Valuations Specialist Avp

Year    Mumbai, Maharashtra, India

Job Description


:Job Title - Valuations SpecialistLocation \xe2\x80\x93 Mumbai, IndiaRole DescriptionGuidance for writing the position description:

  • Articulate and define the main purpose of the position, addressing the question \xe2\x80\x9cWhy does it exist?\xe2\x80\x9d
  • It is important to use reflective and action verbs to outline the main position and reason of being of theposition, state the framework or limits within which the position is set, and include the permanent objectives or end-result of the position
Provide an overview of the key result areas of the positionConstruct position description here, using as much space as requiredThe role requires the candidate to perform the monthly and quarter end activities on the GEM business and oversee the governance of controls and adherence to policies. This includes and is not limited to contributing towards the implementation of strategic roll-out for IPV processes and review of the regulatory controls as committed by the Bank.What we\xe2\x80\x99ll offer youAs part of our flexible scheme, here are just some of the benefits that you\xe2\x80\x99ll 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 key responsibilitiesGuidance for setting out the responsibilities and tasks to be carried out in the position:
  • Describe the responsibility and expected contributions of the position, listed in the order of priority
  • Each responsibility should indicate the expected results; expressing both the \xe2\x80\x9cwhat\xe2\x80\x9d (responsibility) and \xe2\x80\x9chow\xe2\x80\x9d (task)
  • Consider the position on a permanent basis without reference to a time frame
  • Combine minor or occasional responsibilities; do not include a responsibility which occupies 5% or less of an incumbent\xe2\x80\x99s time unless it is an essential part of the position
  • Consider the content of the position on these three dimensions:
  • Accountabilities (takes ultimate decisions)
  • Responsibilities (takes decisions within a provided framework)
  • Supporting (has a helping or facilitating position)
  • Use gender neutral language such as s/he
  • Avoid words that are open to interpretation \xe2\x80\x93 for example instead of \xe2\x80\x9chandle incoming mail\xe2\x80\x9d use \xe2\x80\x9csort and distribute incoming mail\xe2\x80\x9d.
  • Note: For positions with supervisory/management responsibilities, there is a standard People Management section with specific responsibilities for Corporate Title Bands.
  • Note: For positions relating to Heads of Functions, example responsibilities to select from include:
  • Sets a vision for long term organizational success at global / regional business level and implements respective strategic plans
  • Oversees development and execution of objectives, plans and policies and is accountable for continuous efforts to improve Deutsche Bank\'s competitive Position and its performance
  • Ensures financial success by controlling budget planning and management as well as the P&L
  • Maintains internal and external key business relationships
Ensures the alignment to the DB risk management framework as well as to current regulatory and compliance requirementsInsert responsibilities here, using as much space as required
  • Perform and have oversight of the intra-month and monthly IPV and Reserves for Bonds, CDS, Loans, IR products
  • Investigate drivers for variance and tolerance breaches utilizing available system feeds
  • This includes and is not limited to review of the GEM results for month-end and quarter-end activities including PruVal, Sensitivity analysis, Levelling and any new ask as demanded by regulatory bodies
  • Review of SOX controls and adherence to the governanve framework as well as remediation of any SOX control gaps
  • Review of committed regulatory controls and migrations of processes onto strategic platform/s as deemed appropriate by the Bank
  • Periodical review and assessment of the control state of GEM processes
  • Collaboration with Global Stakeholders on resolution of common IPV issues and remediation of audit items
  • Adherence to the VC Governance policies and Bank\xe2\x80\x99s HR policies including the Values & Beliefs
  • Perform due diligence for reliability of price date from multiple sources such as Bloomberg, MarkIT, Totem and other independent broker quotes
  • Produce and perform quality checks for critical price testing processes
  • Substantiate adjustments to fair value in conjunction with policy
  • Monitor and report breaches to the Stakeholders, Desk and Traders
  • Developing strong relationships with Product Control, risk management and quantitative departments on valuation and modeling issues
  • Discussing price testing results, fair value and model reserves, general modeling issues / uncertainties with front office and reporting on suitability for specific products / markets
  • Reporting and MIS pack presentation for senior VC management, Front Office, Risk Management and Finance
  • Ensure completion/adherence of activity as per Standard Operating Procedure
  • Ensure quality/quantity of processing is maintained as per the SLA
Escalate all issues in time, to the appropriate level, to avoid any adverse impact on the businessYour skills and experience
  • Specify the minimum level and type of experience required for the position (e.g. specialised or cross-functional, cross-industry experience, local or international experience)
  • Do not include the number of years
  • Alternative possible background can be indicated
  • Consider the experience required in the following areas:
  • Risk and Regulatory
  • Business
  • Leadership
MIFiD II Positions: Ensure the description outlines the need to possess the necessary knowledge, competence and at least 6 months of experience in a relevant role to meet relevant regulatory and legal requirements.Insert the experience and exposure required to carry out the position, using as much space as required:
  • Good understanding of Financial instruments and Derivative products
  • Good understanding of the EMEA, US regulations \xe2\x80\x93 IFRS, IHC, etc.
  • Basic understanding of BBG, Reuters, Totem in key market data sets & using pricing functions
  • Must have strong hands-on experience with MS Excel and MS Access functions
Ideal if experienced in VBA, Python, Tableau and any development in an oriented object language like C, C++ etc.Education/ Qualifications
  • Define the minimum level and type of education required.
  • If applicable, indicate type of certificate, diploma or degree required
MIFiD II Positions: Confirm position description contains appropriate Qualification Category. Ensure the description outlines the need to possess the necessary knowledge, competence and experience to meet relevant regulatory and legal requirements.Insert the education and qualifications required to carry out the position, using as much space as required:CA, CFA, FRM with relevant experience in valuations.How we\xe2\x80\x99ll 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
  • A range of flexible benefits that you can tailor to suit your needs
About us and our teamsPlease visit our company website for further information:Our values define the working environment we strive to create \xe2\x80\x93 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 to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.

Deutsche Bank

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Job Detail

  • Job Id
    JD3270474
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year