At a Glance
- Tasks: Develop and maintain credit risk methodologies for Deutsche Bank's diverse portfolios.
- Company: Join Deutsche Bank, a leading global bank with a commitment to innovation.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and private healthcare.
- Other info: Embrace a culture of continuous learning and diversity in a supportive environment.
- Why this job: Make a real impact in risk management while developing your analytical skills.
- Qualifications: Master's or PhD in a quantitative field with experience in credit risk modelling.
Location: London
Group Strategic Analytics (GSA) 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. You will join the Risk Methodology (RM) team, within GSA which is instrumental in developing and maintaining Deutsche Bank Group’s risk measurement methodologies, across a diverse set of portfolios, thereby providing both businesses and risk managers with fit-for-purpose tools for allocating financial resources, managing risk appetite, and making well-informed credit decisions. In addition, the team ensures that all the models developed within the Bank are based on requirements relating to regulatory and economic capital calculations.
Your key responsibilities:
- Development, implementation, and maintenance of methodologies for the credit risk parameters for retail and wholesale portfolios of Deutsche Bank compliant with regulatory requirements to modelling of credit risk parameters.
- Resolution of regulatory and internal findings related to the methodology of credit risk parameters or related models.
- Active interaction with senior management and various internal stakeholders from the Business, Credit Risk Management, Finance, Capital management etc.
Your skills and experience:
- Relevant university degree (Master or/and PhD) in a quantitative discipline (e.g. Mathematical Finance/Statistics/Econometrics) with a focus on application of theoretical knowledge into practice.
- Knowledge of credit risk management and relevant regulations related to modelling of credit risk parameters (PD, LGD, CCF) as well as proven experience in internal modelling for more than 3 years.
- Strong analytical skills, proven ability to handle and optimize processing of large datasets, proficiency with advanced statistical techniques as well as hands-on experience with analytical packages.
- Proven experience in supporting the delivery of model development projects requiring cross-functional stakeholder syndication and in executing regulatory audits and other external reviews of internal models.
- Excellent interpersonal skills with the ability to effectively communicate and explain complex ideas in an understandable way, excellent written and verbal skills in English, good written and verbal skills in German are preferable.
What we’ll offer you:
- A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace.
- 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.
How we’ll support you:
- Flexible working to assist you balance your personal priorities.
- Coaching and support from experts in your team.
- 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 (e.g. screen readers, assistive hearing devices, adapted keyboards). We welcome applications from all people and promote a positive, fair and inclusive work environment. If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge at adjustmentsconcierge@db.com to discuss.
Quantitative Strategist – Risk Methodology Specialist employer: Dormont Manufacturing Co
Deutsche Bank is an exceptional employer, offering a dynamic work environment in London that prioritises employee development and wellbeing. With a commitment to hybrid working, competitive salaries, and a comprehensive benefits package including generous holiday allowances and private healthcare, employees are empowered to thrive both professionally and personally. The culture fosters continuous learning and inclusivity, ensuring that every team member has the opportunity to grow and contribute meaningfully to the bank's strategic goals.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Strategist – Risk Methodology Specialist
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We think you need these skills to ace Quantitative Strategist – Risk Methodology 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 Dormont Manufacturing Co.
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How to prepare for a job interview at Dormont Manufacturing Co
✨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 Dormont Manufacturing Co.
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Before your interview, reach out to current or former Dormont Manufacturing Co 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.
