an exceptional degree of initiative, international exposure, high EQ and situational awareness, a team player who also knows how to work independently.
• Singaporeans and Singaporean PRs preferred

Description of specifications with regards to work profiles (if available)

• Recent graduates with not more than 1 year of professional work experience (excluding internships)

Job purpose:

In the Cluster Supply Organisation, business specialists, business experts, engineer specialists, engineers and product owners work together as a team. The agile methods support the team members in performing their functions by facilitating a rapid and flexible response to changing conditions and customer needs through an iterative approach and the continual development of new solutions.

This approach is intended to bring about better products, higher quality, more efficient processes and higher implementation speeds. The team works together to ensure that valuable functionalities are provided to customers and that existing products, processes and services are developed and improved in line with customer needs.

To achieve this, the team members organise their own activities, working autonomously and with full accountability. To that end, they are granted responsibility for all processes and systems needed for the products, processes and services for which they are accountable. Open communications among the team members ensure regular and timely feedback. This enables the team to adopt a "fail fast" approach – i.e. the rapid recognition and correction of mistakes, which permits a quick reaction to changing conditions and customer needs by means of iterative procedures.

The engineer has a technical focus and acts in the capacity of a cell member. Depending on suitability, qualifications and requirements, he/she may also assume the role of scrum master.

He/she has an agile and digital mind-set, and continually adapts it to changing requirements, using the available development opportunities.

The engineer is deployed where his/her knowledge and experience are needed, and therefore demonstrates flexibility with regard to assignments to various cells and chapters, even across cluster boundaries

Ultimately, the position "Engineer (Developer)" is to build high-quality, innovative and fully performing software that complies with the banks coding standards and technical design.

Main tasks

Key Accountabilities:

• Execute full software development life cycle (SDLC) of resilient, highly scalable back-end components and services, web pages, and re-usable front-end components
• Product portfolio management and steering, implementation and ongoing development of one or more products, services, processes and/or systems across the entire life cycle in a team, taking quality standards into account
• Preparing and implementing digital strategies, ensuring the core infrastructure of products, services, processes and systems; full commitment to innovative technologies; establishment and expansion of the use of digital channels
• Ensuring that internal and external standards are met, in particular with regard to regulatory issues, reporting, compliance and auditing in the context of assigned issues and applying best practices
• Operation, support and maintenance of infrastructure, including performant support for relevant systems, data updates, reporting and user authorisation management
• Compliance with security standards and ensuring stable operations with regard to products, services, processes and systems
• Organising, coordinating and setting priorities to fulfil regular tasks, focusing on own field of expertise
• Recognition and problems specific to own specialised area; assessment of these problems using standard processes; preparing / developing solutions
• Application and ongoing development of the necessary skills to set up new, future-ready digital architectures

An engineer enjoys innovating on Products & Technology, including :

• Work alongside a cross-functional team of Product Engineers in delivering relevant products, services, processes and systems
• Takes pride in producing clean, re-usable code and takes full ownership of the quality of code
• Great inline documentation in code, code reviews to improve coding standards/performance.
• Unit tests, Integration tests, Performance tests and tuning to enable high performance services
• Produce specifications and determine operational feasibility
• Integrate software components into a fully functional software system
• Support, document and maintain software functionality
• Troubleshoot, debug and upgrade existing systems
• Ensure software is updated with latest features

Function-specific qualification criteria classified by Commap level

Level 2

• Responsibility for and leadership of one or more interfaces; sharing specialised knowledge within cells and/or chapters
• Organising,coordinating and setting priorities to fulfil regular tasks, focusing on own field of expertise
• Concept development, support and ongoing development of products / services / processes / systems within the cell; development of solutions geared to requirements
• Analysis, continual optimisation, implementation and transparent documentation of processes, taking into account regulatory requirements and process management parameters to fulfil defined targets / regular tasks
• Efficient, high-quality and timely implementation of own tasks, taking into account security, proper procedures and risk
• Active control and management of costs/revenues/quality within own working area along with identification of risks under supervision
• Recognition and problems specific to own specialised area; assessment of these problems using standard processes; preparing / developing solutions
• Matching of internal and external data; preparing comparisons; participation inpricing processes; creating proposals and preparing decision papers based on gathered market data

Level 3

• Responsibility for and proactive leadership of one or more interfaces; sharing specialised knowledge – also between cells and chapters
• Coordination and steering of interdisciplinary activities
• Design, support and ongoing development of heterogeneous / multi-dimensional products (possibly portfolios) / services / processes / systems and structures to support uniform and optimal business processes throughout the entire Bank
• Analysis, continual optimisation, implementation and transparent documentation of processes, taking into account regulatory requirements and policies
• Efficiency and quality awareness; due consideration for security, proper procedures and risk; setting timeframes and deadlines
• Active control and management of costs/revenues/quality within own working area along with identification of risks
• Recognition of problems and patterns in various situations; consideration of problems in a larger context and identification of solutions; selection of appropriate solutions from a solution portfolio
• Evaluation and analysis of comparative market studies; independent investigation in the pricing process, taking into account alternatives in line with market conditions, including their implementation
• Development of short to medium term plans in own area, including forecasting of necessary resources

Description of specifications with regards to work profiles

Work experience requirements:

• Several years of hands-on experience in software development using Java / Python
• Proficient knowledge of Unix scripting, databases (NoSQL like MongoDB, Relational DB like PostgreSQL)
• Proficiency with software and product development lifecycle (incl. coding, coding standards and reviews, source control, testing, debugging, build, deployment and operations)
• Experience in front end / UI technologies including frameworks such as React / Angular / Bootstrap. Proficiency in Mobile / Responsive UIs would be a plus.
• Experience using big data platform Spark,
• Experience in CI / CD tools: Maven / Gradle, Jenkins / TeamCity, GIT / Bitbucket
• Familiar with DevOps, Agile / Scrum
• Keen understanding of applications and infrastructure.
• Knowledge of Docker containers and container orchestrator Kubernetes

Qualifications:

• Expert programmer in Java / JavaScript, with an exposure to orchestration (Apache Camel)
• Export programmer in Python with an exposure to Spark
• Web GUI experience desirable
• Experience and knowledge of IT security best practices

Personal Skills:

• Must be a team player with excellent attitude to work in collaborative environment and
• Should be able to pair program with colleagues
• Must be a self-starter and versatile
• Good analytical and conceptual thinking
• Have very good communications skills

Qualification Criteria and Experience Levels

Comprehensive, wide-ranging knowledge and totally confident practical application. Is capable of communicating knowledge and practical experience and finding new solutions independently. Works independently with much decision-making power within a predefined structure:

• Advanced standard skills beyond Commerzbank scope
• Able to handle the complete lifecycle for the relevant subject
• Results are of a reliable quality / appropriate consistency in producing deliverables
• Reliable effort estimation, also for third parties
• Quick to learn new topics

Minimum 4 years professional experience

Job purpose:

• Focus is on the development and growth of Structured Solutions loan business, while also working on structured financing transactions (TRS, repos, secured loans, etc.)
• Leading the loan origination process, from inception to closing.
• Structuring credit solutions for clients of the bank, involving discussions with clients, idea generation, documentation negotiation and client presentation.
• Work on and devise new and innovative structures, demonstrating technical knowledge and commercial judgement
• Ensure that trades and structures are efficient from a tax, regulatory and Basel III perspective, with ongoing monitoring of changes in rules and regulations
• Work closely with Legal and Operations colleagues to ensure trades are structured in a legally efficient manner and trades can be handled operationally by the bank
• Co-ordinate medium-sized projects including the necessary new product approvals, identifying resource requirements, monitoring performance against objectives and acting to ensure targets are met and products are approved
• Develop and define processes, systems and procedures ensuring standards and requirements are met and improving efficiency

Key activities:

• Focus on Asia loan franchise including deriving further business from the bank's clients. Involves travel to meet clients and building internal network to promote the business.
• Regular and active discussions with clients
• For loan transactions, participate in the necessary meetings and committees while also being responsible for document review and negotiations with clients, internal and external lawyers and other stakeholders
• Responsible for building pipeline of business and execution of that pipeline, working together with Sales colleagues
• Responsible for internal approvals process for own transactions
• Structuring for transactions to include understanding and finding solutions for legal, tax, accounting and regulatory issues
• Origination & structuring of credit derivative transactions, structured repo products, collateral lending, collateral swaps and illiquid assets (syndicated and bilateral loans) and the related hedging instruments
• Detailed understanding of Loan (LMA/LSTA/Bilateral), Credit Derivatives (ISDA), Repo (GMRA) and collateral lending (GMLSA) documentation.

Formal education:

Educated to minimum of degree level in quantitative subject (Mathematics, Engineering, Physical Sciences, Quantitative Finance etc.), 2:1 level or above plus higher-level formal qualification in a quantitative subject (Masters, PHD or professional qualification)

Specialist knowledge (work experience, further qualification):

• Minimum of 5 years' experience working in structuring of loans and loan-related products
• Track record in delivering solutions and generating significant revenue on loan-related transactions.
• Experience with structured credit derivatives, structured repos, and illiquid asset transactions.
• Experience with structuring Islamic products would be an advantage
• As an MAS certified person, candidate will be required to maintain all necessary licences, certificates, and qualifications to perform the role

Detailed Requirements for each career level

CC-03

• Min. 5 yrs experience
• Able to handle the structuring, review and negotiation of loan documentation independently
• Liaising internally for credit approvals

CC-04

• Min. 10 yrs experience
• Independently able to originate deals from borrowers
• Responsible for internal approvals, producing term sheets, reviewing and negotiating loan documentation
• Generate new business ideas for growth

Job purpose:

We are looking for someone to support the Relationships Managers and the Associates on daily operational and administrative matters in Corporate Banking, which includes but not limited to: desktop research, reporting, new transactions, KYC/AML (new client onboarding and existing client rolling review), preparation of internal and external presentations, maintenance of client information system, and any other ad-hoc requirements from the Relationship Managers.

We are looking for someone who is resourceful; and have certain ability to anticipate what might be required on certain task given. The individual is also expected to exhibit an inquisitive mindset and to show the ability to interact with colleagues.

Compliance relevant:

Compliance / Regulatory

• Adherence to the bank's governance policies and procedures and related Compliance tasks within the 1st Line of Defence concept of the bank.
• Autonomously stay informed about compliance and regulatory requirements applicable to Relationship Management department.
• Acting in line with the Code of Conduct and ComWerte and especially uphold the Culture of Integrity at all times.

Formal education:

• Bachelor Degree or Candidate of Bachelor Degree
• Fundamental knowledge in Banking, Finance and/or Accounting is preferred
• Microsoft Office (Word, Excel, PowerPoint, Outlook, Teams) proficiency is required

Specialist knowledge (work experience, further qualification):

• · Fluent in English (mandatory), and
• · Fluent in German (preferred but not mandatory), or
• · Fluent in Korean (preferred but not mandatory), or
• · Fluent in Mandarin (preferred but not mandatory)

Job purpose:

Commerbank’s eFX platform is a vital component of the FX trading business. Without market leading performance, stability and flexibility in this platform Commerzbank’s position as a broker of choice for key clients will be eroded, which would be materially detrimental to the investment bank’s P&L.

The eFX Technology Team is responsible for architecture, design and development of Commerzbank’s eFX trading platform. This could involve building bespoke trading and pricing platforms a well as distribution to external clients. The team is highly competent and technically adept on low latency and high performance computing.

The position "Software Engineer" comprises the following roles:

• Software Developer / Database Developer
• Development Environment Specialist
• Technical Specialist / Product Specialist
• Technical Writer
• Tester
• Third level support to high calibre customers and personnel

The candidate will work closely with a small (but globally distributed) IT team, both to participate in new developments to deliver business initiatives and to support our existing application. The business is ever changing and demands an agile development culture. The candidate must have a proven track record of being able to work in a highly dynamic environment with demanding clients and aggressive schedules. Primary asset classes covered are FX and FX Options.

Ultimately, the role of the Software Engineer is to build high-quality, innovative and fully performing software that complies with the banks coding standards and technical design.

Key activities:

Key Accountabilities:

• Execute full software development life cycle (SDLC)
• Develop flowcharts, layouts and documentation to identify requirements and solutions
• Write well-designed, testable code
• Produce specifications and determine operational feasibility
• Integrate software components into a fully functional software system
• Develop software verification plans and quality assurance procedures
• Support, document and maintain software functionality
• Troubleshoot, debug and upgrade existing systems
• Deploy programs and evaluate user feedback
• Comply with project plans, industry standards and internal or external policies
• Ensure software is updated with latest features
• Performance tuning, improvement, balancing, usability, automation
• Software testing and quality assurance
• Maintain compliance standards

Formal education:

Requires a Master's degree in Information Technology, Computer Science, or related field or equivalent and three (3) years of experience designing and developing complex computer systems.

Specialist knowledge (work experience, further qualification):

Work experience requirements:

• 5+ years of commercial experience in software development using core Java
• 2+ years of hands on experience in writing multi-threaded / concurrent applications
• Experience in code analysis, performance tuning / profiling of real-time, high-performance, low-latency systems
• Good in computer science fundamentals
• Experience with resolving issues related to memory management / garbage collections is a plus
• Experience in profiling tools is a plus
• Experience with using continuous integration tools like TeamCity / Junit /JMock, Maven, JIRA, or any other set of tools is a plus)
• Proficient knowledge of Unix scripting, databases, network protocols

Qualifications:

• Experience with financial market data messaging standards highly desirable (e.g. FIX)
• Swing/GUI experience desirable, but not required
• Experience with financial tick database technology (e.g. kdb+) desirable
• Experience and knowledge of IT security best practices
• A good understanding of eFX trading processes as well as of technical architectures in this domain is desirable

Personal Skills:

• Must be a team player with excellent attitude to work in collaborative environment
• Should be able to pair program with colleagues
• Excellent communications skills
• Must be a self-starter and versatile
• Outstanding analytical thinking

Qualification Criteria and Experience Levels

Comprehensive, wide-ranging knowledge and totally confident practical application. Is capable of communicating knowledge and practical experience and finding new solutions independently. Works independently with much decision-making power within a predefined structure:

• Advanced standard skills beyond Commerzbank scope
• Able to handle the complete lifecycle for the relevant subject
• High productivity and quality
• Reliable effort estimation, also for third parties
• Quick to learn new topics
• Experience as a software developer in at least 2 projects for different applications, each with an IT capacity of > 250,000 EUR.

Job purpose:

Specific to this role: Credit Officer supporting the Korean desk in the Singapore Branch International Corporates business line, located in the Singapore Branch.

This is a Group Risk Management role working closely with the Korean Client Relationship desk (3 pax) with the focus on detailed credit risk assessment and obtaining the credit decision. The credit risk assessment is on the Parent Group, usually also subsidiaries, that are located either in Korea or Europe / US / Other Asia.

In addition to actively working on new business, ongoing assessment, and monitoring of completed transactions, and ad hoc credit related projects.

Generic to Credit Officer role: Guided by the highest quality standard in decision-making, the Credit Officer (CO) decides and is primarily responsible for credit synopses which he/she processes himself/herself or within his/her group, distributes within the group according to difficulty and complexity, and discusses in individual cases. In order to obtain adequate information he/she regularly participates in client visits.

As supervisor the CO is responsible for the risk result and the risk quality of the credit portfolio within his/her responsibility. The CO shares responsibility for the performance (gross / value contribution margin) of the exposure he/she processes in the corporate lending business. In the context of managerial duties, the CO is guided by the Bank’s strategic goals, business policy focus and, in particular, its credit risk strategy. In addition, the CO ensures compliance with Service Level Agreements entered into with Market units (Time to Market). He/she disposes of extensive competencies and lending authorities and uses them in responsible manner within his portfolio responsibility and to influence a risk adequate pricing. Cases within his/her own 4 eyes-lending authority he/she acts as final decision maker and cannot be overruled on his/her authority level by the market side. For superseding authority levels the CO adopts the higher competence, submits decision proposals and exposes files when indicated in the decision making bodies of the segment credit committee of Corporate International or, if applicable, in the Group credit committee (KK).

In the context of his executive function the CO promotes self-initiative, readiness to perform, constructive co-operation and team spirit through clear job definition, delegation of responsibility and adequate information.

In his/her team the CO points out deficits as well as necessities for improvement and pursues these consistently. He/she continuously optimizes task execution and promotes exchange of information, ideas and experience.

Key activities:

Specific to tise role:

• New position to establish Corporate Credit Risk Management expertise to support Korean desk.
• Strong track record as risk manager. Mandatory - good experience of risk assessment of Korean corporate clients and their subsidiaries. Good understanding of Korean Group structures. Products: Syndicated and Bilateral Loans, Export Credit Agency Covered Loans, Various types of Guarantees, Trade Finance instruments, Derivative products.
• Strong ability to confidently participate in meetings with clients where required.
• Liaison and close working involvement with the Credit Officers and Managers in other Commerzbank branches and across different time zones.
• Evaluation and structuring of potential transactions within risk guidelines and policies including the preparation of Credit Applications and Internal Credit Ratings. Including cash flow modelling, return analysis as well as coordination with other bank support functions in connection with transactions in the existing portfolio. Involvement in post approval documentation.
• Where required, assist in the external due diligence process as part of the credit process.
• Monitoring of portfolio will include evaluation of potential deteriorations in the credit condition of individual transactions. Stay up to date on industry trends and current market conditions.

Generic to Credit Officer role:

Junior (related to exposures with a low degree of risk):

• To improve risk result and risk quality (risk mitigation) of the credit portfolio within his/ her decision-making authority
• To ensure a well-balanced situation between risk and earnings
• To analyse the financial and economic situation of the borrower (incl. balance sheet analysis on internationally accepted accounting principles, business development trends, in particular future-orientated cash flow analysis etc.) and decision-making regarding case-related core segmentation criteria
• To be involved in the gathering of information about customer, as well as about current development of respective industry sector i.e. regular participation in customer visits
• To ensure a consistent, risk-sensitive and rule-compliant rating assessment
• Risk identification and early recognition, perception of potential risks
• Classification of risk (depending on the situation) in dialogue with other COs to guarantee a consistent and coherent credit policy
• Consideration of portfolio targets within one’s area of responsibility, including controlling and reporting

Intermediate (additional; related to exposures with a medium degree of risk):

• Investigation, definition and rule-compliant reporting of engagements with significantly downgraded creditworthiness (Intensive Care)
• Duty to inform Local Credit Officer (LCO) concerning process disruptions, problem issues and significant individual case decisions
• Compliance with Service Level Agreements (qualitatively and quantitatively)
• To ensure data quality in consideration of regulatory standards,
• Promotion of know-how transfer, expertise and teambuilding
• Supply of necessary information from his/her own sphere of activity for the preparation of Industry Batches
• To support the Local Credit Officer (LCO) in risk management related tasks e.g. portfolio analysis
• To participate in projects and also to lead them if required.

Formal education:

• University degree in Accounting / Business / Financial discipline.
• Other postgraduate of professional qualifications in finance related fields.

Specialist knowledge (work experience, further qualification):

- Work experience

• Minimum 3 years Risk Management of Korean corporates for Associate level, 5 years AVP level, 7 years for VP level, either within an International bank, Korean Headquartered bank, or Leading Rating Agency. (Mandatory).
• Demonstrable track record of transaction execution across multiple Korean corporates / sectors (Mandatory).
• Good command of Korean language at a minimum level of C1 (CEFR) or Level 5 (TOPIK) for non-native speaker as this role will need to liaise frequently with Korean speaking clients (Mandatory)
• Formal Credit risk trained and full understanding of lending principles (Mandatory)
• Excellent communication in English as well as presentation and marketing skills. Basic German language an advantage. Open to travel to Korea on an ‘as required’ basis.
• Extensive experience with Microsoft Word, Excel, PowerPoint, especially financial models, and rating systems
• Positive attitude to take on special tasks involving inter branch liaison and dealing with Head Office on risk operational issues.
• Ideally has existing network in the Korean Credit Risk Officer network.
• Strong knowledge of commercial and corporate banking products is an advantage.
• Detailed knowledge of loan and security documents.
• Knowledge of general and internal regulations, workflows and local (MAS) regulatory guidelines
• Knowledge of a future-orientated cash flow analyses
• Knowledge of the evaluation, implementation, and monitoring of portfolio structures
• knowledge of the general sector analysis

- Further Qualifications

• Self-confident, willing to make decisions and able to justify and communicate professionally, calmly, and clearly. Able to approach problems and resolve potential conflicts in a constructive and structured manner.
• Strong team player
• Self-motivated and resourceful. Ability to handle multiple tasks and adapt to a changing business environment

Job purpose:

• Focus is on the development and growth of Structured Solutions loan business, while also working on structured financing transactions (TRS, repos, secured loans, etc.)
• Leading the loan origination process, from inception to closing.
• Structuring credit solutions for clients of the bank, involving discussions with clients, idea generation, documentation negotiation and client presentation.
• Work on and devise new and innovative structures, demonstrating technical knowledge and commercial judgement
• Ensure that trades and structures are efficient from a tax, regulatory and Basel III perspective, with ongoing monitoring of changes in rules and regulations
• Work closely with Legal and Operations colleagues to ensure trades are structured in a legally efficient manner and trades can be handled operationally by the bank
• Co-ordinate medium-sized projects including the necessary new product approvals, identifying resource requirements, monitoring performance against objectives and acting to ensure targets are met and products are approved
• Develop and define processes, systems and procedures ensuring standards and requirements are met and improving efficiency

Key activities:

• Focus on Asia loan franchise including deriving further business from the bank's clients. Involves travel to meet clients and building internal network to promote the business.
• Regular and active discussions with clients
• For loan transactions, participate in the necessary meetings and committees while also being responsible for document review and negotiations with clients, internal and external lawyers and other stakeholders
• Responsible for building pipeline of business and execution of that pipeline, working together with Sales colleagues
• Responsible for internal approvals process for own transactions
• Structuring for transactions to include understanding and finding solutions for legal, tax, accounting and regulatory issues
• Origination & structuring of credit derivative transactions, structured repo products, collateral lending, collateral swaps and illiquid assets (syndicated and bilateral loans) and the related hedging instruments
• Detailed understanding of Loan (LMA/LSTA/Bilateral), Credit Derivatives (ISDA), Repo (GMRA) and collateral lending (GMLSA) documentation.

Formal education:

• Educated to minimum of degree level in quantitative subject (Mathematics, Engineering, Physical Sciences, Quantitative Finance etc.), 2:1 level or above plus higher-level formal qualification in a quantitative subject (Masters, PHD or professional qualification)

Specialist knowledge (work experience, further qualification):

• Minimum of 5 years' experience working in structuring of loans and loan-related products
• Track record in delivering solutions and generating significant revenue on loan-related transactions.
• Experience with structured credit derivatives, structured repos, and illiquid asset transactions.
• Experience with structuring Islamic products would be an advantage
• As an MAS certified person, candidate will be required to maintain all necessary licences, certificates, and qualifications to perform the role

Detailed Requirements for each career level

CC-03

• Min. 5 yrs experience
• Able to handle the structuring, review and negotiation of loan documentation independently
• Liaising internally for credit approvals

CC-04

• Min. 10 yrs experience
• Independently able to originate deals from borrowers
• Responsible for internal approvals, producing term sheets, reviewing and negotiating loan documentation
• Generate new business ideas for growth

Job purpose:

An exciting opportunity to gain broad experience on managing a range of Trade Finance Products including Working Capital solutions. Develop a skill set as a foundation for a career in Trade Finance Back Office, Middle Office, and Trade Sales. Depending on business requirements, and candidate performance in the following areas:

(i) Operations

Processing of the trade finance business for customers, including client and stakeholder communication.

Ensuring compliance with first line of defence responsibilities.

Key activities:

• Support the operation team on the end-to-end process in handling Documentary Credit and/or Guarantee transactions, Working Capital Solutions transactions including pre-processing & post- processing tasks.
• Providing process-oriented advice to Customers with due consideration given to their specific needs and the bank’s operational requirements.
• Support Senior Trade specialist in performing 2nd level control (internal) on transactions executed to ensure transactions completed in adherence to Global Procedures and/or Internal Guidelines
• Support Local Head in reviewing and/or updating Internal /Global procedures/guidelines whenever required.
• Support Local Head on any adhoc topic/initiative/project.

Formal education:

• Relevant bachelor’s degree or diploma
• Not more than 1 year working experience