Wealth Management Quantitative Strategist

Deutsche Bank; Greater London; Hybrid; GBP 90,000 - 150,000; Full time

Benefits offered by this job

Hybrid working

Competitive salary

30 days’ holiday + bank holidays

Life Assurance

Private Healthcare for you & family

Flexible benefits

CSR volunteering leave

Job summary

Deutsche Bank in the United Kingdom is seeking an Associate/Vice President to develop quantitative models and analytics for pricing, counterparty risk, and margin across Wealth Management portfolios. You will build scalable Front Office solutions and ensure robust data integration with Risk, Tech and Operations.

The role requires strong C++ and Python skills and experience in derivatives or financing analytics.

Qualifications

• Strong C++ and Python production-quality software development skills.
• Experience in pricing, valuation or risk analytics for derivatives, financing transactions, loans or securities.
• Knowledge of counterparty credit risk, initial margin, collateral, stress testing or portfolio risk measurement.
• Understanding of sensitivities, greeks, market and trade data and their applications to risk and margin.
• Proven ability to deliver complex, cross-functional change in a Front Office environment.
• Excellent interpersonal and problem-solving abilities to influence technical and business stakeholders.

Responsibilities

• Develop quantitative models and analytics for pricing, counterparty risk, initial margin, stress testing and gap risk across Wealth Management portfolios.
• Build scalable, production-grade Front Office pricing and risk solutions with consistent integration across control functions.
• Design funding- and capital-aware pricing for deposits and loans.
• Integrate trade, market and collateral data across products and regions to deliver robust risk calculations.
• Translate complex portfolio analytics into actionable insights for business and risk decisions, including during market stress.
• Partner with Front Office, Risk, Technology and Operations to define requirements and deliver strategic solutions.

Skills

C++

Python

Pricing analytics

Counterparty risk

Greeks & sensitivities

Cross-functional work

Communication

Job description

Corporate Title Associate/Vice President

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.

Strats combine expertise in quantitative analytics, modelling, pricing and risk management with deep understanding of system architecture and programming. Their primary output is a scalable and flexible Front Office pricing and risk management system. The technology platform underlies the trading functions of the Bank as well as management processes around the rational allocation of constrained resources, management of funding costs and capital efficiency programs.

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

• Develop quantitative models and analytics for pricing, counterparty risk, initial margin, stress testing and gap risk across Wealth Management portfolios.
• Build scalable, production-grade Front Office pricing and risk solutions with consistent integration across control functions.
• Design funding- and capital-aware pricing for deposits and loans.
• Integrate trade, market and collateral data across products and regions to deliver robust risk calculations.
• Translate complex portfolio analytics into actionable insights for business and risk decisions, including during market stress.
• Partner together with Front Office, Risk, Technology and Operations to define requirements and deliver strategic solutions.

Your skills and experience

• Strong C++ and Python skills, with experience developing production-quality quantitative software.
• Experience in pricing, valuation or risk analytics for derivatives, financing transactions, loans or securities.
• Knowledge of counterparty credit risk, initial margin, collateral, stress testing or portfolio risk measurement.
• Sound understanding of sensitivities, greeks, market and trade data, and their application to risk and margin.
• Proven ability to deliver complex, cross-functional change in a Front Office environment.
• Excellent interpersonal and strong problem-solving skills, with the ability to both support and influence technical and business stakeholders.

How we’ll support you

• 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 (e.g. 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 be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers.

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 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