At a Glance
- Tasks: Use advanced quantitative techniques to analyse market data and forecast trends.
- Company: Join Deutsche Bank's innovative Market Data Strategy and Analytics team in London.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and private healthcare.
- Other info: Experience a culture of continuous learning and diverse workplace opportunities.
- Why this job: Make a real impact on risk management while developing your skills in a supportive environment.
- Qualifications: Masters/PhD in a numerate field with strong Python coding and quantitative skills.
The predicted salary is between 60000 - 80000 £ per year.
The Market Data Strategy and Analytics (MDSA) team is at the forefront of leveraging data to drive risk management. MDSA is responsible for the meticulous procurement, analysis, and governance of historical market data, which underpins crucial risk metrics for both current and future Pillar 1 and Pillar 2 capital regulations. Joining MDSA offers a unique opportunity to engage in high-impact initiatives supporting business growth and regulatory requirements, through the delivery of historical market data time series.
Market Valuation and Risk Management (MVRM) manages market risk and ensures fair value assessment of Books & Records within Deutsche Bank. You will work in the MDSA team in MVRM, contributing to high-impact projects that apply advanced quantitative techniques, machine learning, and statistical methods to generate high-quality historical market data and forecast trends. You will collaborate with experienced colleagues, receiving coaching and support to grow through exposure to advanced statistics, machine learning, domain-specific knowledge, and stakeholder-facing activities.
What We’ll Offer You
- Hybrid Working – eligible employees can work remotely part of the time and find a working pattern that suits 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 and 2 days’ volunteering leave per year
Your Key Responsibilities
- Quantitative modelling of market risk data using machine learning and statistical techniques
- Developing proxy methodologies for risk factors across asset classes
- Data validation and forecasting
- Creating prototypes and collaborating to take them through to successful deployment in production
- Design and implement a market data framework compliant with the principles of Fundamental Review of the Trading Book (FRTB), supporting and working closely with Group Strategic Analytics, Quantitative Analysts, Risk Methodology and IT teams
Your Skills And Experience
- Educated to Masters/PhD degree in a numerate field (e.g. Quantitative Finance, Mathematics, Physics, Engineering) or equivalent experience
- Strong quantitative and Python coding skills including a good mastery of Probability, Statistics and Derivatives Pricing Theory
- Strong understanding of Market Risk frameworks underlying Pillar 1 and Pillar 2 models, including new regulations such as FRTB
- Experience in designing system use cases and testing new methodologies
- Excellent written and oral communication skills
How We’ll Support You
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- 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)
We welcome applications from all people and promote a positive, fair and inclusive work environment. We are an equal opportunities employer and strive to provide reasonable adjustments for persons with disabilities.
Market Data Quant Specialist employer: Deutsche Bank
Deutsche Bank is an exceptional employer, offering a dynamic work environment in London where innovation meets collaboration. As a Market Data Quant Specialist, you will benefit from a culture of continuous learning, competitive salary, and flexible working arrangements, alongside generous holiday allowances and comprehensive health benefits. The opportunity to engage in high-impact projects while receiving coaching from experienced colleagues ensures your professional growth in a supportive and inclusive atmosphere.
StudySmarter Expert Advice🤫
We think this is how you could land Market Data Quant 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. 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 Market Data Quant 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.
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'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
✨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.
✨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 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 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.
