Trader

Deutsche Bank; New York (NY); On-site; USD 200,000 - 308,000; Full time

Benefits offered by this job

Employee Referral Incentive Program

Job summary

Deutsche Bank Securities, Inc. seeks a Trader in New York, NY to trade and underwrite complex credit risk within Global Financing and Credit Trading (GFCT). A Master’s degree or equivalent and 3 years’ experience in hedging, risk management and modeling are required, with Python, VBA, and Bloomberg used for analysis and valuation.

Salary range is $200,000–$307,500 per year. The role covers pricing, structuring and executing trades across IRS, TRS, CLOs, ABS, RMBS, CMBS, and loan portfolios,

Qualifications

• Master's degree in Finance, Financial Engineering or related field is required or equivalent.
• Three years of experience in hedging, risk management, and pricing for complex derivatives.
• Experience with Excel, Python, Bloomberg and risk analytics is expected.

Responsibilities

• Trade and underwrite complex and illiquid credit risk in GFCT.
• Price and structure derivatives including IRS, TRS, CLOs, ABS, RMBS, CMBS.
• Develop and validate financial models; perform market trend analysis.
• Collaborate with settlement and client execution teams.

Skills

Trading experience

Hedging strategies

Python

Excel modeling

Bloomberg

Machine Learning

Risk management

Quantitative analysis

Education

Master's degree in Finance or related field

Tools

Bloomberg API

Intex

VBA

Python libraries

Job description

Job Description:

Job Title: Trader

Location: New York, NY

Overview

Deutsche Bank Securities, Inc. seeks a Trader in New York, NY to trade and underwrite complex and illiquid credit risk as part of Global Financing and Credit Trading (GFCT) within the Credit Solutions business. Requires a Master’s degree in Finance, Financial Engineering, or a related field or equivalent and three (3) years of experience developing hedging strategies and managing risk for highly complex, non linear derivative portfolios; designing and validating financial models in Excel and utilizing financial data platforms including Bloomberg to analyze asset performance and provide market trend analysis; leveraging analytical tools, including VBA and Python, to analyze large datasets for pricing validation and ongoing risk monitoring; pricing repo, swap, structured credit, and hybrid derivative products using Bloomberg, Python, and valuation models, including Discounted Cash Flow, and Black-Scholes Derivative Pricing Model; utilizing Machine Learning techniques, Monte Carlo Simulation, Financial Time Series analysis, Optimization methods, Econometrics, and Linear Regression to analyze client portfolios and quotes and optimize internal funding costs and capital charges; utilizing Python DataFrames and analytical libraries for data processing and quantitative analysis and integrating Bloomberg APIs, Bloomberg Bond and Swap Pricers, and Intex platforms for valuation and cash flow modeling; structuring complex transactions, including Funding Agreement Backed Repos, Total Return Swaps, Energy Prepaid Transactions with Muni and other repo or reverse repo structures, including collateral swaps and tenor swaps; pricing and executing trades via broker markets and electronic platforms; building detailed cash flow financial models across a broad range of securities, including IRS, CCS, CDS, TRS, CLOs, ABS, RMBS, CMBS, loan portfolios, and repo transactions; analyzing Basel III framework and bank balance sheet mechanics to support capital optimization and regulatory compliance; and working with Depository Trust Company (DTC) and Euroclear settlement processes for repo transactions. Salary range: $200,000.00 - $307,500.00/year. This position is eligible for Deutsche Bank’s Employee Referral Incentive Program.

Deutsche Bank Benefits

We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.

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.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. “Deutsche Bank’s Equal Opportunity Policy Statement” and the following notices: “EEOC Know Your Rights”; “Employee Rights and Responsibilities under the Family and Medical Leave Act”; and “Employee Polygraph Protection Act.”

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.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. “Deutsche Bank’s Equal Opportunity Policy Statement” and the following notices: “EEOC Know Your Rights”; “Employee Rights and Responsibilities under the Family and Medical Leave Act”; and “Employee Polygraph Protection Act.”