Position Overview
Job Title Corporate and Private Bank Strat
Corporate Title Associate
Location New York, NY
Overview
Deutsche Bank is Germany’s leading bank with strong positions in Europe and significant presence in the Americas and Asia Pacific. We’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritizing long-term success over short-term gains, and serving society with ambition and integrity. Deutsche Bank serves clients’ real economic needs in commercial and investment banking, retail banking and transaction banking, and provide ground-breaking products and services in asset and wealth management. That means a career packed with opportunities to grow and the chance to shape the future of our clients.
Strats combine expertise in quantitative analytics, modelling, pricing, and risk management with deep understanding of system architecture and programming, Their primary output is a scalable and flexible Front Office pricing and risk management system, The technology platform underlies the trading functions of the Bank as well as management processes around the rational allocation of constrained resources, management of funding costs and capital efficiency programs.
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
- Modelling and managing funding costs and funds transfer pricing, moving to a portfolio funding model
- Pricing deposits and loans based on funding costs and capital hurdles
- Design incentive structures for businesses around financial resource consumption, allocation, and capital optimisation
- Drive alignment across Front Office, Credit Risk Management, and Finance for financial resource calculations
- Assist in building and calibrating credit risk capital models using historical default and recovery data
- Provide trading desks expertise in quantitative analytics, modelling, pricing, and management of loan and mortgage portfolios
Skills You’ll Need
- Strong quantitative and analytical skills
- Strong computing and programming skills, including C++ and Python experience
Skills That Will Help You Excel
- Familiarity with funding or banking businesses and markets
- Experience with interest rate risk or credit risk modelling
- Experience with managing capital efficiency
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 $135,000 to $175,000. 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.
