Credit Solutions Asia - Trading Enabler- Associate Job in Mumbai at Deutsche Bank Group

Deutsche Bank is hiring for the role of Credit Solutions Asia - Trading Enabler-Associate!

Responsibilities of the Candidates:

• Performing data analysis and identifying potential trading opportunities/trading strategies
• Analyzing macroeconomic, fixed income, and residential real estate data and formulating trade structures and investment ideas for RMBS/ABS
• Providing risk management support, including risk analysis, modeling and hedging
• Scenario modelling for structured products
• Reporting and trade capture; analysis of hedging strategies and rule-based hedging
• Building advanced quantitative models and automation tools for pricing modeling of new structured trading transactions and adapting existing models to new trades/regulations/metrics
• Understanding legal covenants, termination triggers and other bespoke conditions for existing trades and providing inputs in the documentation of new trades in order to capture risks appropriately
• Fundamental credit analysis, cash-flow waterfall modeling of ABS / RMBS/ CLO and other securitized assets that the desk is trading (short or long term) or is sourcing funding
• Monitoring & explaining margin requirements; coordinating with the collateral management team on margin calls; provide technical insight in dispute
• Liaison with other FO desks in the bank: Flow Trading, ICG Sales, GCT Structuring, Treasury, as well as with infrastructure teams in the Bank involved in the trade lifecycle, including Risk and PnL, Middle Office, Finance, CMV, GVG, Transaction Services etc.
• Develop / enhance infrastructure for pricing and risk management; P&L flash, and risk analytics
• Monitor and manage funding requirements on existing trades
• Advanced modeling to allow correct capital requirement calculation for the structured products traded by the desk
• Performing data analysis and identifying potential trading opportunities/trading strategies
• Analyzing macroeconomic, fixed income, and residential real estate data and formulating trade structures and investment ideas for RMBS/ABS
• Helping desk in managing various risks (credit risk, interest rate risk, cross-currency risk, extension risk, asset-liability mismatch market risk, funding risk, etc.)
• Modeling of new structured trading transactions and adapting existing models to new regulations/metrics.
• Understanding legal covenants, termination triggers, and other bespoke conditions for existing trades and providing inputs in the documentation of new trades to capture risks appropriately.
• Direct market monitoring & market interaction through pricing debt instruments for risk & collateral purposes.

Requirements:

• Attention to detail
• Credit risk and interest rate risk knowledge (can be further developed on the desk)
• Understanding of bonds/RMBS/ABS/CDS/futures knowledge is a plus
• Desire to learn and curiosity about financial markets.