At a Glance
- Tasks: Develop and enhance methodologies for exposure pricing and risk monitoring tools.
- Company: Join Deutsche Bank's innovative Counterparty Credit Risk Methodology team in London.
- Benefits: Enjoy a competitive salary, 30 days holiday, and flexible working options.
- Other info: Embrace a diverse and inclusive workplace with excellent career growth opportunities.
- Why this job: Make a real impact on financial risk management while working with top experts.
- Qualifications: Graduate degree in a quantitative field and proficiency in Python required.
The predicted salary is between 70000 - 90000 £ per year.
You will join the Counterparty Credit Risk Methodology team within Group Strategic Analytics (GSA). The team develops and maintains Deutsche Bank’s derivatives exposure engine, simulating exposure profiles for derivatives and securities financing transactions using regulatory‑approved simulation models. The simulated time profiles are used to calculate exposure metrics such as Expected Positive Exposure (EPE), Potential Future Exposure (PFE) and Average Expected Exposure (AEE), which feed into Counterparty Credit Risk capital calculations. You will work closely with Market Risk Management on Basel III projects, including Fundamental Review of the Trading Book (FRTB), Credit Valuation Adjustment (CVA), and Prudential Valuation Adjustment (PVA) for X‑Value Adjustment (XVA).
Your key responsibilities
- Develop and enhance methodology for exposure pricing and path generation in the internal model.
- Support and improve back‑testing and risk monitoring tools (e.g., RNIEE).
- Design, build, and maintain analytical tools and scripts; ensure code and documentation are stored in the Kannon repository and comply with internal governance.
- Assist with internal and external audit responses, addressing queries and producing ad‑hoc analysis.
- Close regulatory, audit, and validation findings promptly; prepare business specifications and code prototypes, and implement code as required.
- Provide expertise and support to stakeholders in Credit Risk Management, Front Office, Finance, and Technology.
Your skills and experience
- Graduate degree (PhD or MSc) in a quantitative discipline.
- Relevant industry experience in a similar role.
- Strong problem‑solving ability.
- Background in financial mathematics and stochastic calculus.
- Proficiency with a mainstream programming language, preferably Python.
- Excellent interpersonal and communication skills; ability to explain complex concepts to diverse teams.
What we’ll offer you
- Hybrid working model allowing remote work for eligible employees.
- Competitive salary and non‑contributory pension.
- 30 days’ holiday plus bank holidays; option to purchase additional days.
- Life Assurance and Private Healthcare for you and your family.
- Flexible benefits including Retail Discounts, Bike4Work scheme, and gym benefits.
- Opportunity to support a wide ranging CSR programme and 2 days’ volunteering leave per year.
How we’ll support you
- Flexible working arrangements.
- Coaching and support from senior experts.
- Individualised flexible benefits.
- Adjustments for individuals with disabilities (e.g., screen readers, assistive devices).
We value diversity and, as an equal‑opportunity employer, we make reasonable adjustments for those with a disability. We welcome applications from all people and promote a positive, fair and inclusive work environment.
Counterparty Credit Risk Methodology Strat employer: Deutsche Bank AG
Deutsche Bank is an exceptional employer, offering a dynamic work environment in London that fosters innovation and collaboration within the Counterparty Credit Risk Methodology team. With a strong commitment to employee growth, competitive benefits including a hybrid working model, generous holiday allowance, and a focus on diversity and inclusion, Deutsche Bank provides a rewarding career path for those looking to make a meaningful impact in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Counterparty Credit Risk Methodology Strat
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We think you need these skills to ace Counterparty Credit Risk Methodology Strat
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Deutsche Bank AG.
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How to prepare for a job interview at Deutsche Bank AG
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Deutsche Bank AG.
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