Job 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

• 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

• 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

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Deutsche Bank & Diversity

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