Complex Trader

Job Title Complex Trader

Location London

Corporate Title Vice President

You will join our Cross Markets Solutions (CMS) Trading desk within the Global Emerging Markets (GEM) franchise operating at the intersection of flow and structured product across local rates FX and credit. As a VP Trader with a primary focus on distribution and risk management of investment products. You will manage and grow our Credit Linked Note (CLN) and repack businesspricing risktaking and scaling distribution to international investorswhile also supporting pricing and risk management in rates exotics and EM Currency Eurobond trading (supranational focus).

You will collaborate closely with Sales and Structuring to originate client flows manage daytoday risk and P&L and help scale a diverse Emerging Markets platform serving Central Eastern Europe Middle East and Africa (CEEMEA) clients and global buyers.

What well offer you

A healthy engaged and well-supported workforce are better equipped to do their best work and more importantly enjoy their lives inside and outside the workplace. Thats why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:

• Competitive salary and non-contributory pension

• 30 days holiday plus bank holidays with the option to purchase additional days

• Life Assurance and Private Healthcare for you and your family

• A range of flexible benefits including Retail Discounts a Bike4Work scheme and Gym benefits

• The opportunity to support a wide ranging CSR programme 2 days volunteering leave per year

Your key responsibilities

• Daily risk management of CLN/repack/EMTN books including hedging gamma management scenario analysis and P&L attribution

• Provide consistent pricing and marketmaking across CLNs EMTN repacks callables and other rates exotics

• Partner with Sales/Structuring to originate and distribute investment products (across CLN Repack EMTN) to international investors (including distributors) and onshore CEEMEA clients

• Oversee trade booking model selection/calibration and inventory; act as primary contact for Risk Legal and Control functions

• Coordinate with XVA Funding and Flow desks to optimise hedging collateral usage and balance sheet efficiency

• Ensure robust governance on documentation and adherence to regulatory conduct standards

Your skills and experience

• Experience in trading experience spanning flow and structured credit; handson background in CLNs repacks CDS and EM Currency Eurobonds; rates exotics experience a plus

• Strong understanding of CEEMEA local markets across rates FX and credit and how they interact in structured solutions

• Demonstrable risktaking with daily P&L ownership; proficient in hedging nonlinear risks and managing model risk

• Experience working with complex documentation bespoke structures and associated control frameworks

• Experience directly interacting with clients promoting trade ideas and originating flows

• Clear inclusive communication style and proven collaboration with Sales Structuring and Risk functions

How well support you

• Training and development to help you excel in your career

• Coaching and support from experienced practitioners across Emerging Markets

• A culture of continuous learning and progression

• Access to a world class FIC and Emerging Market platform with strengths in both structured and flow products.

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named The Times Top 50 Employers for Gender Equality 2025 for six consecutive years. Additionally we have been awarded a Gold Award from Stonewall and named in theirTop 100 Employers 2024 for our work supporting LGBTQ inclusion.

If you have a disability health condition or require any adjustments during the application process we encourage you to contact our Adjustments Concierge on to discuss how we can best support you. Alternatively you can share your phone number and a member of the team will be happy to call you to talk through your specific requirements.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly thinking commercially taking initiative and working collaboratively.