At a Glance
- Tasks: Join us to model funding costs and optimise financial resources in a dynamic banking environment.
- Company: Deutsche Bank is a leading global bank with a strong European foundation and diverse opportunities.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, private healthcare, and flexible perks.
- Why this job: Be part of a collaborative culture that values innovation and supports your career growth.
- Qualifications: Strong analytical skills, programming experience in C++ and Python, and knowledge of banking markets required.
- Other info: We promote diversity and inclusivity, offering support for those with disabilities.
The predicted salary is between 43200 - 72000 £ per year.
Location: London
Corporate Title: Vice President
Group Strategic Analytics 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. Strats combine expertise in quantitative analytics, modelling, pricing and risk management with deep understanding of system architecture and programming. Their primary output is a scalable and flexible Front Office pricing and risk management system. The technology platform underlies the trading functions of the Bank as well as management processes around the rational allocation of constrained resources, management of funding costs and capital efficiency programs.
You will join the team with the responsibility of Corporate and Private Bank Strat.
What we’ll offer you:
- Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a Hybrid Working 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:
- Modelling and managing funding costs and funds transfer pricing, moving to a portfolio funding model.
- Pricing deposits and loans based on funding costs and capital hurdles.
- Design incentive structures for businesses around financial resource consumption, allocation, and capital optimisation.
- Drive alignment across Front Office, Credit Risk Management, and Finance for financial resource calculations.
- Assist and support in building and calibrating credit risk capital models using historical default and recovery data.
- Provide trading desks expertise in quantitative analytics, modelling, pricing, and management of loan and mortgage portfolios.
Your skills and experience:
- Strong quantitative and analytical skills.
- Strong computing and programming skills, including C++ and Python experience.
- Understanding of funding or banking businesses and markets.
- Experience with interest rate risk or credit risk modelling.
- Experience with managing capital efficiency.
How we’ll support you:
- Training and development to help you excel in your career.
- Flexible working to assist you balance your personal priorities.
- 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.
About us:
Deutsche Bank is the leading German bank with strong European roots and a global network. 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.
About the company:
The bank's network spans 58 countries with a large presence in Europe, the Americas and Asia.
Corporate and Private Bank Strat employer: Deutsche Bank
Contact Detail:
Deutsche Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Corporate and Private Bank Strat
✨Tip Number 1
Familiarise yourself with the latest trends in quantitative analytics and risk management. This will not only help you understand the role better but also allow you to engage in informed discussions during interviews.
✨Tip Number 2
Network with professionals in the banking and finance sector, especially those working in corporate and private banking. Attend industry events or webinars to make connections that could lead to referrals.
✨Tip Number 3
Brush up on your programming skills, particularly in C++ and Python. Consider working on personal projects or contributing to open-source projects to demonstrate your coding abilities.
✨Tip Number 4
Prepare to discuss your understanding of funding costs and capital efficiency. Be ready to provide examples from your past experience that showcase your analytical skills and how they relate to the banking industry.
We think you need these skills to ace Corporate and Private Bank Strat
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Corporate and Private Bank Strat position. Tailor your application to highlight relevant skills such as quantitative analytics, programming in C++ and Python, and experience with funding or banking businesses.
Craft a Strong CV: Your CV should clearly showcase your strong quantitative and analytical skills, along with any relevant experience in interest rate risk or credit risk modelling. Use specific examples to demonstrate your expertise in managing capital efficiency and pricing strategies.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight how your background aligns with the key responsibilities, such as designing incentive structures and providing trading desk expertise. Make it personal and show your understanding of Deutsche Bank's culture and values.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a role that involves quantitative analysis and risk management.
How to prepare for a job interview at Deutsche Bank
✨Showcase Your Quantitative Skills
Be prepared to discuss your quantitative and analytical skills in detail. Bring examples of past projects where you applied these skills, especially in areas like risk management or pricing models.
✨Demonstrate Programming Proficiency
Since strong computing skills are essential for this role, be ready to talk about your experience with programming languages like C++ and Python. You might even be asked to solve a coding problem during the interview.
✨Understand the Banking Landscape
Familiarise yourself with current trends in funding and banking businesses. Being able to discuss how these trends impact capital efficiency and risk management will show your depth of understanding.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about how you would approach modelling funding costs or designing incentive structures, and be ready to explain your thought process.