Quantitative Strategist Associate

In Scope of Position based Promotions (INTERNAL only)

Job Title: Quantitative Strategist Associate

Location: Mumbai, India

Role Description

• The Strategic Production and Analytics of Risk function within Group Strategic Analytics is principally responsible for daily analysis and control of various market risk metrics onboarded to bank's strategic platforms.
• The role involves analysis of various market risk metrics including VaR / SVaR, Economic Capital, Market Risk CCAR, charges under Standardised Approach, IMA Approach (Default Risk Charge and Risk Theoretical PnL) and Credit Valuation Adjustment (CVA) under FRTB regulations.
• You will work with Market Risk Managers, FO Quants, Risk Methodology experts to enable accurate risk measurement and help set up processes for BAU implementation.
• This role also involves performing controls and checks to ensure completeness and accuracy of risk metric.
• The role requires application of qualitative and quantitative techniques to analyse the data and a deep understanding of Market Risk Regulation.

Group Strategic Analytics

• Analytics and technology are seen as central to all the main units of the bank, including Investment Bank, Corporate Bank and to Risk and Control functions.
• The Strategic Analytics team combines expertise in quantitative analytics, modelling, pricing and risk management with deep understanding of system architecture and programming.  
• The primary output is a scalable and flexible Front Office pricing and risk management system with consistent interface to both the Middle Office and Back Office.
• The consistency in analytics and the technology platform ensures that no arbitrage can exist between various parts of the Bank as well as rational allocation of constrained resources, including risk budget, balance sheet, funding, and capital. 

Our People

• Our people are outstanding individuals with agile minds, from a diverse range of backgrounds and cultures.
• They generate fresh ideas and innovative solutions which set us apart from our competitors and add value to our clients.

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that you'll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Run all production process and controls to check completeness, accuracy and timeliness for Market risk metrics like VaR/SVaR, Economic Capital, FRTB CVA, FRTB SA and FRTB IMA (DRC and RTPL) numbers.
• Finalize the market risk metric in scope and explain drivers of moves including support with complex analysis, evaluation and decision making.
• Identify and remediate exceptions that are raised during metric 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 / improve risk management models / drive business decisions.
• Contribute to methodological enhancements, including quantitative impact analysis. Applying experience and subject matter expertise to perform Run-the-bank tasks such as market risk capital 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
• Prepare for model governance and Regulatory review process
• Help specify requirements and test functionalities for seamless implementation of new workflow/data/process enhancements - coordinating with Strats, FO and Risk Technology

Your skills and experience

• A strong, relevant background and 7+ 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 Market Risk Regulatory areas
• MFE/MBA in Finance or relevant experience with Engineering, Finance or quantitative/statistics background
• Knowledge of languages such as R / Python / SQL.
• Excellent communication skills and attention to detail
• Strong analytical, problem solving and critical thinking skills with ability to cope well under pressure and tight timelines
• A track record of working in a CTB (Projects) and RTB (Production) environment simultaneously
• Certification such as FRM or CFA or CQF is preferred

How we'll support you

• Training and development to help you excel in your career
• 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

About us and our teams

Please visit our company website for further information:

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.