Deutsche Bank Hiring Exotic Rates Associate - Mumbai

Job Description

Job Title: Exotic Rates Associate

Corporate Title: Associate

Role Overview

Deutsche Bank’s emerging markets business provides an integrated global product platform with extensive execution capabilities. The team focuses on making markets and delivering client solutions across a wide range of emerging market products including external debt, Credit Default Swaps (CDS), FX, rates, options, and complex cross‑market derivatives across multiple jurisdictions.

The Asia Local Markets Linear Trading business operates across multiple geographic locations and covers a full suite of ALM products, ranging from vanilla cash bonds and FX to customized structured products. The team supports institutional and corporate clients across Asia and other major trading hubs such as London and New York. At the DB CIB Centre, teams collaborate globally across areas including Structuring, Portfolio Management, Quantitative Analytics, Platforms, Sales and Trading Enablement, and Risk.

Key Responsibilities

• Run indicative pricing for EMTN products and perform ad hoc analytical tasks.
• Provide indicative pricing for exotic rate trades including cap/floor, PRDC, range accrual, periodic knock‑out, and related structures.
• Handle day‑to‑day book management activities such as option expiry reporting, risk and PnL monitoring, funding management, and coordination with strats and other teams for accurate reporting.
• Drive automation initiatives to improve efficiency in processes and workflows.
• Coordinate with settlement teams and other middle office functions for operational support.

Skills and Experience

• Good understanding of financial markets and financial products.
• Strong mathematical and quantitative abilities.
• Knowledge of derivative pricing concepts and option Greeks.
• Familiarity with Python and VBA is considered an advantage.
• Ability to work effectively in a fast‑paced environment with changing priorities.
• Strong analytical and problem‑solving capabilities with effective time management.

Benefits

• Comprehensive leave policy.
• Gender neutral parental leave benefits.
• Childcare assistance with full reimbursement support.
• Sponsorship for industry‑relevant certifications and education.
• Employee Assistance Program for employees and family members.
• Comprehensive hospitalization insurance for employees and dependents.
• Accident and term life insurance coverage.
• Health screening support for employees aged 35 and above.

Work Environment

The organization promotes a collaborative and inclusive workplace where employees are encouraged to take initiative, think commercially, and work together to deliver results. The culture emphasizes continuous learning, professional development, and support from experienced colleagues.