MVRM Valuation Control – Valuation Governance & Analytics - Assistant Vice President

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.

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