Valuations Specialist, VP

Deutsche Bank; Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Benefits offered by this job

Best in class leave policy

Gender neutral parental leaves

Childcare reimbursement

Certifications sponsorship

Employee Assistance Program

Hospitalization Insurance

Life Insurance

Health screening

Job summary

Deutsche Bank in Mumbai seeks a Valuations Specialist (Vice President) to join the Valuation Control team within the Corporate & Investment Bank.

You will oversee IPV, PnL deferral, IFRS observability, and coordinate with Change, Quant, and trading teams to ensure accurate valuation and SOX compliance. Strong knowledge of fixed income, credit and FX is expected.

Qualifications

• 8+ years of experience in valuation control or related risk/finance roles.
• Knowledge of fixed income, credit and FX products.
• Strong MS Excel and PowerPoint skills; programming knowledge is a plus.

Responsibilities

• Oversight of IPV, fair value reserves and prudent valuation across asset classes, focusing on Rates and Credit.
• Oversight of IFRS observability framework for day 1 P&L deferral and levelling.
• Collaborate with Change, Quant, and development teams for infrastructure rollouts.
• Ensure valuation review/controls and SOX evidence gathering per requirements.
• Liaise with Trading, Finance, Market Risk, audits and regulators on valuation issues.

Skills

Math/Finance degree

CA/CFA/FRM knowledge

Banking products knowledge (FI, Credit

FX products understanding

Organization & communication

Problem solving

MS Excel

PowerPoint

Programming languages

Education

Bachelor's degree in Maths/Finance/Business

Postgraduate finance qualification (CA/CFA/FRM)

Tools

Programming languages

Job description

Position Overview

The Chief Risk Office has group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks, and the continual development of risk measurement methods, frameworks, and a strong risk culture. Valuation Control (VC) is part of this function, sits within the Market and Valuations Risk Management group, and ensures integrity and control over all aspects of valuation of the bank’s trading portfolios, acting as an internal advisor and a centre of excellence for valuation risk and methodology.

Job Title

Valuations Specialist

Corporate Title

Vice President

Location

Mumbai, India

What We’ll Offer You

• Best in class leave policy.
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• 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: 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.