At a Glance
- Tasks: Support and develop pricing models for credit derivatives in a dynamic team.
- Company: Join Deutsche Bank, a leading global bank with a commitment to diversity and inclusion.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and flexible benefits.
- Why this job: Make an impact in finance while developing your skills in a supportive environment.
- Qualifications: MSc/PhD in relevant fields and strong skills in financial modelling and programming.
- Other info: Opportunities for continuous learning and career progression in a collaborative culture.
The predicted salary is between 36000 - 60000 £ per year.
You will be joining the Deutsche Bank Analytics (DBA) team in London. DBA is the front office quantitative research team in charge of the development of the pricing models used across all divisions of Deutsche Bank for trading and the risk management of Cash and Derivatives in all asset classes of the Bank including Rates, Credit, Foreign Exchange (FX), Commodities, Equities and Hybrids.
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.
What we’ll offer you
- 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
- Supporting pricing models for credit derivatives (structured, flow and credit correlation products).
- Developing and testing new and existing models.
- Supporting the DBA library to Trading and Strats.
Your skills and experience
- Experience in Financial modelling and derivatives pricing.
- Educated to Master of Science (MSc)/ Doctor of Philosophy (PhD) or equivalent qualification/work experience in a relevant subject such as Finance, Maths, Physics, Computer Science.
- Excellent communication skills, both written and verbal with attention to detail.
- Strong Maths skills in probability, stochastic calculus and numerical methods (finite differences, Monte Carlo).
- Good computing and programming skills, including C++ experience.
- Highly motivated with enthusiasm and willingness to learn and take on new challenges.
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.
Front Office Quantitative Researcher - Credit Derivatives employer: Deutsche Bank
Contact Detail:
Deutsche Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Front Office Quantitative Researcher - Credit Derivatives
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Deutsche Bank on LinkedIn. A friendly chat can give us insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your financial modelling and derivatives pricing knowledge. We want to see your passion and expertise shine through, so practice explaining complex concepts in simple terms.
✨Tip Number 3
Show off your coding skills! If you’ve got experience with C++, make sure to highlight that during interviews. We love seeing candidates who can blend technical prowess with quantitative research.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at Deutsche Bank.
We think you need these skills to ace Front Office Quantitative Researcher - Credit Derivatives
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Front Office Quantitative Researcher role. Highlight your experience in financial modelling and derivatives pricing, and don’t forget to showcase your strong maths skills and programming experience!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about quantitative research and how your background aligns with the responsibilities of the role. Keep it concise but impactful!
Show Off Your Communication Skills: Since excellent communication is key for this role, make sure your written application reflects that. Pay attention to detail, and ensure your writing is clear and professional. We want to see your personality shine through too!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the info you need about the role and our company culture there!
How to prepare for a job interview at Deutsche Bank
✨Know Your Models
Make sure you have a solid understanding of the pricing models for credit derivatives. Brush up on structured, flow, and credit correlation products. Being able to discuss these confidently will show your expertise and enthusiasm for the role.
✨Brush Up on Maths Skills
Since strong maths skills are crucial for this position, review key concepts in probability, stochastic calculus, and numerical methods. Be prepared to solve problems on the spot or explain your thought process during the interview.
✨Showcase Your Programming Skills
C++ experience is a must, so be ready to discuss your programming background. Bring examples of projects you've worked on or challenges you've overcome using C++. This will demonstrate your technical capabilities and problem-solving skills.
✨Communicate Clearly
Excellent communication skills are essential. Practice explaining complex concepts in simple terms, as you'll need to convey your ideas effectively to both technical and non-technical stakeholders. Remember, clarity can set you apart from other candidates.