Valuations  is responsible for mitigating valuation risk in the bank’s financial reporting. Work includes: • Design and ownership of policy and methodology framework underpinning all valuation topics •Design and operation of control framework around all valuation topics •Decision maker on all valuation topics •Investigating external and internal challenges amid a rapidly evolving business, regulatory, and economic environment •Advising on the implication of new regulation and industry best practice around all valuation topics.  Specific tasks may include: •Establishing independent pricing to verify trader marks for the bank’s entire fair value balance sheet, including enhanced review and control around valuation uncertainty of illiquid Inventory •Performing independent pricing verification on a monthly and intra-month basis •Establishing adjustments to model prices necessary to achieve (market) exit price •Quarterly determination for every market data input to establish whether observable •Decision on upfront profit recognition for every transaction based on observability and significance of input •Quarterly levelling classification for entire fair value balance sheet •Quarterly calculation of Prudent Valuation Common Equity Tier 1 (CET1) deduction •Review of risk representation against executed documentation for all the bank’s exotic and/or bespoke trades •Monitoring of product tagging to enable model control and of model parameter usage for fair value balance sheet •Review of non-books and records valuations sent to customers or used for margin calls •Performance of Market Conformity Controls ensuring that executed trade prices conform to prevailing market prices

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 skills and experience

• Ideally the candidate will have 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
• . Flexible working to assist you balance your personal priorities
• . 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.