Trader

About the role

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.
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• 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.