Job
Description
:
In Scope of Position based Promotions (INTERNAL only)
Job TitleValuations Specialist - Vice President
Corporate TitleVice President
LocationMumbai, India
Role Description
The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture. Deutsche Bank has been named 'Bank Risk Manager of the Year' by the leading publication risk.NET for the second consecutive year (2020 & 2021).Valuation Control (VC) is part of our independent Risk function and sits within the Market and Valuations Risk Management (MVRM) group. The primary objectives of the VC team are to ensure the integrity and control over all aspects of the valuation of the bank's trading portfolios, act as an internal advisor and operate a center of excellence for valuation risk and methodology.
What well offer you
,100% reimbursement under childcare assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationAccident and Term life Insurance
Your key responsibilities
Oversight of monthly and intra-month Independent Price Verification (IPV), fair value reserves, prudent valuation across multiple asset classes with focus on Rates and Credit products.Oversight and review of the International Financial Reporting Standards (IFRS) observability framework applied to key significant transactions and the overall portfolio, both in relation to day1 Profit and loss (pnl) deferral and IFRS levelling.Partner with Change, Quant, developers, methodology and other team for Strategic Infrastructure roll out.Ensure all aspects of the valuation review and control process (including SOX sign -off) are adequately performed and evidenced based on internal and external requirements.Liaise with Trading, senior Finance management, Market Risk Management, internal/external audit and regulators on valuation issues as they arise.
Your skills and experience
Math(s), Sciences, Finance, Business, or other relevant degrees preferred. MS or higher education an advantage. Post graduate finance related qualification (i.e., CA, CFA or FRM) an advantage.Minimum of 8 years' experience in a valuation control, product control, risk management or front office (i.e., trading\structuring) role within a financial institute, investment bank or buy-side firm.Good knowledge of banking products such as fixed income, credit and FX products.Excellent organisational and communication skills, both written and verbal.Able to devise creative solutions to issues as they arise while maintaining a strategic perspective.Proficient in MS Excel, PowerPoint is required. Knowledge of programming languages, a plus.
How well support you
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About us and our teams
Please visit our company website for further information:https://www.db.com/company/company.ht
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.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.