Market & Valuation Risk Management – Rates – Vice President

6301 DB USA Core Corporation; New York (NY); Hybrid; USD 125.000 - 203.000; Vollzeit

Benefits dieser Stelle

Health and wellbeing benefits

Retirement savings plans

Parental leave

Family building benefits

Generous vacation

Personal and volunteer days

Employee Resource Groups support an an

Competitive compensation packages

Zusammenfassung

Deutsche Bank AG in New York seeks a Market & Valuation Risk Manager – Rates (VP) to oversee IPV, valuation controls and Day1 P&L for a broad Rates desk including MBS and municipal products. You will partner with Front Office, Finance and IT to drive risk governance and regulatory engagement.

You will lead cross‑regional teams, advance methodologies, and implement automated controls with AI-enabled workflows to strengthen independence and accuracy in valuations.

Qualifikationen

• Degree in math, finance, engineering or business.
• Postgraduate finance qualification (CFA/FRM) an advantage.
• Experience in markets or investment banking valuation/risk.
• Strong knowledge of fixed income and rates.

Aufgaben

• Oversee IPV across the Rates desk with a focus on MBS and municipals.
• Collaborate with Front Office, Strats, Finance and IT on valuation risks.
• Lead global teams and strengthen automated valuation controls, including AI components.
• Interface with auditors and regulators on IPV matters.

Kenntnisse

Maths

Finance

Engineering

Business degree

MS or higher

CFA/FRM

Markets experience

Fixed Income

Ausbildung

Bachelor's degree in Math/Finance/Engineering/Business

MS or higher degree

CFA or FRM

Tools

Yield Book

Intex

DCF modelling

Jobbeschreibung

Job Description

Job Title: Market & Valuation Risk Management – Rates Corporate Title Vice President

Location: New York, NY

Overview

As a Valuation Risk Manager covering Rates, you will ensure effective risk management focused on Independent Price Verification (IPV) across interest rate products and derivatives for the Americas region. The Rates area includes a variety of sub-businesses such as Options, Swaps, Exotics, Repo, Treasuries, Inflation, Mortgage‑Backed Securities (MBS), Municipal bonds and Social Infrastructure, etc. This role will have a deep focus on Mortgage‑Backed Securities desks including Agency MBS and Collateralized Mortgage Obligations (CMOs) and Public Finance & Solutions (PF&S) desk including Municipal Bond Trading, Social Infrastructure, Affordable Housing and E‑Trading desks. You’ll be an integral part of the Valuation Risk team focusing on all aspects of valuation including IPV, fair value reserving, prudent valuation, methodology review, Day1 Profit & Loss, leveling and control framework. This role demands a strong understanding of financial instruments, valuation methodologies, market data, and a proven ability to drive strategic initiatives and foster a robust control environment. This includes managing relevant regulatory and internal projects. Also, as the Valuation Team sits within Credit Risk Operations you will be integrated on the Market Risk side and interact daily across the entire organization including Front Office, other Risk areas, Technology and Finance.

What We Offer You

• health and wellbeing benefits
• retirement savings plans
• parental leave
• family building benefits
• generous vacation
• personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits.

What You’ll Do

Oversee monthly and intra‑month Independent Price Verification (IPV) across the Rates business, with a primary focus on municipal bonds and derivatives—including flow, financing, social infrastructure, affordable housing, and gas prepayment transactions—as well as Mortgage‑Backed Securities, including Agency Specified Pools, TBAs, IOs, IIOs, and CMOs. Partner regularly with Business (Front Office Trading) and Strats on the most significant items including emerging valuation risks, support new business growth and initiatives and challenge where necessary. Engage with Senior Management around significant matters as well with key stakeholders including Front Office heads, Risk managers, Finance and IT. Key contact for internal and externa auditors and regulators on IPV matters for business area. In addition, lead with global teams delivering on overall valuation agenda and controls. Be innovative around optimization efforts within Rates business with focus on methodologies, innovation and robust automated controls with a focus on integrating AI.

How’ll You’ll Lead

By your integrity and professionalism and unwavering commitment to ethical conduct and maintaining independence and objectivity in the IPV function Mentor junior team members and in future may manage junior staff both on & offshore.

Skills You’ll Need

Math(s), Sciences, Finance, Engineering, Business degree. MS or higher education, an advantage. Post graduate finance‑related qualification (i.e., CFA or FRM), an advantage. Extensive experience in a markets or investment banking environment in a valuation, risk management, front office (i.e., trading\structuring) or product control capacity. Deep understanding of financial instruments and markets; expert knowledge across a broad range of Fixed Income, most notably rates products and derivatives including cash products across MBS and Municipal bonds. Extensive knowledge using Yield Book, Intex and DCF modelling are a plus. Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Skills That Will Help You Excel

Stakeholder management and exceptional ability to build and maintain strong relationships with the Business and Senior Management influencing decisions and managing expectations Project Management skills; keeping updated plans and tracking along critical path Ability to troubleshoot and communicate complex topics and issues to Senior management in an effective manner.

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model. Deutsche Bank provides reasonable accommodation to candidates and employees with a substantiated need based on disability and/or religion.

Salary

The salary range for this position in New York City is $125,000 to $203,000.

Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.

Culture and Commitment

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. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law.

Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.

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