Imm Model Validator

3 weeks ago


Mumbai, India Deutsche Bank Full time

**Job Title - AVP in Algo Trading Model Validation**

**Location - Mumbai**

**CRO Overview**
- 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). _

**Role Description**

Model Risk Management’s mission is to manage, independently and actively, model risk globally in line with the bank's risk appetite with responsibility for:

- Performing robust independent model validation;
- Ensuring early and proactive identification of Model Risks;
- Designing and recommending Model Risk Appetite;
- Designing and implementing a strong Model Risk Management and governance framework;
- Creating bank-wide Market Risk policies

**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 role is to independently review and analyze derivative/research models for pricing and risk management.
- The role in Mumbai will work closely with the pricing validation team in London, Mumbai and Berlin to produce, analyze and document validation testing.
- Reviews and analysis require a good understanding of the mathematical models used, implementation methods, products traded in these markets, and the associated risks.
- The outcome of review and analysis and independent implementation will form the basis of discussion with key model stakeholders including: Front Office Trading; Front Office Quants; Market Risk Managers; and Finance Controllers.

**Your skills and experience**
- Experience in validation of models used for Algorithmic Trading
- Experience in C++/Python

**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**

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.


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