At a Glance
- Tasks: Support pricing, risk and P&L functionality in commodities using advanced tech.
- Company: Deutsche Bank, a leading global bank with a focus on innovation.
- Benefits: Competitive salary, 30 days holiday, private healthcare, and flexible benefits.
- Other info: Hybrid working model and a culture of continuous learning.
- Why this job: Join a dynamic team and make an impact in the commodities market.
- Qualifications: Experience in C++ and Python, with strong quantitative and communication skills.
The predicted salary is between 80000 - 100000 £ per year.
Position Overview
Location: London
Corporate Title: Director
Group Strategic Analytics (GSA) is part of the Group Chief Operation Office (COO) and acts as the bridge between the Bank’s businesses and infrastructure functions to deliver efficiency, control and transformation goals. As a member of the Commodities Strats team within GSA, you will support the pricing, risk and P&L functionality across commodities and commodity indices on the bank’s strategic Kannon platform. You will collaborate with trading, structuring and middle/back‑office functions, risk and finance to use the platform, and design extensions to facilitate new initiatives or resolve identified issues.
What We’ll Offer You
- Hybrid Working – eligible employees can work remotely part of the time.
- 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.
- Flexible benefits such as Retail Discounts, Bike4Work scheme and Gym benefits.
- Support for a wide ranging CSR programme and 2 days volunteering leave per year.
Your Key Responsibilities
- Support delivery of an immediate book of work in commodity derivatives, commodity indices and structured products.
- Provide desk support to trading to analyse risk and P&L issues day‑to‑day.
- Continuously improve the existing codebase in a rapidly changing environment to enable efficient new functionality.
- Work closely with Traders, Risk, Finance and other stakeholders to understand requirements and design strategic solutions.
Your Skills And Experience
- Good understanding of commodity derivative products.
- Experience primarily in modern C++ and Python development; proficiency in Python is highly beneficial.
- Knowledge of front‑office risk and P&L calculation with investment banking front‑office application delivery experience.
- Excellent quantitative, modelling, pricing and risk management skills, demonstrated within a financial services environment.
- Familiarity with volatility surface construction and calibration.
- Excellent interpersonal and communication skills with the ability to explain complex requirements clearly.
- Able to multi‑task across projects and prioritise against tight deadlines.
How We’ll Support You
- 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, make reasonable adjustments for those with a disability (e.g. screen readers, assistive hearing devices, adapted keyboards).
About Us
Deutsche Bank is a leading German bank with strong European roots and a global network. We welcome applications from all people and promote a positive, fair and inclusive work environment. For people with disabilities, health conditions or who require adjustments during the application process, please contact our Adjustments Concierge at adjustmentsconcierge@db.com.
Quantitative Commodities Strategist - Front-Office, Hybrid employer: Deutsche Bank
Deutsche Bank is an exceptional employer that prioritises employee development and wellbeing, offering a hybrid working model, competitive salary, and extensive benefits including 30 days of holiday and private healthcare. The collaborative work culture fosters continuous learning and innovation, making it an ideal environment for Quantitative Commodities Strategists to thrive and contribute to impactful projects in the heart of London.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Commodities Strategist - Front-Office, Hybrid
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to alumni from your university. Building relationships can open doors that you didn’t even know existed.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share your projects, especially those involving C++ and Python. Show them how you can tackle real-world problems in commodities trading.
✨Prepare for the Interview
Do your homework on the company and the role. Be ready to discuss how your skills align with their needs, especially around risk management and P&L calculations. Practice common interview questions to boost your confidence!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Deutsche Bank.
We think you need these skills to ace Quantitative Commodities Strategist - Front-Office, Hybrid
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the job description. Highlight your knowledge of commodity derivatives and your programming prowess in C++ and Python. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our needs. Don’t forget to mention your experience with risk and P&L calculations – it’s key for us!
Showcase Your Quant Skills:Since this role requires excellent quantitative and modelling skills, be sure to include specific examples of your work in these areas. We love seeing how you've tackled complex problems in the past, so don’t hold back!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be set!
How to prepare for a job interview at Deutsche Bank
✨Know Your Commodities
Make sure you brush up on your knowledge of commodity derivative products. Understand the current market trends and be ready to discuss how they impact pricing and risk management. This will show that you're not just technically skilled but also aware of the broader context.
✨Showcase Your Coding Skills
Since proficiency in modern C++ and Python is crucial, prepare to discuss your past projects or experiences where you've used these languages. Be ready to solve a coding problem on the spot, so practice common algorithms and data structures beforehand.
✨Communicate Clearly
You’ll need to explain complex concepts to various stakeholders, so practice articulating your thoughts clearly and concisely. Use examples from your previous work to demonstrate your ability to bridge the gap between technical and non-technical teams.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about past challenges you've faced in risk analysis or P&L calculations and how you overcame them. This will help you illustrate your quantitative and analytical skills effectively.
