Valuations Specialist - AVP

Position Overview

In Scope of Position based Promotions (INTERNAL only)

Job Title: AVP - Valuations

Location: Mumbai, India

Role Description

Valuation Control is a specialist group within Market and Valuations Risk Management (MVRM) that manages a wide range of relevant risk and implementation topics to ensure integrity and control over all aspects of the valuation of the Bank's trading portfolios.

This includes:

• Performance of monthly and intra-month Independent Price Verification (IPV), Reserves and Prudential Capital
• Oversight and development of valuation, reserve and Prudential Capital methodologies
• Analysis and management of key valuation uncertainty issues through DB's senior management
• Review of bespoke derivative and structured financing trades
• Valuations works closely with its Risk Management partners, Finance, and Trading globally and employs a team extension model in Mumbai.

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that you'll enjoy,

• Best in class leave policy.
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Independent Price Verification and reserve calculations of products such as FX, Bonds, Loans, Swaps, Securitized Products, Derivatives (including Forwards, Options and CDS) etc.
• Report and provide analysis of pricing variance drivers, perform due diligence on the reliability of market data from multiple sources such as Bloomberg, Markit-Totem, brokers and other independent sources
• Ensure controls around processes such as completeness and accuracy, and adherence to key operating procedure
• Discuss IPV and reserving results with regional Valuation Teams, Desk and other stakeholders
• Be involved in ad-hoc projects / investigation requests from Stakeholders

Your skills and experience

• Ideally the candidate will have several years of experience within the valuation / Market Risk departments of a large investment bank with in-depth knowledge of Rates, Credit or Currency markets.
• Specific exposure to IPV, reserving, pricing and modelling aspects of valuation control of trading businesses is preferred.
• Good working knowledge of Excel, VBA and possibly Python, hands-on experience of market data providers including Reuters, Bloomberg, ISMA and Markit
• Good communication skills

How we'll support you

• Training and development to help you excel in your career.
• Coaching and support from experts in your team.
• A culture of continuous learning to aid progression.
• A range of flexible benefits that you can tailor to suit your needs.

About us and our teams

Please visit our company website for further information:

We strive for a in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.