Quantitative Strategist - Rates, Vice President

Job Description:

Job Title: Quantitative Strategist – Rates

Corporate Title: Vice President

Location: New York, NY

Overview

GSA concentrates Deutsche Bank’s quantitative and modelling expertise within a single unit. With group-wide responsibility for model development, GSA takes a cross-business and cross-functional approach to solving quantitative modelling, analytics scenarios, and rolls out common development standards.

To be successful in this role, you’ll need a deep understanding of system architecture and programming. You’ll be supporting the development and implementation of the strategic Kannon platform, delivering intraday and end of day pricing, risk, and P&L information to our fixed income trading desks.

What We Offer You

·       A diverse and inclusive environment that embraces change, innovation, and collaboration

·       A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

·       Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

·       Educational resources, matching gift and volunteer programs

What You’ll Do

·       The candidate should have multiple years of experience at a leading financial trading or software firm in the areas of:

• Fixed-income derivatives products, markets, and hedging requirements, in particular experience with cash, linear or non-linear interest rate products is desirable
• Theory and implementation of derivatives pricing and relative value models
• Enterprise-level software engineering. Experience with good design of real-time risk, dependence graphs, distributed computation, and machine learning desirable

·       Work in partnership with Trading, Structuring, Technology, and Operations to drive the build-out of the strategic analytics platforms

·       Responsible for implementing market data functionality in Kannon for Fixed Income & Currencies (FIC), covering IR curves, Inflation, IR vols, and other market data

·       Analysis, design, and development of analytics for the desk within Kannon platform

·       Strong focus on business-driven opportunities and bringing innovative and quantitative ideas to solve complex problems for the desk

·       Foster a collaborative and supportive environment by helping junior members of the team and encouraging them to grow their experience

How You’ll Lead

·       Clear communication with Trading, Risk and Valuation Control, Research, and Technology

·       Team-oriented, attentive to detail, self-starting, enthusiastic work habits

·       Contribute to the strategic direction and evolution of the platform

Skills You’ll Need

·       Strong object-oriented programming skills in C++ / Python, or other object-oriented language, A background in computer science is a plus

·       Experience working on large scale software development projects in C++ and/or Python

·       Ability to multi-task different projects and prioritize in a fast-paced production environment partnered with Excellent written / verbal communication skills

·       Attention to detail and excellent problem solving & numerical skills

·       Strat/quant experience supporting a U.S. Treasury dealer desk strongly preferred

·       Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs

Skills That Will Help You Excel

• Exposure to electronic trading platforms, automated market-making, or execution analytics within Rates markets is beneficial

• Knowledge of interest rate derivatives products, risk and P&L, market data is a plus

• Academic background in Computer Science / Mathematics / Financial Engineering / Quantitative Finance

• Ability to work on both “back end” (analytics/pricing code) as well as “front end” (user-facing application / user interface (UI) code)

• An open mind and aspiration to use, learn, and extend a large codebase designed to solve complex business problems

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York City office in accordance with the Bank’s hybrid working model. 

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $155,000 to $252,500.  Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications.  Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees:  https://careers.db.com/life

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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.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.