Cro - Valuation Control, Independent Price

**Details of the Division and Team**:
The primary function of Market & Valuation Risk Management Valuation Control APAC (MVRM VC APAC) is to ensure the integrity and control over all aspects of the valuation of the bank’s trading portfolios in the APAC region. MVRM VC acts as an internal advisor and operates as a centre of excellence on valuation risk and methodology.

**What we will offer you**:
A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

**You can expect**:

- Flexible benefits plan including virtual doctor consultation services
- Comprehensive leave benefits
- Gender Neutral Parental Leave
- Flexible working arrangements
- 25 days of annual paid leave, plus public holiday & Flexible Working Arrangement

**Your key responsibilities**:

- Develop an understanding and identification of the key valuation risk areas. Understand the nature and risks of the transactions, their key valuation drivers and establish a valuation risk monitoring framework.
- Liaise with Trading, senior Finance management, Market Risk Management, internal/external audit and regulators on valuation issues as they arise.
- Review and validate Trading valuation models and assumptions. Independent modeling of transactions may also be periodically required.
- Detailed analysis of the transaction encompassing review of relevant market indicators, comparable firms, credit ratings and spreads, industry/sector fundamentals, etc. Conduct independent research as necessary to support valuation review, in some requiring fundamental valuation techniques in addition to market or model based.
- Ensure all aspects of the valuation review and control process are adequately documented for internal and external requirements. Manage the monthly/quarterly valuation review process.
- Develop and implement a consistent methodology and process across all business areas for the independent valuation assessment of complex structured transactions. This includes an assessment at the inception of the transaction and conducting ongoing regular valuation reviews. Propose appropriate reserving methodologies.
- Assess the technical issues pertaining to IFRS 7 level 3 asset valuation including modeling, market data, calibration, etc. In conjunction with the Model Risk Management Team assess the adequacy of valuation model controls to ensure continuing model validity, including the underlying model and calibration of model parameters.
- Proactively improve processes including streamlining, automation and offshoring of existing manual processes. Confirmation of valuation control aspects of the New Product Approval (with Business Finance).
- Active role in development of global Bank valuation policies and standards and Asian implementation. Requires regular communication with Global GVG to ensure the Asia perspective is adequately articulated.

**Your skills and experience**:

- Minimum of 8 years’ experience in a middle office, product control or valuation control function role within a financial institute, investment bank or buy-side firm with a focus on reviewing and analyzing complex structured trades
- Strong understanding of cash flow modeling and structured finance as well as exposure to hybrid derivatives and securitized products.
- Broad knowledge of banking products such as fixed income, flow products, valuation control, interest rates, credit and FX products
- Specific exposure to the reserving, pricing and modeling aspects of valuation control of trading businesses.
- Highly motivated and have demonstrated an ability to work in a team. They should be able to work effectively under pressure, multitask and take a proactive approach to all aspects of the role. They should have an ability to devise creative solutions to issues as they arise while maintaining a strategic perspective.
- Good working knowledge of Excel and possibly VBA, and hands-on experience of market data providers including Reuters, Bloomberg, and IHS Markit.

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirement applies

**How we’ll support you**:

- Flexible working to assist you balance your personal priorities
- 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
- Training and development to help you excel in your career

**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.

**Deutsche Bank & Diversity**:
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 background