Valuations Senior Specialist, Avp

In Scope of Position based Promotions INTERNAL only Job Title Valuations Senior Specialist AVP Location Mumbai India Role 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 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 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 key responsibilities Perform 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 including Forwards Options and CDS FX IR Swaps Swaption Inflation Swaps Inflation Options other Interest Rates products etc Report and provide analysis of pricing variance drivers perform 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 efficiency by automating manual steps in the processes Co-ordinate with CTB to increase efficiency Develop strong relationships with product control risk management and quantitative departments on valuation and modeling issues Ensure controls around processes such as completeness and accuracy and adherence to key 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 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 Credit Rates or 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 We strive for a 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