Quant Trader - Electronic Trading of Municipal Bonds at Deutsche Bank

Compensation

$200,000 – $485,000/yr

Setup: Hybrid
Location: New York, New York
Type: Full-time

Description

Deutsche Bank is seeking a Senior Quantitative Researcher specializing in automated electronic trading of Municipal Bonds. This role involves developing and implementing algorithms for pricing, trading, and hedging strategies in both customer and interdealer markets. The successful candidate will contribute to quantitative data analysis, model building, and optimization of pricing and risk management, ensuring compliance with regulatory requirements.

Required Skills

Quantitative Analysis
Trading
Research
Pricing
Risk Management
Algorithm Design and Implementation
Data Analysis
Model Building
Optimization
Compliance
Regulatory Aspects
Communication
Presentational Skills
Computing and Programming Skills
Programming Languages (KDB/q, Python/R)
Algo Coding Skills (Java/C++)

Additional Information

Required Previous Experiences: Experience in automated market making in flow products.
Domain-specific knowledge in Municipal bonds.
Experience in UST bonds and government bond futures and understanding of the institutional bond market.
Good understanding of cross-asset cash and derivative products, across markets, and skills to solve complex business problems.
Preferred Qualifications: Relevant analytical and numerate education such as a Bachelor of Science (BSc)/Master of Science (MSc)/Doctor of Philosophy Degree (PhD) or the equivalent work experience or qualifications.
Experience in municipal bonds and municipal derivatives and understanding of the institutional bond market.
Excellent presentational skills.