Valuations Specialist - VP

Deutsche Bank; Mumbai; On-site; INR 4,500,000 - 7,500,000; Full time

Benefits offered by this job

Leave policy

Parental leaves

Childcare reimbursement

Certifications sponsorship

Employee assistance

Hospitalization insurance

Life insurance

Health screening

Job summary

Deutsche Bank in Mumbai is seeking a Valuations Specialist (Vice President) to lead the valuation control function for trading portfolios, ensuring accuracy and compliance across markets. You will oversee IPV, fair value reserves, and prudent valuation across asset classes with emphasis on rates and credit products.

This role requires 8+ years in valuation control or related risk roles within banking, strong MS Excel and PowerPoint skills, and a postgraduate finance qualification as an

Qualifications

• Degree in Math, Sciences, Finance or related field; postgraduate finance qualifications are an advantage.
• 8+ years' experience in valuation control, product control, risk management or front office in financial institutions.
• Strong knowledge of banking products such as fixed income, credit and FX.
• Excellent organizational and communication skills.

Responsibilities

• Oversight of IPV, fair value reserves, prudent valuation across asset classes.
• Review IFRS observability framework for significant transactions and pnl deferral.
• Collaborate with Change, Quant, and methodology teams for infrastructure rollout.
• Ensure valuation review and SOX sign-off are performed and evidenced.
• Liaise with Trading, Finance, Market Risk, auditors, and regulators on valuation issues.

Skills

Valuation control

8+ years experience

Banking products knowledge

Excel & PowerPoint

Programming knowledge

Communication skills

Finance background

Education

MS or higher degree (advantage)

Postgraduate finance qualification (CA, CFA, FRM) advantage

Tools

MS Excel

PowerPoint

Job description

Job Title: Valuations Specialist

Corporate Title: Vice President

Location: Mumbai, India

Role 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 well 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 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
• 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