Quantitative Strategist – Credit Risk and Capital Strats

Deutsche Bank; London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading global bank in London is seeking a skilled Quantitative Strategist to support the X-Value Adjustment (XVA) trading desk. The role demands a strong quantitative background, expertise in pricing and risk management of derivative products, along with strong programming skills in C++ and Python. This position offers comprehensive training and supports a culture of diversity and inclusion.

Benefits

Training and development

Coaching from experts

Flexible benefits

Qualifications

• Educated to Masters degree level or PhD in a quantitative subject.
• Strong understanding of pricing and risk of derivative products.
• Work experience on a XVA desk and/or XVA modelling.

Responsibilities

• Support business requests for new products/models and automation.
• Ensure smooth operation with accurate risk and P&L figures.
• Expand pre-deal pricing capabilities for XVA.

Skills

C++

Python

Risk management

Pricing derivative products

Effective communication

Time management

Education

Masters degree or PhD in a quantitative subject

Job description

Overview

Job Title Quantitative Strategist – Credit Risk and Capital Strats

Location London

Corporate Title Vice President

Group Strategic Analytics 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 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 (XVA modelling and book risk management), enhancing the strategic XVA calculation engine/platform and supporting intraday and end-of-day profit & loss (P&L).

Your key responsibilities

• Supporting the business requests, in terms of both new products/models and automation
• Ensuring the smooth operation of the franchise, in terms of daily production of accurate and timely risk and P&L figures
• Dealing with multiple stakeholders, from traders to finance, from software developers to Market Risk
• Expanding 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

Your skills and experience

• Educated to Masters degree level or Doctor of Philosophy (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 and experience within a financial services environment, utilising programming languages such as C++ and Python
• The ability to communicate effectively across multiple teams and functions, in addition to excellent presentational skills
• Ability to prioritise against tight deadlines

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• 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 (for example, screen readers, assistive hearing devices, adapted keyboards)

About us

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

Deutsche Bank in the UK is proud to have been named The Times Top 50 Employers for Gender Equality 2025 for six consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

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 how we can best support you. Alternatively, you can share your phone number, and a member of the team will be happy to call you to talk through your specific requirements.

We strive for a culture 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.