Valuations Senior Specialist, AVP
Deutsche Bank — Mumbai, MUMBAI
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Job Description
Job Description:
Job Title: Valuations Senior Specialist, AVP
Location: Mumbai, India
Position Description
Valuation Control is a specialist group within Market and Valuations Risk Management (MVRM) that manages a wide range of relevant risk and implementation topics to secure integrity and control over all aspects of the valuation of the Bank's trading portfolios.
This includes:
- Performance of monthly and intra-month Independent Price Verification (IPV), Reserves and Prudential Capital
- Oversight and development of valuation, reserve and Prudential Capital methodologies
- Analysis and management of key valuation uncertainty issues through DB's senior management
- Review of bespoke derivative and structured financing trades
- Valuations works closely with its Risk Management partners, Finance, and Trading globally and employs a team extension model in Mumbai.
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 child care assistance benefit (gender neutral)
- Flexible working arrangements
- 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 main responsibilities
- Execute the IPV( Independent Price Verification), Fair Value adjustments (FVA reserves), Fair Value Hierarchy levelling, Day1 PNL assessment, Prudential Valuations (Pruvals) calculations of products such as Bonds, Loans, Swaps, Securitized Products, Derivatives (among them Forwards, Options and CDS), FX, IR Swaps, Swaption, Inflation Swaps, Inflation Options, other Interest Rates products etc.
- Report and offer analysis of pricing variance drivers, execute due diligence on the reliability of market data from multiple sources such as Bloomberg, Markit-Totem, brokers and other independent sources
- Take ownership of the process and models, thoroughly understand the underlying financial and mathematical concepts, and make change / improvements, in consultation with other stakeholders, if situation warrants.
- Increase the process streamlining by automating manual steps in the processes. Co-ordinate with CTB to increase productivity.
- Create sound relationships with product control, risk management and quantitative departments on valuation and modeling issues.
- Guarantee controls around processes such as completeness and accuracy, and adherence to core operating procedure.
- Discuss IPV, FVA reserves, Levelling and Prudential Valuations results with regional Valuation Teams, Desk and other stakeholders
- Be involved in Strategic, Tactical/ ad-hoc projects / investigation requests from Stakeholders
- Ensure proper back-ups are created and assist other teams during contingencies (Staff shortage, high volumes etc). Create / modify / update the supporting documentation like KOP/SOP etc.
Your capabilities and experience
- Ideally the jobseeker will have several years of experience within the Valuation / Market Risk departments of a large investment bank with in-depth grasp of Credit, Rates, or Currency markets.
- Specific exposure to IPV, reserving, pricing and modelling aspects of valuation control of trading businesses is preferred.
- Good working understanding of Excel, VBA and possibly Python, hands-on experience of market data providers covering Reuters, Bloomberg, ISMA and Markit
- Good communication abilities.
Proven capacity to draw on AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
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.
This Valuations Senior Specialist, AVP vacancy is based in (do.
Frequently Asked Questions
What are the eligibility criteria for the Valuations Senior Specialist, AVP job at Deutsche Bank?
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-5 Years years of relevant experience expected for this role.
What are the primary responsibilities of a Valuations Senior Specialist, AVP at Deutsche Bank?
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Valuations Senior Specialist, AVP at Deutsche Bank.
Is prior experience required for this position?
This role requires around 0-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
What skills are important for this role?
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
How do I apply for the Valuations Senior Specialist, AVP role at Deutsche Bank?
You can apply directly using the Apply Now button on this page, which will take you to Deutsche Bank's application process for this role.
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