CRO - Valuation Control Specialist - Vice President

Deutsche Bank AG; Singapore; Hybrid; SGD 250,000 - 420,000; Full time

Benefits offered by this job

Hybrid working arrangement

25 days annual paid leave

Gender Neutral Parental Leave

Flexible benefits plan

Job summary

Deutsche Bank AG is seeking a Vice-President level professional for Valuation Governance within the GFCT team in APAC. You will strengthen valuation methodologies for complex assets, oversee independent price verification and prudent valuation, and collaborate with Front Office and risk functions to ensure robust valuations across credits, private markets and illiquid instruments.

You will engage in cross-asset valuation concepts, leverage Excel/Bloomberg, and contribute to global valuation

Qualifications

• Minimum 8 years’ experience in valuation control, product control, or pricing/valuation roles within an investment bank, risk function, or buy-side firm.
• Strong knowledge of private markets including private equity, private credit and illiquid bespoke transactions.
• Excellent communication skills with confidence to challenge Front Office and articulate valuation recommendations.

Responsibilities

• Develop understanding of key valuation risk areas within credit portfolios.
• Establish a valuation risk monitoring framework.
• Review daily/monthly Independent Price Verification results and investigate discrepancies.
• Develop and refine approaches for valuing distressed and bespoke transactions.
• Assess valuation of private equity, private credit, loans, and structured transactions with limited data.
• Define modelling requirements and assess valuation risks to post fair valuation adjustments.
• Partner with Front Office, Market Risk, Finance and stakeholders to validate valuations.

Skills

Analytical skills

Quantitative skills

Communication skills

Excel

Bloomberg

Python

VBA

Education

CFA

FRM

ACA/ACCA

MSc Finance

Tools

Bloomberg

Python

VBA

Job description

Job Description: Details of the Division and Team:

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 Risk Management (VRM), part of Market and Valuation Risk Management (MVRM), operates as an independent second line of defence. The VRM APAC team ensures the integrity, accuracy, and governance of valuations across the Bank’s trading and investment portfolios, while acting as an internal advisor and a centre of excellence for valuation matters.

What we will offer you:

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center. You can expect:

• Flexible benefits plan including virtual doctor consultation services
• Comprehensive leave benefits
• Gender Neutral Parental Leave
• Hybrid working arrangement
• 25 days of annual paid leave, plus public holiday
• A culture of continuous learning to aid progression

The successful applicant will be up to a Vice-President Level and will be part of the Valuation Control team overseeing the Global Financing and Credit Trading (GFCT) business where you will gain broad market and technical exposure to bonds, loans, derivatives, and securitized products across the region. Your role will focus on strengthening valuation governance and developing robust valuation approaches for complex, non-observable instruments. You will also be involved in the Independent Price Verification and Prudent Valuation process performed in the global team.

Your key responsibilities:

• Develop an understanding of the key valuation risk areas within credit portfolios.
• Understand the nature and risks of transactions, their key valuation drivers and establish a valuation risk monitoring framework.
• Reviewing daily and monthly Independent Price Verification results; Investigating discrepancies to ensure defensible valuation conclusions
• Develop and refine approaches for valuing distressed, structured, and bespoke transactions using credit fundamental modeling and the Bank's internal pricing libraries
• Assess valuation of private equity investments, private credit, loans, and structured transactions, where observable market data is limited
• Apply fundamental credit and equity analysis, benchmarking, and proxy methodologies to derive robust valuations
• Approving New trades, making Day1 revenue recognition decisions and oversight Quarterly Fair Value Levelling and Prudent Valuation processes and reporting
• Enhancing and developing fair value and prudential valuation methodologies
• Define modelling requirements, understand model limitations, assessing key valuation risks and posting appropriate fair valuation adjustments
• Partner closely with Front Office, Market Risk, Finance, and senior stakeholders to challenge and validate valuations, ensuring transparency and robustness of valuation practices

Your skills and experience:

• Minimum of 8 years’ experience in in valuation control, product control, or pricing/valuation roles within an investment bank, risk function, or buy-side firm, with a focus on private credit, private equity, or illiquid products
• Strong knowledge of private market including private equity, private credit and illiquid bespoke transactions. Solid experience across credit products (bonds, CDS, loans) and familiarity with cross-asset valuation concepts
• Strong analytical and quantitative skills
• Highly motivated candidate with proven ability to operate in a judgement-heavy environment, particularly in valuation of illiquid and complex assets
• Excellent communication skills with confidence to challenge Front Office and articulate valuation recommendations to senior stakeholders
• Proficiency in Excel and Bloomberg with programming skills (Python/VBA)
• Relevant professional qualifications (CFA, FRM, ACA/ACCA, MSc Finance or equivalent)

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network.

Deutsche Bank & Diversity 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)