Dash Job - Model Validation Specialist, VP - Deutsche Bank (UK)

:mega: Plotly Dash Skills: Build an automated test/analytics module and a monitoring tool for performance of trading algorithms and AI/ML models using Plotly Dash.

Company: Deutsche Bank

Title: Model Validation Specialist - VP

Category: Full time

Location: London, England (hybrid)

Experience: Entry level + PhD

Application: Link to apply

@OpenToWork


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 algo trading and AI/ML models.
  • 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 and senior management

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.
  • You have highly analytical skills, deep understanding of mathematical/statistical models and their implementation in finance.
  • 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 as a part of a larger 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 e.g. 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)