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Quantitative Strategist - Credit - Associate

Deutsche Bank, New York, NY, United States


Job Title:

Quantitative Strategist – Credit

Corporate Title:

Associate

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 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

Assist with design and build of trading workflow, 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

Skills You’ll Need

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

Relevant front office investment banking experience in technical / quant roles

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

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

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 $110,000 to $163,000. 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.

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