India Grad Program GSA

Job Title - Quantitative Strategist Analyst, AYST

Role Description:

The Quantitative Strategist (Quant Strat) is responsible for designing, developing and implementing through analytical (quantitative) and direct coding (e.g. via C++; Python or any other relevant application), quantitative strategic models, risk management (credit risk, market risk, anti-financial crime etc.) and pricing solutions to meet business & control needs and drive respective strategies or regulatory adherence. They use their domain knowledge and strong quantitative and coding expertise to contribute to the overall delivery of strategic initiatives within a business, control function, or a bank-wide program.  A Quant Strat may lead a specific work package/team, work independently, contribute to a specific part of a work package or be accountable for a wider program of work. The Quant Strat will work with stakeholders within the Quant Strat area as well as the overall program sponsor and various subject-matter experts across the bank.

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

• Independently validate mathematical, statistical, expert judgment and/or AI/ML models.
• Perform validation of the Ongoing Performance Monitoring metrics.
• Pro-actively assess the choice of the model with reference to the constraints at the data level.
• Assess the theoretical basis of the chosen model and its application to the modelled value.
• Assess the performance of the model against history and expected behaviour.
• Assess the on-going performance of the model, assuming it is an ongoing monitoring or periodic evaluation.
• Assess the quality of the documentation and the quality of the model vis-à-vis the minimum standards set forth by competent authorities.
• Set-up testing frames on analytical platforms like R, Python, C++ etc.
• Draft high quality validation reports as part of the validation exercise.
• Interact with senior stakeholders from business/infrastructure functions and the model developers.

Your skills and experience

• Post-graduate degree in banking, finance, economics, mathematics, accounting, engineering or business administration.
• Understanding of Risk (Credit and Operational) and overall Risk Framework in a financial institution.
• Knowledge of the workings of OTC derivative products (Rates, Credit, Equity, FX, Commodities) and markets.
• Strong analytical skills, knowledge of financial markets and economic/industry trends
• Knowledge of financial ratios, financial statement analysis, cash flow projections or project finance
• Excellent communication skills – ability to articulate technical and financial topics with global stakeholders
• A reliable team player with the motivation to work in a dynamic, international and diverse environment.
• A committed and motivated individual for self-development and growth
• Keen interest in various risk frameworks and how they are interconnected for bank’s capital
• Basic experience in using large datasets and excellent in MS Office (including Access, Excel, PowerPoint and Word knowledge); other IT skillsets like VBA, Python are useful
• Able to multi-task and deliver under tight deadlines

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:

https://www.db.com/company/company.htm

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.