IB - Global Markets Analyst – Macro Sales

Deutsche Bank AG; Hong Kong; On-site; HKD 600,000 - 1,000,000; Full time

Benefits offered by this job

Competitive Salary

Non-contributory Pension

20 days annual leave + public holidays

Life Assurance & Private Healthcare

Flexible benefits

CSR volunteering days

Job summary

Deutsche Bank in Hong Kong is seeking an Analyst/Associate to join the Macro Sales team, supporting client coverage, market analysis, and trade execution across FX, rates, and macro products.

You will work with Legal, Compliance and Operations on KYC and documentation, craft market commentary and client pitches, and collaborate with Rates, FX and Structured Products desks to align opportunities with client mandates.

Qualifications

• Academic background in Finance, Economics, Mathematics, Engineering, or a highly quantitative discipline.
• Willingness to study for and pass local regulatory licensing exams (e.g., FCA, FINRA).
• Strong knowledge of Fixed Income, Currencies, and Commodities (FICC).

Responsibilities

• Client Coverage & Execution Support: primary contact for institutional clients on market data, order status and electronic execution options.
• Trade Execution Support: assist with trade input, booking, and post-trade processing across assets.
• Onboarding & Lifecycle Management: coordinate KYC, ISDA, GMRA with Legal/Compliance/Operations.
• Market Analysis & Idea Generation: monitor macro data and policy shifts to generate trading ideas.
• Client Advisory Collateral: create macro recaps and tailored materials for pitches.
• Cross-Desk Collaboration: liaise with Rates, FX, and Structured Products desks to match inventory with client mandates.

Skills

Market knowledge FICC

Excel advanced

PowerPoint

Bloomberg Terminal

Reuters Terminal

AI tools usage

Client communication

Team collaboration

Education

Bachelor's/Master's in Finance/Economics/Mathematics/Engineering or quantitative field

Tools

Bloomberg Terminal

Reuters Terminal

Job description

Job Description

About the Division and Team Deutsche Bank’s Global Markets business offers a fully integrated, global product platform. With unrivalled breadth and superior execution capabilities, we are dedicated to making markets and providing sophisticated client solutions across a wide range of Macro products. Our product suite includes Foreign Exchange (FX), Rates, Options, Bonds, External Debt, and complex cross-market derivatives spanning multiple global jurisdictions. We are currently seeking a highly motivated Analyst/Associate to join our Macro Sales team to support client coverage, drive market analysis, and facilitate seamless trade execution.

What we will offer you

A healthy, engaged and well-supported workforce is 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 center. You can expect:

• Competitive Salary and non-contributory pension
• 20 days annual leave plus generous number of public holidays
• Life Assurance and Private Healthcare for you and your family
• A range of flexible benefits including retail discounts, gym benefits, wellbeing incentives
• The opportunity to support a wide ranging CSR program plus take volunteering leave days

Your Key Responsibilities

• Client Coverage & Execution Support
  • Client Query Management: Serve as a primary point of contact for institutional clients, responding efficiently and professionally to inquiries regarding market data, order status, and electronic execution options.
  • Trade Execution Support: Partner with senior sales coverage to facilitate seamless trade input, booking, and post-trade processing across both developed and emerging market assets.
  • Onboarding & Lifecycle Management: Coordinate closely with Legal, Compliance, and Operations teams to navigate Know Your Customer (KYC), ISDA, and GMRA documentation, ensuring a smooth onboarding experience for clients.
• Market Analysis & Idea Generation
  • Market Intelligence: Monitor global macroeconomic data, central bank policy shifts, and geopolitical developments to synthesize market color and communicate actionable trading trends to the desk.
  • Client Advisory Collateral: Create high-quality, tailored presentation materials, macro recaps, and customized product solutions for client pitches and advisory meetings.
  • Cross-Desk Collaboration: Actively liaise with Rates, FX, and Structured Products trading desks to match available market inventory with client demands and investment mandates.

Your Skills and Experience

• Education & Credentials
  • Academic Background: Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Engineering, or a highly quantitative discipline.
  • Licensing: Ability and willingness to quickly study for and pass required local regulatory licensing exams (e.g., FCA, FINRA, or local equivalent) upon hiring.
• Technical Capabilities
  • Market Knowledge: A solid foundational understanding of Fixed Income, Currencies, and Commodities (FICC) products, including government bonds, interest rate dynamics, and foreign exchange markets.
  • Software Proficiency: Highly proficient in Microsoft Excel (advanced formulas, vlookups, macros) and PowerPoint.
  • Systems Exposure: Prior experience using financial terminals such as Bloomberg or Reuters is highly preferred.
  • Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
• Soft Skills & Competencies
  • Resilience & Agility: Proven ability to multitask, prioritize effectively, and execute flawlessly under tight deadlines within a fast-paced, high-pressure trading floor environment.
  • Communication: Exceptional verbal and written communication skills, with the poise and confidence to interact effectively with sophisticated, high-profile global institutional investors.
  • Team Player: A highly collaborative mindset with strong interpersonal skills and a proactive approach to problem-solving.

How we’ll support you

• Flexible working to assist you balance your personal priorities
• 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
• Training and development to help you excel in your career

About us and our teams

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

Deutsche Bank & Diversity

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.

Equal Opportunity

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

For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people - in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world - be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security.

More information at: Deutsche Bank Careers (db.com)