Market and Valuation Risk Management

2 weeks ago


Manila, National Capital Region, Philippines Deutsche Bank AG Full time
Market and Valuation Risk Management - Valuations Senior Specialist - AVP

Job ID:R Full/Part-Time: Full-time

Regular/Temporary: Regular Listed:

Location: Manila

Position OverviewJob Title: Market and Valuations Risk Management – Valuations Senior Specialist - AVP

Location: Manila

Corporate Title: Assistant Vice-President

Department Overview - Market and Valuation Risk Management (MVRM)

The Market and Valuation Risk Management (MVRM) group is a 2nd line of defence (2LOD) control under the Bank's Chief Risk Office. MVRM globally identifies, assesses and manages the market risks, and is responsible for independent valuation of balance sheet positions, predominantly across the Corporate & Investment Bank (CIB).

Market Conformity Control (MCC), and Exotic Trade Review (ETR) are two key 2LOD control teams under MVRM's Valuation Control unit. MCC performs independent validation that transactions conform to prevailing market levels at time of execution using pre-determined methodologies. ETR, on the other hand, checks and validates economic terms of dually-booked exotic trades match with executed legal documents agreed with the Bank's clients.

What we'll offer you

Medical and Life Insurance upon employment

Your key responsibilities

From a Market Conformity Control perspective, produce relevant MI reports that are needed in the review and assessment of trades, and determine if transacted prices correspond to market price levels within specified thresholds using pre-determined methodologies

From an Exotic Trade Review perspective, perform full document review against Models and Trade Capture system, initial investigations of breaks, as well as determining whether the trades should be amended in risk model or booking and allocate to owner

Continued technical evolution of valuation risk and reserve methodologies

Management of Internal and external relationships across the region and be the escalation point for issues management and resolution

Proactively improve processes and methods including streamlining, automation and off-shoring of existing processes

Your skills and experience

Bachelor's Degree in either Math, Statistics, Accountancy, Financial Engineering, Finance or equivalent, while further professional qualification or study .e.g. CIMA, CPA, CFA, FRM, or Master's Degree will be an advantage

Solid knowledge in financial markets products (Credit, Rates, FX, Equities, and Derivatives), with understanding of trading strategies, market dynamics and regulatory environment preferred

Previous work on programming or data analytics is preferred

Strong control mind-set, and solid analytical, problem-solving skills

Highly organized and can work both independently and as part of a team in a fast-paced environment.

Demonstrates an intrinsic motivation, and ability to critically think and navigate problems on their own.

Good communication skills and the ability to work in a multi-cultural setting with senior stakeholders across locations

Amenable to following a mid-shift work schedule (11AM-8PM M-F)

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

About us and our teams

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

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.

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