Structured Credit Group - Financial Engineering - Analyst- Associate
Deutsche Bank
Job Description:
Job Title Structured Credit Group - Financial Engineering
Corporate Title Analyst-Associate
Location New York, NY
Overview
Deutsche Bank’s Structured Credit group is looking for an Analyst/Associate to join the financial engineering team in New York, NY. You must possess creativity and technical expertise within quantitative methods and analytical finance. You must have expertise in utilizing quantitative techniques in collateral analysis, securitization, and structural analysis – across multiple asset classes, investor preferences and issuer requirements. The individual must be able to operate independently as well as have the ability to work effectively within a team.
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift, and volunteer programs
What You’ll Do
Perform detailed collateral analysis on pools of different assets
Use stratifications and other reporting tools to effectively convey pool characteristics, concentrations, distributions, and risks. Proactively determine missing, incomplete, and inaccurate information
Serve as the primary point of contact between the team and clients, rating agencies, attorneys, accountants, and others on all matters related to collateral characteristics and analysis
Over time learn to contribute to daily fundings, cash flow modeling and bond structuring, including default and prepayment scenario analysis, and credit analysis
Skills You’ll Need
Moderate experience in Asset Backed Securities/Residential Mortgage-Backed Securities (ABS/RMBS)
Prior experience with collateral analysis and cashflow modeling; Familiarity with transaction legal documents review and rating agency methodologies
Excellent Excel skills required, ability to develop customized spreadsheet applications and VBA coding experience a strong plus
Knowledge of Intex, Bloomberg and other market data sources a plus
Must have a strong interest in building a career in Securitization and/or Asset Finance
Strong analytical and fixed income math skills required; Strong independent problem-solving skills and excellent communication skills required
Skills That Will Help You Excel
Bachelor’s degree preferably in mathematics, statistics, science or engineering is strongly preferred
Excellent communication skills, work ethic, and temperament, especially in time-critical and pressure situations
Ability to work on various ad hoc projects related to the capital markets function with limited guidance
Ability to work in a complex environment as a significant idea contributor and team player in situations involving multiple geographic and financial markets
Expectations
It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is 110,000 - $140,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. 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. Click here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
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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. Click these links to view 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.