Job Title: Market and Valuations Risk Management – Valuations Specialist - Associate
Location: Manila
Corporate Title: Associate
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
- Competitive Salary
- Attractive Retirement Benefit
- Medical and Life Insurance upon employment
- 20 days Annual Vacation Leaves
Your key responsibilities
- Market Conformity Controller identifies and escalates potential off-market exceptions to Front Office, and/or other key functions of the Bank part of the transaction.
- Exotic Trade Reviewer ensures key economic terms of exotic trades (i.e. trades modelled on two different settlement and risk & PnL platforms) are appropriately represented in the trade booking securities.
- Identify and highlight control gaps in trading and booking practices with 1st line of defence (1LOD) stakeholders such as Business Control and Business Compliance.
- Regularly review utilized methodologies amidst dynamic market environment
- Participate in change initiatives and implementations which may include discussions with Technology and Strats teams
- Proactively identify process gaps for remediation, and deliver continuous improvement initiatives
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
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.
Click here to find out more about our diversity and inclusion policy and initiatives.
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.
Top Skills
What We Do
At Deutsche Bank, we give original thinkers the space and support they need to shine. Merging local knowledge with global vision, in-depth insight with industry-leading digital expertise, if you’re an innovator by nature, we can help you to unleash your potential.
We see things differently at Deutsche Bank – and we’re proud of our fresh perspective. Today, we’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritising long-term success over short term gains, and serving society with ambition and integrity.
Wherever your interests lie – in investment banking, trading, private wealth, asset management, retail banking - or many of the infrastructure functions that support them – you’ll discover resources, training and opportunities designed to keep you ahead of the curve.
Intelligence has no boundaries: we welcome high-achieving, talented individuals from any background.
If you’re full of imagination, enjoy solving problems and respond positively to complex challenges, discover a career to look forward to and join us!
