Quant Analyst

 

About The Role :: 

In Scope of Position based Promotions (INTERNAL only)

Job Title:Quant Analyst

Corporate Title:Associate

Location:Mumbai, India



Role Description

Group Strategic Analytics:

Analytics and technology are seen as central to all the main units of the bank, including Investment Bank, Corporate Bank and to Risk and Control functions.

The Strategic Analytics team combines expertise in quantitative analytics, modelling, pricing and risk management with deep understanding of system architecture and programming.

The primary output is a scalable and flexible Front Office pricing and risk management system with consistent interface to both the Middle Office and Back Office.

The consistency in analytics and the technology platform ensures that no arbitrage can exist between various parts of the Bank as well as rational allocation of constrained resources, including risk budget, balance sheet, funding, and capital.

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that youll enjoy

Best in class leave policy

Gender neutral parental leaves

100% reimbursement under childcare assistance benefit (gender neutral)

Sponsorship for Industry relevant certifications and education

Employee Assistance Program for you and your family members

Comprehensive Hospitalization Insurance for you and your dependents

Accident and Term life Insurance

Complementary Health screening for 35 yrs. and above

Your key responsibilities

Treasury Strat's

The candidate is required to work in collaboration with London/New York/Frankfurt team on various quantitative and regulatory driven projects.

Candidate is required to understand the business problem, gather information required for the implementation and provide an end-to-end optimized solution on a scalable platform.

Implementation of the project needs to be done in Python and C++ programming language.

Candidate should possess a very good English communication skill in order to coordinate and communicate their work effectively with various stakeholders spread across globe.

Role Responsibilities

Development of complex processes, framework or risk analysis as well as improvements

Implement, enhance and maintain existing framework to measure market risks across the bank

Understand and decipher business problem to convert into manageable smaller problem statements

Coordinate and gather information from various stakeholders for deeper understanding of the business

Design an automated solution which is optimized and scalable

Develop and design tables and databases required for the storage of the data

Develop applications/libraries for the implementation of the solution

Remediation of regulatory as well as external and internal findings against the MR HS models in line with the assigned tasks

Constant awareness and understanding of the key market risks taken by the business areas and communication to senior management and with ex

external stakeholders, challenge the business within assigned areas when required

Quality assurance (e.g. 4 eyes principle reviews)

Education/ Qualifications:

Strong educational background in Engineering/Science, Economics, Statistics or other numerate discipline preferably from good colleges in India e.g. IIT, NIT, ISI etc.

Good knowledge of financial instruments and markets across all asset classes

Knowledge of financial pricing models, risk models would be desirable

Experience with applied econometrics (Hypothesis testing, PCA, Linear/Non-Linear Regression etc) will be a plus

Certification courses like CFA/FRM/CQF

Your skills and experience

Competencies:

Programming Skills

At least 4 years experience in Python/C++ programming

Good knowledge of OOPs programming concepts ( Class, Pointers, Data structure stacks, queue)

Experience in pulling data from various Market data sources.

Independent handling and mitigating methodological or process weaknesses identified by regulators, auditors and internal model validation team

Strong communication skills and presentation ability with attention to detail

Good problem solving instincts and strong analytical skills

Personal characteristics:

Ability to work independently as well as flexibly within intra or inter-departmental groups.

Continuous advancement of own skills and knowledge

Can-Do attitude & Able to cope well under pressure and tight deadlines.

How we'll support you

Training and development to help you excel in your career.

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

Please visit our company website for further information:



https://www.db.com/company/company.htm

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.