Market Risk and Portfolio Model Validation Specialist Deutsche Bank

2.0 - 6.0 years

0 Lacs

maharashtra

On-site

The Market Risk and Portfolio Model Validation Specialist position in Mumbai, India, within the Risk division at Deutsche Bank involves managing a wide range of risks including credit, market, and non-financial risks. As part of the Model Risk Management (MoRM) team, you will be responsible for independent model validation and managing model risk globally in alignment with Deutsche Bank's risk appetite. The teams are spread across Mumbai, Frankfurt, Berlin, London, and New York. In this role, you will focus on developing and maintaining a central modelling and validation service for all risk model types and methodologies. You will review and analyze Market Risk and Portfolio models such as VaR, ES, EC, RNIV, RNIEC, among others. Furthermore, you will understand the mathematical models and implementation methods, verify models and numerical schemes, and communicate outcomes with key stakeholders including risk managers, validation leads, and model development teams. To qualify for this position, you should be educated to Masters/Ph.D. level or equivalent in a quantitative subject like Mathematics, Physics, Quantitative Finance, or Quantitative Economics. Experience in model validation or development is preferred. Strong mathematical abilities, programming skills, and knowledge of financial products, derivatives, and related financial risks are essential. Excellent communication skills, both written and verbal, are required, along with the ability to author structured and concise validation reports. Proficiency in English is a must. Deutsche Bank offers a range of benefits including a leave policy, parental leaves, childcare assistance, sponsorship for certifications, employee assistance program, hospitalization insurance, life insurance, health screenings, training and development opportunities, coaching from experts, and a culture of continuous learning. At Deutsche Bank, we promote a positive, fair, and inclusive work environment where all individuals are welcome. We encourage collaboration, responsibility, commercial thinking, and taking initiative to excel together every day. Visit our company website for more information: https://www.db.com/company/company.htm. Join us at Deutsche Bank Group to share and celebrate the successes of our people.,

Posted 2 weeks ago

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