Quantitative Strategist – Credit

Job Description:

Job Title: Quantitative Strategist – Credit

Corporate Title: Director

Location: New York, NY

Overview

We are looking for a full-time quantitative credit strategist to work alongside Deutsche Bank’s US Flow Credit business, you will need to be a highly motivated self-starter and all-rounder being able to understand the relevant finance and the associated mathematics of the credit markets as well as being able to code production quality applications and reports to front office requirements and tight timescales. You will be a member of a global credit strat team, based on the trading floor in New York. You will work on a variety of development projects from sourcing, onboarding and cleaning crucial datasets to using this data for pre-trade relative value analysis along with many types of flow analysis increasingly using machine learning and natural language techniques to provide deeper insights and aid in strategic decision making.

Our credit trading business is fully committed to technology as a key differentiator of performance. The partnership with quant strategists is seen as crucial to the future success of the desk and so you will be comfortable interacting with anyone and everyone. This encompasses front office trading, sales, middle office staff, in addition to IT infrastructure functions. You will be required to often rapidly react to trader/sales/management demands delivering tactical solutions on tight deadlines.

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

• Design and build trading workflow and analytics in collaboration with trading and sales people and their requirements – the tools cover things like corporate bond flow matching, relative value trade ideas, client profitability analysis and more 

• Analyze desk and public transaction datasets to provide summary reports and find patterns and search for insights 

• Trading floor engagement for strategy applications along with quant support 

• Data is the core of everything, so sourcing, onboarding, cleansing and curating datasets to a subject matter expert level is essential 

• Take a full role in understanding the system, code reviews and helping improve the core platform incrementally 

How You’ll Lead

• The role requires daily interaction with traders and trading management to deliver to often complex requirements and tight timelines 

• The candidate will engage a team of Credit Sales people day to day via systems, tools and analytics the group builds and supports 

• The candidate will need to collaborate regularly with other colleagues in the Global Strategic Analytics group to build and develop integrated technical strat solutions as well as mentor and lead more junior strategist colleagues in the group 

Skills You’ll Need

• Evidence of math, hard science/engineering education and ability with a problem-solving mindset 

• Moderate relevant front office investment banking experience in technical / quant roles              

• Proficiency and provable production delivery in at least two of: C++/Java/Python/kdb+q/SQL/Javascript/html5/css 

Skills That Will Help You Excel

• Experience of credit markets and pricing/risk modelling, especially corporate bond markets 

• PhD or Master degree with any relevant specialization in optimization, machine learning, classification, timeseries analysis 

• Genuine kdb+/q experience either dev-ops or query/report building 

• Experience interacting with and managing requests from front office sales and trading staff 

• Experience and aptitude for presenting complex data stories in a form consumers immediately understand and can use 

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 $200,000 to $280,000.  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.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees:  https://careers.db.com/life

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We welcome applications from all people and promote a positive, fair and inclusive work environment.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.