Market and Valuations Risk Management – Valuations Specialist - Associate
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Job Title: Market and Valuation Risk Management – Valuations Specialist - Associate
Location: Manila
Corporate Title: Associate
The Market and Valuation Risk Management (MVRM) group specifically deals with complex and structured trades across different asset classes to ensure all aspects of the trades are captured correctly within the risk and valuation systems, accurately reflecting the complete terms of the executed legal documentation. The review is a crucial control mechanism for exotic derivative trades within Corporate Investment Bank.
Valuation Control is a specialist group within MVRM that manages a wide range of relevant risk and implementation topics to ensure integrity and control over all aspects of the valuation of the Bank's trading portfolios.
What we’ll offer you
- Competitive Salary
- Attractive Retirement Benefit
- Medical and Life Insurance upon employment
- 20 days Annual Vacation Leaves
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.
- Work closely with stakeholders to identify the root cause of breaks, and to implement process improvements to eliminate them
- 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), as well as understanding of trading strategies, market dynamics and regulatory environment is preferred
- Solid background in structured complex products like Credit Derivatives, and ability to deal with mathematical risk models, market valuations and review of legal documentation is preferred
- Good communication skills and the ability to work in a multi-cultural setting with senior stakeholders across locations and a strong passion to perform in a dynamic fast-paced environment
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.
