New

Quantitative Strategist - Credit Strats

Deutsche Bank
remote work
United States, New York, New York
60 Wall Street (Show on map)
Sep 25, 2024
Job Description: Job Title Quantitative Strategist - Credit Strats Corporate Title Vice President 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 software applications and reports to front office requirements and tight timescales. You will be a member of a small global development team but based on the trading floor in New York delivering coding solutions via the Firms Autobahn web platform and expected to take part in the entire software development, delivery and support lifecycle, often solely responsible for smaller project deliveries. 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. You will be comfortable interacting with everyone from front office trading and sales to middle office staff as well as IT infrastructure functions and will be required to often rapidly react to trader/sales/management demands delivering tactical solutions on tight deadlines. Our credit trading business is fully committed to technology as a key differentiator of performance and the partnership with quant strategists is seen as crucial to the future success of the desk. 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 decision support web applets and reports in collaboration with trading and sales people and their requirements and support those tools in person. The tools support 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 support 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 generally helping improve the core platform incrementally How You'll Lead The role requires daily interaction with traders and trading management to deliver to often compex requirements and tight timelines. The candidate will support a team of Credit Sales people day to day via the decision support systems 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 Experience working within a standard SDLC ideally based around git/bitbucket/JIRA or similar source control and productivity tools Real world data science experience preferably using diverse data sets to improve sales and trader processes and decision making Skills That Will Help You Excel Experience of credit markets and pricing/risk modelling, especially corporate bond markets PhD or Masters degree with any relevant specialization in optimization, machine learning, classification, timeseries analysis Genuine kdb+/q experience either devops 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, pregnancy, and/or religion. The salary range for this position in New York City is $180,000 to $250,000. 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 renumeration. Deutsche Bank Culture Our working culture is inclusive and embraces a variety of perspectives, insights and backgrounds to drive innovation. We build talented diverse teams and encourage our people to develop to their full potential. We pursue a working environment where everyone feels authentic and a sense of belonging. Talk to us about flexible work arrangements and other initiatives. We promote strong relationships and encourage high standards of performance and conduct. We welcome applications from people of all backgrounds and are committed to providing an inclusive, fair and equitable working environment. Visit Inside Deutsche Bank to discover more about our culture and values including Diversity, Equity & Inclusion, Leadership, Learning, the Future of Work and more. 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! The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice please email HR.Direct@DB.com. We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights ; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision . #LI-HYBRID 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. We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.