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Deutsche Bank

Trader

Deutsche Bank is hiring a Trader in New York, United States. It pays $200k-$308k a year and Level rates it ; you can apply on Deutsche Bank.

Level's read on this job

  • Little AI ●○○○ is how Level rates this role: aI is not part of the work.
  • The posting mentions Python, VBA and Bloomberg among its tools and skills.
  • Level classes it as a senior role.
  • Deutsche Bank has 1,100+ other open roles on Level.

AI in this role

Trader responsible for complex credit risk and derivatives, utilizing quantitative methods, statistical modeling, and financial data platforms.

PythonVBABloombergExcelIntex
machine-learningmonte-carlo-simulationeconometricslinear-regressionfinancial-modelingquantitative-analysis

Job Description:

Job Title: Trader

Location: New York, NY

Overview

Deutsche Bank Securities, Inc. seeks a Trader in New York, NY to trade and underwrite complex and illiquid credit risk as part of Global Financing and Credit Trading (GFCT) within the Credit Solutions business. Requires a Master’s degree in Finance, Financial Engineering, or a related field or equivalent and three (3) years of experience developing hedging strategies and managing risk for highly complex, non linear derivative portfolios; designing and validating financial models in Excel and utilizing financial data platforms including Bloomberg to analyze asset performance and provide market trend analysis; leveraging analytical tools, including VBA and Python, to analyze large datasets for pricing validation and ongoing risk monitoring; pricing repo, swap, structured credit, and hybrid derivative products using Bloomberg, Python, and valuation models, including Discounted Cash Flow, and Black-Scholes Derivative Pricing Model; utilizing Machine Learning techniques, Monte Carlo Simulation, Financial Time Series analysis, Optimization methods, Econometrics, and Linear Regression to analyze client portfolios and quotes and optimize internal funding costs and capital charges; utilizing Python DataFrames and analytical libraries for data processing and quantitative analysis and integrating Bloomberg APIs, Bloomberg Bond and Swap Pricers, and Intex platforms for valuation and cash flow modeling; structuring complex transactions, including Funding Agreement Backed Repos, Total Return Swaps, Energy Prepaid Transactions with Muni and other repo or reverse repo structures, including collateral swaps and tenor swaps; pricing and executing trades via broker markets and electronic platforms; building detailed cash flow financial models across a broad range of securities, including IRS, CCS, CDS, TRS, CLOs, ABS, RMBS, CMBS, loan portfolios, and repo transactions; analyzing Basel III framework and bank balance sheet mechanics to support capital optimization and regulatory compliance; and working with Depository Trust Company (DTC) and Euroclear settlement processes for repo transactions. Salary range: $200,000.00 - $307,500.00/year. This position is eligible for Deutsche Bank's Employee Referral Incentive Program.

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!

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.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view "Deutsche Bank’s Equal Opportunity Policy Statement" and the following notices: "EEOC Know Your Rights"; "Employee Rights and Responsibilities under the Family and Medical Leave Act"; and "Employee Polygraph Protection Act".

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.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.

How we rate this

Trader at Deutsche Bank rates 10 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Machine learningMonte Carlo SimulationEconometricsLinear RegressionFinancial ModelingQuantitative AnalysisPythonVBA

Questions you could be asked

  1. Tell me about a project where machine learning was part of your work. What did you do?
  2. Tell me about a project where monte carlo simulation was part of your work. What did you do?
  3. Tell me about a project where econometrics was part of your work. What did you do?
  4. Tell me about a project where linear regression was part of your work. What did you do?
  5. Tell me about a project where financial modeling was part of your work. What did you do?

Adapt your resume

  • List these exact terms on your resume: Machine learning, Monte Carlo Simulation, Econometrics, Linear Regression, and Financial Modeling. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

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