Junior Algorithmic Specialist
A Passion to Perform. It's what drives us. More than a claim, this describes the way we do business. We're committed to being the best financial services provider in the world, balancing passion with precision to deliver superior solutions for our clients. This is made possible by our people: agile minds, able to see beyond the obvious and act effectively in an ever-changing global business landscape. As you'll discover, our culture supports this. Diverse, international and shaped by a variety of different perspectives, we're driven by a shared sense of purpose. At every level agile thinking is nurtured. And at every level agile minds are rewarded with competitive pay, support and opportunities to excel.
Job Title: Junior Algorithmic Specialist
Corporate Title: Analyst
Department: Global Technology
Location: London
Overview:
Finance GT Algorithmic Solutions (AlgoS) team is the centre of competence for credit risk and regulatory processes within Deutsche Bank. Its core tasks include providing credit risk and regulatory advisory, calculation, analysis and interpretation of DB Groups credit and other regulatory exposures, preparation and distribution of internal and external reporting, transformation of internal and external requirements into optimised risk engines.
The AlgoS team is a specialist function in GT. AlgoS is the owner of the financial algorithms to evaluate regulatory credit and market risk measures, most notably Basel Risk Weighted Assets (RWA) under both, Basel 2 and Basel 3, Economic Capital (EC), Expected Loss and General Value Adjustments (EL/GVA), Large Loan Exposures under CRD4 and US OCC regulation. Key Responsibilities:
Facilitator of successful change
Understanding regulation and amendments to it
Discussion with stakeholders and facilitators like risk, business, RPAG, GCR, FD, GT, etc. Identification of data owner and sources.
Design algorithm and processes.
Building prototypes.
Performing of impact and test calculations. Compile BRD and documentation.
Design and write algorithms in a bespoke AlgoS business language, from which machine generated code is automatically created.
Continue to enhance the underlying generative programming framework.
Facilitate creation of FDD, TDD and actual technical build, in direct cooperation with GT A/S. Includes testing of the change.
Run algorithmic book of work, face off Finance and GT change functions, and ensure successful build of solution.
Ad hoc analytic services for senior stakeholders on very special topics, e.g. data mining, driver analysis, What-If, etc.
Take ownership and contribute to the successful and excellent delivery of the AlgoS core services listed above.
The teams' primary AlgoS external contacts are with RPAG (Regulatory Policy Advisory) Group Finance Change Functions, RISK MRM and RAI, GT (Group Technology), internal and external auditors
Continuous enhancements to existing regulatory framework (e.g. new deals, validation, etc)
Basel 3 (revised counterparty credit risk, central counterparty exposures, credit value adjustments CVA, leverage ratios).
Regulatory COREP reporting framework.
New Finance risk architecture STRIDE (e.g. data model, interfaces, etc)
A revised modularized and documented algorithmic framework which makes use of generative programming
You will have:
Engineer mindset (curiosity, desire to change things, to design shape processes, and to make projects happen)
Strong quantitative background
Academic/ BA/ Master grade in natural sciences, mathematics or economics
Proactive and open work attitude
Work autonomously as well as in team
Fluency in business English
Proficiency in MS Office Professional
Experience in, or exposure to scientific, technical or general programming (e.g. SAS, SQL, Perl, S/R/Mathematica, etc)
Exposure to credit risk measures and regulatory issues, preferably in a bank.
Exposure to a bank, controlling or risk management environment, preferably in a bank..
International working experience, preferably in a bank.
You will be:
A self starter
Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.
Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter. 
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