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Quantitative Strategist - Market Risk Strats - Associate

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Deutsche Bank

12d ago

  • Job
    Full-time
    Senior Level
  • Data
    Banking & Finance
  • Mumbai

AI generated summary

  • You need 5 years of banking experience, strong derivatives knowledge, familiarity with FRTB, quantitative skills, coding in R/Python/SQL, and advanced Excel/VBA. CFA/FRM/CQF preferred.
  • You will ensure FRTB calculations' accuracy, analyze charge drivers, identify exceptions, support risk management, enhance methodologies, liaise with teams for data challenges, and test workflow improvements.

Requirements

  • A strong, relevant background and 5 years of experience working in an international Bank or comparable experience
  • Good product knowledge of derivatives and pricing in at least one asset class – Equity, Credit, Rates, FX, Commodities or in Counterparty Credit risk.
  • Market risk, Middle office, Valuations or Product control background with relevant subject matter expertise in one of the three disciplines
  • Understanding of FRTB regulations, or experience in other regulatory areas
  • MFE/MBA in Finance or relevant experience with Engineering, Finance or quantitative/statistics background
  • Good understanding of statistical distributions
  • Knowledge of languages such as R / Python / SQL.
  • Excellent communication skills and attention to detail
  • Strong analytical, problem solving and critical thinking skills
  • Advanced Excel and VBA skills
  • A track record of working in a CTB (Projects) and RTB (Production) environment simultaneously
  • Certification such as FRM or CFA or CQF is preferred

Responsibilities

  • Run all process and controls to check completeness, accuracy and timeliness for FRTB CVA, FRTB SA and FRTB IMA (DRC and RTPL) numbers
  • Finalize FRTB SA and CVA charges and explain drivers of moves
  • Identify and remediate exceptions that are raised during FRTB calculations – both at individual Asset Class level and at DB Group level
  • Provide analytical support to Risk Managers and FO Strats to facilitate risk management / business decisions.
  • Contribute to methodological enhancements, including quantitative impact analysis. Applying experience and subject matter expertise to perform Run-the-bank tasks such as FRTB SA/CVA charge impact analysis for methodology, continuous improvement of processes and controls.
  • Liaising with Market Risk Managers, FO Quants, Change teams and Methodology to perform deep dives on data challenges in new market risk models/methodology changes/RNIV and implementation of new regulations
  • Help specify requirements and test functionalities for seamless implementation of new workflow/data/process enhancements - coordinating with Strats, FO and Risk Technology

FAQs

What is the job title for this position?

The job title is Quantitative Strategist - Market Risk Strats - Associate.

Where is the position located?

The position is located in Mumbai, India.

What are the primary responsibilities of this role?

The primary responsibilities include running processes and controls for FRTB calculations, finalizing FRTB charges, identifying and remediating exceptions, providing analytical support, and assisting with methodological enhancements.

What qualifications are required for this position?

Candidates should have a strong background and approximately 5 years of experience in an international bank, good product knowledge in derivatives, understanding of FRTB regulations, and skills in languages like R, Python, and SQL.

Is there a specific educational requirement for this role?

Yes, a Master's in Financial Engineering (MFE), an MBA in Finance, or a relevant degree in Engineering, Finance, or quantitative/statistics is preferred.

What skills are essential for success in this position?

Essential skills include strong analytical and problem-solving abilities, excellent communication skills, attention to detail, and advanced Excel and VBA skills.

Are any certifications preferred for this role?

Yes, certifications such as FRM, CFA, or CQF are preferred.

Does the company offer training and development programs?

Yes, the company provides training and development opportunities to help employees excel in their careers.

Are there flexible benefits available to employees?

Yes, there is a range of flexible benefits that employees can tailor to suit their needs.

What kind of work environment does Deutsche Bank promote?

Deutsche Bank promotes a positive, fair, and inclusive work environment, encouraging a culture of collaboration and shared success.

Deutsche Bank

Finance
Industry
10,001+
Employees
1869
Founded Year

Mission & Purpose

At Deutsche Bank, we give original thinkers the space and support they need to shine. Merging local knowledge with global vision, in-depth insight with industry-leading digital expertise, if you’re an innovator by nature, we can help you to unleash your potential. We see things differently at Deutsche Bank – and we’re proud of our fresh perspective. Today, we’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritising long-term success over short term gains, and serving society with ambition and integrity. Wherever your interests lie – in investment banking, trading, private wealth, asset management, retail banking - or many of the infrastructure functions that support them – you’ll discover resources, training and opportunities designed to keep you ahead of the curve. Intelligence has no boundaries: we welcome high-achieving, talented individuals from any background.

Benefits

  • Home office flexible work time

    We support flexible working, whether that’s working from home, flexible working hours or even part-time working. However, it is important to note that opportunities will vary depending on your particular role.

  • Annual leave & more

    Employees are entitled to generous leave allowance (details should be discussed with local recruitment teams). Additionally, paid leave is granted for special events including, wedding/civil partnerships, compassionate leave, paternity leave or when you’re caring for a sick child. On top of the statutory 36 months of parental leave (Germany), Deutsche Bank offers an extra six months of parental leave – providing you have been with us for more than three years.

  • Support & Counselling

    Whether you need professional help or personal advice: Deutsche Bank offers a comprehensive support network ranging from career advice, mental health support, assistance in finding childcare or social care for the elderly.

  • Health insurance

    You can choose between statutory or a range of private health insurance options. Our statutory health insurance ‘Betriebskrankenkasse BKK’ is available exclusively to Deutsche Bank employees and their families. Aside from shorter waiting times for appointments, BKK provides access to expert medical consultations over the phone and regular health checks.

  • Sick pay

    Beyond statutory sick pay, Deutsche Bank will also cover the difference between your net salary and the statutory sickness benefit allowance. The duration of the sick pay will be dependent on the number of years you’ve worked with us.

  • Pension

    We understand that pensions can be a dry topic; however here at Deutsche Bank, we are dedicated to simplifying the complexities, so that all of our people can enjoy their lives beyond work. To provide a great foundation for your future, we provide our people with a comprehensive pension scheme that delivers all the security and all the flexibility you need.