Junior Desk Strategist – Agency CMO & MBS Desk

Junior Desk Strategist – Agency CMO & MBS Desk

Corporate Title: Analyst

Location: New York, NY

Position Type: Full-Time

Position Overview

We are seeking a highly motivated and analytical Junior Desk Strategist to join our Agency CMO and MBS trading desk. The role offers a career opportunity in Agency MBS and CMO markets through market analysis, relative value idea generation, and risk assessment. You will work closely with the senior strategist, traders, and salespeople to identify market opportunities, evaluate risk/reward tradeoffs, and communicate market insights to internal and external clients.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model with in-office/work-from-home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups that support an inclusive workplace and promote community engagement
• Competitive compensation packages, including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
• Educational resources, matching gift, and volunteer programs

Skills You’ll Need

• Evaluate Agency MBS and CMO valuation drivers, including macroeconomic conditions, prepayments, supply/demand dynamics, and policy developments, to support desk positioning and investment idea generation
• Build and maintain data tools, datasets, models, and automation workflows to improve output quality, scalability, and turnaround time
• Partner with risk management, modeling, and technology teams to enhance desk analytics, improve infrastructure, and support strategic business initiatives
• Apply AI tools to accelerate and improve data workflows and enhance investment decision-making; communicate market views, relative value opportunities, and data findings to traders, salespeople, and clients

Skills That Will Help You Excel

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Engineering, Computer Science, or a related quantitative discipline
• Proficient experience in securitized products, fixed income, quantitative research, or a related data field
• Strong quantitative and investigative skills with the ability to evaluate complex market relationships and risk factors
• Proficiency in Python and Excel/VBA; experience with data analysis, automation, and quantitative modeling
• Familiarity with AI-assisted research and productivity tools, including the ability to leverage AI tools to enhance productivity and optimize workflows while applying critical judgment to ensure responsible and ethical use of data and AI outputs
• Strong written and verbal communication skills with the ability to convey complex ideas clearly and concisely

Expectations

Employees hired into this role are expected to work in the New York, NY office in accordance with the Bank’s hybrid working model.

Compensation

The salary range for this position in New York, NY is $110,000 to $125,000. Actual salaries may be based on factors including skill set, experience, education, work location, and other qualifications. Posted salary ranges do not include incentive compensation or other types of remuneration.

Deutsche Bank Benefits

Benefit programs are designed to support colleagues throughout their lives, including physical, emotional, and financial wellness benefits to help maintain financial security and balance work and home.