Quantitative Strategist – Credit Risk and Capital Strats

Job Title Quantitative Strategist – Credit Risk and Capital Strats

Location London

Corporate Title Vice President

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 work on designing and implementing large scale calculations (including methodology) of X-Value Adjustment (XVA) measures (e.g. Shareholder-Value Adjustment (VA)/Capital-VA/Margin-VA/Funding-VA/Credit-VA/Collateral-VA) for the cross-asset derivative portfolio of the Investment Bank and work together with Exotics trading desks and Financial Resource management (FRM) desk as well as Sales and Structuring globally to optimise the bank’s capital / financial resource usage and manage its counterparty credit risk. 

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 Hybrid Working 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

• Designing and implementing scalable cross-asset XVA calculations and integrated pre-deal pricing capabilities within the Bank’s strategic valuation and analytics platform
• Supporting business requests, in terms of both new XVA modelling & market data calibration, product coverage, automation and ad-hoc pre-deal pricing and FRM optimisation
• Expanding pre-deal pricing capabilities for XVA, funding and capital-based pricing for Trading, Sales and Structuring globally
• Ensuring the smooth operation of the franchise, in terms of daily production of accurate and timely risk and Profit and Loss (P&L) figures
• Dealing with multiple stakeholders, from trading, structuring, sales to treasury, finance, market and credit risk teams

Your skills and experience

• Educated to Masters degree level or PhD in a quantitative subject
• Strong understanding of pricing and risk of derivative products across Rates, Foreign exchange (FX), Credit and Commodities businesses
• Strong computing and programming skills and experience within a financial services environment, utilizing programming languages such as C++ and Python.
• Work experience as a quant developer on a XVA or Exotics trading desk is a plus
• Developer experience with large-scale front office grid pricing engines/stack is a plus
• 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

• 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
• 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 have been named The Times Top 50 Employers for Gender Equality 2025 for six consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on [email protected] to discuss how we can best support you. Alternatively, you can share your phone number, and a member of the team will be happy to call you to talk through your specific requirements.

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.