Details of the role and how it fits into the team

The Distressed Products Group (“DPG”) is part of the Investment Bank division of Deutsche Bank and a specialized unit within DB’s Global Credit Trading business. DPG is the pre-eminent market maker of loans and securities across the globe engaged in the trading, investment, structuring and provision of new financing to performing and non-performing companies and markets.

The desk primarily trades with large institutional investors. The traders are supported by an integrated desk analyst team which manages and analyses risks and positions the desk well for client demand.

The desk is looking for an experienced Director working as a Senior Desk Analyst who in addition to generating trade ideas and helping traders manage their risks will also manage the development of junior members of staff.

He/she will have direct contact with the traders, sales force, promote the franchise, run positions, and identify value through education in the various products, systems, and market practice.

Your key responsibilities

• Identification of dislocated / fundamentally-driven credit trading opportunities

• Credit analysis and cash flow modelling of potential or existing issuers / issues

• Credit documentation analysis

• Constant monitoring and management of existing book positions to avoid being invested in positions where we see downside risk

• Continuous internal communication to allow the team to manage risk in a timely and accurate fashion

• Develop desk franchise with key clients

• Interacting with legal advisors and financial advisors

• Managing junior members of staff

Your skills and experiences

• Degree in relevant field from an internationally renowned university

• Deep and comprehensive, 10+ yrs experience in finance and specifically Traded Credit

• Extensive knowledge of fundamental credit, credit liquidity, credit pricing, insolvency law and process

• Being detail oriented, naturally inquisitive, and consistently striving for self-education

• Displaying innovation as part of a market-leading team with the end goal of profitably positioned inventory and developing the business/franchise

• Team player with strong interpersonal skills and leadership personality who enjoys empowering others

• Fluent German and English

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”.

This job is available in full and parttime.

Since our offerings slightly vary across locations, please contact your recruiter with specific questions.

In case of any recruitment related questions, please get in touch with Stephanie Fritsch.

Contact: Stephanie Fritsch +49 69 9101-4005

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.