Apprentice Hiring

Deutsche Bank; Mumbai; On-site; INR 200,000 - 280,000; Full time

Job summary

Deutsche Bank is offering a 12-month Apprentice position in Mumbai under India's National Apprenticeship Training Scheme. The role focuses on valuation risk, performing IPV and reserve calculations across a range of financial products, and analyzing market data.

You will engage with global stakeholders, manage large datasets, and support ad-hoc projects. Applicants should have a numerate degree and a basic understanding of financial markets, with strong communication skills and a collaborative

Qualifications

• Grad Degree in a numerate discipline (Maths/Statistics)
• Good understanding of financial markets and products
• Strong communication to articulate topics with global stakeholders
• Team-oriented in a dynamic, international environment
• Basic experience with large datasets and MS Office (Excel/Access) and SQL; Python a plus

Responsibilities

• Independent Price Verification & Reserve calculations for products (FX, Bonds, Loans, Swaps, Derivatives)
• Report and analyse pricing variance drivers
• Due diligence on market data from sources like Bloomberg, Markit-Totem, brokers
• Ensure controls around completeness and accuracy of procedures
• Discuss IPV and reserving results with Valuation Teams and stakeholders
• Contribute to ad-hoc projects and investigations

Skills

Financial markets

Communication skills

Team player

Multitasking

Self-development

Education

Numerate degree (Maths/Statistics)

Tools

MS Excel

MS Access

VBA

SQL

Python

Job description

Job Title: Apprentice Hiring for 2026- 2027

Location: Mumbai, India

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

The primary responsibilities will be around below areas:

• 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 deadlinesAble 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 well 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.

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm