MVRM Valuation Control – Valuation Governance - New York, United States - 6301 DB USA Core Corporation

    6301 DB USA Core Corporation
    6301 DB USA Core Corporation New York, United States

    1 month ago

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    Full time
    Description

    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 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:

    The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice, please email .

    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 authenti­cally 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 to learn more

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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.