Commodities Quantitative Strategist

Deutsche Bank; Greater London; Hybrid; GBP 120,000 - 180,000; Full time

Benefits offered by this job

Hybrid Working

Competitive salary

Non-contributory pension

30 days holiday + bank holidays

Life Assurance

Private Healthcare

Flexible benefits

CSR program support

Job summary

Deutsche Bank in London is seeking a Commodities Quantitative Strategist (Associate) to join the Group Strategic Analytics team. You will support pricing, risk and P&L functions across commodity derivatives and indices within the Kannon platform, collaborating with traders, risk and finance to deliver analytical enhancements.

The role requires strong C++ programming skills and an understanding of commodity derivatives; you will improve codebase in a fast-changing environment and translate

Qualifications

• Good programming experience, primarily in modern C++.
• Understanding of commodity derivative products (nice to have).
• Knowledge of front‑office risk and P&L calculation with investment banking front‑office (advantageous).
• Quantitative, modelling, pricing and risk management skills demonstrated in a financial services environment.
• Excellent interpersonal and communication skills; able to explain complex requirements clearly and prioritise against tight deadlines.

Responsibilities

• Support delivery of an immediate book of work identified within commodity derivatives, commodity indices and structured products.
• Provide desk support to trading to analyse risk and P&L issues day‑to‑day
• Continuously improve the existing codebase in a rapidly changing environment to develop new functionality efficiently
• Work closely with traders, risk, finance and other stakeholders to understand requirements and design strategic solutions

Skills

C++ programming

Commodity derivatives knowledge

Front-office risk & P&L

Quantitative modelling

Communication skills

Job description

Job Title

Commodities Quantitative Strategist

Location

London

Corporate Title

Associate

Group Strategic Analytics (GSA) is part of Group Chief Operation Office (COO) which acts as the bridge between the Bank’s businesses and infrastructure functions to help deliver the efficiency, control, and transformation goals of the Bank.

You will join the Commodities Strats team within GSA, which is accountable for the pricing, risk, and profit & loss (P&L) functionality across commodity and commodity index within the banks strategic Kannon platform. As a member of a growing team, you will assist trading, structuring, middle/back office functions, risk and finance to use the platform and perform analysis, design and implementation of extensions to facilitate new initiatives or remedy identified issues.

What we’ll offer you

We are committed to providing an environment with development and wellbeing at its centre.

You can expect:

• Hybrid Working – Eligible employees can work remotely part of the time in a flexible model
• 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
• Flexible benefits: Retail Discounts, Bike4Work scheme, Gym benefits
• CSR program support with 2 days volunteering leave per year

Your key responsibilities

• Support delivery of an immediate book of work identified within commodity derivatives, commodity indices and structured products
• Provide desk support to trading to analyse risk and P&L issues day‑to‑day
• Continuously improve the existing codebase in a rapidly changing environment to develop new functionality efficiently
• Work closely with traders, risk, finance and other stakeholders to understand requirements and design strategic solutions

Your skills and experience

• Good programming experience, primarily in modern C++
• Understanding of commodity derivative products (nice to have)
• Knowledge of front‑office risk and P&L calculation with investment banking front‑office (advantageous)
• Quantitative, modelling, pricing and risk management skills demonstrated in a financial services environment
• Excellent interpersonal and communication skills; able to explain complex requirements clearly and prioritise against tight deadlines

How we’ll support you

• A culture of continuous learning to aid progression
• Flexible benefits that can be tailored to your needs
• We value diversity and, as an equal‑opportunity employer, provide reasonable adjustments for those with a disability such as assistive equipment (screen readers, hearing devices, adapted keyboards)

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

We welcome applications from all people and promote a positive, fair and inclusive work environment.