Quant Strategist

Job Title Quant Strategist   

Location London

Corporate Title Associate

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.

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.

Within GSA, you will be joining the Risk Strats unit within GSA, which is a team comprised of people with technology, front office quant and risk methodology experience. Your immediate role will be in the Valuation Control Strats group, which is part of Risk Strats and delivers applications that solve quantitative problems for businesses across Deutsche Bank covering Independent Price Verification (IPV), Observability and Levelling, Prudent Valuation (PruVal) and Fair Value reserves.

The design, specification and implementation are the responsibilities of Strats in close partnership with Trading, Sales, Middle Office and Technology groups.

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

• Analysis, design, and development of efficient front-to-back functionality to deliver to business requirements in C++ and Python, with a focus on valuation controls including IPV, observability and levelling, fair value reserves, and prudential valuation

• Responsible for designing and re-engineering platform analytics and tooling to improve efficiency of valuation control processes across the Bank

• Partnering and working collaboratively with Trading, Sales, and Risk to define practicable and capital efficient methodologies that meet the Bank’s policies and regulatory standards

• Develop frameworks and workflow in C++ and Python to effectively control, monitor, and govern the Bank’s adherence to these standards

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

Your skills and experience

• In-depth knowledge and experience in object-oriented programming in Python and/or C++

• Understanding of the disciplines and experience with the tools used to deliver robust high-quality applications, including e.g. source control, unit/regression testing, release/deployment controls

• Excellent understanding of cross-asset financial derivatives and knowledge of Valuation Control topics (such as IPV, Fair Value, or PruVal) is advantageous

• A creative problem solver with a solid quantitative background (degree in a quantitative discipline like Mathematics, Physics, Finance, or Computer Science or equivalent qualification or equivalent experience), extensive analytical skills, and the ability to take ownership and work with tight deadlines

• Excellent interpersonal and communication skills with the ability to explain complex details

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 adjustmentsconcierge@db.com 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.