You will be part of The Model Risk Management (MoRM) team which provides independent oversight and governance of model analytics and their implementation into the risk architecture that drive valuation, risk, and stress results. 

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:

• Competitive salary and non-contributory pension
• 30 days’ holiday plus bank holidays, with the option to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year.

Your key responsibilities

• Review and analyse derivative models for price and risk of equity/funds and other pricing models
• Perform model validation testing and derive conclusions resulting in a proper assessment of the model risk involved
• Review and study the mathematical models used, implementation methods, products traded in these markets, and the associated risks
• Manage the model/products are implemented in a managed C++ library
• Present outcomes from reviews and studies to key model stakeholders including: Front Office Trading; Front Office Quants; Market Risk Managers; and Finance Controllers

Your skills and experience

• PhD qualification in numerate subject such as Mathematics, Physics. Strong candidates with other post-graduate qualifications (MSc) may also be considered
• Experience in Model Validation derivative pricing team or Front Office Quant role
• Excellent mathematical ability with an understanding of Stochastic Calculus, Partial Differential
• Equations, Monte-Carlo Methods, Finite Difference Methods, and Numerical Algorithms
• Understanding of derivative pricing models and exotic/structured products
• Experience coding in C++ and python in a managed codebase

How we’ll support you

• Training and development to help you excel in your career
• Flexible working to assist you balance your personal priorities
• 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

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.