Valuations Specialist - Vice President

Deutsche Bank; Mumbai; On-site; INR 1,800,000 - 2,400,000; Full time

Benefits offered by this job

Leave policy

Parental leaves

Certifications sponsorship

Employee assistance program

Hospitalization insurance

Accident and life insurance

Health screening

Job summary

Deutsche Bank is seeking an experienced valuation control professional in Mumbai to oversee IPV, fair value reserves, and prudent valuation across asset classes, with emphasis on rates and credit products. The role partners with Change, Quant, and development teams to deliver infrastructure and ensure IFRS compliance and SOX controls.

The successful candidate will have 8+ years in valuation control or related risk roles, strong Excel/PowerPoint skills, and a background in finance or mathematics.

Qualifications

• Bachelor's or higher in Finance, Math, Science or Business.
• MS or higher education is an advantage.
• Post graduate finance qualification (CA/CFA/FRM) is an advantage.
• Minimum 8 years' experience in valuation control, product control, risk management or front office in a financial institution.
• Solid knowledge of fixed income, credit and FX products; strong communication skills.

Responsibilities

• Oversight of IPV, fair value reserves, prudent valuation across asset classes with focus on Rates and Credit.
• Review IFRS observability framework for significant transactions and pnl deferral.
• Partner with Change, Quant, developers and methodology teams for Infrastructure rollout.
• Ensure valuation review and SOX sign-off are performed with evidence-based processes.
• Liaise with Trading, finance management, Market Risk, auditors and regulators on valuation issues.

Skills

Valuation knowledge

IFRS knowledge

SOX awareness

MS Office proficiency

Communication

Education

Bachelor's in Finance/Math/Science/Business

MS or higher

CA/CFA/FRM

Tools

MS Excel

PowerPoint

Programming languages

Job 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 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
• 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

• 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 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.
• A range of flexible benefits that you can tailor to suit your needs.

About us and our teams

Please visit our company website for further information: