Deputy Head of Commercial Real Estate (CRE) Credit Risk Management (CRM)

Deutsche Bank London, England Posted Apr 15, 2026

Full Time
Hybrid
Senior

Job description

Description

:

Job Title Deputy Head of Commercial Real Estate (CRE) Credit Risk Management (CRM)

Location London

Corporate Title Director

The Commercial Real Estate (CRE) credit risk management (CRM) team manages real estate related risk for Deutsche Bank’s CRE financings for its market-leading CRE financing franchise in its corporate and investment bank and wealth management group. The team has a global team of 55 people, between credit officers and valuation professionals.

You will be the deputy head of CRE, based in London and focused on global risk. You will report directly to the head of CRE CRM. You will be handling approvals for all real estate financing related transactions, monitoring the portfolio to an agreed risk appetite, working together with enterprise risk and the business on risk appetite setting and managing many stakeholders, within risk, business, as well as regulators and auditors.

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:

  • Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them

  • Competitive salary and non-contributory pension

  • 30 days’ holiday plus bank holidays, with the option to purchase additional days

  • Life Assurance and Private Healthcare for you and your family

  • A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits

  • The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year

  • Your key responsibilities

  • Work in close partnership with the Global Head of CRE Credit Risk Management to lead, develop and retain the team of credit officers and valuation professionals, fostering a strong and consistent risk culture while supporting the delivery of timely, well‑controlled credit decisions and portfolio oversight

  • Apply delegated approval and escalation authority for complex CRE transactions (including CMBS, structured warehouse facilities, construction and transition lending), and represent senior credit risk in key committees and governance forums

  • Support the evolution and innovation of product offerings from a risk perspective, ensuring alignment with strategy and risk appetite

  • In conjunction with the Global Head of CRE Credit Risk Management, contribute to setting and executing the CRE credit risk appetite, translating ECB supervisory expectations into clear limits, early‑warning indicators, escalation triggers and remediation plans across the global CRE platform

  • Provide oversight of proactive portfolio risk management across approximately EUR 40bn spanning multifamily, retail, office, lodging and industrial assets

  • Offer constructive and effective second‑line challenge to the first line of defence on underwriting and structuring across complex CRE products, ensuring appropriate risk mitigants aligned with policy, risk appetite and ECB regulatory expectations

  • Your skills and experience

  • In‑depth expertise in CRE markets and debt products, with sound and balanced credit judgement across complex and innovative structures.

  • Strong capability in identifying portfolio risks and supporting de‑risking strategies (including syndication, securitisation and disposals), underpinned by thorough and thoughtful due diligence.

  • Well‑developed experience in deal structuring, legal documentation negotiation and navigating complex governance frameworks aligned with ECB standards.

  • Proven experience managing and developing large teams, with a focus on accountability, succession planning, collaboration and delivery under pressure.

  • Broad and practical knowledge of property types, CRE structures, market cycles, liquidity dynamics and refinancing risk.

  • Experience engaging constructively with senior stakeholders, regulators and auditors, including leading and supporting remediation initiatives.

  • How we’ll support you

  • Training and development to help you excel in your career

  • Flexible working to assist you balance your personal priorities

  • We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards).

  • About us

    is the leading German bank with strong European roots and a global network. Click to see what we do.

    Deutsche Bank in the UK is proud to be named in and has been awarded a Gold Award from Stonewall and named in their .

    If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on to discuss.

    We strive for a in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

    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.

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