eFinancialCareers

• Company

  Deutsche Bank

• Location

  New York, NY, 10005

• Compensation

  competitive/ DOE

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  17 Nov 2009

• eFC Ref no

  587251

This is made possible by our people: agile minds, able to see beyond the obvious and act effectively in an ever-changing global business landscape.   As you’ll discover, our culture supports this. Diverse, international and shaped by a variety of different perspectives, we’re driven by a shared sense of purpose. At every level agile thinking is nurtured. And at every level agile minds are rewarded with competitive pay, support and opportunities to excel.

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 80,456 employees in 72 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

About Legal, Risk and Capital

Deutsche Bank is exposed to a wide range of risks every day which can impact its reputation and capital. Legal Risk & Capital (LRC) is recognized as a market leader in the risk management industry to guard against such exposures. LRC manages all aspects of risks, such as credit loss, volatility of market prices, operational failures, liquidity shortages, regulatory and legal matters. All risks are managed from the analysis of counterparty credit risk and the stress-testing of market movements, to the protection of the Bank’s infrastructure and information. The major risks that Deutsche Bank faces are managed by different areas within LRC. These include the Chief Operating Office, Compliance, Corporate Security & Business Continuity, Credit Risk Management, Investment Risk Management, Legal, Operational Risk Management, Market Risk Management, and Treasury & Capital Management

Quantitative Portfolio Analyst – Quantitative Market Risk R&D - VP

*PhD Required*

The majority of the team’s work is project-based research. We need to efficiently solve the problems brought to the group, drawing on a range of experience and contacts across the bank, and in particular working closely with the risk managers and model validation staff.

Responsibilities Include:

• Develops a clear understanding of the requirements of the project: communication with other interested parties is essential.

• Brings a breadth of experience (not necessarily financial) to bear on the problem.

• Works to solve the problem in a timely and efficient manner.

• Communicates the results to the risk managers, senior management, and other team members.

• On occasion it will be necessary to undertake urgent short-term research for senior management.

• Works with risk managers to advise them as to what to quantitative techniques and methodologies are available for their problem.

• May need to provide some support of previously produced solutions.

• Works with other members of QRD team to share skills.

• QRD is encouraged to support the improvement of MRM by recommending research projects in addition to those suggested by the risk managers.

• Identify risk methodologies which could be improved in collaboration with risk managers.

• Keep abreast of academic risk research, and how it might be applied to our business.

Skills Required:

• PhD in a quantitative discipline

• Excellent analytical skills.

• Good communicator of technical information to a range of audiences. 

• Strong project management skills, including good self time-management, motivation, attention to detail, pragmatism, and initiative.

• Solid mathematical skills including probability and statistics

• Excellent IT skills. Much of the analysis is done using Excel, with supplementary programming in VB, S-Plus, Perl (or others), as appropriate.

• Experience of quantitative project work is essential. 

• Real market experience, perhaps through trading, portfolio management etc., would be an advantage, but not necessary.

To apply, please visit the Deutsche Bank Careers Website at the link below

http://www.db.com/careers/en/4437.html

Please indicate how you heard of this opportunity in the How Sourced section.

*Deutsche Bank is an Equal Opportunity/Affirmative Action (M/F/D/V) employer