At a Glance
- Tasks: Monitor trade bookings and support end-of-day processes in a fast-paced trading environment.
- Company: Dynamic investment bank with a focus on innovation and collaboration.
- Benefits: Hybrid working, competitive salary, 30 days holiday, and flexible benefits.
- Other info: Opportunities for training, development, and career growth in a diverse workplace.
- Why this job: Join a team that drives efficiency and accuracy in trading operations.
- Qualifications: Degree in Finance or related field; analytical skills and problem-solving mindset required.
The predicted salary is between 55000 - 65000 £ per year.
We work in partnership with Trading, Global Strategic Analytics (GSA), Finance and Operations to facilitate the delivery of accurate and complete trader Risk and Profit & Loss (RPL) on the Bank’s strategic valuation platform for the Fixed Income & Currencies (FIC) business. We support multiple Front Office desks, overseeing intraday trade monitoring and end‑of‑day orchestration.
Members are responsible for investigating the root causes of issues and inefficiencies and delivering immediate solutions where possible. Coverage spans Rates, Credit and Emerging Markets businesses, with product types including, but not limited to, Derivatives, Over‑the‑Counter (OTC), Exchange‑Traded, and Cash instruments. We work directly with trading and operations on the trading floor to ensure trade bookings are complete and correct intraday, proactively monitor for discrepancies, orchestrate the end‑of‑day close, and assist in the substantiation of position risk tie‑out.
What we’ll offer you
- Hybrid working – we understand that employee expectations and preferences are changing.
- 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 plus 2 days’ volunteering leave per year.
Your key responsibilities
- Monitor intraday trade bookings to ensure completeness and accuracy in Front Office systems.
- Support the end‑of‑day close process, investigating booking issues as needed.
- Liaise directly with Trading, GSA, and Infrastructure teams to upscale and remediate breaks.
- Investigate root causes of operational issues and inefficiencies, proposing immediate solutions where possible.
- Contribute to improving trade processing workflows, with a focus on control and automation.
- Maintain a strong understanding of key product types: Interest Rate (IR) swaps, index and single‑name credit default swaps (CDS), bonds, futures.
- Assist with the substantiation of P&L variance.
Your skills and experience
- Logical thinker with strong problem‑solving and analytical skills.
- Degree level or equivalent qualification/work experience in Finance, Mathematics, Economics, or a related field.
- Preferred: a relevant professional qualification (CFA/ACA) or master’s degree.
- Experience in a Middle Office, Product Control, or Risk and P&L role within an investment bank or financial institution.
- Good product knowledge across Fixed Income and Credit derivatives.
- Ability to build and maintain strong relationships with stakeholders.
- Strong communication skills, ability to engage with Trading and Infrastructure stakeholders.
- Ability to work under pressure and meet tight deadlines in a fast‑paced trading environment.
- Proactive, team‑oriented attitude with strong attention to detail.
- Python for automation is an advantage.
How we’ll support you
- Training and development to help you excel in your career.
- A range of flexible benefits that you can tailor to suit your needs.
Equal Opportunities
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).
Kannon Risk and Profit & Loss (RPL) Specialist employer: Deutsche Bank AG
As a Kannon Risk and Profit & Loss (RPL) Specialist in London, you will thrive in a dynamic and inclusive work environment that prioritises employee well-being and professional growth. With competitive salaries, generous holiday allowances, and a commitment to hybrid working, we empower our team members to balance their personal and professional lives while contributing to impactful projects in the Fixed Income & Currencies sector. Our culture fosters collaboration and innovation, providing ample opportunities for training and development, ensuring you can advance your career while making meaningful contributions to our operations.
StudySmarter Expert Advice🤫
We think this is how you could land Kannon Risk and Profit & Loss (RPL) Specialist
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Deutsche Bank AG. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Kannon Risk and Profit & Loss (RPL) Specialist
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.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Deutsche Bank AG's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
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.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Deutsche Bank AG will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Deutsche Bank AG employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
