Quant jobs / Deutsche Bank

Junior Desk Strategist – Agency CMO and MBS

An analyst role on the agency CMO and MBS trading desk, supporting relative-value ideas, risk assessment and market analysis. It blends data tooling and Python with desk-facing communication.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Analyse prepayments, supply and demand and policy drivers for agency MBS and CMOs
Build and maintain datasets, models and automation for desk research
Generate relative-value ideas for traders and sales
Work with risk, modelling and technology teams on desk analytics
Present market views to internal and external clients

What they ask for

Required

Bachelor's in a quantitative discipline
Securitised products, fixed income or quantitative research exposure
Quantitative and investigative skills
Python and Excel/VBA for data work
Written and verbal communication

Preferred

AI-assisted research tool familiarity

Education: Bachelor's degree in finance, economics, maths, statistics, engineering, CS or similar
Experience: Entry to early career with some exposure to securitised products or quant data work
Languages and tools: Python
Excel
VBA
Markets: fixed-income

How to prepare

Learn agency MBS basics: pools, TBAs, prepayment speeds and CMO structures
Build a Python dashboard of prepayment and rate data with relative-value signals
Write a short desk-style market note on a mortgage spread move
Practise Excel/VBA automation alongside Python scripts

What to study

The Rates Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on Deutsche Bank’s site before applying: requirements, location and pay can change after we check them.

View the posting on Deutsche Bank’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Deutsche Bank and doesn’t handle applications.