MVRM Valuation Control - Valuation Governance & Analytics - Assistant Vice President
Deutsche Bank
Application
Details
Posted: 19-Jun-24
Location: New York, New York
Type: Full-time
Salary: Open
Internal Number: 20875616
Job Description:
Job Title MVRM Valuation Control - Valuation Governance & Analytics
Corporate Title Assistant Vice President
Location New York, NY
Overview
As a Valuation Control Governance & Analytics team member, you will focus on Independent Price Verification (IPV) controls across all Businesses for the Americas. This position is in Valuation Control (VC) and resides in the US (New York). You'll be an integral part of the team focusing on all aspects of valuation control including coordination across IPV, fair value reserving, prudent valuation, methodology, leveling and control framework. You may also be involved on the Market Risk side and interact across the entire organization including Front Office, Risk and Finance.
Deutsche Bank has been named 'Bank Risk Manager of the Year' by the leading publication risk, net for the second consecutive year (2020 & 2021).
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift, and volunteer programs
What You'll Do
Oversight of monthly and intra-month Independent Price Verification (IPV) controls across multiple asset classes
Governance and reporting of valuation methodologies, model appropriateness and reserving; independent modelling of transactions may be required. Help to review and deep-dive analysis of Level 3 (i.e., hard-to-value positions), bespoke and structured trades
Responsible for the valuation control processes for Americas including but not limited to: valuation, leveling (i.e. Level, 1, 2 and 3), sourcing of market data and back testing, prudent valuation, model calibration, methodology reviews, reporting, observability and analysis of results
Respond to relevant regulatory and audit queries. Assist with for audit and regulatory requests
Involvement on the Market Risk side as fully integrated with Valuation function
Skills You'll Need.
Math(s), Sciences, Finance, Business, or other relevant degrees preferred.
Good analytical skills and attention to detail
Strong interpersonal and communication skills (both verbal and written) with an ability to present and effectively articulate your view to senior management
Moderate experience of working in a markets/investment banking environment either in a control function, valuation, or risk management
Skills That Will Help You Excel
Familiarity of financial instrument valuation and risks measurement in a complex product area, preferably in credit or derivatives area. Knowledge of cash products a plus
Team player with positive attitude and work ethic but can also work well independently
Ability to identify risks and issues and issues to escalate to the management in a timely and effective manner
Working knowledge of Microsoft Office, especially Excel and similar data analytical tools like python/tableau would be a plus
Expectations
It is the Bank's expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank's hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $85,000 to $ 120,750. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Values & Diversity
We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds, and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
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Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authenti-cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision
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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.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .