Valuations Specialist, VP

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

Benefits offered by this job

Leave policy

Parental leaves

Childcare reimbursement

Certifications sponsorship

Employee Assistance Program

Job summary

Deutsche Bank AG in Mumbai seeks a Valuations Specialist (Vice President) to ensure integrity and control over bank portfolio valuations. You will act as an internal advisor and lead valuation risk and methodology excellence across asset classes.

The role requires 8+ years in valuation-related roles, strong Excel skills, and knowledge of fixed income, credit and FX products. Collaboration with risk, trading and audit teams is essential to success.

Qualifications

• Minimum of 8 years' experience in valuation control, product control, risk management or front office in a financial institution.
• Proficient in MS Excel; knowledge of programming languages is a plus.
• Knowledge of fixed income, credit and FX products is advantageous.

Responsibilities

• Oversight of IPV, fair value reserves and prudent valuation across asset classes, focusing on rates and credit products.
• Review IFRS observability framework for day1 P&L deferral and IFRS leveling.
• Collaborate with Change, Quant, and methodology teams for infrastructure rollouts.
• Ensure SOX controls are evidenced and followed in valuation review and control processes.
• Liaise with Trading, senior Finance, Market Risk, audits and regulators on valuation issues.

Skills

MS Excel

PowerPoint

Programming languages

Education

Bachelor’s degree in Math/Sciences/Finance/Business

MS or higher degree

Postgraduate finance qualification (CA/CFA/FRM)

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 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 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. For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security.

More information at: Deutsche Bank Careers (db.com)