Valuations Senior Specialist, AVP

Deutsche Bank; Mumbai Suburban; On-site; INR 4,000,000 - 5,500,000; Full time

Benefits offered by this job

Leave policy

Parental leaves (gender neutral)

Child care assistance

Flexible working arrangements

Certifications sponsorship

Employee Assistance Program

Health insurance

Life insurance

Health screening for 35+

Job summary

Deutsche Bank in Mumbai seeks a Valuations Senior Specialist AVP to lead IPV, FVA reserves and valuation controls across bonds, loans and derivatives. You will automate processes, validate market data, and partner with product control and risk teams to ensure robust valuation outcomes.

Ideal candidates have extensive valuation risk experience, strong Excel/VBA/Python skills, and familiarity with Reuters/Bloomberg data in a global bank setting.

Qualifications

• Several years of experience in Valuation / Market Risk in a large investment bank.
• Exposure to IPV, reserving, pricing and modelling for valuation control.
• Strong Excel, VBA, Python; familiarity with market data providers such as Reuters and Bloomberg.

Responsibilities

• Perform IPV, FVA reserves, fair value levelling, Day1 PNL assessment and Prudential valuations.
• Calculate Pruvals for Bonds, Loans, Swaps, Derivatives and related products.
• Report pricing variance drivers and test data reliability from multiple sources.
• Own processes and models; implement improvements after stakeholder consultation.
• Automate manual steps; coordinate with CTB to increase efficiency.
• Engage with product control, risk management and quantitative teams on valuation issues.
• Maintain controls around processes and update SOP/KOP documents.

Skills

Excel

VBA

Python

Communication skills

AI tools for productivity

Tools

Reuters

Bloomberg

Markit Totem

ISMA

Job description

Job Description

Job Title: Valuations Senior Specialist, AVP

Location: Mumbai, India

Role Description

Valuation Control is a specialist group within Market and Valuations Risk Management (MVRM) that manages a wide range of relevant risk and implementation topics to ensure integrity and control over all aspects of the valuation of the Bank's trading portfolios.

This includes:

• Performance of monthly and intra-month Independent Price Verification (IPV), Reserves and Prudential Capital
• Oversight and development of valuation, reserve and Prudential Capital methodologies
• Analysis and management of key valuation uncertainty issues through DB's senior management
• Review of bespoke derivative and structured financing trades

Valuations works closely with its Risk Management partners, Finance, and Trading globally and employs a team extension model in Mumbai.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy:

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under child care assistance benefit (gender neutral)
• Flexible working arrangements
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

Perform the IPV( Independent Price Verification), Fair Value adjustments (FVA reserves), Fair Value Hierarchy levelling, Day1 PNL assessment, Prudential Valuations (Pruvals) calculations of products such as Bonds, Loans, Swaps, Securitized Products, Derivatives (including Forwards, Options and CDS), FX, IR Swaps, Swaption, Inflation Swaps, Inflation Options, other Interest Rates products 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 and other independent sources.

Take ownership of the process and models, thoroughly understand the underlying financial and mathematical concepts, and make change / improvements, in consultation with other stakeholders, if situation warrants.

Increase the process efficiency by automating manual steps in the processes. Co-ordinate with CTB to increase efficiency.

Develop strong relationships with product control, risk management and quantitative departments on valuation and modeling issues.

Ensure controls around processes such as completeness and accuracy, and adherence to key operating procedure.

Discuss IPV, FVA reserves, Levelling and Prudential Valuations results with regional Valuation Teams, Desk and other stakeholders.

Be involved in Strategic, Tactical/ad-hoc projects / investigation requests from Stakeholders.

Ensure proper back-ups are created and assist other teams during contingencies (Staff shortage, high volumes etc). Create / modify / update the supporting documentation like KOP/SOP etc.

Your skills and experience

Ideally the candidate will have several years of experience within the Valuation / Market Risk departments of a large investment bank with in-depth knowledge of Credit, Rates, or Currency markets.

Specific exposure to IPV, reserving, pricing and modelling aspects of valuation control of trading businesses is preferred.

Good working knowledge of Excel, VBA and possibly Python, hands‑on experience of market data providers including Reuters, Bloomberg, ISMA and Markit.

Good communication skills.

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

• 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.html

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.