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Senior Valuations Specialist VP role at Deutsche Bank in Mumbai.
Lead valuation controls and risk management in a leading global bank.
Title: Valuations Specialist, VP
Location: Mumbai, Indien
Position Overview
In Scope of Position-Based Promotions 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.
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.
Best in class leave policy.
Gender neutral parental leaves
Gender neutral parental leaves
100% reimbursement under childcare assistance benefit (gender neutral)
100% reimbursement under childcare assistance benefit (gender neutral)
Sponsorship for Industry relevant certifications and education
Sponsorship for Industry relevant certifications and education
Employee Assistance Program for you and your family members
Employee Assistance Program for you and your family members
Comprehensive Hospitalization Insurance for you and your dependents
Comprehensive Hospitalization Insurance for you and your dependents
Accident and Term life Insurance
Accident and Term life Insurance
Complementary Health screening for 35 yrs. and above
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 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.
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.
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.
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.
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.
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.
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.
Good knowledge of banking products such as fixed income, credit and FX products.
Excellent organisational and communication skills, both written and verbal.
Excellent organisational and communication skills, both written and verbal.
Able to devise creative solutions to issues as they arise while maintaining a strategic perspective.
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.
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.
Training and development to help you excel in your career.
Coaching and support from experts in your team.
Coaching and support from experts in your team.
A culture of continuous learning to aid progression.
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.