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 commitment to diversity and inclusion.
- Benefits: Enjoy hybrid working, 30 days' holiday, private healthcare, and flexible benefits tailored to you.
- Why this job: Be part of a culture that values continuous learning 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 a positive, inclusive work environment and support volunteering initiatives.
The predicted salary is between 43200 - 72000 £ per year.
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 (for example, screen readers, assistive hearing devices, adapted keyboards).
About us:
Deutsche Bank is the leading German bank with strong European roots and a global network. Deutsche Bank in the UK is proud to have been named in The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion. 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.
Corporate and Private Bank Strat | London, UK 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 | London, UK
✨Tip Number 1
Familiarise yourself with the latest trends in quantitative analytics and risk management. Understanding current methodologies and technologies used in the banking sector will give you an edge during discussions and interviews.
✨Tip Number 2
Network with professionals in the banking and finance industry, especially those working in corporate and private banking. Attend relevant events or webinars to make connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Brush up on your programming skills, particularly in C++ and Python. Being able to demonstrate your technical proficiency in these languages can significantly enhance your candidacy for a role that requires strong computing skills.
✨Tip Number 4
Prepare to discuss your understanding of funding costs and capital efficiency. Be ready to provide examples from your past experiences where you've successfully managed or modelled these aspects, as they are crucial for the position.
We think you need these skills to ace Corporate and Private Bank Strat | London, UK
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 risk management and capital efficiency. Use specific examples to demonstrate your expertise in modelling and managing funding costs.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight how your background aligns with Deutsche Bank's goals, particularly in terms of driving alignment across Front Office and Credit Risk Management.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, and that all information is accurate and well-presented. A polished application reflects your attention to detail and professionalism.
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 funding costs.
✨Demonstrate Programming Proficiency
Since the role requires strong programming skills, particularly in C++ and Python, be ready to talk about your experience with these languages. Consider discussing specific projects or challenges you've tackled using these technologies.
✨Understand the Banking Landscape
Familiarise yourself with the current trends in banking and finance, especially regarding funding models and capital efficiency. This knowledge will help you engage in meaningful discussions during the interview.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Think through how you would approach modelling funding costs or designing incentive structures, and be ready to articulate your thought process.