Apprentice

Deutsche Bank

Mumbai

On-site

INR 200,000 - 280,000

Full time

14 days+

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Job summary

Deutsche Bank invites applications for a 12-month Apprentice role in Mumbai under India’s National Apprenticeship Training Scheme. The role focuses on valuation and risk, including IPV, data analysis, and controls, with broad exposure to global stakeholders.

The programme emphasizes on-the-job training, training and development, and exposure to a dynamic, international team in Valuation Risk. This apprenticeship carries no guaranteed permanent employment after completion.

Qualifications

Grad Degree in a numerate discipline (Maths/Statistics).
Good understanding of financial markets and products.
Strong communication skills and ability to articulate topics with global stakeholders.
Reliable team player with motivation to work in a dynamic, international and diverse environment.
Commitment to self-development and growth.
Experience with large datasets; MS Excel, MS Access, VBA, SQL; Python is a plus.

Responsibilities

Independent Price Verification & Reserve calculations for products (FX, Bonds, Loans, Swaps, Derivatives).
Report and analyze pricing variance drivers.
Due diligence on market data reliability from sources like Bloomberg, Markit-Totem, brokers and others.
Ensure controls around completeness, accuracy and procedures.
Discuss IPV and reserving results with regional teams and stakeholders.
Participate in ad-hoc projects or investigations.

Skills

Maths/Statistics

Financial markets understanding

Communication

Team player

Multitask

Python

SQL

Excel

VBA

Education

Numerate degree (Maths/Statistics)

Tools

MS Excel

MS Access

VBA

SQL

Python

Job description

Job Title: Apprentice Hiring for 2026-2027

About the programme:

This 12-month apprenticeship, under India's National Apprenticeship Training Scheme, provides valuable on-the-job training; Please note, there is no obligation for permanent employment with Deutsche Bank Group upon completion of the Apprenticeship Training tenure.

Role Description

This role is within Valuation Risk function in Mumbai and is responsible for appraising and providing valuation services for our organizations, as well as analyze products and parameters using a variety of metrics to ensure positions are properly marked to market.

Your key responsibilities

Independent Price Verification & Reserve calculations of products such as FX, Bonds, Loans, Swaps, Securitized Products, Derivatives (including Forwards, Options & 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 & other independent sources
Ensure controls around processes such as completeness and accuracy & adherence to key operating procedures
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

Grad Degree - Qualified in a numerate discipline (Maths/Statistics)
Good understanding of financial markets and products.
Good communication skills – ability to articulate and elaborate topics with global stakeholders
A reliable team player with the motivation to work in a dynamic, international and diverse environment.
A committed and motivated individual for self-development and growth
Basic experience in using large datasets with experience in relevant software packages, e.g. MS Excel, MS Access, VBA, and SQL. Experience with additional programming languages is a plus, e.g. Python.
Knowledge of coding in Python or VBA would be useful
Able to multi-task and deliver within deadlines
Able to work different shifts

Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

How we’ll support you