Pricing Model Validation Lead - VP

Role Overview: As the Pricing Model Validation Lead - VP at Deutsche Bank in Mumbai, India, your primary responsibility will be to independently review and analyze derivative pricing models across Rates, FX, and Hybrids. You will collaborate with the pricing validation teams in London and Berlin to conduct validation testing, analyze mathematical models, and assess associated risks. Your role will involve engaging with key stakeholders such as Front Office Trading, Front Office Quants, Market Risk Managers, and Finance Controllers to discuss the outcomes of your reviews and analyses. Additionally, you will be responsible for managing team members, ensuring their knowledge, training, and communication meet the required standards. Key Responsibilities: - Independently review and analyze derivative pricing models for Rates, FX, and Hybrids - Collaborate with pricing validation teams in London and Berlin to conduct validation testing - Engage with key stakeholders to discuss outcomes and implications of reviews and analyses - Manage team members, ensuring their compliance with conduct expectations and quality standards Qualifications Required: - Academic degree in a quantitative discipline (e.g. Mathematical Finance/Statistics, Maths, Physics, Engineering) - Strong mathematical abilities with knowledge of Stochastic Calculus, Partial Differential Equations, Monte-Carlo Methods, Finite Difference Methods, and Numerical Algorithms - Experience in financial markets, especially derivative pricing - Proficiency in Python coding is advantageous - Excellent communication skills, both written and oral - Strong people management, stakeholder engagement, and quality assurance experience Additional Company Details: Deutsche Bank's Model Risk Management division is dedicated to actively managing model risk globally in alignment with the bank's risk appetite. The Pricing Model Validation team within Model Risk Management is responsible for independently reviewing and analyzing all derivative pricing models used for valuation and pricing across the bank. Deutsche Bank promotes a culture of empowerment, responsibility, commercial thinking, and collaboration among its employees. The company offers a range of flexible benefits, training and development opportunities, and coaching from experts to support career growth and progression. For more information, please visit Deutsche Bank's official website at https://www.db.com/company/company.htm.,