Job Description:
Job Title
Model Validation Manager
Location
London
Corporate Title
Vice President
The Model Risk Management (MoRM) team provides independent oversight and governance of model analytics and their implementation into the risk architecture that drive valuation, risk and stress results. The algorithmic trading model validation team is responsible for the independent review and validation of models used within bank's algorithmic trading business across all asset classes.
In the role you will independently review, analyse, validate and generate reports on a wide range of models in the bank's algo trading activities. As part of your role, you will be involved in innovative projects of building an automated test/analytics module and a monitoring tool for performance of trading algorithms and AI/ML models using open source tools (Jupyter notebook, Plotly/Dash).
What we'll offer you
A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its centre.
You can expect:
- Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
- Competitive salary and non-contributory pension
- 30 days' holiday plus bank holidays, with the option to purchase additional days
- Life Assurance and Private Healthcare for you and your family
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
- The opportunity to support a wide ranging CSR programme + 2 days' volunteering leave per year
Your key responsibilities
- Review, analyse and perform robust independent model validation for AI/ML and algo trading models.
- Active participation in technical training of junior team members and overseeing their model validation work.
- Perform model validation testing and derive conclusions leading to proper assessment of the model risk involved.
- The study the mathematical models used, implementation methods, products traded in these markets, and the associated risks.
- Present outcomes from reviews and studies in high quality reports to key model stakeholders, senior management and regulatory bodies
Your skills and experience
- PhD qualification in numerate subject such as Mathematics, Physics or computer science. Exceptionally strong candidates with MSc/MPhil post-graduate qualifications or equivalent work experience will also be considered.
- Experience in technical Model Validation team or Front Office Quant role - preferably in the AI/ML or algo trading space.
- You have highly analytical skills, deep understanding of mathematical/statistical models and their implementation in finance. Experience to most recent advances in AI is a bonus.
- Experience in scientific programming and data visualization in Python or R.
- You have a hands-on-approach, good communication skills, you are able to work independently and help leading a technical team
How we'll support you
- Training and development to help you excel in your career
- Flexible working to assist you balance your personal priorities Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- We value diversity and as an equal opportunities' employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)
About us
Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.
Deutsche Bank in the UK is proud to have been named a Times Top 50 Employer for Gender Equality for three consecutive years. Additionally, we have been awarded a Silver Award from Stonewall for two years running and named in their Top 100 Employers for 2023 for our work supporting LGBTQ+ inclusion.
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.