Quantitative Strategist - Credit Risk and Capital Strats

Deutsche Bank AG; Camden Town; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

A leading global investment bank is seeking a Quantitative Strategist in Credit Risk and Capital Strats to support the XVA trading desk. Responsibilities include enhancing risk management tools and pricing capabilities. Candidates should have a Master's or PhD in a quantitative field and expertise in derivative products. Hybrid work, competitive salary, and comprehensive benefits are offered.

Benefits

Hybrid working model

Competitive salary

30 days holiday plus bank holidays

Life Assurance

Private Healthcare

Qualifications

• Master’s degree or PhD in a quantitative subject or equivalent qualification/work experience.
• Strong understanding of pricing and risk of derivative products.
• Experience in XVA modelling and working on a XVA desk.

Responsibilities

• Support business requests for new products/models and automation.
• Ensure smooth operation of daily production of accurate risk and P&L figures.
• Expand pricing capabilities for XVA and funding.

Skills

Pricing and risk of derivative products

Strong computing skills

Programming in C++ and Python

Effective communication

Ability to work under tight deadlines

Education

Master’s degree or PhD in a quantitative subject

Job description

Job Title

Quantitative Strategist – Credit Risk and Capital Strats

Location: London

Corporate Title: Vice President, Group Strategic Analytics, part of Group Chief Operation Office (COO)

Overview

You'll be dedicated to the X‑Value Adjustment (XVA) trading desk within the Fixed Income & Currencies business in the Investment Bank, helping to build risk management and (pre‑deal) pricing tools, enhancing the strategic XVA calculation engine/platform and supporting intraday and end‑of‑day P&L.

Key Responsibilities

• Support the business requests, in terms of both new products/models and automation.
• Ensure smooth operation of the franchise, in terms of daily production of accurate and timely risk and P&L figures.
• Deal with multiple stakeholders, from traders to finance, from software developers to Market Risk.
• Expand pre‑deal pricing capabilities for XVA, funding and capital‑based pricing for Trading, Sales and Structuring globally.
• Enhance the strategic XVA (grid) calculation engine as part of the Strategic Analytics Platform.

Qualifications

• Master’s degree or PhD in a quantitative subject or equivalent qualification/work experience.
• Strong understanding of pricing and risk of derivative products across Credit, Rates and Foreign Exchange (FX), Commodities.
• Work experience on a XVA desk and/or experience in XVA modelling.
• Strong computing and programming skills, experience in financial services environment, utilising C++ and Python.
• Ability to communicate effectively across multiple teams and functions, with excellent presentation skills.
• Ability to prioritise against tight deadlines.

What We Offer

• Hybrid working model – remote for part of your time.
• Competitive salary and non‑contributory pension.
• 30 days holiday plus bank holidays, with option to purchase additional days.
• Life Assurance, Private Healthcare, retail discounts, Bike4Work scheme and gym benefits.
• CSR programme support and 2 days volunteering leave per year.

Support & Development

• Training and development to help you excel in your career.
• Coaching and support from experts in your team.
• Culture of continuous learning.

Diversity & Equal Opportunity

We value diversity and as an equal opportunities employer we make reasonable adjustments for those with a disability. If you have a disability, health condition or require adjustments during the application process, please contact our Adjustments Concierge.

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

About Deutsche Bank

Deutsche Bank is the leading German bank with strong European roots and a global network.