Counterparty Credit Risk Methodology Strat
Deutsche Bank
London, 21 Moorfields
Full-Time
Competitive
RemoteExecutive
Job Title Counterparty Credit Risk Methodology Strat
Location London
Corporate Title Associate
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 Counterparty Credit Risk Methodology team within GSA, which is responsible for Deutsche Bank’s derivatives exposure engine to simulate exposure profiles for derivatives and securities financing transactions by applying regulatory approved simulation models. The simulated time profiles are the basis to calculate exposure metrics such as Expected Positive Exposure (EPE), Potential Future Exposure (PFE) and Average Expected Exposure (AEE) entering the Economic and Regulatory capital calculations for Counterparty Credit Risk. The team also works closely with Market Risk Management on Basel III projects such as Fundamental Review of the Trading Book (FRTB), Credit Valuation Adjustment (CVA) and Prudential Valuation adjustment (PVA) on X-Value Adjustment (XVA).
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. That’s why we are committed to providing an environment with your development and wellbeing at its centre.
You can expect:
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
Your key responsibilities
Your skills and experience
Graduate degree (PhD or MSc) in a quantitative discipline
Demonstrable relevant industry experience in a similar role.
Ability to solve problems efficiently and effectively
Good background in financial mathematics, stochastic calculus, and familiarity with a mainstream programming language preferably Python.
Excellent interpersonal skills with the ability to collaborate and partner with various teams, and to be able to explain complex concepts effectively
How we’ll support you
Flexible working to assist you balance your personal priorities
Coaching and support from experts in your team
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)
About us
Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.
Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers.
If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on adjustmentsconcierge@db.com to discuss.
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.