Job Description:
Job Title: Associate
Location: New York, NY
Overview
Deutsche Bank Securities, Inc. seeks an Associate in New York, NY to serve as a market maker by providing liquidity to clients in Credit Derivatives while building a client franchise to expand market share. Requires a Bachelor's degree in Finance, or related field, or equivalent, and two (2) years of experience executing complex credit derivatives transactions, including Credit Default Swaps (CDS) and Credit Default Swap Index (CDX); providing liquidity and pricing to institutional clients using real- time market data, quantitative pricing techniques including hazard-rate models, survival probability curves, and recovery assumptions, and risk analytics; analyzing market conditions, supply-demand dynamics, and trading flows to generate trade ideas and support client transactions; monitoring portfolio risk exposures and P&L drivers across multiple risk types, including spread risk, curve risk, jump risk, and index-to-constituent risk; conducting time-series analysis of credit spreads and index levels to identify trading opportunities and market regimes, leveraging Python and Merton pricing model; facilitating trade execution and identifying sources of liquidity to ensure efficient order fulfillment, minimize market impact, and optimize pricing; delivering market intelligence, pricing insights, and trade execution services to institutional clients; and conducting credit research and fundamental analysis on corporate issuers by evaluating financial statements, capital structures, industry conditions, and event-driven credit developments to assess default risk and determine relative value. Salary range: $150,000.00 - $170,000.00/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!
