In Scope of Position based Promotions (INTERNAL only)

Job Title: Lead - Valuation Risk - Analytics & Control, VP

Location: Mumbai, India

Role Description

Valuation Risk is a specialist group within Market and Valuations Risk Management (MVRM) that manages a wide range of relevant risk and implementation topics to ensure 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

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

• The primary function of the role is to have an oversight of key Valuation results while ensuring compliance to frameworks and rulebooks.
• Ensure effective design and efficient operation of processes and controls.
• Provide transparency of outcomes and insightful analysis for business and other key stakeholders.
• Drive/Support Change BoW (Key Deliverables), regulatory and audit remediation.
• Being a senior role, the candidate is required to demonstrate in-depth knowledge of Rates/credit markets in both cash and derivative product, and to have solid understanding of other product groups given the diverse scope of the Rates/credit desk trading mandate.
• The candidate is expected to bring well-developed stakeholder management and leadership skills in addition to infrastructural and product technical skill sets and to establish a solid commercial and valuation risk culture in partnership with senior stakeholders.
• Key Stakeholders: Senior Risk, Valuations and Finance Management, Front Office, External and Internal auditors and Regulators.
• Ability to multitask and project management skills is must, ability to handle complex projects and execution oriented

Your skills and experience

• Ideally the candidate will have several years of experience within the valuation / Market Risk departments of a large investment bank with in-depth knowledge of Rates and Currency markets.
• Specific exposure to IPV, reserving, pricing and modelling aspects of valuation control of trading businesses is preferred.
• Good working knowledge of Excel, VBA and possibly Python, hands-on experience of market data providers including Reuters, Bloomberg, ISMA and Markit
• Good communication skills

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.htm

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.