Group Strategic Analytics (GSA) concentrates Deutsche Bank’s quantitative and modelling expertise within a single unit. With group-wide responsibility for model development GSA takes a cross-business and cross-functional approach to solving quantitative modelling and analytics challenges and rolls out common development standards.

You will join the Market Risk Strats unit within GSA, which is a team comprised of people with technology, front office quant and risk methodology experience. Your immediate focus will be on methodology development and implementing models for Valuation Control, including model reserves, prudent valuation, fair value reserves, and transactions based back-testing. In addition, the successful candidate would participate in the build of a system for capital and reserve reporting and optimization that will be deployed to Valuation Control, Finance, and Trading.

Since this is a senior position, we will expect you to participate in the conceptualization and design as well as the implementation of the solutions.

Your key responsibilities

• Contribute to the development of model methodology, provide quantitative and qualitative justification for modelling choices.

• Participate in the development of production applications implemented in Python and C++

• Maintain a rigorous focus on system stability, and completeness and accuracy of calculations, as applications are developed, and continue with this focus as they are used in production.

• Contribute to creating regulatory compliant model documentation for new models and model changes.

• Analyse and explain calculated numbers, work with traders, risk managers and strategist colleagues to continuously improve models and risk management and pricing tools.

Your skills and experience

• At least a master’s degree in a quantitative discipline – Mathematics, Physics, Finance, or, Computer Science. A PhD is preferred.

• Prior work experience related to finance.

• Familiarity with derivatives pricing models.

• Strong coding development capabilities – either in Python or C++

• Proven ability to contribute to a large team development project. Experience with source code control, unit-testing, regression testing, release and deployment controls.

• Fluency in English and German.

How we’ll support you

• Training and development to help you excel in your career

• 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

What we offer

We provide you with a comprehensive portfolio of benefits and offerings to support both, your private and professional needs.

• Emotionally and mentally balanced
  A positive mind helps us master the challenges of everyday life – both professionally and privately. We offer consultation in difficult life situations as well as mental health awareness trainings.

• Physically thriving
  We support you in staying physically fit through an offering to maintain personal health and a professional environment. You can benefit from health check-ups; vaccination drives as well as advice on healthy living and nutrition.

• Socially connected
  Networking opens up new perspectives, helps us thrive professionally and personally as well as strengthens our self-confidence and well-being. You can benefit from PME family service, FitnessCenter Job, flexible working (e.g parttime, hybrid working, job tandem) as well as an extensive culture of diversity, equity and inclusion.

• Financially secure
  We provide you with financial security not only during your active career but also for the future. You can benefit from offerings such as pension plans, banking services, company bicycle or “Deutschlandticket”.

Since our offerings slightly vary across locations, please contact your recruiter with specific questions.

This job is available in full and parttime.

In case of any recruitment related questions, please get in touch with Christin Bode.

Contact Christin Bode: +49 30-3407 4860

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.