Details of the role and how it fits into the team
As the Head of Retail Bank Strategists, you will combine your expertise in quantitative analytics, modeling, pricing, and risk management with an understanding of the retail banking sector. You will build and apply quantitative methods, models and analytics to support the businesses of the Retail Bank to manage clients, resources, funding costs, and capital efficiency across a diverse portfolio of retail products including loans, mortgages, and deposits. You will play a critical role in driving alignment across Front Office, Treasury, Risk, and Finance for financial resource calculations, ultimately enhancing profitability and strategic decision-making.
Your key responsibilities
Pre-deal Pricing Strategy: Lead the development of mSVA methodology for pricing retail loan, mortgage, and deposit products. Drive integration with Retail Platforms and distribution channels, focusing on cost reduction through shared/strategic infrastructure
Funding & Funds Transfer Pricing (FTP): Model and manage funding costs and funds transfer pricing for retail products. Oversee the implementation of standard infrastructure for funding booking, reflecting all-in FTP rates globally, to reduce cost, operational risk, and enable granular profitability analysis
Liquidity Management: Develop, implement, and enhance liquidity models specifically for retail banking products, driving P&L improvements
Risk Management & Hedging: Generate and report End-of-Day (EOD) risk and P&L for retail banking books. Develop and implement hedge pricing and execution tools. Oversee regulatory stress testing (dEVE and dNII) for retail portfolios, driving cost reduction through decommissioning legacy systems and utilizing shared infrastructure for business-driven risk management
Capital Optimization: Design and implement analytical tools to review spot and forward capital needs, understand drivers of month-on-month RWA / Leverage changes, analyze historical default data, and project Credit Loss Provisions (CLPs). Partner with business to drive strategies to improve Return on Equity (ROE) and Shareholder Value Added (SVA) by proactively identifying capital drivers and managing business/product mix
Profitability Analysis: Develop robust capabilities to measure and analyze profitability and ROE at various levels (client segment, region, product, business) for retail banking. Leverage these insights to improve ROE and SVA and strategically steer client and product pricing
Business Expertise & Alignment: Provide deep business expertise in quantitative analytics, modeling, pricing, and risk management of retail loan, mortgage, and deposit portfolios. Drive alignment and collaboration across Front Office, Treasury, Risk, and Finance teams for all retail financial resource calculations
Your skills and experiences
Master's, PhD or equivalent qualification in Financial Engineering, Computer Science, Mathematics, Physics, or a similar highly quantitative field
Strong quantitative and analytical skills with a proven track record of applying them to complex financial problems
Strong computing and programming skills, with extensive experience in C++ and Python
Familiarity with funding or banking businesses and markets, with a strong understanding of retail banking products
Experience with interest rate risk or credit risk modeling, particularly within a retail context
Demonstrated experience with managing capital efficiency and understanding its drivers
Proven ability to lead and deliver complex projects, integrating technical solutions with business strategy
Strong English communication and presentation skills are required; German proficiency is a plus
What we offer
We provide you with a comprehensive portfolio of benefits and offerings to support both, your private and professional needs.
Emotionally and mentally balanced
A positive mind helps us master the challenges of everyday life – both professionally and privately. We offer consultation in difficult life situations as well as mental health awareness trainings.
Physically thriving
We support you in staying physically fit through an offering to maintain personal health and a professional environment. You can benefit from health check-ups; vaccination drives as well as advice on healthy living and nutrition.
Socially connected
Networking opens up new perspectives, helps us thrive professionally and personally as well as strengthens our self-confidence and well-being. You can benefit from PME family service, FitnessCenter Job, flexible working (e.g parttime, hybrid working, job tandem) as well as an extensive culture of diversity, equity and inclusion.
Financially secure
We provide you with financial security not only during your active career but also for the future. You can benefit from offerings such as pension plans, banking services, company bicycle or “Deutschlandticket”.
Since our offerings slightly vary across locations, please contact your recruiter with specific questions.
This job is available in full and parttime.
In case of any recruitment related questions, please get in touch with Anne-Marie Plaisant.
Contact Anne-Marie Plaisant: [email protected]
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.
