IB – Flow Rates Trader – Analyst/Associate

Details of the Division and Team:   

Deutsche Bank Global Markets is one of the world’s leading investment banks, with more top three rankings by market share than any of our peers. The Emerging Markets business (EM) is a leading, fully integrated and global product platform with unrivalled breadth and superior execution capabilities. EM’s global presence and fully diversified product offering has allowed it to become a leading player across multiple products / geographies.

The Central Eastern Europe Middle East & Africa (CEEMEA) Fixed Income desk acts as a market maker providing clients with access to local markets through three strategies: (1) Fixed Income/Rates/Money Markets, (2) Foreign Exchange and (3) Cross Border.

The client base is a mix of CEEMEA clients who wish to gain exposure to the local markets as either investment opportunities or as part of their multinational operations that require hedging solutions.

What we will offer you:

We strive to create a work environment where we embed health and well-being at the heart of what we offer to support a sustainable performance culture.

You can expect:

• To gain global exposure through working with some of the most talented people in the financial industry
• To experience a culture where ambition and talent is met with opportunity, and everyone feels welcomed, accepted, respected, listened to and treated fairly in order to contribute and grow.
• To work in an environment that embraces change, strives for innovation and recognises the power of collaboration.
• A degree of flexibility

Key Responsibilities

• Pricing, trading and risk managing a South African money market and secured lending book
• Providing back up pricing on the Government bond trading book
• You will be responsible for effective cash management and PnL generation from money market trades, repo trades FX spot trading and bond trading as you mature in the role.
• Responsible for developing and enhancing the CEEMEA electronic trading platform
• Analyzing market structure and the opportunities and threats there-in
• Managing financial risk and non-financial risks
• Responsible to ensure that all KYC requirements are adhered to and complied with for all clients of the desk
• Interacting with clients, sales and internal counterparties in other trading, coverage and structuring functions to increase market transparency and to generate new business
• Building a sustainable business and market share following the hubbing of these  businesses in London

Skills/Competency Requirements:

• At least 1-3 years’ experience in investment bank/financial services role with exposure to front office and trading
• A deep understanding of the asset class
• Requires Registered Bond Trader exams
• Advantage to have RPE bond and market money market exams as well as FX rules and regulations knowledge
• Strong desire to create PnL, take risk and manage risk
• Proven risk management skills
• Strong quantitative skills
• A deep understanding of capital and regulatory matters
• Excellent communication skills and strong interpersonal skills
• Able to understand and interpret market trends and identify, communicate and market trade ideas
• Able to work in a high paced environment under pressure

How we’ll support you:         

• A culture of continuous learning to aid progression
• A comprehensive learning Hub platform to support our employees in their personal and professional growth and development.
• Mental Health First Aiders can also be found in a growing number of locations across the organization.

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

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.