Quant jobs / Deutsche Bank

Senior Risk Analyst – Model Validation (DWS)

A model validation role in the independent risk function of an asset manager. It reviews in-house and vendor valuation and risk models and reports findings to model owners.

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.

Validate risk and valuation models against regulation and internal policy
Write validation reports and findings for model owners
Build benchmark models and back-tests to challenge model assumptions
Review ongoing monitoring and track remediation
Guide junior validators

What they ask for

Required

Quantitative risk, model validation or development experience
Valuation or risk models across FX, rates and equities
Postgraduate-level quantitative education or equivalent
Python or C++ expertise
Valuation methods, portfolio theory and risk management
Strong technical writing

Preferred

R, SQL, SAS or MATLAB
Peer-reviewed or technical documentation experience

Education: Postgraduate degree in physics, maths, statistics, economics or engineering, or equivalent experience
Experience: Strong experience in quantitative risk, model validation or model development
Languages and tools: Python
C++
R
SQL
SAS
MATLAB
Markets: fx, fixed-income, equities

How to prepare

Write a validation report for a VaR or pricing model, including back-testing
Build an independent benchmark model in Python and compare results
Study model risk governance and typical regulatory expectations
Learn valuation and risk methods across FX, rates and equity

What to study

The Model Validation 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.