Quantitative Risk Analytics Expert (d/m/w)

Job Description :

Group Strategic Analytics (GSA) concentrates Deutsche Bank's quantitative and modelling expertise paired with change management capabilities within a single unit.

GSA takes a cross-business and cross-functional approach to solving analytics and quantitative modelling challenges and rolls out common development standards.

You will join the Non-Financial & PB Credit Risk Analytics unit within GSA, which is a team comprised of people with business, technology, and risk methodology experience.

The team's focus is to develop advanced analytics for all non-financial risk types as an enabler of pro-active risk management purposes.

It equally engages in similar work to support the private bank division model development in particular in relation to data sourcing for credit risk models covering the bank's retail businesses.

Your focus will be on the quantitative support for the sourcing of customer, transaction and workout data required to further enhance Deutsche Bank's credit risk measurement models and its parameters.

In the medium term, the role will further expert into supporting our PB businesses and Risk functions with optimised end-to-end risk management processes and advanced analytics.

Your experience allows you to take on responsibility for deliveries and be a mentor to less experienced colleagues.

Your key responsibilities

• You design effective algorithms to convert data from multiple Deutsche Bank systems into aggregate information required as input into the bank's credit risk model development processes
• You use your creativity to deliver the best possible outcome from the source data at hand to meet the internal and regulatory requirements for credit risk parameter calibrations as specified by the credit risk model developers
• You ensure your solutions are scalable and allow for a high level of automation and are modular enough so they can be re-used and reduce the effort and complexity for maintenance and the development of new features
• You verify model performance and ensure that modeling choices and assumptions are within the bounds of the bank's policies as well as regulatory requirements
• You safeguard the integrity of your work by embedding quality assurance controls and pro-actively propose ways to overcome and / or mitigate data driven deficiencies
• You document and explain model results and work with business contacts, risk managers and your GSA colleagues to continuously improve the risk management capabilities of the bank

Your skills and experiences

• Based on your university degree in mathematics, science or economics you have a solid quantitative background with extensive analytical experiences an innovative mindset and a hands-on mentality
• You have gained professional experience in a similar position when working at the interface between business and modelling
• You have experience in high-quality software development and have coded applications in Python and / or C++, database experience is a plus
• You have the ability to think through processes holistically, to detect and assess interdependencies and develop innovative and creative solutions
• You know how to effectively structure and prioritize your work and deliver high quality results
• Prior exposure to finance and knowledge about credit and / or operational risk modelling and / or capital methodology is a plus
• Proficient in English (spoken and written), German language skills beneficial

What we offer

We provide you with a comprehensive portfolio of benefits and offerings to support both, your private and professional needs :

Emotionally and mentally balanced

A positive mind helps us master the challenges of everyday life - both professionally and privately. We offer consultation in difficult life situations as well as mental health awareness trainings.

Physically thriving

We support you in staying physically fit through an offering to maintain personal health and a professional environment.

You can benefit from health check-ups; vaccination drives as well as advice on healthy living and nutrition.

Socially connected

Networking opens up new perspectives, helps us thrive professionally and personally as well as strengthens our self-confidence and well-being.

You can benefit from PME family service, FitnessCenter Job, flexible working (e.g parttime, hybrid working, job tandem) as well as an extensive culture of diversity, equity and inclusion.

Financially secure

We provide you with financial security not only during your active career but also for the future. You can benefit from offerings such as pension plans, banking services, company bicycle or "Deutschlandticket".

More information : Benefits&Wellbeing

Since our offerings slightly vary across locations, please contact your recruiter with specific questions.

This job is available in full and parttime.

In case of any recruitment related questions, please get in touch with Julia Lotze; Contact : Julia Lotze +49(0)171-5570161

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.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.