Job Title GSA/TMA Platform Engineering - Quantitative/ML Behavioral Modelling Engineer
Corporate Title Vice President
Location New York, NY
Deutsche Bank's Group Strategic Analytics organization provides analytical modelling and problem-solving solutions to the Lines of Business including the group's Treasury and Finance organizations. Models and the resulting analytics cover a wide range of risks drivers including Credit, Market, and liquidity risks and will be used to meet the needs of various functions - such as Capital Stress Testing (CCAR), Risk in the Banking Book, and Strategic Planning. We are actively seeking a Vice President (VP) for the New York, NY office with a strong financial engineering modelling, Machine Learning(ML), Data, and Systems Engineering background in the field of Statistical, Econometric and ML model development. The primary function of this role is to be a key creator of Analytical and Modelling functionality that use large amounts of Macro Economic and financial Markets data to help create Behavioral Models that forecast the revenues of various Capital Markets and Corporate banking businesses of the Bank.
The function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture, Deutsche Bank has been named 'Bank Risk Manager of the Year' by the leading publication risk.net for the second consecutive year (2020 & 2021).
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift and volunteer programs
What You'll Do
Become the subject matter expert on the functionality available in the infrastructure and become the go to person on any question on how a specific functionality works viz-a-viz behavioral models being developed, implemented, and deployed
Prepare clear functional Specification Documents that will provide peer modelers with an unambiguous view of the tools, methods, and statistical, econometric, or machine learning techniques being made available in the infrastructure for modelling
Help Group Strategic Analytics (GSA)/TMA's Platform Engineering team in subject matter interfacing with other GSA infrastructure, financial risk modeling, 2LoD control owners, and 3LoD audit teams across the Bank
Participate in the evolving discipline of capital planning, interest rate risk, and liquidity risk
Contribute to the design, implementation, and management of new strategic model estimation and behavioral modeling execution platforms
How You'll Lead
Build and maintain relationships across Deutsche Bank stakeholder organizations
Contribute to GSA/TMA leadership initiatives and firm-wide integration of GSA/TMA modeling activities
Skills You'll Need
Bachelor's degree with a quantitative concentration, e.g., applied statistics/mathematics, economics, computer science, operations research, etc. Advanced degree preferred
Strong financial engineering and/or statistical learning (ML) and econometrics background as applied to financial modeling and behavioral modeling (desirable)
Strong programming/coding skills using Python and R (C++ desirable). Hands on experience as well in designing and/or developing user interfaces using Python, Java, or similar languages. Well experienced in Git, Jira, and Linux as well
Experience working for Banking or Capital Markets at a top tier bank or consulting firm
Skills That Will Help You Excel
A good grasp of Data Engineering principles using large financial datasets, ML pipelines and ML operations. Excellent understanding of Software Development Life Cycle principles
Knowledge of and a strong interest in Deposit, Loan, Treasury, and asset and liability management (ALM) principles and relevant interdependencies; model governance and Model Development Life Cycle, and material model change management; OPM including back-testing, forward and backward stability, sensitivity analysis, scenario analysis, knowledge of GoM, regulatory stress testing frameworks such as CCAR, DFAST, ICAAP, and SR-11/7; exposure to MRIA remediation activities, materiality metrics, and model validation concepts like revalidation
It is the Bank's expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank's hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $180,000 to $250,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Values & Diversity
We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.
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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 authenti-cally 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!
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.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .