Tim Dowling, Deutsche Bank’s structured finance risk manager has retired, a person familiar with the situation confirmed.

Dowling joined Deutsche Bank in 1997 from JPMorgan Chase & Co. and worked in New York.   

Dowling held positions at the firm including supervising market risk for the Americas and worked within the firm's risk control unit.

Daniel Britz, who will be based in London, will replace Dowling. Britz will report to David Stevens, global head of market risk management, another person said. Bloomberg first reported the move.

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